Track the new businesses being started up in the country, and if they are not in the tech sector, the chances are that they are located in Delhi/Gurgaon/Noida. The majority of FMCG companies other than Unilever are in the Delhi
Infosys Technologies generates over 60 per cent of its revenue from the US, which is witnessing a slowdown. A falling rupee did help the company tide over the quarter, and S Gopalakrishnan (popularly addressed as Kris) says that new opportunities,
The company had hedged $2.5 billion as of March 2008, but unwound its position reducing its exposure to $1.7 billion as on June 30. The unwinding resulted in a loss. An analyst tracking the firm said: "This was expected as
The initiative, which was launched by the United Nations Environment Programme in 2003 in collaboration with Indian banks, was aimed at providing loans to rural households for setting up solar energy systems. Besides, the 'Billion Tree Campaign' launched in 2006
In the mutual funds segment, well-managed diversified equity funds, balanced funds and monthly income plans with proven track records could form the core portfolio. Of course, the investor's risk profile and investment objectives would play a part in determining the
Releasing its recommendations for BWA spectrum allocation on Friday, Trai has suggested that the auction should be done in blocks of 5 MHz each and any bidder can bid for one or two or three blocks. A company can bid
Yield on the benchmark 8.24 per cent note, due in April 2018, rose 30 basis points this week to 9.45 per cent at 5:30 pm. It had hit an intraday peak of 9.55 per cent, its highest since September 2001.
In a dual blow that rattled stock markets, inflation jumped to a fresh 13-year high of 11.89% at June-end while industrial output growth plummeted to a six-year low of 3.8% in May, down sharply from 6.2% the previous month and
From the frontiers of laughter research, scholars offer these words of comfort. If you are mortified of dancing for fear of being the butt of jokes, fret not, you are far from alone.
Infosys Technologies on Friday met market estimates, recording quarterly profits of Rs 1,302 crore for Q1 FY 2009, up 20.7% from profits of Rs 1,079 crore posted during a year ago.
U.S. and Mexican entrepreneurs with an eye for a quick buck are buying subsidized fuel in bulk in Mexico and hauling it across the U.S. border to make big profits, officials say.
Taking advantage of a bullish metal market, Nalco pumped out more tonnage of alumina and aluminium during the first quarter of the current fiscal to June 30, 2008.
With the ongoing economic and political turmoil India's credit profile has come under some scrutiny, said S&P's Ratings Services in an article, "Will Ratings On India Withstand Triple Whammy Of Rising Inflation And Worsening Fiscal And Current Account Deficits?"
Analysts feel that on a quarter-on-quarter basis, growth of the media and entertainment industry would be subdued on account of the current inflationary scenario which has hit leisure related expenditure.
India has found that the revised negotiating texts of WTO released on Thursday, just days ahead of the mini-ministerial meeting scheduled to be held in Geneva on July 21, are not up to its expectations regarding protecting its SMEs and