Business

SEBI Likely to Revisit FII Guidelines on Broad-Based Money

Indian BPO Firms Shrug Off Global Slowdown Fears

Americans Not Ready for Indian Cars

The Barometer of Automotive Awareness and Imagery Study found that only 38% of the respondents would consider buying a Chinese car and 30% an Indian vehicle. In contrast, 95% are open to buying from an American company, 76% from a German manufacturer

Pro-Bono Project Takes Foothold in India

"I believe lawyers have a professional duty to undertake pro bono work. You cannot believe in the legal system without recognising the need for the law to be accessible to everyone."

FDI Inflow to Rise Sharply in Fy12

The net foreign direct investment (FDI) inflow in India is expected to improve sharply to $19.5 billion during FY 12 as compared to $7.1 billion in FY 11 on account of robust and sustainable economy, the Centre for Monitoring Indian Economy (CMIE) sa

JFE Plans To Take Its Stake In JSW Beyond 14.9% to Meet Corporate Norms

Japan's JFE Corp is planning to increase its shareholding in the Sajjan Jindal-controlled JSW Steel to meet corporate norms. The move will allow international steelmaker to consolidate earnings from JSW into the Japanese company's balance s

Wipro, Godrej, Dabur May Bid For Reckitt India Unit

FMCG majors Wipro, Godrej and Dabur may participate in an auction process initiated by global consumer healthcare giant Reckitt Benckiser for the sale of its personal care products division in India, which it acquired as part of the acquisition of Pa

India: Will Not Join Rich Men's OECD For Now

India has decided against becoming a member of the Organisation for Economic Cooperation and Development (OECD) for now, but it is talking to the Paris-based body for expanding sectoral engagement.

Net-Worth Criterion: New Banks May Need Rs 1000 Crore

The Reserve Bank of India (RBI) is set to release the draft licencing norms for new private banks in the next few days, with wide-ranging conditions that would include a minimum net worth of Rs 1,000 crore for companies to be eligible to set up banks

India Can Have Third Largest GDP By 2025: PM

India could have the world's third largest GDP by 2025 if the country maintained its present growth rate, Prime Minister Manmohan Singh said on Monday while conceding that the target of 9% growth for the next five years was "very ambitious&