Business

There is No Such Thing As Bad Leadership

India's Sweet Tooth

India, the world's biggest sugar consumer, will become a net importer by 2012.

House Panel May Suggest 26 Per Cent Pension FDI

Though the finance ministry has declined to specify a ceiling for foreign direct investment (FDI) in the pension reforms Bill, the Parliamentary Standing Committee on Finance is likely to suggest a cap of 26 per cent FDI in pension funds in line with

Sharma for Mandatory Green Investment

The department of industrial policy and promotion, under the commerce and industry ministry, has proposed that corporate entities should mandatorily invest five per cent of their investment in improving the local environment in lieu of relaxed enviro

RBI Puts 51.8% Forex Assets in US Treasuries

The RBI in its latest report on its investment pattern and earnings of the foreign currency assets has said that out of the total foreign currency assets of $ 274.3 billion it had invested $ 142.1 billion in securities and $ 126.9 billion was deposit

FIIs On Pause Mode Amid Uncertainties

The volatile political situation, combined with deteriorating economic factors, has forced most foreign fund managers to hold back their decision to buy Indian stocks even as some FIIs continue to take money out of the stock markets.

Minority Shareholders Concerned About Government Terms on Cairn-Vedanta Deal

Minority shareholders of Cairn India used the occasion of the company's annual general meeting, on Thursday, to express deep skepticism about the final terms of the $6.4-billion transaction for which it is being acquired by mining giant, Vedanta

PepsiCo to Go in For Dispersed Production

PepsiCo India will set up multiple manufacturing facilities across the country to bring in cost efficiencies in its bid to tap the mass market. The game plan is to have at least two-three such facilities in each state.

Future Group to Invest Rs 900 Crore For Expansion

Expanding Economy Pushes Tax-GDP Ratio to 7-Year Low

The combined ratio of tax to gross domestic product (GDP) of the central and state governments fell to a seven-year low of 14.73 per cent in 2010-11. Experts attributed it to larger expansion in the size of the economy, which is delivering a lower ra