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The Business Blog

The Business Blog

The Business Blog is a daily business blog anchored by Firstpost senior editors. It will offer quick comments and insights into major business news developments from the pink press.

Oct 27, 2012

Sahara Group is pushing the envelope on SC orders

A Sebi ad warns Sahara group investors from falling victim to the group's overtures to switch the money to other schemes #OFCDs #Sahara Capers #SEBI #SHIC #SIREC

Oct 24, 2012

Sahara has another Rs 100 cr bill coming from Sebi

The Sahara group will have to foot large bills incurred in the process of refunding Rs 24,000 crore to investors in its OFCDs #Sahara Capers #SC judgment #SEBI #Subrata Roy

Oct 19, 2012

A first: TCI suit against CIL becomes a mass tort claim

A UK hedge fund has been allowed to convert its case against Coal India into something akin to a class action suit. #Class Action Suit #coal india #Corporate governance #TCI

Oct 17, 2012

Airport fee abolition will end a scam, not lower airfares

The Civil Aviation ministry's order to abolish airport development fees is unlikely to bring down fares. It is intended to meet a CAG objection #Airport Fees #CAG #Delhi Airport #DIAL #MIAL #ToWhatEffect

Oct 16, 2012

Son-downer: Alagiri says no to UPA’s urea price reform

The DMK minister in the cabinet, MK Alagiri, has blackballed the proposal to hike urea prices to bring down subsidies #Fertiliser Subsidy #MK Alagiri #Subsidies

Oct 10, 2012

Despite Shome report, Voda may not be off the hook

Vodafone can rest easy if there is no retrospective taxation. But it can't count its chickens just yet #Retrospective Tax #The Tax Axe #Vodafone Judgment

Sep 28, 2012

Fiscal gap: Govt bluffs again, but no one is fooled

Why does the government go on pretending the fiscal deficit is under control when it isn't? #fiscal deficit #Govt Borrowings #Numbers #Vijay Kelkar

Sep 24, 2012

Chidu winks, Subbu smiles: Odds on rate cut improve

On 30 October, the odds are more than even that Duvvuri Subbarao will oblige the finance minister with a rate cut. #D. Subbarao #Monetary policy #P. Chidambaram #ToWhatEffect

Sep 19, 2012

Run, Chidu, run: Only weeks left to rake in the moolah

If UPA wants to give away some goodies in the 2012-13 budget, Chidambaram has just six weeks to fix his budget this year. And disinvestment is the key. #Disinvestment #fiscal deficit #Mamata Banerjee #P. Chidambaram #SUUTI #UPA

Sep 18, 2012

Who gains, who loses from the RBI’s policy moves

The RBI's CRR cut brings in more gainers than losers. But savers surely have reason to be unhappy. #Easy Money #RBI CRR Cut