Sourav Majumdar
Read biographySourav Majumdar has been a financial journalist for over 18 years. He has worked with leading business newspapers and covered the corporate sector and financial markets. He is based in Mumbai.
Close-
Inflation a worry, RBI may still oblige FM with 25 bps rate cut
As the mandarins on Mint Road get ready for another huddle next week, when the Reserve Bank of India (RBI) sits to review its monetary policy, the conflicting signals emanating from the economy have made the central bank’s task tougher than usual. The first policy review to come up after Finance #Duvvuri Subbarao #Inflation #InMyOpinion #Palaniappan Chidambaram #RBI
-
How PVR’s Ajay Bijli became the king of multiplexes
For someone who runs a company which is in the ‘business of happiness’, 45-year-old Ajay Bijli confesses to taking things far too seriously than he should. “I need to enjoy the work a bit more. I have to learn that art. I am just taking things too seriously,” says Bijli #Ajay Bijli #Cinemax #Film Industry #Frontrunner #multiplex #PVR Cinemas
-
Boring Budget 2013: Why Chidu wasted his tryst with destiny
Finance minister Palaniappan Chidambaram has become a victim of his own image and track record this time round. A budget that would been hailed as very good if delivered by his predecessor, has now sent the markets into a sulk for not being Big Bang enough. It would have been #corporate tax #Dividends #Income Taxes #P. Chidambaram #STT #Union Budget 2013
-
Undoing the past: FM winks to give angels wings this Budget
The super rich may be sulking, the markets may be miffed and cigarette smokers may be muttering under their breath, but there are some segments which would be pretty satisfied with what Finance Minister Palaniappan Chidambaram has done in Budget2013. Micro, small and medium enterprises (MSMEs), startups and angel investors #Angel Investors #Budget2013 #Chidambaram #MSME
-
Chidambaram has queered his own pitch by building up expectations
Chidambaram built-up such great expectations with his pre-budget talk, that the markets were bound to be disappointed with the lack of drama. There was simply no big-bang
-
If there was ever a need for a Big Bang Budget, it is now
Pawan Goenka, President of the Automotive and Farm Equipment Sectors at Mahindra & Mahindra feels that while Budget 2013 will be a tightrope walk for finance minister Palaniappan Chidambaram, if there was ever a need for a Big Bang Budget, this would be the year. In a detailed interaction on pre-Budget #Budget2013 #budget2013-videos #Chidambaram #Direct Tax Clode #Mahindra and Mahindra #Pawan Goenka
-
India Inc sees higher limits on tax-saving investments in Budget
A survey of 300 of the country’s leading corporate houses has shown that India Inc does expect Budget 2013 to come up with a kind of Super Tax for the exceptionally high earning income group to garner revenues. Finance Minister Palaniappan Chidambaram had recently kicked off a debate on taxing the #Budget Expectations #Budget2013 #Grant Thornton #India Inc #Super tax #tax-saving
-
No shock, some awe required in Budget 2013: Romesh Sobti
Romesh Sobti, the Managing Director and CEO of private sector lender IndusInd Bank feels the forthcoming Union Budget would be successful if it was a ‘no shock, some awe’ one, where nothing was done to reverse the efforts being made by the government of late to bring the growth momentum #Budget2013 #budget2013-videos #Chidambaram #fiscal deficit #Growth
-
Widen tax base, don’t raise taxes in Budget 2013, says Keki Mistry
Keki Mistry, Vice-Chairman and CEO of India’s biggest mortgage lender Housing Development Finance Corporation (HDFC), has said he expects the government’s target of keeping the fiscal deficit within 5.3 percent of GDP to be met in Budget 2013, due on 28 February. Outlining his expectations from the forthcoming Union Budget for #Budget2013 #budget2013-videos #HDFC #Keki Mistry #tax rates
-
Incentivise other investment avenues to reduce gold demand, says Mariwala
Marico Ltd chairman and managing director and former Ficci president Harsh Mariwala feels the Budget would do well to provide incentives to some avenues for investment so that surplus monies are not increasingly invested in gold, leading to a further ballooning of the current account deficit (CAD). In a pre-Budget interview #Budget2013 #budget2013-videos #CAD #fiscal deficit #Gold #Harsh Mariwala #P. Chidambaram