Securities and Exchange Board of India (SEBI) will ask tax authorities to consider incentives for real estate investment trusts, SEBI chairman UK Sinha said on Monday.
The company said on Saturday its net profit in the September quarter rose an annual 13.2 percent to Rs 914 crore. Analysts had on average estimated a net profit of Rs 870 crore.<br /><br />
Despite all the government efforts to curb demand for gold, the yellow metal will not lose its sheen in India, Somasundaram PR, Managing Director, India, World Gold Council, told Firstpost.
Indian equity markets are poised to hit new highs on hopes that the economy had bottomed out and growth would revive in the coming quarter on the back of a good monsoon and positive global cues, especially delayed tapering of stimulus by US Federal Reserve.<br /><br />
What you should know before the Indian market opens.
The petroleum ministry blames the drop in production on RIL not drilling the committed quota of wells.
Currently, gold prices are ruling at Rs 32,570 in the national capital and around Rs 31,700 in Mumbai, trade data showed.
With regard to some applicants, RBI has also sought to know details about source of funds and compliance to the structural norms proposed for new banking players.
The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on rival Nasdaq.
The week gone by was marked by listless activity with the Nifty and the Sensex doing nothing much. Profit booking was apparent in the stocks from the technology and pharma sectors.
The fact that prices have not fallen shows that buyers still have strength and taking out the sellers.
NSEL brass to face full might of Indian criminal law, dozens of charges ?to be filed; asset seizures by ED in 180 days.
Idea is much smaller than Bharti in revenue terms, but both mobile carriers operate on the GSM technology and have similar kinds of subscribers.
The BSE Sensex opened at 20680, down 46 pts, or 0.21 percent; while the Nifty opened at 6144, down 20 points, or 0.32 percent.
A list of the number of shares owned by some of the people and investment firms that will benefit most from the offering
Twitter is seeking a maximum valuation of $10.9 billion in its Wall Street debut, more modest than the $15 billion that some analysts had expected for the social media phenomenon.
The only detail a customer has to give at the bank branch will be his/her fingerprint impression, Nilekani said.
If you have an Aadhaar card, you can now use the new e-KYC facility launched by the bank to open a new account.
Investing abroad through mutual funds that run global schemes or directly into global equities is an option. However the INR at Rs 61 levels is down close to 25% over the last two years and may not really fall much further from hereon. If INR actually appreciates, you could lose out on the gains earned in foreign equities.<br /><br />
Ideally, most would say the one with the lower NAV would work better. After all the lower the NAV, the larger the number of units you get, isn't it?
Indian equity markets gave up all its gains to close in the red on profit booking by investors. Experts believe global liquidity that is driving the market towards its record high, but the Nifty may see sharp correction after hitting 6300 level.
He has been called India's Warren Buffett, but Rakesh Jhunjhunwala has written his own rules of investing which do not always involve going by the Buffett rule-book.<br /><br />
IRDA has asked insurance companies to put in place a board approved underwriting policies with respect with life insurance for people living with HIV/ AIDS. The underwriting policy is to cover clear guidelines on life insurance with people living with HIV/AIDS (PLHA).
Indian equity markets ended in red today as blue chips such as Tata Motors and software services exporters fell on profit-taking after indexes this week hit their highest in nearly three years.<br /><br />
With sale of gold coins down 70 percent this Diwali, those in the dry fruit business and chocolate makers are minting money this Diwali.<br /><br />
The BSE Sensex fell around 200 points while the broader Nifty was down 60 points on Wednesday, led by declines in IT shares.<br /><br />