Businesswrap
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Govt accepts meeting fiscal targets tough; corporate India up in arms
Fp Staff •The farce over the retail FDI issue has all corporate bodies up in arms on the lack of political will on reforms.
Indian equities struggle, so do state-run telecom cos
Fp Staff •Though fund managers are slowly turning positive about valuations of Indian equities, they are still not ready to bet on it.
Rupee arrests fall but stock markets may see worse
Fp Staff •Indian markets and most of the mainline shares are trading near their year -low levels today. However, certain sector and companies continue to do well.
DoT asks operators to stop 3G roaming. Who are the gainers?
Fp Staff •Not everyone is complaining about the Department of Telecom's (DoT) decision to ask telecom operators to stop their 3G roaming pact with immediate effect.
Bajaj Auto launches RE 60; Network 18 buys stake in ETV
Fp Staff •In the process, the Network 18 group will become debt-free with Rs 1700 cr coming in from Reliance Industries.
Rupee continues its sluggish journey
Fp Staff •The rupee stayed weak on Thursday due to a sluggish local share market along with subdued global risk appetite.
Govt announces 15,000 crore borrowing plan
Fp Staff •And for the first time in several years, the two estranged brothers Mukesh and Anil Ambani will be seen together as they reach Chorwad for their father's 80th birth anniversary.
Food inflation falls sharply but all not well yet
Fp Staff •The year started with a bang and ended with less than a whimper. That is true for the Indian economy as well as for the real estate business in India.
India Inc gets ready for new faces
Fp Staff •But domestic reforms will determine the pace of foreign flows which are crucial for markets to move higher next year.
Wrap up: Decoding Food Security Bill, pangs for Wockhardt
Bose •Worries over Food Security Bill continue while RIL is not having a great time with coal methane project.