Friday, November 25, 2011

Anil Ambani, others bid for HUL property

Anil Ambani, others bid for HUL property


Anil Ambani, others bid for HUL property

Posted: 25 Nov 2011 03:37 PM PST

The property market in the city may have slowed down tremendously, but there is no let-up in developers' interest in prime property.


CCI will be vigilant after FDI in retail

Posted: 25 Nov 2011 03:31 PM PST

The Competition Commission of India (CCI) has says it is committed to discharging its legal mandate on any anti-competitive behaviour by potential entrants arising from the government's decision to raise the FDI limit to 51% in multi-brand and 100% in single brand retail.


Insurance can draw more capital than retail

Posted: 25 Nov 2011 03:17 PM PST

Liberalization of foreign investment in insurance, which has been hanging fire for several years, has the potential to draw in more capital immediately than relaxation of foreign direct investment in retail.


DIPP raises alarm over desi airlines’ survival

Posted: 25 Nov 2011 03:15 PM PST

The department of industrial policy and promotion (DIPP) has said that unless foreign airlines are allowed to invest in desi ones, many cash-strapped domestic carriers may shut down.


Walmart may not operate under its brand name

Posted: 25 Nov 2011 02:26 PM PST

The world's largest retailer Wal-Mart Stores Inc is unlikely to sport the eponymous 'Walmart' brand as it prepares to enter India's retail market, said a top executive from its local joint venture partner Bharti Enterprises.


Govt in talks with RBI on Air India: Ravi

Posted: 25 Nov 2011 06:42 AM PST

The government is in talks with the apex bank on providing relief to the cash-strapped national carrier Air India, civil aviation minister Vayalar Ravi said on Thursday.


Bharti, RIL end talks on insurance JVs deal

Posted: 25 Nov 2011 06:22 AM PST

Reliance Industries has mutually agreed to end negotiations with Bharti Enterprises to buy its stakes in two insurance joint ventures with France's AXA, the two companies said on Friday.


Rupee falls by 19 paise Vs dollar

Posted: 25 Nov 2011 06:15 AM PST

The rupee on Friday weakened by 19 paise to close at 52.25/26 against the dollar following fresh demand for the US currency from importers and weak equity markets.


Sensex ends 163 points down

Posted: 25 Nov 2011 06:13 AM PST

Global economic turmoil, particularly the debt crisis in Europe, weighed heavy on investors at Indian equities markets as a benchmark index wiped the previous session's gains and closed 163 points lower on Friday.


Shares in retailers rally after FDI nod

Posted: 24 Nov 2011 10:16 PM PST

Shares in retailers jumped on Friday after the government moved to open up the supermarket sector to global giants, a decision seen prompting a flurry of investments and tie-up opportunities for local players.


Cabinet nod on FDI an important step: WalMart

Posted: 24 Nov 2011 09:33 PM PST

The world's largest retailer Walmart has termed India's decision to allow 51 per cent FDI in multi-brand retail as a "first important step" and said it will study the finer details of the new policy to determine the impact on its ability to do business in India.


No comments:

Post a Comment