September 24, 2014 19:31 (IST)
Sarda Energy & Minerals said the decision will set them back by around Rs 100 crore annually. Sarda's mine has been operational since 2008-09.
September 24, 2014 08:46 (IST)
Angel investor Rehan Yar Khan is very optimistic about the e-commerce space in India and expects more interest from global investors, particularly from those who made gains from the Alibaba IPO.
September 22, 2014 17:23 (IST)
The government of India currently holds 58.87 per cent stake in PNB. Speaking to NDTV, KR Kamath, chairman and managing director at Punjab National Bank, said, "We are approaching the government to reduce the shareholding to 51 per cent or 52 per cent, whichever the government deems correct."
September 03, 2014 14:39 (IST)
Mr Damania says public sector banks like State Bank of India, Union Bank of India and Bank of India are going to do better after the recent correction in these stocks. He thinks the new guidelines for recognition of restructured assets will help these banks to reduce their provisioning.
August 28, 2014 11:31 (IST)
JSPL says mining has not stopped at the moment. They are waiting for the judgement to be done on September 1 and right now the things continue as they were.
August 27, 2014 14:18 (IST)
Mr Puri says India's economy has already bottomed out and the new government is moving in the right direction. Bureaucrats have started working and accountability is being brought in.
August 26, 2014 14:16 (IST)
The Supreme Court on Monday said the entire allocation of coal blocks as recommended by the Screening Committee and the allocations made through the Government Dispensation Route from 1993 were illegal and arbitrary.
August 25, 2014 10:04 (IST)
Angel investor Rehan Yar Khan has been at the forefront of investing in Indian tech start-ups, finding big success with firms like Druva Software and Olacabs.
August 20, 2014 15:57 (IST)
Creyate.com, which is already operational, "will bring custom clothing to the online world. It means that customers from their laptops can create and visualise their own clothes before ordering," said Kulin Lalbhai, executive director at Arvind Ltd.
August 15, 2014 13:48 (IST)
Aloke Kumar Banerjee, director-finance at ONGC, told NDTV Profit that it is just coincidence that the oil & gas major saw higher exploration write-offs during the first quarter.
July 29, 2014 10:07 (IST)
If interest rate in the US rises, then the Reserve Bank will find it difficult to cut rates because the rate differential between the two countries will reduce, which may result in some money flowing out of India's bond and equity markets.
July 25, 2014 17:41 (IST)
Hitesh Shah of IDFC Securities says despite its size TCS, remains the fastest growing IT services company in the offshore space and to that extent the premium valuation of TCS is justified.
July 22, 2014 17:38 (IST)
The Indian rupee touched an all-time low of 68.85 in August last year and since then it has recovered to 60 levels. But forex expert AV Rajwade is of the view that rupee should depreciate to 70 per dollar to spur export-driven growth in India.
July 22, 2014 08:21 (IST)
Phase two is the best time to step in and buy some good quality business, said Mr Damani. He is specifically bullish on logistics and media space.
July 19, 2014 11:58 (IST)
According to Mr Bose, the Nifty is likely to see selling pressure in the range between 7,689 and 7,710. The 7,600 strike put option of Nifty has added 1.2 million shares in open interest and the 7,700 strike call in Nifty has seen 1.04 million open interest getting added, which suggests that traders are not expecting Nifty to go above 7,700 and fall below 7,600, he added.
July 19, 2014 11:58 (IST)
Investment bank Ambit Capital believes that India is at the beginning of a "fourth wave" of economic growth and investors in the initial years could gain handsomely.
July 14, 2014 18:38 (IST)
Sunil Singhania, CIO of equity investments at Reliance Mutual Fund, expects more specific measures to be announced going forward from the Modi government.
July 07, 2014 16:53 (IST)
Retrospective tax demands slapped on multi-national giants like Vodafone, Nokia, Shell, etc. have deterred investors from looking at India as a favourable destination.
July 05, 2014 13:21 (IST)
Manufacturing contributed 15 per cent to India's GDP in 2011-12, but declined to 13 per cent by 2013-14. The sharp slowdown in the sector led former Finance Minister P Chidambaram to describe manufacturing as the "Achilles' Heel of the Indian economy".
July 05, 2014 12:31 (IST)
Market veteran Ajay Bagga says Finance Minister Arun Jaitley has to look for "innovative" solutions in the budget to raise resources given the "very poor" state of the government finances and the limited room to cut subsidies.