Bank of Baroda, Bank of India set to raise Rs2000 cr each, Corporationn Rs1500 cr DNA India | Mumbai: Public sector banks are in the process of planning their capital requirements for the next financial year to meet their expansion plans. Bank of Baroda and Bank of India are planning to raise Rs 2,000 crore each, while Corporation Bank is targeting Rs 1,500 crore in the coming fiscal. | Th...
HSBC Equity falls short of expectations The Times Of India The largest scheme from the HSBC basket, HSBC Equity Fund manages an average asset base of about Rs 1,377 crore. Launched in December 2002, the scheme is not only the oldest but also one of the most popular schemes from HSBC. Having run high on the popularity charts of the overall mutual fund (MF) i...
Air India to lose Rs 5.400 cr in 2009-10: Patel IBN Live New Delhi: National carrier Air India is expected to incur losses of around $1.8 billion (Rs.5,400 crore) this fiscal and the trend is likely to continue for a few more years, Civil Aviation Minister Praful Patel said Tuesday. | "The trend of losses ...
Air India to lose around Rs.5,400 crore in 2009-10 The Siasat Daily | New Delhi, March 09: National carrier Air India is expected to incur losses of around $1.8 billion (Rs.5,400 crore) this fiscal and the trend is likely to continue for a few more years, Civil Aviation Minister Praful Patel said on Tuesday. | "The t...
Govt OKs Rs 800cr fresh equity infusion into Air India The Times Of India NEW DELHI: Beleaguered national carrier Air India will get equity infusion of Rs 800 crore ($160 million) in two installments to tide over its cash flow problem and to finance fleet acquisition plans. | A meeting of the Cabinet Committee on Economic ...
Air India to lose Rs 5,400cr in 2009-10, says Praful Patel The Times Of India NEW DELHI: National carrier Air India is expected to incur losses of around $1.8 billion (Rs.5,400 crore) this fiscal and the trend is likely to continue for a few more years, civil aviation minister Praful Patel said on Tuesday. | "The trend of loss...
AP / Rajanish Kakade
Indian market will absorb record borrowing: Montek Deccan Herald New Delhi, Feb 27, Reuters | India’s market will be able to absorb record government borrowing announced in the budget, Planning Commission Deputy Chairman Montek Singh Ahluwalia s...
Sensex breaks free after budget, gains 237 points in week The Siasat Daily | Mumbai, February 27: Indian stock markets, which were in stasis for much of this week, reacted positively to the budget, with a benchmark index breaking free to close 237 points ...
India Budget: Pay Fewer Taxes, But Key Prices Will Rise Wall Street Journal By SHEFALI ANAND | The good news from the budget: next year, you will have to pay less in taxes. | Shefali Anand | The bad news: Some big-ticket items that you might be planning to...
Tuesday, March 09, 2010 By Mosharraf Zaidi The News International Like the achingly beautiful brunette bombshell that every man wants but no man has the courage to approach, it seems the finance minister's job has become a victim of its own grandness. There are many ways to interpret the desperate difficulty that t...
Bank of Baroda, Bank of India set to raise Rs2000 cr each, Corporationn Rs1500 cr DNA India | Mumbai: Public sector banks are in the process of planning their capital requirements for the next financial year to meet their expansion plans. Bank of Baroda and Bank of India are planning to raise Rs 2,000 crore each, while Corporation Bank is t...
No coherent revival plan for Air India The Times Of India Like most government initiatives, the Rescue Air India operation is full of good intentions, but lacks the radical punch necessary to put the national carrier on a planned flight path. | In theory, infusion of additional equity and induction of indep...
Broadband in every Indian village soon The Siasat Daily | New Delhi, March 10: India is charting a grand scheme targeting its rural outback to reach telecom and broadband services to each of its 626,000 villages, using funds to the tune of $3.5 billion lying unutilised in a dedicated fund. | Outlining the contours of this ambitious programme, Minister of State for Communications and IT Sachin Pilot told...
