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All Business News
All Business
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Govt awaits CLB nod on nominated directors
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Indian Express
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Sun 05 Jul, 02:14 AM
The ministry of corporate affairs has moved an application in the Company Law Board (CLB) to recall its nominated directors from the board of Mahindra Satyam. The CLB is expected to pass an order on Monday. Corporate affairs minister Salman Khurshid...
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Banks slash rates as net interest income rise 26%
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Indian Express
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Sun 05 Jul, 02:14 AM
Even as Reserve Bank of India has restrained from tinkering with benchmark rates off late some of the leading banks have announced rate cuts. For, there has been a significant growth in net interest income (NII) during 2008-09 which is putting the...
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Satyam: after the shock, it's time for makeover
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Indian Express
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Sun 05 Jul, 02:14 AM
When the Satyam scandal rocked the nation, not many believed that the IT major would be back in news for the right reasons. Six months on, with Tech Mahindra in the saddle, the scenario is well changing for the company. The past few months have been...
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This club may not be exquisite but is indeed expensive
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Indian Express
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Sun 05 Jul, 02:13 AM
I earn income, I pay taxes - logical, you earn income, I pay taxes - not so logical. That s exactly what the taxman mandates by the so-called Clubbing provisions. It is perceived by the taxman that there is a tendency amongst taxpayers in higher tax...
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'Investors in the country are looking for independence'
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Indian Express
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Sun 05 Jul, 02:13 AM
Hrishikesh Parandekar ,CEO, Karvy Private Wealth spoke with Abhay Rao of the Financial Express about the wealth management business, the industry in India, what the rich want and what is needed to boost this advisory segment. Excerpts: and#149;Why...
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The simple, sensible route to create wealth
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Indian Express
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Sun 05 Jul, 02:13 AM
Getting rich through sensible mutual fund investments is very much plausible. Here, I would like to stress on the word sensible . However, most investors fail to create wealth by not being adequately sensible with their fund investments. In the...
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