Apr 15, 2014 at 13:34 | Source: CNBC-TV18
The open offer has been priced at Rs 3030 per share, which is a 22.5% premium to the price at which Diageo last acquired USL shares on 31st January 2014, and a 20% premium to the 60 day VWAP for USL.
Feb 11, 2014 at 15:49 | Source: PTI
Quadricycles are viewed by stakeholders as being safer than 3-wheelers (autorikshaws). They have fully enclosed structure with hard top and doors, although their maximum speed and engine capacity are lower than a small car.
Jan 01, 2014 at 16:53 | Source: PTI
At present, there is a complete ban on any kind of foreign direct investment (FDI) in the railways sector except mass rapid transport systems. According to the proposal, foreign investment would also be allowed in "sub-urban corridor, high speed train systems and dedicated freight line projects implemented in PPP mode " the official said.
Dec 29, 2013 at 11:20 | Source: PTI
A year after the government changed its policy to allow foreign airlines pick up stake in Indian carriers, tangible results in the form of the Jet-Etihad deal, AirAsia India and Tata-Singapore Airlines joint ventures, were seen in 2013 which are expected to bloom next year.
Dec 27, 2013 at 15:58 | Source: Moneycontrol.com
Considering the overall inflation and the position in the economy the amount that is provided as an exemption from taxation for several of these allowances is so small that it does not have even a tangible impact on the overall tax amount that has to be paid by the individual.
Aug 22, 2013 at 20:36 | Source: CNBC-TV18
The mining industry gave its thumbs up to the intent, but also felt that it should have been done earlier. PK Mukherjee, CEO of Sesa Goa says that mined out ores have been piling up and it must be allowed to be sold, transported or exported.
Jul 30, 2013 at 09:41 | Source: Reuters
Etihad had first agreed in April to buy a 24 percent stake in Jet in the first such deal since the Indian government allowed foreign airlines to own up to 49 percent of Indian carriers last September.
Jul 17, 2013 at 18:31 | Source: PTI
Imagine a future where vehicles can 'talk' in real time! Researchers are working on an intelligent transportation system where vehicles communicate with each other, warning about traffic delays, allowing a single driver to control multiple vehicles and routing vehicles around hazardous road conditions.
Jul 15, 2013 at 16:40 | Source: Moneycontrol.com
SpiceJet reiterated that few investors have evinced interest in the Company post Government of India allowing FDI in civil aviation sector to foreign airlines, it will be very pre-mature to comment on the possibilities of any fresh equity issuance to such interested parties or confirm/ deny names of any specific entity.
Jul 12, 2013 at 14:21 | Source: Moneycontrol.com
Emkay Global Financial Services has come out with its report on banking & financial services. According to the research firm, the RBI has allowed NBFC-AFCs to raise funds via the ECB under the automatic route, with a minimum average maturity period of 5 years to finance the import of infrastructure equipment for leasing to infrastructure projects.