The Real Estate Bill will prevent unorganised developers from entering the sector, says Pradeep Jain of Parsvnath Developers.
Reserve Bank of India Governor D Subbarao says collection of deposits outside the banking space should be minimised and finally eliminated.
Without an overhaul of Japan's bureaucracy and its agricultural, industrial and labor policies, economists say Abenomics is bound to provide only a temporary boost to growth while vastly increasing the country's public debt burden.
Arvind's fourth quarter consolidated net profit increased 13 percent to Rs 76 crore against Rs 67 crore, a year ago. Its consolidated total income was up 10 percent at Rs 1,406 crore as against Rs 1,278 crore, year-on-year.
The red herring prospectus say that Amitabh Bachchan was allotted 62794 shares at a price of Rs 10 in January 2011. His investment cost was Rs 6.27 lakhs.
China's Purchasing Managers' Index for the services industry released on Wednesday inched to 51.2 for May- its second lowest reading since August 2011.
The PIL is seeking prosecution of all Ranbaxy directors and sealing of its manufacturing units at Paonta Sahib and Devas.
The Bill envisages to bring forth a higher level of transparency and accountability from the developer community. It will protect end user's interest.
Realty giant Emaar MGF has been accused misusing overseas funds to thousands of acres of agricultultural land in violation of Foreign Exchange Management Act.
India plans to raise caps on foreign direct investment in sectors including defence, Chief Economic Adviser Raghuram Rajan said on Tuesday.
A group of ministers (GoM) looking into the revival strategy for BSNL and MTNL, is scheduled to meet on June 11. "It's (GoM) scheduled for June 11," official sources told PTI.
The Cabinet on Tuesday cleared setting up mobile towers at cost of around Rs 3,046 crore in nine states affected by Naxal violence to improve communication.
In the first significant reshuffle after recalling founder NR Narayan Murthy, Infosys on Tuesday replaced its subsidiary Lodestone's chairman BG Srinivas with V Balakrishnan, its former chief financial officer.
The government on Tuesday approved a proposal for permitting the management of central public service enterprises (CPSEs) to initiate wage negotiations for their employees.
The government on Tuesday approved implementing AICTE 2010 norms with regard to pay scale and service conditions at National Power Training Institute (NPTI).
The Cabinet approved the Real Estate (Regulation and Development) Bill. It provides for setting up a regulator for the realty sector and having provisions like a jail term of up to three years for developers who make offences like putting up misleading advertisements about projects repeatedly.
Former chairmen of the CBDT MC Joshi and R Prasad highlight, in an interview to CNBC-TV18, that the government will have to table the Vodafone settlement in Parliament if the conciliation involves waiving off the interest payable.
Sanofi‘s Senior Advocate And Lead Counsel Porus Kaka hopes that Vodafone conciliation would pave way for many such companies which are stuck under the retrospective amendment of I-T Act
The Cabinet on Tuesday deferred a decision on proposal to divest 5 percent stake in Neyveli Lignite Corp to raise up to Rs 6,000 crore.
Morgan Stanley pegs the Sensex target at 23,000 by December. Bullish on India, it said the economy will grow at 6 percent in the current fiscal.
Government today approved a proposal for setting up of the Central Institute of Hotel Management, Catering Technology and Applied Nutrition at Jagdishpur in Sultanpur district in UP.
Experts point that how the Vodafone conciliation shapes up and whether government agrees to waive of interest and the penalty related to tax liablity would be more crucial.
State-owned Bank of Baroda on Tuesday launched a new home loan product with a uniform rate of interest at 10.25%, which is also the base rate. However, many other banks including SBI, ICICI Bank and couple of foreign banks offer lower rates.
Vodafone will wait to hear from the government in writing and then could have to take a decision as to whether they will go ahead with this or do they consider something else
The Cabinet on Tuesday cleared the Real Estate Regulator Bill, but did not take up the Food Security Bill, saying it will be discussed on Friday.