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Livemint



Govt may ease foreign entry in MF schemes - Livemint
Tapping Europe and the US will be a bit difficult due to stringent registration processes with their respective regulators,” said the India-business CEO of a Scandinavian fund house who did not want to be identified. The aggregate investments by QFIs ...
November 21, 2011


BSE plans incentive for brokers who get clients to trade in derivatives - Livemint
Both officials at the 134-year-old bourse declined to be named because the scheme has not been made public yet. The exchange, Asia's oldest, is also likely to tweak the recently launched incentive scheme for market makers to ensure consistent volumes ...
November 20, 2011


2G scam | CBI to quiz Bharti, Vodafone officials - Livemint
Their presence is required to verify facts and documents seized during the raids, said a second CBI official, who also declined to be named. “We have already questioned Ghosh and Gupta during the preliminary inquiry. If required, the agency will ...
November 20, 2011


Decline in gas supplies makes power utilities reconsider plans - Livemint
He refused to be named. The current production of natural gas cannot meet the requirements of the upcoming 8000-10000MW gas-fired power generation plants, which have an investment value of `35000-40000 crore and are expected to come on stream over the ...
November 17, 2011


Decline in gas supplies makes power utilities reconsider plans - Livemint
He refused to be named. The current production of natural gas cannot meet the requirements of the upcoming 8000-10000MW gas-fired power generation plants, which have an investment value of Rs 35000-40000 crore and are expected to come on stream over ...
November 17, 2011


India may get full membership of SCO next year, says Shinde - Livemint
“We have applied for full membership of the SCO and the application has been under consideration for a while,” said an official close to development, who didn't want to be named. “I think it is far-fetched to say India will become an SCO member by June ...
November 16, 2011


Maruti to develop its own SUV, display concept at Auto Expo - Livemint
“The segment has grown significantly in the past few years and we want to have a presence there,” said the executive, who did not want to be identified. “It will take at least two years for the model to be production-ready. The details regarding engine ...
November 15, 2011


Maruti to develop its own SUV, display concept at Auto Expo - Livemint
“The segment has grown significantly in the past few years and we want to have a presence there,” said the executive, who did not want to be identified. “It will take at least two years for the model to be production-ready. The details regarding engine ...
November 15, 2011


2G loss was lower, says former CAG official - Livemint
Both the individuals refused to be named as they are not authorized to speak to the media. Opposition members on the panel maintained that it was Singh who had earlier explained to the Public Accounts Committee (PAC), a parliamentary oversight body ...
November 14, 2011


The new role of states - Livemint
From his tone it was apparent that if he were given the requisite funds he will make sure that Bihar leaves the batch of least developed states,” said a senior Planning Commission official who did not wish to be identified. ...
November 14, 2011


Govt lifeline likely for Kingfisher - Livemint
... a move that could potentially throw a lifeline to the cash-strapped Kingfisher Airlines Ltd. According to a person familiar with the developments who did not want to be identified, the preliminary discussions between the civil aviation ministry, ...
November 11, 2011


CIL to set aside `750 cr every quarter - Livemint
The annual provision of `3000 crore that CIL's board has currently approved indicates the firm is bracing for a minimum 20% pay hike for its 360000 workers, said company officials who declined to be named. CIL paid its non-executive workers around ...
November 11, 2011


Sale to unit may add to RIL's troubles - Livemint
said an HPCL executive, who did not want to be identified. In a communication dated 24 October to the petroleum ministry, and reviewed by Mint, DGH states: “The pricing and sale of condensate is approved by the government of India as required under ...
November 10, 2011


AIG Global Real Estate to realign India assets - Livemint
Its India fund is managed by Indiareit Fund Advisors Pvt. Ltd. “The exits were made at marginally more than the entry price,” said a person familiar with the development, who did not want to be identified. “Restructuring portfolio and taking a call on ...
November 10, 2011


Maharashtra mulls options to get Navi Mumbai airport off the ground - Livemint
This person, who did not want to be identified, said the state government is examining every option including City and Industrial Development Corp. of Maharashtra Ltd, or Cidco itself investing in and developing the project. ...
November 10, 2011


Deft politics by TMC, Congress pre-empts Left - Livemint
A Communist Party of India (Marxist), or CPM, politburo member, who did not want to be identified, admitted as much. “It was a smart political move from the TMC and the UDF in Kerala, which has left us with not much to do in taking up the issue of the ...
November 10, 2011


Maharashtra mulls options to get Navi Mumbai airport off the ground - Livemint
This person, who did not want to be identified, said the state government is examining every option including City and Industrial Development Corp. of Maharashtra Ltd, or Cidco itself investing in and developing the project. ...
November 10, 2011


Deft politics by TMC, Congress pre-empts Left - Livemint
A Communist Party of India (Marxist), or CPM, politburo member, who did not want to be identified, admitted as much. “It was a smart political move from the TMC and the UDF in Kerala, which has left us with not much to do in taking up the issue of the ...
November 10, 2011


TMC backs down on pullout threat - Livemint
And he also indicated that there would be decontrolling of more prices,” said the person, who did not want to be identified. Voicing concerns: West Bengal chief minister Mamata Banerjee. Photo: PTI A day after state-owned oil companies increased petrol ...
November 8, 2011


DGCA to pull up Kingfisher for cancellations - Livemint
A Kingfisher official, who asked not to be identified, said the airline was trying to conserve cash given the tough conditions, including a shortage of spare parts. Fuel constitutes 40% of the operating cost of an airline in the country and fuel prices ...
November 8, 2011


As petrol gets dearer, so do used diesel cars - Livemint
A sales executive at another Delhi-based franchisee of the firm, who asked not to be identified, says the inventory of petrol models has increased by a fifth. “The inventory holding period for petrol models has gone up from 10-15 days to 40 days,” says ...
November 8, 2011


As petrol gets dearer, so do used diesel cars - Livemint
A sales executive at another Delhi-based franchisee of the firm, who asked not to be identified, says the inventory of petrol models has increased by a fifth. “The inventory holding period for petrol models has gone up from 10-15 days to 40 days,” says ...
November 8, 2011


NIA may investigate Maoists cases - Livemint
“The home ministry is actively considering to widen NIA's ambit,” a government official said. The ministry, which oversees the work of the agency, has also asked it to recruit investigators instead of poaching from agencies such as Intelligence Bureau ...
November 7, 2011


India should be wary about potash investments: analysts - Livemint
In many such cases, we are simply unable to properly assess the available mineral capacity in mining assets in foreign countries, so it is not possible to value them accurately,” said this person, who declined to be identified. ...
November 6, 2011


SC stays probe against Chavan on paid news - Livemint
Once an SLP (special leave petition) is admitted, this is the normal course of action,” said a senior EC official who did not want to be identified. Chavan was appealing a decision of the Delhi high court, which said on 30 September that the poll panel ...
November 3, 2011


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