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Centre may ease overseas flight norms

10 Nov 2014

The aviation ministry will likely drop a rule requiring airlines to operate on domestic routes for five years before offering overseas flights, and sell shares in state-run airport operator Airports Authority of India (AAI) and chopper service Pawan Hans Helicopters Ltd early next year.

Conglomerates on the lookout for distressed power assets

10 Nov 2014

Assets with assured pipeline of fuel supplies, power sale pacts and land acquisition approvals on the radar.

Private equity deals pick up pace in 2014

09 Nov 2014

Private equity deals in India continue to see increased traction, with average monthly investments of $1 billion witnessed so far this year, led by information technology enabled services, infrastructure management and financial services sectors. With still two months to go, aggregate PE investments in 2014 till date stand at $9.87 billion, just a shade away from the $10.5 billion invested in entire calendar year 2013.

Laws that regulate black money in India

09 Nov 2014

With the government talking about a crackdown on unaccounted (‘black’) money, it is worthwhile to take a look at the laws meant to check its growth.

Chinese companies eye India’s growing mobile Internet users

06 Nov 2014

Firms which are keen on testing Indian waters include Changyou.com, Alibaba’s online retail company Aliexpress and e-commerce firm JD.com

$250b power push on the cards

06 Nov 2014

The power revolution could be on the way. The government, which has promised to provide electricity to 1.25 billion people by 2019, expects a $250 billion investment in the power sector in the next 4-5 years, including $100 billion in renewables by scaling up the solar power target five fold to one lakh mw.

Ind AS & Derivative Accounting

05 Nov 2014

Ind AS & Derivative Accounting!

Companies Act will require lesser regulatory interventions, says Govt

01 Nov 2014

"It has incorporated new provisions that reflect globally accepted best corporate governance practices, and best regulatory frameworks,” Joseph said, while addressing members of the Bangalore Chamber of Industry and Commerce (BCIC) and Institute of Companies Secretaries of India (ICSI), Bangalore Chapter, on Friday.

Government eases FDI norms for real estate sector; MSP hikes kept at a 10-year low

30 Oct 2014

In keeping with the pace it has gathered recently in implementing pending reform proposals, the Narendra Modi government on Wednesday sought to speed up its 100 smart cities project by easing the foreign direct investment (FDI) policy for the construction sector and sought to curb the subsidy bill by sticking to the recent practice of modest hikes in the benchmark prices of various crops.

SoftBank picks up stake in Snapdeal, Ola

28 Oct 2014

Japanese communications services firm SoftBank has picked up stakes in two Indian companies — Snapdeal and Ola — in a bid to ride the wave in the Internet services segment.