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Network18 to Exit News Terminal Business – NewsWire18

Media conglomerate Network18 today said it will sell its entire stake in financial data and news terminal business NewsWire18 to private equity firm Samara Capital for Rs 90 crore. “Network18 has...

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IIM-A Among Top 3 in Asia-Pacific for B-School Graduate Employability

A report by Quacquarelli Symonds (QS) on the value of MBA programmes around the world in terms of graduate employability has shown Indian Institute of Management, Ahmedabad, is among the top three...

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Indorama arm signs $800-million finance pact to fund Nigeria project

Indorama Eleme Fertiliser & Chemicals Ltd, part of the Indorama Group, has signed a $800-million long-term financing agreement with 16 global financial institutions to fund its $1.2-billion...

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CCEA approves two new port projects at Kolkata worth Rs 1700 crore to boost...

The Cabinet Committee on Economic Affairs on Thursday approved two new projects to increase capacity of ports in the country. The projects to be set up at Kolkata Port will require an investment of Rs...

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India Inc invested $1.65 bn abroad in February

The Reserve Bank of India (RBI) said on Monday that Indian companies invested $1.65 billion abroad in February. Companies committed the money by the way of equity, loans and issuing guarantees to their...

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The Difference between Credit Cards and Charge Cards

We would say that for a lot of us plastic cards are king and we far prefer carrying one around with us, than using money. However, that’s not to say that there is no more than one sort of plastic and...

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Vizag port to take up 3 development projects worth Rs 1800 crore

Three major projects, with an investment of Rs 1,800 crore, are being taken up in Visakhapatnam port and the finalisation of bids is being undertaken this week. The bids for extension of container...

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Exploring a Career in Finance

A career in finance can be lucrative and rewarding, but requires effort and education in order to be so. Individuals who choose to walk the path of finance must have an understanding of how the...

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Great Ways for Small Businesses to Save Money

In order for a small business to succeed, it is important to make as many savings as possible by cutting down on unnecessary expenditure. Making money is obviously one of the main aspects of running a...

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Buying a New Car Is it a good investment?

A car investment is a one time investment. You don’t change your car everyday, so you have to make a right decision while purchasing one. There are a lot of brands in the market to select from. You...

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Why Struggle With Business Bookkeeping? Hire an Expert Accountant

One decision that is very essential to any business owner is selecting the most qualified accountant. It is best to settle for the most trustworthy and dependable one because he/she will be in charge...

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Reserve Bank of India to put restrictions on gold imports by banks?

The Reserve Bank of India (RBI) has altered the rules and regulations on gold imports as simple accessibility of credit had supported speculative imports leading to a large Current Account Deficit...

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NRI deposits rise 37% on high domestic interest rates

Non-resident Indians (NRIs) are keeping faith with the returns their banks back home are giving them. In the first eleven months of FY13, NRI deposits in the banking system rose 37 per cent (by $13.379...

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MIT buys into Shriram City Union Finance

Massachusetts Institute of Technology (MIT) has picked up nearly 6 lakh shares of non-banking finance company (NBFC) Shriram City Union Finance for around Rs59 crore. MIT, a renowned US-based...

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Money management tips for business

Every entrepreneur knows that good skills of money management are one of the keys of successful business. Whether you are running the small or big business, you should know how to manage your money for...

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What iam reading now – The Barefoot Investor

Read good reviews of this book in some website and so went ahead and picked up the book from the library. Have finished almost half the book (such a speed is quite rare for me). One thing that i...

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Vikram Pandit is Citigroup CEO

Picture source: Rediff Indira Nooyi at Pepsico and now Vikram Pandit at Citigroup. Slowly but surely, Indians are climbing up the management ladder in some of the most fiercest job environment in the...

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Blood on the street

Finally after a lot of dithering, the global markets caught the sub-prime flu and what a crash it was. India was the worst performing market today. Almost 1400 points (7%) down in a single day. None of...

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Hike FDI in Telecom Sector to 100% – Parekh panel

A high-level committee, headed by HDFC Chairman Deepak Parekh, has submitted its interim report to Prime Minister Manmohan Singh on reforms and suggestions on how to find the funding needed for the...

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Surplus Railway Land Alone Can Yield Government 50,000 crores

Kelkar committee warned that the failure to move briskly would expose the country to a crisis worse than what it had endured in 1991.The report suggested that exploitation of governments assets could...

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