Opinion

HDFC Bank enters in pact with IOC for banking services in rural areas

Private Sector banking major, HDFC Bank,  has entered into a pact with Indian Oil Corp to provide banking facilities in semi-urban and rural areas through the latter’s rural petrol pump outlets ‘Kisan Seva Kendras‘. “Beginning...

R-Power’s Butibori plant will reach full capacity by dec-end

Reliance Power Ltd’s Butibori Thermal Power project will achieve, its full capacity of 600 MW by the year-end, following the “light up” of its boiler for the second unit. The boiler light up for the...

Bharti takes DOT to Delhi HC on 3G roaming pacts

Seeking a stay on the Department of Telecommunications (DOT) show cause notice, Bharti Airtel Ltd moved to Delhi High Court asking the company to stop intra-circle 3G roaming pacts. In its fillings, Bharti has sought...

SC may allow further mining in K’taka with riders

A three-judge special forest bench, headed by Justice A tab Alam, today made it clear that further resumption of mining operation in Karnataka “may happen at distant time”. The Supreme Court will on Monday pronounce...

Financial planning – Myths & Reality

‘Financial Planning’ is the new buzzword in the current financial services landscape in India. We tend to hear a lot about financial planning these days. The buzzword is used in all sorts of context creating...

SBI chief don’t see room for further cut in Base Rate

State Bank of India’s chief Mr. Prateep Chaudhuri’s take on helath of SBI, RBI’s recent action and way forward to deliver high performance. Key takeaways are as follows : On rate cut SBI Cut rates...

GroupOn – Strategic Analysis

GroupOn , Is it a marketing company? Is it a cash lending firm for small businesses?Is it a discount deal provider or is it just an accounting ponzi scheme? There are endless debates and many...

OVL acquires stake in Azeri oilfield & pipeline for $1 bln

ONGC Videsh Ltd (OVL), the overseas arm of oil & gas major ONGC,  have entered into an agreement to acquire Hess Corporation’s 2.72% participating interest in the Azeri, Chirag and the deep water portion of...

Retirement Blues : S. Shankar Menon

Opthals, doctors, lawyers,tinkers, tailors can carry on until they can’t cure their own cataracts, torts and writs lose their bites and pots and pans become ifs and ands. For the likes of me, all bureau-cats are...

Deccan Chargers on block : DCHL seeks bid to sell IPL team

In an effort to reduce debt, Cash trapped publisher Deccan Chronicle Holdings Ltd (DCHL) has invited bids to sell its Deccan Chargers cricket team, which plays in the Indian Premier League (IPL). Company made clear...

Shaji Farooq appointed Global Head of Adv Technologies at Wipro

Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited today announced the appointment of Shaji Farooq as the Senior Vice President for the company’s newly created Advanced Technologies service line, which...

MeMumbaikar – Clean, Talented and Honest

Our city’s leading historian, Sharada Dwivedi, who passed away much too early recently, told me that the best possible birthday of Bombay is June 21,1661.That was when it was handed over to Charles II by...