The slowdown would mainly affect the smaller real-estate companies while increasing the relative strength of some large players, the report said. "The slowdown will also aid the process of weeding out some of the weaker entities within the sector and

The company's revenue grew by 11 per cent to Rs 418.92 crore, against Rs 376.5 crore for the same quarter last financial year, GTL said in a statement. In July 2007, GTL sold its Enterprise Network and Managed Services business

Health is the second biggest component on the expenditure list of any family. But, still less than 10 per cent of the population in the country has health insurance," Chief Medical Officer of Apollo DKV C Chandrashekhar said. "Our tie

The famed Nano City project of Hotmail man Sabeer Bhatia, is all set to get a partner soon and that will be realtor Parsvnath Developers. As Sabeer arrives in India on July 10, final decisions will be taken about handing

The members of the apex body of the RBI, who were present at the meeting, included deputy governors, Rakesh Mohan, P Leeladhar and Shyamala Gopinath. Sinor said that the discussion largely included various aspects of the the current macro-economic situations

A KPMG, India analysis 'Indian aviation: Flying through turbulence' cites that air traffic in India is no longer a mere statistic but a phenomena that is based on the fact that people from every walk of life, demographic, ethnicity and

The state-run Mumbai Metorpolitan Region Development Authority would make available Rs 7,600 crore for the implementation of eight lanes Mumbai Trans Harbour Link project.

The mutual fund industry is finding it tough to offer equity-linked schemes in the current volatile market. MF companies, with little recourse, have lined up debt-oriented products which offer returns which are in tune with returns offered by banks' fixed

Goldman Sachs, an investment banking and securities firm, said in its latest report on real estate has observed that tightening bias in the monetary policy by RBI especially in the wake of increasing crude oil prices and double digit inflation

Battling with a surging inflation rate, the government has some reasons to cheer about as food production during 2007-08 is tipped to reach all time high of around 231 million tonne.

NHPC Ltd, the government-owned hydro-power company, has been told by its contractors that they will not work with the current escalation clauses of 7-8% per quarter at a time when prices of key inputs like steel, cement and fuel are

Top-tier IT companies are expected to report a decent sequential topline growth of 7.5% quarter on quarter Q1FY09. This will be largely driven by volume growth of 4-5% q-o-q and 20-22% y-o-y, with the rest coming from favorable currency movements.

The power ministry has ruled that the actual energy generated from the 740 mw Pallatana project will be distributed proportionately on the basis of allocation after taking into account the auxiliary consumption.

Vodafone said in a statement it would make written submissions next week to the Bombay High Court, after which a verdict was expected. Vodafone last year paid $11.1 billion to a unit of Hong Kong's Hutchison Whampoa for a controlling

U S light crude for August delivery fell 50 cents at $135.54 a barrel by 1530 GMT, off highs of $138.28. London Brent crude was 3 cents down at $136.40. The U S Energy Information Administration said crude stocks fell

I can't give you the reason why we have extended the talks," MTN spokeswoman Nozipho January-Bardill told Reuters. The two-week extension, announced on Wednesday, comes after a claim on shares in the Indian company by Mukesh Ambani, estranged brother of

A WTO statement showed that Asian countries, led by China, were again the most frequent targets of investigations and new measures on dumping -- exporting goods for sale at prices lower than the cost of producing them. The trend, continuing

At 9:57 a.m., the 30-share BSE index was up 0.13 percent at 13,982.05, with 15 of its components gaining. The 50-share NSE index rose 0.33 percent to 4,170.95. Rupee weakens as shares flip-flop MUMBAI: The Indian rupee weakened on Thursday

Following the increase in the interest rates, the country's largest lender, State Bank of India decided to hike the processing fee on loans. State Bank of India (SBI), as part of its strategy to enhance the non-interest income, has decided

HSBC India is shifting its focus to SMEs. Small and medium enterprises or SMEs, also called small and medium-sized enterprises and small and medium-sized businesses or small and medium businesses or SMBs, are companies whose headcount or turnover falls below