Bharti Airtel is planning to increase its subscriber base by one fourth of its actual value in this year. This decision was taken keeping in mind the growing demand for data services said company’s managing director on Wednesday. Bharti, is very much looking forward to win market share in various places of Africa such as […]
It is well known that majority of India prefers foreign studies and degrees especially in USA and UK. But latest statistics reveal that the unemployment rate or the number of Britons without work has reached to 22.3%, the highest value in 17 years as said by Office for National Statistics on Wednesday. The number of […]
As inflation started showing signs of decreasing a lot of changes have taken place in the market. Headline inflation fell to 7.47% in December 2011, from 9.11% in the previous month. This is the lowest inflation value in the past two years according to the report given by Wholesale Price Index (WPI). Assocham, The Associated […]
The performance of Standard & Poor’s 500-stock index has been worse in the last 12 years. Since the technology bubble burst in 2000, the S&P 500-stock index has been seeing downfall. However, based on the Dow Jones US Select Dividend index, shares of those companies that paid dividends returned an average of 8% a year […]
New Silk Route Partners, an Asia-focused private equity fund, picked a minority stake in Varsity Education Management Pvt Ltd., a Hyderabad based educational services provider, as said by Jacob Kurian, one of the partners of the fund. He also said Education is one of the great sectors if you want to invest and capture India’s […]
HCL Technologies Ltd., India’s software services exporter saw a raise in the net profit by 43.3% to Rs 5.73 billion compared to last year which was Rs 4 billion. Due to stable demand for outsourcing technology services, HCL Technologies’ revenues descended by 34.9% to Rs 52.45 billion when the quarter ended on December 31. In […]
The Union Coal Ministry had advocated the change of pricing mechanism of Coal India Ltd in October 2011. The company (Coal India Ltd. – CIL) is now set to introduce the internationally-accepted gross calorific value (GCV) based mechanism for Coal pricing in India. Earlier the prices were decided based on the seven useful heat value […]
The Government has changed the import duty on both gold and silver. Silver import duty decreased a 6% from its previous value, Rs 1,500 per kilogram and import duty on gold altered a 2% value from its earlier Rs 300 per 10 grams. This announcement has brought a lot of changes in the market for […]
