The government’s diktat to public sector banks to rein in their non-performing assets (NPAs) has brought the focus sharply back on the Ratnagiri power project in Maharashtra (the erstwhile Dabhol plant).
FPIs continued to buy into the Indian equities market in the week ended September 19, buoyed by the US Fed announcement that it will maintain interest rates to near zero for a "considerable time" even after its bond-buying programme ends, as also stable government policies.
When Prime Minister Narendra Modi urged companies to participate in constructing toilets across the country, it signalled a windfall for a little-known public sector company, Hindustan Prefab Ltd.
India’s business process management (BPM) industry may see a geographic shift in favour of non-metro or Tier-2 cities and small towns, which hitherto never figured in their location planning.
Ma said the lesson he learned from the blockbuster featuring Tom Hanks was 'that no matter whatever changed, you are you. I'm still the guy I was 15 years ago (when I earned) $20 a month.'
Healthy buying by foreign and domestic investors on the back of as the US Fed announcement of maintaining a near zero percent interest rates even after the end of its bond-buying programme ends helped markets to remain range bound to 27,000-point mark.