GMR Infrastructure hires McKinsey to help cut costs
GMR, which operates the airports in New Delhi and Hyderabad, expects cost saving of 5-10 per cent from implementing the suggestions.
CR Sukumar
GMR sells 74% stake in Jadcherla road asset to Macquarie SBI
GMR Infrastructure has announced selling 74% of stake in GMR Jadcherla Expressways to Macquarie SBI Infrastructure Investments.
HC dismisses petitions against AP MFI Act, state unlikely to repeal Act
The AP state High Court on Monday dismissed MFIs' petitions challenging the AP Microfinance Act.
IVRCL plans to sell three road projects to Tata Realty to retire debt
While GMR and GVK, pulled out of large projects, IVRCL had decided to stay away from BOT (build, operate and transfer) road assets.
Financial services firms must be kept out of banking sector: J Hari Narayan, Irda chief
Banking, insurance and MFs should be run as separate businesses with different shareholders and one should not venture into other, says Irda chief.
Kalamandir becomes India's first saree retailer to tap capital market
Kalamandir with 16 retail saree stores spread across South India, has become the country's first saree retailer to tap the capital market.
Irda to put an end to high NAV-guaranteed schemes
The Irda chairman said the new product regime, as and when it comes into effect, will give time to insurance companies to readjust their processes.
IRDA to put an end to high NAV guaranteed products
IRDA chairman said the new product regime, as and when they come into force with different dates to stagger the implementation, gives time to insurance companies to readjust their processes.
We believe that the shareholders of Satyam need to be compensated: CP Gurnani, MD, Mahindra group
"We are now earning approximately Rs 2,000 crore a quarter and if we take away the fictitious revenues, we have reached almost the pre-crisis level."
Post diesel price hike: Bulk buyers pump up sales, but the trend may not last long
The surge has further distorted the market, which has already seen a massive shift of consumers to diesel cars.
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