India

News, Analysis & Opinion about Indian Business

Find out the best interest rates on Fixed Deposits

The common problems among most Indian investors is how to find out the best available FD rates among all Indian banks whether public, private or foreign. As it is virtually impossible to visit individual banks or their websites as there are over 100 of them operating in India. Moreover, most of the financial portals does(…)

ICICI Bank raises balance requirement to maintain a Savings A/c

ICICI BranchIn a move which would affect 15% of its total savings banks account, ICICI Bank has increased the minimum quarterly average balance required for its savings accounts from current Rs.5,000 to Rs.10,000 w.e.f. July 1, 2008. The revision has been made after a long gap and according to the bank is due to rise(…)

Your mobile number is going to change

Come next year, and you may have to update all your mobile and phone directories as all mobile numbers will then have 11 digits instead of current 10 digits with ’9′ being prefixed to all mobile numbers and thus ’99′ will become the first two digits of every mobile number. The above plan is another(…)

The Amazing Tale of Bear Stearns and Its Fall From Highs

The fifth biggest US investment bank, Bear Stearns has witnessed a full circle before its fall and selloff to JP Morgan Chase for paltry $2 per share. The total deal value is just $236 million (less than even Rs.1000 crore), much much less than the recent BPTP land deal in Noida.

Union Budget 2008 – If I Were the Finance Minister of India ..

This piece was published in Mint, a joint initiative of the Wall Street Journal and HT Media. What are the three things you wish for from the Budget? Tax rich farmers, do away with capital gain bonds especially for capital gains from sale of property, bring out a common card/ number for doing all financial(…)

After Ramayan, its return of Mahabharata on Star Plus

Faced with intense competition from rising band of General Entertainment Channels, Star Plus is sprucing up itself and launching new shows and formats. And in a bid to woo back audiences, Star Plus is following the tried and tested concept of airing religious epics, just as has recently been observed with NDTV Imgaine’s Ramayan.

Last date for Filing Income Tax returns

In the forthcoming Budget, the finance minister may do away with the earlier practice of having different dates for filing Income Tax returns by individuals and corporates. Uptil now, July 31 was the last date for individual tax payers while for corporates and individuals whose account were required to be audited, the last date was(…)

Reliance mPay – Use your Reliance Mobile as a virtual HDFC Bank credit card

In yet another step forward towards mobile banking, Reliance Communications and HDFC Bank have launched India’s first virtual credit card. Anyone who has a HDFC Bank credit card and a Reliance mobile can use this service and as per current estimates, around 15 lakh people qualify under this. The card do away with the need(…)

Reliance Power – What to do with the share now?

All the earlier euphoria of Reliance Power being listed at Rs.900 has been completely laid to rest with the share now being quoted at 20% discount to its issue price. The problem is compounded by the fact that there are no valuations to back up the share price as the company is still a zero(…)

Locate an ICICI Bank Branch using city maps

Continuing with its tradition of being the pioneer in bringing latest service innovation, one can now locate an ICICI Bank Branch through user friendly maps being provided by mapmyindia. Uptil now most of the bank’s websites provided addresses of the respective bank’s branch area wise by entering the State and City. This was convenient for(…)

Post Mortem of the stock market meltdown

Arguably Indian market’s best known face, CNBC-TV18′s Udayan Mukherjee has come out with his own take of the crazy market situations being witnessed over the last few days. Amidst all this, one thing that emerges from sure is that if you money, just go and buy those stocks in which you see exceptional value and(…)

Make Free Conference Calls in India

Have your conference calls arranged for free with SabseBolo, a free audio conferencing service in India. Ideal for small businesses, team meetings, trainings or for family chats.

Listen to Hindi Songs Online

Do you want to listen to latest hindi songs online for free ? The site featured here has a large collection on bollywood music including old songs, ghazals and remix albums. With Orbit, you can even download hindi songs in MP3 or MPEG.

Bonus restored on Post Office MIS, but should one invest now?

The once hugely popular investment option of Post Office Monthly Income Scheme has been losing its shine since February, 2006 primarily due to the removal of 10% bonus on maturity clause. The scheme at that time was offering 8% interest payable monthly without any TDS but with rising interest rates and special deposit schemes of(…)