India

News, Analysis & Opinion about Indian Business

ICICI Bank- Is there more to it than the share fall?

Picture this, till August 2008 ICICI Bank was the most valuable bank with a market capitalisation above that of SBI and HDFC Bank. When Lehman story arrived, SBI overtook it and with further bad news pouring it, HDFC Bank overtook it to become the most valued private sector bank in India. Infact, SBI now has(…)

The Balika Vadhu Effect: Colors set to become number one TV channel

Remember 2001, when the beleaguered Star Plus channel launched KBC and Kyunki Saas…. to instantly garner the top spot in the Indian TV market. Now 7 years hence, Colors channel has Anandi to its help and is slated to become the number one channel after overtaking Sony and Zee to already become the second most(…)

Calculating Income Tax, here’s how much you save in assessment year 2009-2010

With the first advance tax date gone, income tax payers would have to begin again the task of planning their income for the financial year 2008-2009 so that they can pay the requisite amount of remaining two advance tax installment due on 15 December 2008 and 15 March 2009. For those individuals, who have similar(…)

SBI 1000 days FD create a new category, may trigger new round of high deposit rates

After announcing the creation of 1000-day Fixed Deposit giving an interest rate of 10.5%, State Bank of India has proved its aggressiveness in taking lead over others in garnering public funds. Until a few years ago, FD rates were quoted in either number of months or years, but ICICI Bank took the initiative to launch(…)

Buy Google Phone in India

The feature rich, but not so sleek G1 (popularly known as Google phone) may soon be available in India. HTC would retail the phone in India for a price higher than the US price. It is likely that the phone would be network locked and Airtel is likely to chosen network as HTC already has(…)

What should investors of DSP Merrill Lynch and Tata AIG do?

The answer is immediate ‘nothing to worry’. In the recent financial turmoil in US, the names affected include Lehman Brothers, Merrill Lynch and AIG. While Lehman does not have a direct consumer portfolio since it does not have any asset management or insurance company though has taken equity stakes in various domestic companies or SPV(…)

What should be your investment strategy in such volatile markets?

The Indian financial markets markets is going among the most volatile phases it has witnessed over the past many years post Lehman, Merrill Lynch crisis. Whether it is equity, metal, currency, oil, every new morning brings with it fear and hope of a new event overnite (especially in US markets). Many analysts believe that the(…)

Convince Your College to Switch to Google Apps

Are you are a student, faculty member or even an alumni of any engineering college or MBA school in India? If yes, Google is inviting you for this unique challenge where you have to try and convince your school administration to use Google Apps for email, calendar, office, etc.

Its Now Pretty Easy to Invest in Movies – Cinema Capital Venture Fund from ICICI

After burning fingers in stock market and real estate investment, HNI investors have another asset class to diversify their investment. ICICI Bank is offering its private banking customers option of investing in Cinema Capital Venture Fund that is a SEBI approved fund which will invest in Indian media and entertainment industry. The fund will be(…)

Dow Jones India Titans 30: A replacement to BSE Sensex for global investors

Rupert Murdoch owned Dow Jones has launched a blue chip index for India called Dow Jones India Titans 30 which will constitute 30 largest and most liquid stocks listed on BSE and NSE. The stocks on the new index are selected on the basis of free float market cap, average trading volume with a 10%(…)

Airtel BroadBand Redirects Domain Typos to an Ad Filled Page

I have been an Airtel Broadband customer for long and have always appreciated their Internet related services but what they have done recently is sad and misleading. To quickly recap, if you mistype a web domain address in your browser – you will be redirected to a page that is filled with banner ads, text(…)

Oberoi Vilas Properties still Continue their Dominance

The Indian hospitality sector has once again shown its standards and class in global ranks. The Oberoi Vilas properties are once again ranked among the top in the 2008 Travel + LeisureWorld’s Best Hotels list. Oberoi Rajvilas, Jaipur has been ranked the second best hotel in the world, while the Udaivilas, Udaipur and Amarvilas, Agra(…)

Vijay Mallya to build a 37 storey home in Bangalore

Following the plans of Mukesh Ambani’s Antilla, Vijay Mallya is planning to build one of his own in Bangalore on Vittal Mallya Road, adjacent to UB City. The Kingfisher giant is planning an over 30 storey building on a 4 acre property that would even have a helipad, according to TOI. Vijay Mallya currently has(…)

Withdraw funds from ATM without having a Bank Account

Imagine that you are stuck in a place and don’t have cash, worse that you even don’t have an ATM / Debit card or even if you have, you have lost one. Then all you need is a mobile phone to withdraw cash. ICICI Bank has launched a unique facility called smsNcash.  Under this, one(…)

Setback for GST implementation, CST reduction still on hold

The much awaited common Goods and Services Tax (GST), due to be implemented w.e.f. April 1, 2010, is still mired under confrontation and most likely the date would have to be postponed. The basic idea behind GST was to bring in a common tax across the country to bring in uniformity in prices and conceive(…)