South Asia

DLF Q3 net falls 45%, sees more gloom ahead

DLF's consolidated net profit fell to Rs 2.58 billion for its fiscal third quarter ended December, from Rs 4.66 billion a year earlier.

Saturday, February 11, 2012 (The Times of India)

Gold recovers on renewed demand, silver slips

Gold prices recovered modestly after a two-day slide at the bullion market on the back of renewed demand from local retailers and investors .

Saturday, February 11, 2012 (The Times of India)

RIL's KG-D6 may see a further dip in output

Reliance Industries' eastern offshore KG-D6 gas fields may see a further decline in output until new wells are brought to production.

Saturday, February 11, 2012 (The Times of India)

Rupee posts biggest weekly fall in nine weeks

Suspected dollar sales by the Reserve Bank of India helped the rupee recover all intraday losses on Friday but the currency still posted its biggest weekly fall in nine weeks.

Saturday, February 11, 2012 (The Times of India)

Vodafone case: I-T wants review of SC order

The income tax department is seeking a review of the Supreme Court order quashing its demand for Rs 11,000 crore tax on the Hutch-Vodafone deal.

Friday, February 10, 2012 (The Times of India)

LLPs offer a great way to buy property

Here's a new trend in realty shopping. Form a limited liability partnership (LLP), pool money, use that to buy land parcels and then partner with a developer to develop built-to-suit residential proje

Friday, February 10, 2012 (The Times of India)

Outsourcing revenues: TCS closing in on Accenture

The gap in the outsourcing revenues between India’s largest IT services provider TCS and global tech giant Accenture is fast narrowing.

Friday, February 10, 2012 (The Times of India)

DhanBank denies takeover talk

Dhanlaxmi Bank has denied that the lender is being taken over — a bid to quash rumours that have been rife after its chief executive quit on Thursday following differences with the board over expans

Friday, February 10, 2012 (The Times of India)

I-T dept feels govt has a strong case

The Supreme Court had rejected the income tax department's claim on Vodafone having to pay capital gains tax on the Hutch deal saying the acquisition was outside the jurisdiction of Indian authorities

Friday, February 10, 2012 (The Times of India)

Minimum investment in portfolio management schemes hiked

With a view to keep retail investors away from the portfolio management schemes (PMS), Sebi on Friday raised the minimum investment amount of clients for such schemes to Rs 25 lakh from Rs 5 lakh.

Friday, February 10, 2012 (The Times of India)

The Intelligent Investor
Economic Monitor