Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

A crane in the neck
For several months, construction work for the Saket metro station has been going on just outside the block of flats we live in, and the sight of a giant crane hovering over the tops of neighbouring houses makes for a grand view, especially after dark. In every other respect our enclosed colony park is quiet as a village green, but here’s an enormous, brightly lit mechanical pulley moving back and forth in a portion of the sky. It makes us feel like characters in John Wyndham novels set in quiet British towns where nothing much was ever expected to happen.

Consideration for use of copyright is not royalty
In many cases foreign companies grant access to Indian companies for using their data base and other copyr-ighted material. The question for consideration is whether the amount received by the foreign company for permitting use of such copyrighted material constitutes consideration which could be treated as royalty under the provisions of the tax laws.

News of the day

WB funds for JNNURM to come with reforms clause
A fresh $1-billion (nearly 4,600-crore) loan from the World Bank under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), to be routed through the Union government, would be linked to cities adopting certain efficiency parameters.
Business Ideas

Credit growth of 18% possible, says K V Kamath

Indian banks might meet the Reserve Bank of India’s projection of an 18 per cent growth in credit, K V Kamath, chairman of the country’s second largest lender ICICI Bank said in Mumbai today. - IT projects in city on the back burner - Wkly Tech Analysis: Market likely to drift lower - Mukesh Ambani ranked 5th best CEO in the world - Mukesh Ambani ranked 5th best CEO in the world - Moody"s upgrades FC deposit ceilings of 14 Banks - ICICI"s UK arm accused of mistreating whistleblower: report “It is a growing economy so 18 per cent credit growth should be possible. However, as long as output and investment do not suffer I will not worry even if we don’t meet the target,” the former CEO of ICICI Bank said on the sidelines of a seminar. Banks have given out Rs 1,82,000 crore of loans in the financial year up to December 4—a 6.2 per cent growth over the figure at the end of 2008-09. They will have to lend an additional Rs 5,28,390 crore in the fourth months up to March 31, 2010 to meet RBI’s projection of a 18 per cent growth for 2009-10. The year-on-year rate of growth in credit as of December 4, 2009 was 10.5 per cent. According to Kamath, Indian companies were relying on internal accruals as well as the buoyant capital markets to fund new projects and using bank credit as a supplementary source of funds. “This is particularly true in the manufacturing, cements and auto sectors. Only infrastructure companies are relying on banks to fund projects,” he added. Kamath also said the amount of liquidity in the system was not reflective of the current rate of growth.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009