Telecom industry is witnessing biggest all time paradigm shift in India. From spectrum war between Defence Ministry & TRAI, outcry of operators on TRAI recommending removal of cap on number of operators in the circle and also charging for 2G spectrums, spat between GSM and CDMA players on latter alleging that GSM players are misusing [...]

Everyday as the clock ticks 9:55 in the morning, my colleague logs on to check out the status of market. Since last few days, he is restless as the market is tumbling non stop. I am no investment wizard but being a Chartered Accountant, I am supposed to know market dynamics and this makes me [...]

After long time there is an upward movement in IT companies’ scrip. This is primarily due to recent changes made in norms of External Commercial Borrowing (ECB). IT companies are hit badly as there top line consists of a major chunk of exports. Since most of their clients are foreign based, stronger rupee has lead [...]

If you are investing in shares and availing benefit of sec 10 (38) which exempts long term capital gain on shares, there is a bad news for you. CBDT has considered a proposal to limit the scope of exemption only to companies constituting BSE 500 index. This is done to prevent any misuse of section, [...]

When Mr. Rakesh Jhunjhunwala made a prediction in 2005 that Sensex will cross 25000 by 2010 we mocked at him attributing his statement to lack of experience in stock market. As sensex kissed the magical figure and closed yesterday above 15K for the first time, the research analysts are forecasting a safe and steady ride [...]

India is the third largest market for telecommunication industry in the world after China and US, adding close to seven million subscribers every month. With a tele density below 20%, telecommunications has huge potential market in India. This makes Vodafone bet heavily on the Indian market. Mr. Sarin, CEO Vodafone who took over Hutch India [...]

As of now, IFRS is the buzz word in International arena and it spreads its wings to Korea, after gaining so much popularity in SEC camp. South Korean finance minister revealed a plan towards adoption of International Financial Reporting Standards. A grace period of two years for switch over is given to organizations that are [...]

Finance Minister is happy that Tax GDP ratio of our country is improving. What makes the Tax – GDP Ratio better? Any guesses! Better tax compliance by the citizens of country is one of the reasons for improvement in Tax – GDP ratio. We can put it the other way round that any form of [...]

While half of the nation was completely engrossed in India Vs. Sri Lanka One day Cricket match on Sunday afternoon India Inc was busy swiping the card for two deals amounting to $ 25 billion (Rs. 1,10,000 Crores). Indian Cricket team might have disappointed you but full marks to team corporate India, which is performing [...]

Next year India is expected to hit the double-digit GDP growth and that is also going to be the best performance in last 18 years. Just one word for it ………Incredible!!!!!!!!!!!!! We don’t hesitate in making big statement, “India may top China’s GDP growth in 2007”. Taking a step further our growth rate is compared [...]