Daughters of Mittal, Ambani and K P Singh top Forbes list

Riding high on their fathers’ richie-rich status, Vanisha Mittal, Isha Ambani and Pia Singh — daughters of Lakshmi Mittal, Mukesh Ambani and K P Singh respectively — have grabbed the top three rankings on a Forbes list of billionaire heiresses.
While many daughters and grand-daughters of the world’s wealthiest would never actually inherit [...]

Apple Computer’s iPhone 3G launch in India

Apple Computer’s iPhone 3G launch in India to act as a catalyst for 3G mobile market The launch of the much-awaited iPhone 3G by Apple Computer’s has changed the face of the
Indian telecom market. Priced at US$ 700, the phone will be marketed in India by Bharti Airtel and Vodafone Essar.
The phone offers superior sound [...]

Service sector to give more revenue

The contribution of service tax to the country’s GDP is quite low at 1.1 per cent and the government expects to get more
revenue from this sector in future, a top official said.
Contribution of the service sector in the GDP is 56 per cent but the share of the service tax in the GDP is just [...]

Currency trading at NSE

NOT A FALSE
START
Currency derivatives trading got off to a curious start on Friday. Even as finance minister P Chidambaram rang the bell, the thread snapped! Finally, the FM had to ring the bell with his hands — not the kind of auspicious start you would have imagined. But in the actual ring, things were much [...]

3G auction by 30 September

The auction process for the third generation (3G)
spectrum service are likely to be over by September 30,
Telecom Secretary Siddhartha Behura said on Friday.
“The ideal time for the auctions will be between September and
October this year.”
“But the auctions should most likely be completed by
September 30,” he told reporters on the sidelines of the Energy
Efficiency Summit organised [...]

India 3rd on commercial spend list

Annual commercial spending in India clocked $2.3 trillion in 2007, an increase of 23% from
2006, according to data released by Visa, the world’s largest retail electronic payments network.
As per Visa’s Commercial Consumption Expenditure (CCE) index, India was third largest nation in terms of
the size of total business and government spend and the fourth fastest growing [...]

The Future of Indian Real Estate Market

The Future of Indian Real Estate Market
Come next decade, Indian real estate landscape is expected to be dotted with SEZs, international standard warehouses and specialized industrial spaces. Large integrated developments can become a norm among the working population. The Indian Property Market is fast going through a learning-curve. Rising interest rates have impacted the credit [...]