Here’s something that everybody knows. Facebook is going public and is going to break the $100 billion valuation! To put this in perspective, this is the biggest venture-backed company IPO of all time, not even Google raised as much. This is a company that will trade at 100 times its historical earnings, while Apple trades …

A Parliamentary panel has proposed radical changes to the Land Acquisition Bill. Sources have told NDTV that the house panel has proposed that land acquisition be restricted to infrastructure and social sector projects only.

Former Goldman Sachs board member is charged with conspiracy and securities fraud. He prepares for the fight of his life.

Businesses are great investments while houses are poor ones

It has been a forgettable day at work for India’s traders. We give you a snapshot of all the top and tools related to the markets today.

Around 12 Kingfisher flights were cancelled today after the more than four dozen Kingfisher pilots called in sick in protest against non-payment of due salaries.

When the credit policy announced a surprise 0.50% reduction in Repo rates, I had blogged that it will be a while before loan rates will go down and even then Base Rates may not change but only spreads may be reduced (which means only new consumers would benefit rather than existing ones).

DRUG regulation in India is in shambles.

Finance Minister Pranab Mukherjee announced in the Lok Sabha on Monday that the tax on all branded or unbranded precious metals – gold, silver, platinum - has been withdrawn.

Calculation of tax on capital gains is quite a complex issue. A working knowledge of the income tax rules is most certainly required. The column examines the capital gains tax structure encompassing the various rules and rates applicable to different assets

Since Nitish Kumar’s rule started on Oct 25, 2005, it has exceeded all expectations. Kumar became chief minister at a time when Bihar had been given up for dead.

Regulator SEBI recently debarred half a dozen companies and their promoters from accessing the capital market, because they misused IPO funds. Is this the tip of the iceberg?

Retailers in Mumbai and Bangalore sold 24 carat gold at over Rs 30,000 per 10 gramme, including taxes.

Holidays and Kingfisher crisis have pushed up India’s air fares by 30-40 percent. Did you leave the booking till the last minute?

As part of Air India's restructuring, the government planned to infuse Rs 4,000 crore as additional equity during the current fiscal, raising the equity base to Rs 7,345 crore.

Bharti Airtel, launched India’s first 4G services in Kolkata today. The services are priced between Rs 999 per month to Rs 1999 per month with 6 - 9 GB free downloads.

Close to 30 projects are lined up along the stretch, which could add 35,000 units to the residential market.

Inefficient engineering has caused the cash-strapped airline to shell out huge sums of money for repair of aircraft engines.

A lot of health insurance policies are being issued with a specific limit on room rents.

Successful investors are those who learn the most lessons along their investing life.

Investment opportunities in the contrarian sense are created by extreme fluctuations in the demand-supply dynamics which in turn is backed by extreme divergence between information and outlook. Such instances, in the real estate market occasionally results in low prices for solid assets and this provides an attractive investment …

Disinflationary’ Budget makes you pay heavily for almost everything

From Haryana to Tamil Nadu, most of India’s states have raised electricity charges. Worst, summer is just round the corner.

Kingfisher employees have called off their 8.00 pm deadline for payment of their long overdue salary after Mallya announced that all salaries would be paid be paid by April 10, 2012 after tax authorities unfroze its bank accounts.

Airline will resume payment of staff salaries starting from this week after tax authorities unfroze its bank accounts, Chairman Vijay Mallya says.

After car buyers, two- wheeler purchasers will feel the heat.Most two- wheeler companies are planning to increase prices by 6- 12 per cent from April 1 to offset the high input cost and the hike is excise duty.

South Korean steelmaker Posco’s plans to build a plant in Orissa hit another roadblock after a panel report said that the Indian government was biased in clearing the project.

Prime Minister’s Statement at the Plenary Session of the Fourth BRICS Summit, New Delhi

Small investors will now get higher returns on popular post office schemes like Public Provident Fund ( PPF) and Monthly Income Scheme ( MIS), with the government hiking interest rates on these by up to 0.5 per cent with effect from April 1.

Billionaire Vijay Mallya’s Kingfisher Airlines (KFA) is headed for a drastic reduction in operations.

Newly elected Railway minister Mukul Roy announced a rollback in the rail fare hike (Didi did finally get her way.) “The proposal to increase hike will impact the 'aam admi'. I intend to give relief by not increasing fare in any of these classes.” Mukul Roy announced.

Though investors are disappointed by this year's budget, many senior members of the industry have mixed opinions about Pranab Mukherjee's 'safe' budget.

They say no news is good news. Budget 2012 embodies this saying. It was good --- because it was not bad!

"I have to be cruel to be kind," said the Finance Minister . Well the aam jaanta definitely does not seem happy with two bit increase in the tax exemption limit and the hike in services tax that is boud to play havoc with their household budget. Did he then manage to "be kind" India Inc? Here are some Industry reaction …

The Budget presented today was realistic, Pranabda in a sense found a nice balance – it was mostly a reformist budget with a slight dash of populism.

The D day that most of the financial world has been eagerly waiting for has finally arrived. Pranab da will soon enter the Parliament House with his Pandora’s box. Will this budget be a populist one again or will the finance Minister follow in the footsteps of Mr Dinesh Trivedi and deliver a bold budget in the greater good …

The finance minister Mr. Pranab Mukherjee is facing one of the toughest challenges of his long and distinguished career as the man at the helm of financial planning for the nation. T

Twitterverse is full of reactions

Twitterverse is full of reactions

The finance minister Mr. Pranab Mukherjee is facing one of the toughest challenges of his long and distinguished career as the man at the helm of financial planning for the nation.

The finance minister quoted Shakespeare's Hamlet before starting the second part of his Budget speech.

The literary pinch was probably to veil the fact that what was coming was more cruel and less kind! Let's look at what the FM had in store for Businesses and Industry.

Mukul Roy, another TMC MP, is likely to take over after party chief Mamata Banerjee nominated him

Indian economy is estimated to grow by 6.9% in 2011-12 mainly due to weakening industrial growth. This indicates a slowdown compared not just to the previous two years, when the economy grew by 8.4%

Announcement includes three Duronto, one Shatabdi, one fully AC Express, three Rajyarani Express, nine Mail and Express services, three MEMU services, three DEMU services and five EMU services.

In his maiden Railway Budget speech, Union Railway Minister Dinesh Trividei said this year would be dedicated to increasing safety measures in the Indian Railways.

The move Implements the Announcements made in the Railway Budget 2011-12

Unlike last year's, this year’s budget is on March 16 and not on last day of February. Like every year all citizens look forward to the Finance Minister to provide them more sops and this year has been no different.