Business
Economy to bounce back, 7 pc growth seen in late FY'10: PC
Union Home Minister P Chidambaram today sought to hammer the point that domestic economy is well on its way to recovery by saying it will clock seven per cent growth by third-fourth quarter of the next fiscal.
Reliance Industries agrees on merger with RPL, swap ratio at 16-1
The board of directors of Reliance Industries headed by Mukesh Ambani on Monday agreed to merge with its refinery subsidiary, the Reliance Petroleum Ltd. (RPL). Both the companies, in their respective filings, agreed on one equity share for the RPL shareholders and 16 for the RIL shareholders....Rupee breaches 51-mark against a dollar
Sliding for the fifth day in a row, the Indian rupee today breached the 51-mark for the first time ever against the greenback as the local currency lost 66 paise on sustained strong demand for the US dollar from foreign banks and oil importers amid weak stock markets....Economy to grow by around 7 pc in FY'09, hopes FM
Revival in steel and cement sectors and ample funds available with states for spending today gave the centre the confidence that the country will grow by around 7 per cent in the current fiscal....
Tata Motors to launch 'Nano' on March 23
Tata Motors today said it will launch 'Nano', touted as the world's cheapest family car, on March 23 in Mumbai and bookings will start from April this year. The car was unveiled at the auto expo in Delhi in January 2008 and a function on March 23 would mark the car's commercial launch....Sensex up further by 52 pts on fall in inflation
On the back of fag-end buying amid short-coverings mainly in auto, refinery and IT counters due to a fall in inflation as well as firm European cues, the benchmark Sensex reversed its initial weak trends and ended up by another 52 points, despite sustained capital outflows....Suzuki Motorcycle to invest Rs 150 cr in 3 years
"We will be expanding our production capacity from 12,000 units per month to 40,000 units per month in next three years at our plant in Gurgaon, which will entail an investment of Rs 150 crore," Suzuki Motorcycle India Zonal Head (North and East) Rakesh Kumar told reporters here....Sensex up by over 80 pts on rally in auto and IT counters
The Bombay Stock Exchange 30-share bellwether index touched a high of 8,995.04 in mid-afternoon trade but fell back to settle the day at 8,902.56, still showing a rise of 80.50 points or 0.91 per cent over the previous close. At the day's high level, it was up by nearly 173 points....PNB launches rickshaw pullers project ‘functional financial inclusion’ programme
Under Functional Financial Inclusion, Punjab National Bank has launched a scheme for rickshaw pullers who are socially and economically deprived class of the society. The main objective is to bring a dignity to their profession and improve their standard of living. Dr. K.C. Chakrabarty,...Ambanis break bread together on mother's 75th b'day
There have been reports now and then about a possible reunion between the Ambanis ever since they shook hands at an industrialists' meet convened by Opposition Leader L K Advani at his residence in the national capital late last year....Log in
- Major Events 1988
- Centre makes one year rural posting mandatory for post graduate medical students
- Wage board team coming to Kashmir
- Committee constituted for selection of class-IV posts
- CM cautions youth against vested interests
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