NEW DELHI: The Union Finance Minister, Mr Pranab Mukherjee on Monday said he will not be swayed by the IMF’s higher growth projection of 9.5 per cent but will stick to his conservative outlook of about 8.5 per cent plus economic expansion for the current fiscal.Read More »
NEW DELHI: The Union government on Monday revised upward its foodgrain production estimates at 218.20 million tonnes in the 2009-10 crop year, even as it sees lower output of rice, wheat and pulses.Read More »
MUMBAI: Recommending sweeping changes in the Takeover Code, a Sebi panel on Monday suggested hiking open offer trigger to 25 per cent from the current 15 per cent and raising the offer size to 100 per cent of the equity in the target company.Read More »
PANAJI: Jumping onto the Indian tourist applecart, believed to be the world’s fifth largest outbound tourist market, Jordan Tourism Board (JTB) is executing a road show in seven Indian cities which includes trade fairs and workshops for tour and hospitality operators.Read More »
MUMBAI: National Stock Exchange (NSE) on Monday announced the launch of India VIX, a volatility index being disseminated on a real-time basis for the first time. India VIX is based on the index option prices of NSE’s benchmark index NIFTY. India VIX is computed using the best bid and ask quotes of the out-of-the-money near and mid-month NIFTY option contracts, which are traded on the F&O segment of NSE, the Exchange said in a statement here.Read More »
PANAJI: Sesa Goa Ltd as a part of its CSR initiative had recently organised a day long free eye check-up camp at Sirsaim panchayat building in collaboration with Mukta Opticians. The camp was aimed at treating and providing free eye-care services to the people of rural areas, said a press release.Read More »
MUMBAI: After taking the nation by storm last year, the cute ‘Zoozoos’ in Vodafone’s ad are slowly losing out on their novelty factor leading to the introduction of an animated parrot in the telecom giant’s latest commercials.Read More »
MUMBAI: The Bombay Stock Exchange benchmark Sensex on Monday closed 27 points lower following a choppy session amid weak global cues, but a major fall was averted by strong buying in RCom and banking stocks.
Tracking weak Asian sentiment and a weekend decline on Wall Street, the barometer opened on a negative note and fell about 100 points to hit a low of 17,856 points.
MUMBAI: The strongly growing domestic direct-to-home broadcast market (DTH) may soon catapult India into the number one position globally in terms of the country with largest DTH subscriber base, ahead of the US, an industry official said.Read More »