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Mineral production up 9.69%

NEW DELHI: The country’s mineral sector has recorded a growth of 9.69 per cent during April- February 2009-10 as compared to same period previous year. However, during February this year, the mineral production from mining and quarrying dipped by 5.23 per cent over the previous month, but was higher by 12.20 per cent as compared to the same month last year, according to official statement issued here today.

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India likely to produce over 1,000 million kg of tea

NEW DELHI: India is likely to cross the 1,000-million-kg mark in tea production this financial year and exports of the commodity are expected to grow by 5-10 percent, Tea Board of India Chairman Basudeb Banerjee said here Monday. “For this financial year, we expect the production to be 1,000 million kg or it can be even more than that,” Banerjee said.

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Steel cutting ceremony at GSL

PANAJI: First Steel Cutting ceremony to mark the commencement of the structural work for the state of the art Shore Based Test Facility (SBTF) was held at Goa Shipyard Limited on May 10, 2010. 

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Samsung unveils new monitor

NEW DELHI: Samsung Electronics, the leader in Digital Technology today introduced its new Multi-Function Monitor (MFM) for the Indian market. The new MFM monitor expands the range of Samsung LCD monitors available in the Indian market and represents the perfect blend of performance and elegance in design.

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TTML achieves 12% growth

PANAJI: Tata Teleservices (Maharashtra) Limited (TTML) total subscriber base stood at 13 million – an increase of 73.5 per cent over the previous year. TTML’s rest of Maharashtra circle has crossed 7.8 million wireless subscribers, and TTML is now the 2nd largest operator in this geography.

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Agents’ sins of omission and commission

Last time we said that there are two types of wrongdoings of an agent against which SEBI can protect the investor : providing wrong information about the financial product to the investor and charging unfair fee for his services to the investor. How and how far can SEBI protect the investor against these wrongdoings ?

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