Banking Newsletter - July 30 to August 03, 2012
As expected the RBI maintained its credit reserve ratio (CRR) from the previous announcements at 8%, thus interest rates on residential property loans from banks will also continue to remain at the current level.
Oil & Gas Round Up - July 30 to August 03, 2012
Reliance Industries Ltd is planning to invest up to a billion dollars over the next few years into its aerospace business, according to reports.
Consumer Goods Newsletter - July 30 to August 03, 2012
Videocon Industries Ltd reportedly been restrained by Mumbai High Court from selling its Pebble brand of washing machines, which it said was an imitation of rival Whirlpool of India Ltd’s Ace brand.The
Automobile Newsletter - July 30 to August 03, 2012
Audi, the German luxury car manufacturer, continued to perform successfully in India as it marked up a sale of 680 cars in July 2012 - a growth of 98% over the same period last year (July 2011: 343 cars).
Pharmaceuticals Newsletter - July 30 to August 03, 2012
Polio is the next likely candidate for disease eradication in the world and some of the best athletes participating at the London 2012 Olympics are helping to spread the word about Rotary’s campaign to rid the world of polio.
Agriculture Newsletter - July 30 to August 03, 2012
FAO Director-General José Graziano da Silva challenged academics to get involved in essential and politically important research into rural poverty and the food and agriculture business as it pertains to small-scale producers, in a speech today in Lisbon to the World Congress of Rural Sociology.
Retail Newsletter - July 30 to August 03, 2012
Berger Paints India Limited records a growth of 16% in Revenues and 19% in Profit After Tax for quarter ended on 30th June, 2012
Mutual Fund Newsletter - July 30 to August 03, 2012
The Mutual Fund Advisory Committee—appointed by SEBI (Securities and Exchange Board of India)—has recommended the regulator to introduce a separate share class structure for direct investors, according to media reports.
Telecom Newsletter - July 30 to August 03, 2012
The Central Bureau of Investigation (CBI) has reportedly said that incumbent telecom operators Bharti Airtel and Vodafone India were given additional spectrum beyond 6.2 MHz, up to 10 MHz, in undue haste in January 2002.
Real Estate Round Up - July 30 to August 03, 2012
DLF is planning to sell its 17.5-acre land in Mumbai's Lower Parel to Lodha Group and a private equity player for about Rs. 28bn, according to reports.
Infrastructure Newsletter - July 30 to August 03, 2012
For two days, there was the biggest cut in power supply in Northern states, after the Northern Grid broke down, according to reports.
Metal & Mining Newsletter - July 30 to August 03, 2012
The Children Investment Fund Management (UK) Llp, or TCI, has reportedly filed a writ petition in the Delhi high court against coal ministry and Coal India Ltd, challenging their moves to keep prices artificially low.
Merger & Acquisition Round Up - July 30 to August 03, 2012
Reliance Industries and oil major BP's is planning to acquire stake in a new gas import terminal of Petronet LNG have been grounded under pressure from the oil ministry, according to reports.
IT Newsletter - July 30 to August 03, 2012
India's IT companies will be hiring much less during this placement season starting August-September, according to reports.
Aviation Newsletter - July 30 to August 03, 2012
In line with recent trends of gaining stature in the Indian skies, SpiceJet recorded yet another successful quarter that saw growth in passenger traffic and a further increase in market share to 18.6% by June 30, 2012.
Hotel & Tourism Newsletter - July 30 to August 03, 2012
Diversified business group ITC has increases its holding in Hotel Leelaventure Limited, by acquiring more than 1% through its wholly owned subsidiary, Russell Credit, according to reports.
Insurance Newsletter - July 30 to August 03, 2012
Premiums on group health insurance could rise by up to 50% as the finance ministry has instructed all public sector insurers to stop giving discounts on such policies, according to media reports.