Oil & Gas Round Up - September 03 to September 07, 2012
The US Department of Justice reportedly accuses BP gross negligence in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
Automobile Newsletter - September 03 to September 07, 2012
The chairman of Japan's Suzuki Motor Corp reportedly said that production at its Indian unit Maruti Suzuki's riot-hit Manesar plant is likely to reach 800 to 850 vehicles per day in the first half of September.
Consumer Goods Newsletter - September 03 to September 07, 2012
Cycle Pure Agarbathies, India’s leading incense brand from NR Group, presents Naivedya – a comprehensive prayer package on the occasion of the festive Ganesh Chaturthi.
Retail Newsletter - September 03 to September 07, 2012
McDonald's reportedly to launch all-vegetarian restaurants in various pilgrimage sites across India with the first outlet opening in Amritsar by middle of 2013.
Insurance Newsletter - September 03 to September 07, 2012
The life insurance industry registered 16.37% growth in new business income in April-July, according to IRDA (Insurance Regulatory and Development Authority) data.
Mutual Fund Newsletter - September 03 to September 07, 2012
Capital market regulator SEBI (Securities and Exchange Board of India) has reduced the Know Your Clients (KYC) requirements for various overseas entities including FIIs (foreign institutional investors) and has removed in-person verification requirements for non-individual clients.
Banking Newsletter - September 03 to September 07, 2012
The IRDA (Insurance Regulatory and Development Authority) has approved a 30% stake purchase by Punjab National Bank (PNB) in MetLife India Insurance Company on 31st August.
Merger & Acquisition Round Up - September 03 to September 07, 2012
Jindal BVI Limited (JBVI), a subsidiary of steel major Jindal Steel and Power Limited (JSPL) has acquired Canadian listed coal Company CIC Energy Corp. (CIC) for about US$115 million (over Rs. 600 crore) by way of a merger of JBVI and CIC.
Telecom Newsletter - September 03 to September 07, 2012
Reliance Communications is expecting to conclude the sale of its telecom tower business next year, according to reports.
Metal & Mining Newsletter - September 03 to September 07, 2012
SAIL produced 1.16 million tonnes of crude steel recording a growth of 7 % in August’2012 over CPLY. The cumulative production of crude steel by SAIL at 5.65 million tonnes in April-August’12 was up 3 % over CPLY.
Real Estate Round Up - September 03 to September 07, 2012
The Minister for Housing and Urban Poverty Alleviation (HUPA) Kumari Selja has said that the Real Estate (Regulation and Development) Bill, 2012 is with Ministry of Law and Justice for vetting and after getting the same, the Ministry of Housing and Urban Poverty Alleviation will move the Bill to Cabinet.
Aviation Newsletter - September 03 to September 07, 2012
The auditors of Kingfisher Airlines reportedly said that the airline's actual losses for the year ended March 2012 were more than the reported Rs. 23.28bn.
Hotel & Tourism Newsletter - September 03 to September 07, 2012
For the first time in five years, travelers paid more on average for their hotel rooms during the first six months of 2012 in all parts of the world, according to the latest Hotels.com Hotel Price Index (HPI).
Infrastructure Newsletter - September 03 to September 07, 2012
Bharat Heavy Electricals Ltd has joined hands with the Republic of Tajikistan to set up a 100-MW hydro electric power unit in Tajikistan, according to reports. Reports said that BHEL has earlier commissioned a hydro generator for Pamir-1 project in Khorog.
IT Newsletter - September 03 to September 07, 2012
Business leader NR Narayana Murthy has reportedly said that the government and the opposition should declare that they would never do anything on "retrospective basis".
Agriculture Newsletter - September 03 to September 07, 2012
The Government informed that under MGNREGA, during 2009-10 to 2011-12, a total of 757.09 crore persondays were generated and a total amount of Rs. 76126.76 crore was paid as wages to MGNREGA workers as reported by States and Union Territories.
Pharmaceuticals Newsletter - September 03 to September 07, 2012
The Drug Controller General of India (DCGI) reportedly told pharma companies to submit the mandatory safety details of their new drugs for every six months for the first two years from their launch to ensure safety and efficiency when consumed by patients.