India will restore the supply of subsidised gas to Bhutan from August 1, a month after it was halted and became a campaign issue in the Himalayan Kingdom’s second national polls. “We have obtained and completed all clearances– technical and administrative. We are ready to supply the subsidised cooking gas and kerosene from August one,” […]
Mumbai : Havells India Limited, a $1.3 billion leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global footprint, today announced its first quarter performance ended 30th June, 2013. Standalone Performance (Q1FY14 VS Q1FY13) PAT grew by 18% to Rs 95 crore for the period ended June […]
New Delhi : Tata Strategic Management Group, the largest Indian-owned management consulting firm, today published the 2013 ‘Agro Chemical’ report as knowledge and strategy partner for FICCI’s Third National Agrochemicals Conclave 2013. The report highlights the current scenario regarding the consumption patterns, future growth potential of crop protection industry in India and showcases the strategic […]
Tara Jewellers announces the opening of its 37th showroom, Tara`s first shop-in-shop format showroom at Shoppers Stop. The showroom, in the trend setting Fitch format, has a complete see through glass facade that showcases the browse wall, collection wall, consultation table and open workshop; a visual treat for the shopaholics. Source : Sachin Murdeshwar
Muttenz : Clariant, a world leader in specialty chemicals, today announced second quarter sales in 2013 from continuing operations of CHF 1.544 billion compared to CHF 1.527 billion in the prior-year period, an increase of 2% in local currencies and 1% in Swiss francs. Organic growth of 2% was entirely due to higher sales volumes. […]
Allahabad: ICICI Bank, India’s largest private sector bank, today organised a Coin Exchange Mela at its Civil Lines branch in Allahabad under the guidance of the Reserve Bank of India. The Coin Mela, which was organised to offer a free facility of exchanging currency notes with coins to the general public, has received an overwhelming […]
The BSE benchmark Sensex plunged by 245-points, extending losses for the fifth straight session, on heavy selling in oil & gas, power, PSU and auto stocks after RBI lowered its GDP forecast and kept interest rates unchanged, amid rupee again falling below the 60-mark. With almost six out of 10 stocks ending up as losers […]
The Reserve Bank has lowered the growth projection for the current fiscal to 5.5 percent from its earlier estimate of 5.7 percent and asked the govt to undertake policy measures to improve investment climate. “While the onset of the monsoon and its spread have been robust, the persisting weakness in industrial activity has heightened the […]
Describing the external sector as the biggest threat to macroeconomic stability, the Reserve Bank has urged the government to take immediate steps to narrow the current account deficit (CAD), which has hurt the rupee and overall growth. “The biggest risk to the macroeconomic outlook stems from the external sector,” RBI Governor D Subbarao said while […]
Weighed down by a weak rupee, the Reserve Bank chose to keep all key interest rates unchanged and asked the government to take urgent steps to reign in the high current account deficit. Lowering the GDP growth projection for the current fiscal to 5.5 percent from 5.7 percent, the central bank said the external sector […]
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