China : Corning Incorporated today broke ground on the previously announced $125 million expansion of Corning Shanghai Company Limited, Corning’s automotive substrate facility in Shanghai, China. Members of the Chinese government, employees, and customers attended the ceremony. The expansion is expected to be operational in the second half of 2012. “Today marks the second expansion […]
The govt informed the Rajya Sabha that it will dilute its stake in four more PSUs by the end of the FY’11, including Power Grid Corporation of India, which launched a follow-on public offer on Tuesday. “The government has decided to disinvest part of its shareholding in the following CPSEs — Steel Authority of India […]
Giving relief to mutual fund houses, the market regulator SEBI has said brokers would be responsible for sale and redemption of units being bought by investors from the secondary market. “Payment of redemption proceeds to the broker/clearing members by MF/AMC shall discharge MF/AMC of its obligation of payment to individual investor,” SEBI said in a […]
The National Stock Exchange on Tuesday said it has started mobile trading for registered clients, a move that would make trading simpler for the customers. The service will enable member brokers to only go through the regular compliance before facilitating their clients for mobile trading, National Stock Exchange (NSE) said in a statement. “This is […]
The Indian rupee depreciated marginally by 2 paise to Rs 44.39 a dollar in the opening trade on Tuesday, largely in tandem with dollar’s recovery against other currencies. However, FII inflows capped its losses. The domestic unit had ended 16 paise lower at Rs 44.37/38 a dollar in the previous session at the Interbank Foreign […]
After Monday’s losses, the Bombay Stock Exchange benchmark Sensex today opened almost 70 points higher on fresh buying by funds and retail investors. The 30-share index rose by 69.82 points to 20,922.20 points on the back of recovery in FMCG, metal and auto sector stocks. The index had lost 152.58 points in the previous session […]
Bangalore : In a historic moment in the U.S.-India strategic relationship, Intuit Inc.’s (Nasdaq: INTU) CEO Brad Smith was honored to play a role in the U.S.-India Business Council (USIBC) Presidential Executive Mission to India. Smith joined other private and public sector leaders from the United States and India to discuss innovation, education, and removing […]
BANGALOR: Subex Ltd, a leading global provider of Operations and Business Support Systems (OSS/BSS) for Communication Service Providers, announced today that it has been selected by one of the latest entrants in the telecom service provider space in India, to implement its industry leading ROC (Revenue Operations Center) Fraud Management and Revenue Assurance solutions in […]
The Reserve Bank of India has said that home loan disbursals rose by 20 percent to Rs 3.15 lakh crore in 2009-10 compared to the year-ago period, primarily helped by lower interest rate. In its report ‘Trend and Progress of Banking in India 2009-10′, RBI said that while home advances rose, loans for other retail […]
Finance Minister Pranab Mukherjee on Monday said the US remains a prime source of investment and an important trading partner for India. “Economic policy, finance and trade constitute important planks of our bilateral relations. For us, the US remains a prime source of investment, technology and an important trading partner,” Mukherjee said while addressing a […]
2. Ministry of Tribal Affairs trains Jharkhand tribal women to become truly `Aatmanirbhar’
3. India VS the British Indian Community: Divergent Attitude Towards Infidelity
1. Adidas Unveils Formotion Activewear, A Collection Inspired By Shapewear Technology
2. Queen of Stage Myriam Fares endorsed 2021 Spring collection now available in select REDTAG stores
4. Taneira Presents ‘Heritage’ – an Exclusive Range of Wedding and Bridal Sarees
1. Ministry of Tribal Affairs trains Jharkhand tribal women to become truly `Aatmanirbhar’
2. India VS the British Indian Community: Divergent Attitude Towards Infidelity
4. Flat 50% off Real Deals on Dineout’s Great Indian Restaurant Festival this March!