APN News

  • Friday, April, 2024| Today's Market | Current Time: 06:44:06
  • ‘India 11th most favoured for setting up MNC headquarters’

    India hosts about 158 large global companies having a revenue of USD 1 billion or more, making the country the 11 most favoured destination for setting up of a multinational corporation headquarters, says a report. According to an analysis by McKinsey Global Institute, as many as 158 global large companies have their headquarters in India […]

    Chaudhuri: Basel III norms prevented merging subsidiary

    Former SBI Chairman Pratip Chaudhuri has said the nation’s largest lender would have completed the process of merging a subsidiary but for the huge capital requirement due to the Basel III norms. “We have decided to merge one more subsidiary which we are pretty positive but because of Basel III impact, it is (delayed),” Chaudhuri, […]

    PowerMin seeks to revise tapering coal supply linkages

    The Power Ministry has asked the Coal Ministry to consider converting short-term coal supply pacts into long-term linkages for power plants that could not start output at captive mines in the absence of approvals. “Wherever coal blocks have been denied clearance due to wildlife or any other issues, MoC (Ministry of Coal) may consider converting […]

    India intends to extend on arrival visa for 40 countries

    India intends to extend visa on arrival facility to tourists from 40 more countries, including the US, the UK, Canada, Brazil, Australia, the UAE and Saudi Arabia, a move which will make the country a more tourist friendly destination and promote foreign exchange earnings. The Planning Commission has called a high-level meeting of different ministries […]

    FinMin wants FDI policy to cover warrants

    To streamline foreign investment procedures, the Finance Ministry has asked the DIPP to include warrants in the FDI policy and make it mandatory for holders to make full payment to companies within 12 months. “The Finance Ministry has written to DIPP to extend FDI regulations to warrants. The policy should stipulate that the payment by […]

    India begins power supply to Bangladesh, PM seeks shared prosperity

    India and Bangladesh have begun cooperation in the power sector in a bigway with the launching two projects – a 500 MW grid and 1320 megawatt Maitri MW Thermal station. The tranmission line of India-Bangladesh Grid Inter-connection at Bheramara in Bangladesh was commissioned this morning. This help supply of 500 MW of power from India […]

    5 kg Cooking gas cylinders to be launched today

    Union Minister for Petroleum Dr Veerappa Moily will launch the 5 kg Cooking gas cylinders which will now be available at petrol bunks. Moily will launch this availability from Bangalore . Cooking gas will now be available at select petrol pumps in metro cities after the Oil Ministry has allowed sale of small 5-kg cylinders […]

    CapitalVia-Equity market outlook

    By Mr. Vivek Gupta – Director Research Equity market outlook The market ended the week on a flat note. The 50-share index Nifty bounced back from support of 5700 and headed towards 5950 mark on the back of stronger rupee and weak US job data where it managed to close with the gain of 1.27 […]

    Another round of 2 per cent train fare hike from Oct 7

    Facing a cash crunch, railways has decided to increase passenger fare by about 2 per cent for the second time this year to offset additional financial burden of more than Rs 1200 crore arising out of the increased fuel and power cost. While the passenger fare hike would be effected from October 7, a parallel […]

    BoM conducted a programme for “Creating Awareness on Gender Discrimination for Women Employees

    Bank of Maharashtra conducted a programme for “Creating Awareness on Gender Discrimination for Women Employees” on 26.09.2013, under Mahabank Women Empowerment [Swashakti] at Lokmangal, Head Office, Pune specially for lady employees. The programme was inaugurated by Smt. Renu Gavaskar, Chief Guest & Director, Eklavya who addressed the gathering. The speakers were Senior Inspector Shri. Bhanupratap […]