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Anand Sharma also launched a broadside in opposition t the united states, accusing Washington of trade protectionism and making it difficult for Indian nationals to gain US visas.
Currencies have seen a great response when it comes to intraday reversal for all of the primary EMs; the Indian Rupee and the Indonesian Rupiah have been resilient in February.
The infrastructure player has also appointed service provider bankers for this asset monetisation and the talks of the stake sale are in advanced ranges
IVRCL's irrigation division has secured orders price Rs 2,492 crore while the water division's orders stood at Rs a hundred and crore, IVRCL noted in a submitting with the BSE.March 04, 2014 02:04 PM IST
The partnership contains Airtel's MPLS (Multiprotocol Label Switching) services supported by using its world network and Etisalat's Smarthub is the largest ability, content, internet and records hub within the core East.March 04, 2014 01:forty two PM IST
A consortium led by using the enterprise with partners equivalent to Tata tasks and Kalindee Rail Nirman would carry out the venture which contains construction of roadbed, bridges, music linking, out of doors S&T works, OHE (Over Head Equipments) and ordinary electrical works from Jhansi to Erich highway.
M&M is planning to divide its AFS product development division into two verticals -- auto and tractor.
Sameer Nagpal, MD & CEO, Shalimar Paints stated in the third quarter most paint businesses had viewed an impact on profitability because of greater commodity or raw fabric expenditures. That influence is being handed on to consumers in the course of the fee raiseMarch 04, 2014 12:50 PM IST
Leif Eskesen, Chief Economist for India & Asean, HSBC world research says third quarter GDP increase is in accordance with expectation. On the demand facet, weak spot nevertheless resides when in comes to deepest consumption and funding. He says, Indian healing needs to be investment-led for it to be sustainable.March 04, 2014 12:33 PM IST
Roy became arrested on Friday after failing to appear at a Supreme court docket hearing - which he says he ignored to take care of his in poor health mother - concerning a multi-billion-greenback Sahara investment scheme that changed into later dominated to be unlawful.March 04, 2014 12:30 PM IST
Capital First constrained The company will allot eighty lakh shares for Rs 128 crore to Warbug Pincus affiliate Cloverdell investment and yet another lakh shares to HDFC commonplace lifestyles assurance business for Rs 50 crore. submit the transcation, the Cap[ital First's combined Tier 1 and Tier 2 capital will enhance to Rs 1791 crore.March 04, 2014 12:25 PM IST
the brand new undertaking of retirement homes in Bangalore has already considered 25 bookings and q4 is bound to be better than Q3, says MR Jaishankar, chairman and managing director, Brigade business.March 04, 2014 eleven:12 AM IST
The executive had recently brought in a new method to pay fuel producers comparable to Reliance Industries, as informed by using the C Rangarajan panel. the new fuel pricing mechanism comes into effect from April 1 this 12 months and is expected to about double the costs from the current USD per unit.
in line with Jain, CERC's authority had already been upheld with the aid of APTEL and the Supreme courtroom.
With a networth of billion, Reliance Industries Ltd (RIL) chief Mukesh Ambani leads the pack of fifty six billionaires based mostly in India featured on the list.March 04, 2014 10:01 AM IST
Microsoft co-founder bill Gates has regained the title of the realm's richest man within the Forbes magazine's annual billionaire record that comprises fifty six India primarily based billionaires led by RIL Chairman Mukesh Ambani.March 03, 2014 10:01 PM IST
local newspaper studies mentioned Safaricom, which is 40 % owned by using Vodafone , will get Yu's infrastructure such as base stations in a bid to enhance the excellent of its network.March 03, 2014 09:fifty four PM IST
The Finance Ministry is working on widening the scope for issuance of foreign-listed securities by means of Indian businesses against debt, sources talked about. anyway, it is also because the alternative of giving ADR and GDR holders voting appropriate to make such securities greater appealing to overseas investors, they added.March 03, 2014 09:29 PM IST
IDBI owns percent equity in SHCIL, with the different shareholders being IFCI 33 per cent, GIC 14 percent and SUUTI and LIC with 17 every.March 03, 2014 09:28 PM IST
In a submitting to the BSE, Mcleod Russel India recommended that Phu Ben Tea enterprise Ltd, a step-down subsidiary in Vietnam, has signed an settlement for buy of a tea processing manufacturing facility in Vietnam "for a consideration of USD 820,000 plus VAT at the applicable price".March 03, 2014 09:16 PM IST
The date of fee of the period in-between dividend is mounted as April 2 and the dividend warrants may be payable at par at all branches of State bank of India, irrespective of the amount, it pointed outMarch 03, 2014 08:40 PM IST
With Maruti, the variety of agencies the place 22 % FII limit has been reached and further purchases may be allowed with prior approval of RBI has improved to 10.March 03, 2014 08:32 PM IST
The quantity obtained exceeds the executive's goal of about Rs 11,333 crore set for the latest fiscal, ending March 31, through about sixty one %. The executive obtained bids value Rs 62,162 crore in the public sale for 1800 Mhz and 900 Mhz bands.
The RBI spoke of the withdrawal is in conformity with the typical foreign apply of not having diverse collection of notes in circulation on the identical time.
Allahabad financial institution raised base expense or minimal lending rate through % to percent from latest percent.