Business / Economy
J&K to launch massive drive to recover Rs 2 cr from defaulter
By chennaivision at 21 July, 2009, 5:53 pm
Srinagar, Jammu and Kashmir government will soon launch a massive drive to recover Rs two crore from defaulter farmers in the Kashmir valley, where efforts are being made to motivate farmers to take up seed production in a big way.
Official sources said here today Minister for Agriculture Ghulam Hassan Mir has directed the [...]
FINMIN discussions with administrative ministries on divestment
By chennaivision at 21 July, 2009, 4:03 pm
New Delhi, Finance Secretary Ashok Chawla today said his Ministry has discussed with various other administrative Ministries the Public Sector Undertakings (PSUs) to be disinvested adding that equity of only listed companies would be offloaded in the market at an appropriate time.
In an interview to UNI, Mr Chawla said the government will [...]
Shriram announces NCD issue aggregating upto Rs 1,000 cr
By chennaivision at 21 July, 2009, 3:54 pm
Mumbai Shriram Transport Finance Company Limited (STFC), country’s one of the largest asset financing NBFCs, today announced its entry into the debt capital market on July 27 with a public issue of Non Convertible Debentures (NCDs) aggregating up to Rs 500 crores with an option to retain over-subscription of upto Rs 500 crores [...]
Read More >>Power projects in Arunachal to tame Assam’s flood: Khandu
By chennaivision at 20 July, 2009, 5:47 pm
Itanagar, Diffusing apprehensions regarding large dams in Arunachal Pradesh, Chief Minister Dorjee Khandu today said with power projects coming up in his state, Assam’s perennial flood problem would be substantially solved.
Mr Khandu said this while responding to the queries of media during a press meet here on the recent debate in the Assam Assembly [...]
Adani announces IPO opening on July 28, 30.16 cr shares on offer
By chennaivision at 20 July, 2009, 5:08 pm
Mumbai, Gujarat-based infrastructure major Adnani Power Limited, with an ambitious target of staking up 20,000 mw thermal power capacity by 2022 and implementing 6600 mw currently, today announced an Initial Public Offer (IPO) of 30.16 crore shares at Rs ten each, to be raised through 100 per cent book building process.
The Company, [...]
Dish TV hikes prices of set top boxes by Rs 100
By chennaivision at 20 July, 2009, 5:02 pm
New Delhi, Direct-to-home company Dishtv today announced an increase of Rs 100 on the price of its set top box (STBs) owing to the increase in customs duty on the import of STBs from Nil to five per cent.
”It was a necessary step due to increase in input cost as there has [...]
SRF Ltd gets land at Dahej from GIDC for expansion
By chennaivision at 20 July, 2009, 4:58 pm
New Delhi, SRF Ltd today said it has been alloted 294.4 acres of land at Dahej by Gujarat Industrial Development Corporation (GDIC) for its future expansion projects.
The company has been allotted land at Dahej - II industrial estate.
SRF is a diversified company, active in textiles, refrigerant gases, packaging films and pharmaceutical intermediates.
Guj NRE Coke posts 96% dip in Q1
By chennaivision at 20 July, 2009, 3:01 pm
Mumbai, Gujarat NRE Coke, a leading coking coal producer, today said its net profit declined by 96.14 per cent at Rs 3.64 crore for the quarter ended June 30, 2009, over the same period last year.
The company had a net profit of Rs 94.40 crore in the same quarter ended June 2008, coking coal [...]
Flawless Diamond gets 2 orders worth Rs 32 crore
By chennaivision at 20 July, 2009, 2:24 pm
Mumbai, Flawless Diamond (India) Ltd said today it received two orders worth Rs 32 crore for its diamond and designer jewellery from Hong Kong-based Malay Impex and Madrid Impex FZE in Dubai.
The orders are scheduled to be completed within 180 days, it said.
HP leads in Mahatma Gandhi Bunkar Bima Yojna
By chennaivision at 18 July, 2009, 2:15 pm
Shimla, Himachal Pradesh is one of the leading states in the country to implement the Mahatma Gandhi Bunkar Bima Yojna, said Industries Minister Kishan Kapoor.
While addressing the departmental officers in a review meeting here, the minister stressed upon the need to educate the masses about the scheme, so that maximum eligible persons [...]
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