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Saturday, June 11, 2011
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Industrial growth halves in April
Pranab Mukherjee says he will wait for more data to ascertain the trend
Lesser weightage for manufacturing in new series
NEW DELHI:The Centre on Friday released a new series for Index of Industrial Production (IIP) to provide for a much closer reflection of the present industrial scenario. A major highlight of the new series is a change in the base year ...
Exports record an impressive 57 % growth in May
NEW DELHI: Riding on the back of the renewed demand from the traditional markets in West and Europe, India's exports grew by an impressive 56.9 per cent at $25.9 billion in May year-on-year. Imports also went up by 54.1 per cent to $40.9 ...
Bharti sells entire stake in insurance JVs with AXA to RIL
NEW DELHI: After nearly five years of its association, the Bharti group on Friday exited from its financial services joint ventures with French firm AXA and sold its entire 74 per cent stake in general and life insurance businesses to Mukesh ...
Tata Motors gets largest single order from SVL
MUMBAI: Tata Motors has received its largest order ever of medium and heavy commercial vehicles (M&HCV) from a single fleet owner. The order from Siddhivinayak Logistics (SVL) is to supply 1,111 M&HCV trucks, to be delivered during the ...
Silver ETFs only after resolving disputes
MUMBAI: The Forward Markets Commission (FMC) would not allow new exchange traded funds (ETFs) in silver till regulatory disputes are resolved. “ETFs should generally be traded in the commodity exchanges and we think the gold ETF ...
Poor IIP data pull down Sensex
The BSE benchmark index sheds 116 points at 18269
Glodyne Technoserve to buy Comat Tech
MUMBAI: Glodyne Technoserve on Friday announced the acquisition of Comat Technologies, a leading provider of e-governance services in India for an undisclosed sum. Glodyne is among the largest technology infrastructure management services ...
Garden Reach eyes more export orders
KOCHI: After bagging its first overseas contract to build an offshore patrol vessel for the Mauritius Police, Garden Reach Shipbuilders and Engineers (GRSE), a mini-ratna PSU, is now awaiting government clearance to secure more lucrative ...
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