Prohibitory orders under section 144 of the CrPC imposed in New Delhi area except Jantar Mantar Hundreds of people, mainly the young, Sunday continued their noisy protests against the gang-rape of a woman, sparking off sporadic clashes with polices. Having barricaded all roads leading …
Continue reading...Now, one person can start a company
This will give a chance to the entrepreneurs to enter the corporate world, without adding a family member to venture Passage of the Companies Bill in Parliament will pave the way for a new concept of ‘one person’ company’ (OPC). Under the Companies Act, 1956, it required at least …
Continue reading...Markets pause ahead of RBI policy
Markets ended lower on Monday, ahead of the Reserve Bank of India’s mid-quarter monetary policy review, weighed down by selling pressure in HDFC Group shares along with ITC and TCS. The 30-share Sensex ended down 73 points at 19,244 and the 50-share Nifty ended 22 points lower at 5…
Continue reading...L&T: Holding up in tough times
Larsen & Toubro (L&T) has continued to surprise the market with its steady order inflows this year. At the start of the year, when the company had conveyed that it would increase its focus on the hydrocarbon sector and expand its geographical footprint as part of its de-risking …
Continue reading...‘Committed to put economy back on high growth path’ – PM
PM says ‘excessive pessimism’ at home has hurt the country’s growth process Amid global slowdown impacting India as well, Prime Minister Manmohan Singh today said the government is committed to do everything to put the economy back on a high growth path of 8-9%. ̶…
Continue reading...JLR global sales rise 14% in Nov – Tata motor rallies
Sales in November increased in almost every major market with sales growing in China by 43% Tata Motors-owned Jaguar Land Rover today said its global sales in November increased by 14% to 29,893 units. During the month, Jaguar sold 4,031 vehicles, down 5% on “anticipation of the…
Continue reading...Retail investors warm up to public issues
With the primary market witnessing action after a fairly long time, retail investors are warming up to initial public offerings ( IPOs). The public offering of Credit Analysis and Research ( Care Ratings), which closes tomorrow, has already received nearly two times subscription in the r…
Continue reading...Gold expected to move northward in the coming week
Gold is expected to move up in the coming week as the European Central Bank (ECB) cut the Euro zone economic projections for 2012 and 2013, indicating a further interest rate cut. ECB expects the euro area economy to shrink 0.5 per cent this year, more than the 0.4 per cent contraction t…
Continue reading...Raymonds enters energy drink space
The textile firm todays forays into the energy drink category, where it is eyeing 20% market share in the next two years Textile firm Raymonds’ consumer good brand KamaSutra today forayed into the energy drink category, where it is eyeing 20% market share in the next two years. &…
Continue reading...BSP will vote in favour of UPA, says Maya – Markets Recover from days low
New Delhi: A day after Congress and its allies defeated the Opposition-backed motion over FDI in multi-brand retail in the Lok Sabha, the upper house, Rajya Sabha, is discussing the issue on Thursday. The government had sailed through in Lok Sabha after the Samajwadi party and Bahujan Sa…
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