PM slated to meet India Inc on Aug 1
New Delhi: Prime Minister Manmohan Singh will meet corporate leaders on August 1 to discuss ways to improve the investment climate. India Inc had requested such a meeting with Singh. The meeting is expected to take up macro economic issues and slowing investments.
New policies,reforms key for Indias growth
Varanasi: India needs to go for new policies and economic reforms including opening of FDI in multi-brand retail to return to faster growth,US Ambassador to India Nancy J Powell said.
Vodafone CEO Colao meets Sharma
London: Vodafone CEO Vittorio Colao on Thursday met commerce minister Anand Sharma and is understood to have raised the issue of taxation which the company is facing in India.
MCX announces 4% growth in net profit
mumbai: Multi Commodity Exchange posted a 4% growth in its net profit at Rs 64.7 crore for the quarter ended June 2012.
Nomura chief resigns over trading scandal
Tokyo: Kenichi Watanabe,CEO of Japan’s Nomura Holdings,has announced his resignation,taking responsibility for a series of insider information leaks.
SBI installs first ATM at Drass
Chandigarh: State Bank of India has installed the first-ever ATM at Drass in J&K to serve local residents and army personnel.
US SEC,Justice Dept probing S&P
New York: McGraw-Hill,which owns the S&P ratings agency,says the US Department of Justice and the Securities and Exchange Commission are investigating whether S&P broke laws when rating certain investments.
Deutsche Securities picks up stake in SKS
new delhi: Deutsche Securities Mauritius has picked up 9.15 per cent stake in SKS Microfinance for around Rs 78 crore.