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Journalism of Courage
Govt to release IIP,CPI data after market hours
NEW DELHI: Key macroeconomic data including GDP and IIP numbers will now be released after market hours at 5.30 PM,said the ministry of statistics,This is being done in an apparent bid to prevent any knee-jerk reaction to such information .
OBC cuts lending rate by 25 basis points
New Delhi: Oriental Bank of Commerce has announced a cut in minimum lending rate to 10 per cent from 10.25 per cent.
SAT posts RIL arms case to September 25
Mumbai: The Securities Appellate Tribunal SAT on Wednesday admitted a petition by Reliance Petroinvestments Ltd,an RIL subsidiary,challenging the Rs 11 crore penalty imposed by Sebi for insider trading,and posted it for hearing on September 25.
Two more states join discom recast plan
New Delhi: Himachal Pradesh and Meghalaya have come forward to join Centres debt recast plan for ailing power distribution companies. So far Bihar,Andhra Pradesh,Uttar Pradesh,Tamil Nadu and Haryana have expressed interest in the scheme.
NLC employees strike enters eighth day
Cuddalore: The strike by employees of Neyveli Lignite Corporation against the Centres move to divest 5 per cent of its stake in the PSU entered the eighth day on Wednesday. Around 30,000 workers are on the strike.
Talks fail to end strike at Bajajs Chakan unit
Mumbai: Talks between the Bajaj management and its employees union on Wednesday failed to resolve the 16-day old strike at the companys Chakan plant over wage revision and other issues.
