Business

July 29, 2011 8:36 AM

SEBI announces number of steps to attract more retail investors to market

The Securities and Exchange Board of India (SEBI), has announced a number of steps to attract more retail investors to the market. The market regulator has decided to introduce a new short and simple form for IPO investors. Speaking to reporters in Mumbai on Thursday , SEBI Chairman, U K Sinha said ...

July 28, 2011 10:10 PM

No EU members to detain Indian generic medicines

India and European Union- EU have reached an interim settlement under which none of its members will detain Indian generic medicines transiting through Europe on suspicion of intellectual property right (IPR) violations. Additional Secretary in the Commerce Ministry Rajiv Kher told reporters in New ...

July 28, 2011 10:10 PM

Ennore Port, JNPT to raise 2,000 crore rupees through tax-free bonds

The Shipping Ministry on Thursday said Ennore Port and Jawaharlal Nehru Port Trust will raise 2,000 crore rupees through the issue of tax-free bonds in the current fiscal. Speaking to reporters in New Delhi, Shipping Secretary K Mohandas said that Ennore Port and Jawaharlal Nehru Port Trust would ra...

July 28, 2011 9:52 PM

<br/><br/>No EU members to detain Indian generic medicines

India and European Union- EU have reached an interim settlement under which none of its members will detain Indian generic medicines transiting through Europe on suspicion of intellectual property right (IPR) violations. Additional Secretary in the Commerce Ministry Rajiv Kher told reporters in New ...

July 28, 2011 8:55 PM

Food inflation falls to a 20-month low

Food inflation fell to a 20-month low of 7.33 per cent for the week ended July 16, on the back of cheaper pulses, even as other items grew more expensive. Food inflation, as measured by the Wholesale Price Index, had stood at 7.58 per cent in the previous week, and at 18.56 per cent in the year-ago ...

July 28, 2011 5:55 PM

Ennore Port, JNPT to raise 2,000 crore rupees through tax-free bonds

The Shipping Ministry on Thursday said Ennore Port and Jawaharlal Nehru Port Trust will raise 2,000 crore rupees through the issue of tax-free bonds in the current fiscal. Speaking to reporters in New Delhi, Shipping Secretary K Mohandas said that Ennore Port and Jawaharlal Nehru Port Trust would ra...

July 28, 2011 5:54 PM

Direct tax collections to surge 25 per cent

Allaying fears of sluggish economic growth impacting tax collections, the chairman of the Central Board of Direct Taxes, Prakash Chandra on Thursday exuded confidence that the revenue targets for 2011-12 will be achieved. Chandra told reporters in New Delhi that the present indications are that dire...

July 28, 2011 5:49 PM

Food inflation dips to 20-month low

Food inflation fell to a 20-month low of 7.33 per cent for the week ended July 16, on the back of cheaper pulses, even as other items grew more expensive. Food inflation, as measured by the Wholesale Price Index, had stood at 7.58 per cent in the previous week, and at 18.56 per cent in the year-ago ...

July 28, 2011 5:47 PM

Exports from leather sector to triple

The government on Thursday said exports from the leather sector will triple in the coming years from the current about 4 billion US dollars. Giving the information, Commerce Secretary Rahul Khullar said in New Delhi, that the government has announced to set up state-of-the-art manufacturing centres ...

July 28, 2011 4:51 PM

Sensex down 223 points on global cues

Extending its losses for the third straight session, the Sensex at the Bombay Stock Exchange declined 223 points, or 1.2 percent, to 18,210, in line with falling global markets on Thursday. The Sensex has now lost more than 660 points in the last three trading sessions. The Nifty at the National Sto...

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