Chief Minister Raman Singh announced the launch of ‘Chief Minister Health Insurance Scheme’ while presenting the state budget 2012-13 in the Chhattisgarh Legislative Assembly on Sunday afternoon. A provision of Rs 60 crore had been...
International Finance Corporation (IFC) will invest $60 m in Apollo Hospitals Enterprises Limited (AHEL). The fund raising is aimed to partially fund the hospital chain’s investment plan of $394 million.
FLAG Telecom (Reliance Communications-controlled) has filed a prospectus in the Singapore Stock Exchange to list and divest 75 per cent stake in the submarine cables business for $1.25-1.5 billion
Tata Steel and Wipro are among most ethical firm according to American think tank The Ethisphere Institute’s Most Ethical Companies (WME) list revealed. US, Great Britain, Japan, Portugal and India stood out for setting high...
As per Budget 2012 proposal Basic limit upon which No income tax will be levied has been raised to 2 lakh from 1.8 lakh. Income Rate of Tax Up to 2 lakh NIL From 2...
After missing the target for current year, Finance minister cautiously set a target of Rs. 30,000 cr from stake sale in public sector undertakings. He commented that government is committed in its effort to enhance...
Finance Minister Mr. Pranab Mukhrjee presented a very practical budget today. No big bang reform agenda and no huge social spending programs. Fiscal defit for current year is 5.9% and for the next year it...
Harisons Steel, a mumbai based company engaged in the business of manufacturing of stainless steel ingots and billets, has filed draft red herring prospectus (DRHP) with SEBI for initial public offering (IPO). Company plans to...
Mr Dinesh Trivedi, Railway Minister presented a pragmatic budget which addresses the fundamental issues such as Financial health and sustainability over long term. Unlike earlier railway budgets he raised train fares across classes. Some of...
Day before RBI’s mid-term policy review banks have showcased a stellar performance in todays trading session. Top Nifty gainers includes banks such as Punjab National Bank [stockquote]PNB[/stockquote] up more than 5%, Private sector banks also...
Founded in 2005 Chennai based StayZilla (formerly known as ‘Inasra’) has secured funding of Rs. 2.5 cr from Indian Angel Network (IAN). StayZilla.com, is an online hotel room booking firm which offers network of over...
Small Industries Development Bank of India (SIDBI) is under active consideration to launch an online platform that would help SME players start-up their businesses. Using technology to reach out to SME’s an interactive website called...