26 out of 27 EU member states have backed a tax and budget pact to tackle the eurozone debt crisis. The 17 countries that use the euro have all agreed to the deal. Except UK,...
New Delhi, November 29, 2011 : The Ashok Piramal Group on Tuesday announced that it had entered into an agreement with IDFC Project Equity and Canada’s SNC-Lavalin to invest $300 million to develop roads under...
October 9, 2011 – New Delhi – Coal India (CIL) will be pulled up for missing its output target in the production target review meeting to be held this week, an official in the Coal...
October 09, 2011 – New Delhi, 8 cooperative banks failed in this fiscal so far, resulting in credit insurance company DICGC paying a little over Rs 143 crore to depositors. Out of the eight cooperative...
Sensex & Nifty : The BSE Sensex (Bombay Stock Exchange) drifted lower by 221.22 points to settle at 16,232.54 in the week under review. The Nifty of National Stock Exchange (NSE) also slipped by 55.20...
In order to create more jobs in America, top business and political leadership has sought more investments/ FDI into the country from India, China. Top business leader on Friday’s discussion at President’s Jobs and Competitiveness...
WORLD MARKET : London – Highlighting its concern of global economic tensions threatening the U.K. recovery, The Bank of England(BoE) decided Thursday to restart its program of asset purchases. BoE’s monetary policy committee voted to...
On 30th September 2011, Union Cabinet approved a new bill [The Mines & Minerals (Regulation and Development) Bill, 2011] aimed at regulating mining activities. The new mining bill proposes a profit-sharing system and higher royalties....
Japan’s leading firm Nomura Research Institute set to acquire 25.1% stake in Market Xcel Data Matrix for an undisclosed amount. Market Xcel offers solutions in the field of personalised research having a presence in metro...
COMMODITIES : Price divergence between the world’s top oil benchmarks creating a wreaking havoc among energy investor, Traders and Hedgers. Divergence between Western Texas Intermediate oil (WTI Crude) increasing from top global oil references Brent Crude....
TECHNOLOGY- NTT Communications Corporation (NTT Com) announced on September 29 that Arcstar (TM) Universal One, which enables enterprises to rapidly deploy cloud-based networks on a reliable, scalable basis, will soon expand from Japan to 159 countries...
WORLD MARKET – The German parliament on Thursday voted to increase the size and flexibility of the euro-zone rescue fund, providing an important victory for Chancellor Angela Merkel as she battles increasing public skepticism over...