The venture was launched in association with Sankalp Retail, the master franchisee of America's Dollarstore International in India. Imported Bazaar offers the best of international brands like Kraft, Unilever, General Mills, Kellogs, Ferrero, Tony Guy, Quickburs and P&G in the
Meanwhile, the rupee ended 10 paise lower at 40.43/44 against a US dollar as stock markets crashed on global cues. The metal rose by Rs 220 to set a new record of Rs 13,100 per 10 gram in Delhi bullion
The issue received bids for over 5.74 crore shares against over 1.65 crore shares on offer, the latest data available on the National Stock Exchange show. A portion of the IPO reserved for qualified institutional buyers including foreign institutional investors,
The Cabinet Committee on Economic Affairs, at its meeting, approved Mauritius-based Ashoka Investment Holding and Ambadevi Mauritius Holding Ltd to invest USD 50 million (about Rs 195 crore) in SIL, an official spokesperson told reporters here. The investment by these
The amendment will allow making the best talent available to Central PSUs and would infuse more transparency and objectivity into the selection in PSUs," an official spokesperson told reporters after the meeting of the Cabinet. Candidates from state public sector
The majority (58 per cent) expect local economic growth to increase, 38 per cent expect the economy to maintain the same pace in the next six months as in 2007 and a mere four per cent expect a slowdown," HSBC
The Cabinet Committee on Economic Affairs approved implementation of a scheme for development support for coffee by the Coffee Board with an outlay of Rs 310 crore, which will enable coffee growers to access subsidy for re-plantation, upgradation and pollution
It has been seen that customers do not show an interest in taking cash memo from shopkeepers to save a few bucks by not paying VAT on purchased items. The government has come out with an idea to organise a
The cost to protect corporate and government bonds in the Asia-Pacific region from default plunged on optimism a Federal Reserve plan to inject $200 billion into the financial system will encourage lending.
The government has decided to issue oil bonds worth Rs 9,297 crore to PSU oil marketing companies, IndianOil, BPCL and HPCL, to partly compensate them for selling domestic LPG and PDS kerosene below cost during the October-December quarter.
The dollar fell to a record below $1.55 per euro on concern that the Federal Reserve's plan to provide funds to banks won't be enough to break the gridlock in money-market lending and stem credit losses.
State-owned telecom giant BSNL has to recover a whopping Rs 3,665.51 crore mainly from the private subscribers, an amount which equals to approximately half of the company's profit after tax for 2006-07 that is Rs 7,805.87 crore.
Luxembourg finance minister Jean- Claude Juncker, who heads a group of euro-area finance chiefs, said European officials are "very vigilant" on exchange rates after the euro rose to near a record against the US dollar.
Federal Reserve chairman Ben S. Bernanke's latest attempt to alleviate seized-up credit markets marks his most direct effort yet to repair the mortgage meltdown that poses the biggest threat to the US economy.
Robusta coffee price has touched a 13-year high on the back of tightening demand for the commodity in the international markets. But farmers across the globe are not in a position to celebrate the commodity fetching premium prices as they
The board of state-run NTPC has recently approved an investment of Rs 7,341 crore for 1,920 mw Barh super thermal power project stage-II power plant in Bihar.
The country's benchmark bonds gained the most in more than two weeks after a government report showed industrial production growth unexpectedly slowed in January.
