Maharashtra Stationery Manufacturers and Traders Association, is going to conduct Stationery World 2012 in Mumbai, the dates of which have been decided between February 17th and 19th. It is a business to business (B2B) stationary trade fair. It is the fourth time this association is conducting a trade of this kind. It will have nearly […]
The Reserve Bank of India (RBI) released the Macroeconomic and Monetary Developments Third Quarter Review 2011-12 yesterday. This very document gives a preliminary idea of to the Monetary Policy Statement that is going to be released on January 24, 2012. Global and domestic factors have shown a strong negative effect on the Growth outlook, weakening […]
Reliance Industries, India’s biggest company by market value, is probably trying to cover-up its low performing shares by buying back shares at a maximum price of RS.870 each, about 10% premium over its current share price. Reliance will buy back up to 120 million shares, or 3.7% of outstanding equity. Citigroup and Bank of America-Merrill […]
Not only companies in India, but also foreign enterprises are seeing loss in their net income. International Game Technology (IGT), which is a global gaming company specializing in the design, development, manufacture, and marketing of electronic gaming equipment and systems products, including online and mobile solutions for regulated markets, declared on Tuesday that its net […]
The heavy industries ministry wants Prime Minister Manmohan Singh to stop the use of foreign equipment in ultra mega power projects. He said it is necessary to satisfy and serve the needs of domestic companies. He also expected that UMPPs bidders should get their equipment from domestic companies or enterprises that have an India origin. […]
Gartner Inc told on Tuesday that IT is planning to grow by $39 billion in 2012, a 10.3% increase from the previous fiscal year’s amount of $36 billion. IT Spending in the Indian enterprise is spread across all industry markets. The Indian enterprise is very much different from other markets in Asia/Pacific. IT is India […]
Reserve Bank of India declared that it’s not going to cut key policy rates or interest rates in the third quarter review of the monetary policy on Tuesday. This decision was taken keeping in mind the increased inflation risk. The same is the case with interest rates and liquidity pressure in the banking system. RBI […]
National Bank for Agriculture and Rural Development (NABARD) has taken an initiative to bring together 140 state co-operative banks and central co-operative banks on one platform for technology development. Statistics say that these 140 state and central cooperative banks have 4582 branches and administrative offices. Four central co-operative banks (CCBs) of Maharashtra, Latur, Kolhapur, Buldhana […]
