The repository service for over-the-counter foreign exchange derivatives by CCIL is to be launched on Monday. The deputy governor of RBI, Dr Subir Gokarn said that the country is among the first to have this capacity. In order to ensure the national regulators have access to all relevant information, he said that the G-20 countries […]
For a long time, PepsiCo has being focusing on battling their long rival Coca-cola when it comes to selling carbonated drinks. Now, PepsiCo is entering a new market where they intend to sell yogurts. This month, the company will be selling yogurts on Northeast and on mid-Atlantic States. With this, the company will now be […]
The kitchen ware industry had been doing quite well these days, which is the reason why kitchen appliances maker TTK Prestige Ltd had posted a net profit of Rs 31 crore in Q1 of the current fiscal. Compared to their revenue last year of the same quarter this new value is 21 per cent higher. […]
Quadria Capital Investment Management is planning to raise a $300-million healthcare fund. This plan will be participated by Religare Enterprise. According to Amit Verma, managing partner at Quadria Capital Investment Management, Religare is committed to invest and amount of $15- 30 million for the said fund. Also, Verma added that they are aiming $100 million […]
Official sources have said that the Hindustan Paper Corporation Limited’s Jagiroad unit had a major loss due to the disruption of their work in four days. The disruption of work started July 4 and it just resumed its work recently. The Managing Director of the company at Kolkata P V Narasingha Rao personally visited the […]
Another restaurant chain will be opened by Jayaram Banan (Owner of Sagar Ratna) and this time it would be a restaurant that would offer vegetarian cuisine for customers who don’t eat onion and garlic. These are for the Jain and Marwari communities. The Jayaram Banan is the founder of Sagar Ratna and Swagath. According to […]
Security in Chennai port is increased with placing high tech surveillance systems that will now closely monitor ships that will enter. Also, a vessel traffic management system will be installed at the port which will help the port become more efficient when it comes to tracking vessel movements. The surveillance has the capacity of covering […]
The foreign direct investments in India have been doing well with a 30 per cent increase amidst some problems in the country due to slow pace of reforms. Though this is a good news, the government should look at their reform programs well in order to win the favor of foreign investors. It would surely […]
