The Government may announce a 6% hike in the total Social sector and Developmental expenses in the upcoming Union Budget. Although Finance Ministry was a bit reluctant over the increase as due to the fiscal pressure, the planning Commission oversees the spending plan favoring to a reasonable increase. With the 6% hike, the Social and […]
For the quarter that had ended September 30, among the companies that noted an increase in net profit is Chambal Feritlisers and Chemicals. The company was able to post a 20 per cent increase in net profit at Rs 109.53. According to the company, they were able to generate a net profit of Rs 91.65 […]
A new facility of DSP BlackRock Investment Managers Pvt Ltd called the ‘m-Invest’ will allow investors to simply send an SMS or make a phone call to purchase or redeem their investments. This will surely make investing pretty easy. It will enable investors to have a registered folio and a mobile number with DSP BlackRock […]
A three-day exhibition is scheduled (expected dates) in Dubai on June 21-23 which will display the various properties of Indian property developers. This exhibition is expected to generate some business for these Indian Developers that would be worth around $54 million. People in the industry are looking for some good investments from expatriates. This will […]
The General Electric (GE) Group will be investing for a new greenfield facility which will be located in Chakan near Pune. This investment would cost around Rs 1,000 crore. This is part of the company’s expansion project aiming to improve their production and at the same time for them to offer their service easier and […]
People might have also observed the slowdown in the economy which would obviously affect every market in India. This might be a fact, but the Mercedes-Benz India did not let the slowing down of the economy affect their growth by ending 2011 business year with about 30 percent of sale increase. This just shows how […]
Farm products in India are contributing to the overall income of the country. Since agricultural products are being made in a fast pace, it has become a problem how these products are to be stored. It is really good news that a member of the World Bank Group which is IFC is providing USD 6.5 […]
Facilities for testing and quality are very important in a fast developing country. This is to make sure the country will not be left out with all the developments when it comes to electronic systems, materials and components. With this, the Defence Research and Development Organization (DRDO) in India decided to invest over Rs. 1,000 […]
