Thursday, 1 August 2013

NEWS WRAP - JULY 8, 2013

  • FM confident of financing of Current Account Deficit this fiscal without drawing down Forex Reserves.
  • Petrol price hiked by 70 paise, Diesel by 50 per litre.
  • Rate of Interest Subsidy for exporters hiked from 2% to 3%.
  • Founder Shiv Nadar's daughter Roshni joins HCL Tech Board as a Non-Executive Director.
  • Gujarat Housing Board invites applications for Affordable Housing Schemes in Vadodara, Surat, Rajkot; applicants to get subsidy of up to Rs. 2 Lacs.
  • Chopper Deal : India receives Fresh Papers from Italy for Rs. 3600 crore VVIP Helicopter Deal.
  • Rail Coach maker Bombardier Transportation initiates legal inquiry against workers of its Savli Facility.
  • Zee Entertainment to launch a set of New Channels under brand '&', '& Pictures' to debut within a month.
  • CSR not just a Photo-op anymore, its driving Social Transformation: Debate at Inter Brand - The Economic Times 'Best Indian Brands'.
  • SEBI imposes a consolidated penalty of Rs. 1 crore on Golden Tobacco Limited for violation of Listing Agreement and other regulations.
  • Mundra Port overtakes Kandla Port to emerge as India's largest port by tonnage.
  • Indians among top Foreign Investors in Dubai Real Estate Market.
  • Spykar promoters in talks with private equity firm - India Value Fund Advisors (IVFA) to sell 15% stake.
  • ONGC Videsh's operations in Russia may have to pay for Sistema's Indian woes.
Source: Economic Times

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