Friday, 30 August 2013

NEWS WRAP - AUGUST 30, 2013

  • Fresh trouble for FT; Group Firm IBMA found to be trading on MCX against Government rules, FMC seeks trade and exposure details.
  • Hit by RBI's new rules on Gold Import, Gitanjali Gems seeks Rs. 1000 crore additional loan from banks.
  • Cambay Hotels, owned by Neesa Group launched 'Cambay Gir Resort' in Sasan Gir; offers immaculate services.
  • Government to allow 100% Equity by Private Companies in Ahmedabad, Chennai, Kolkata, Jaipur Lucknow and Guwahati Airports for a period of 30 years.
  • Government to buy Gold from citizens and divert it to Precious Metal Refiners; a radical plan to Curb Imports and Ease Rupee Crisis.
Source: Economic Times

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