Fundamentals strong; growth to improve in second half: PM

Asserting that the fundamentals of the Indian economy are strong, Prime Minister Manmohan Singh has said GDP will improve in the second half of fiscal 2013-14 and that the government is commitment to get back to a sustainable growth rate of 8-9 percent.Addressing...

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Retro tax significant disincentive to do biz: Damodaran

Investors have been raising concerns about how it is difficult to do business in India. The government seems to have acted finely. A committee headed by M Damodaran, former chairman of the Securities and Exchange Board of India (SEBI), has recommended...

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Rahul Gandhi's 3-minute speech stuns India's ruling party

India's governing Congress party was thrown into confusion on Friday when Rahul Gandhi, who controls it with his mother Sonia, described the party's official policy of tolerance towards criminal members of parliament as "nonsense" and "wrong".Mr Gandhi...

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Nalco to pay Rs 322.15 crore as dividend to government

Aluminium giant Nalco has announced a total dividend payout of 25 percent, amounting to Rs 322.15 crore for 2012-13, as against 20 percent paid in the previous year.Also read: Nalco rejects Vedanta's request for alumina Announcing this after the Annual...

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Gold maintains buoyancy on rising demand, silver surges

Gold today extended rally at the domestic bullion market on the back of heavy buying from stockists and retail customers amid robust investment offtake. Silver also surged owing to sustained speculative demand as well as industrial support.Standard gold...

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Nationwide ban on earth mining for bricks and roads: NGT

In a blow to brick-kiln industry and road contractors, the National Green Tribunal has banned digging of earth across the country for making bricks and roads without prior environment clearance (EC).A bench headed by Justice P Jyothimani has directed...

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Heineken sewn up in Chinese trademark tangle

China became the world's copycatting centre by faking everything from Louis Vuitton bags and PhD diplomas to Apple stores. Now Heineken has become the latest multinational to face an intellectual property challenge - from a tiny Chinese sewing machine...

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Rahul Gandhi meets industrialists

Congress Vice President Rahul Gandhi today met a small group of industrialists including RP-Sanjeev Goenka Group chairman Sanjiv Goenka and banker Shikha Sharma.Others who were part of the meeting include Bengal Ambuja Housing Development Ltd MD Harshavardhan...

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Accenture expects revenue of $7-7.3 bn in Sept-Nov quarter

Global technology services and consulting company Accenture expects revenue in the September-November quarter to be in range of USD 7-7.3 billion. For fiscal September-August 2014, the firm has forecast revenue growth of 2-6 percent.The firm reported...

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Heavy rainfall expected in north Gujarat, south Rajasthan

The withdrawal line of southwest monsoon continues to pass through Kalpa, Hissar, Jodhpur and Nalia. Isolated rain and thundershowers are expected to bring down temperatures in Jammu &...

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SRS Holdings India merged with BTL Investments: SRS Real Infra

Sep 21, 2013, 07.02 PM IST SRS Real Infrastructure says that SRS Holdings India Limited, a promoter & Holding Company has been merged with one of the promoter group company namely, BTL Investments & Securities Limited. ...

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Santaram Spinners reappoints Fenil R Shah as director

Sep 21, 2013, 07.02 PM IST Santaram Spinners, in its annual general meeting on September 21, approved reappointment of Fenil R Shah as director; and RR Shah & Associates, chartered accountants as auditor of the company ...

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Madhusudan Industries reappoints directors, auditor

Sep 21, 2013, 07.02 PM IST Madhusudan Industries, in its annual general meeting on September 21, approved reappointment of Rajesh B Shah and Sanwar Mal Agarwal as directors; appointment of P K Shashidharan and Prem Chand Surana as directors;...

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SRS Holdings India merged with BTL Investments: SRS

Sep 21, 2013, 07.02 PM IST SRS Limited says that SRS Holdings India Limited, a promoter & Holding Company has been merged with one of the promoter group company namely, BTL Investments & Securities Limited. Like...

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BNR Udyog reappoints director, auditor

Sep 21, 2013, 07.02 PM IST BNR Udyog, in its annual general meeting on September 21, approved reappointment of T Bhardwaj as director; and Laxminiwas & Jain, chartered accountants as auditor of the company Like this...

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Richa Industries changes registered office

Sep 21, 2013, 07.02 PM IST Richa Industries has informed BSE that the Company has change its Registered office from V.P.O Kawnara, Old faridabad to Kheri-Jasana Road, Near Lingayas University Faridabad-121101 to Plot No-29, DLF Industrial...

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Nilachal Refractories reappoints directors, auditor

Nilachal Refractories reappoints directors, auditor Nilachal Refractories, in its annual general meeting on September 20, approved reappointment of Bhagwati Prasad Jalan, Vijay Kumar Agarwal and Niraj Jalan as directors; and P Mukhopadhyay & Co...

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Western India Shipyard reappoints directors, auditor

Sep 21, 2013, 07.02 PM IST Western India Shipyard, in its annual general meeting on September 21, approved reappointment of Ashwani Kumar, appointment of Ashok Kumar Agarwal as director; reappointment of S K Mutreja as whole time director...

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Banco Products reappoints directors, auditor

Sep 21, 2013, 07.02 PM IST Banco Products (India), in its annual general meeting on September 21, approved re-appointment of Atul G Shroff and Manubhai G Patel as directors; Shah & Co, chartered accountants as auditor of the company;...

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Supreme Tex Mart appoints S K Verma and Associates as cost auditor

Sep 21, 2013, 07.03 PM IST Supreme Tex Mart approved appointment of S K Verma and Associates as cost auditors of the company to conduct the cost audit for the financial year ending March 31, 2013. Like this story, share...

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IBM with Jaiprakash Associates to set electronic chip units

Two electronic chip manufacturing units, which entail a combined investment of Rs 51,550 crore and would enjoy government subsidy, are likely to be operational in the country in the next two years.Two consortia-- one led by Jaiprakash Associates in association...

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5-6% GDP may be new normal for India: Amansa Capital

Akash Prakash of Amansa Capital is of the opinion that there is a growing minority that believes 5-6 percent gross domestic product (GDP) is the new normal for India. So, unless there are significant reforms in terms of judicial reforms and the way bureaucracy...

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Rajan's policy will not have false optimism or pessimism

Hitendra DaveHSBCI think Raghuram Rajan had alluded to the impending September 20 monetary policy meet. The RBI's number one priority could be to just dispel some of the excessive doom and gloom which prevail. He mentioned it, the Finance Minister...

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Growth won't improve significantly: Martin Sorrell

Sir Martin Sorrell, chief executive officer, WPP talks about the growth prospects in world economies.Also read: 5-6% GDP may be new normal for India: Amansa Capital Below is the edited excerpt: Q: Could you give us an overview of what is happening...

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UTI uniquely positioned; get chance to strengthen co: Puri

Despite being mired in controversy, UTI MF is very uniquely positioned, says managing director Leo Puri. The country still needs an institution that is independent, is able to mobilize capital and deploy it productively, he says. He says this provides...

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Companies Act, 2013 - Rules 2

Published on Sat, Sep 14,2013 | 18:38, Updated at Sat, Sep 14 at 18:38Source : Moneycontrol.com  Companies Act, 2013 - Rules 2 The rules do not prescribe a class of companies that will have to rotate their auditors. Thank you @meinkampf13...

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Companies Act: 98 Sections Notified; Lawyers Worried!

Published on Sat, Sep 14,2013 | 18:39, Updated at Sat, Sep 14 at 19:13Source : Moneycontrol.com  The Ministry of Corporate Affairs notified 98 Sections of the Companies Act, 2013 on 12th September. These provisions of the Act do not...

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The Curious Case Of Fresenius Kabi: Strikes Again!

Published on Sat, Sep 14,2013 | 18:51, Updated at Sat, Sep 14 at 18:51Source : Moneycontrol.com |   Watch Video : In October 2012, the foreign parent of Fresenius Kabi, an Indian oncology drugs company, sold 9% of its stake via...

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Unsecured Secure?

Published on Sat, Sep 14,2013 | 18:51, Updated at Sat, Sep 14 at 18:51Source : Moneycontrol.com |   Watch Video : This month, The Firm deviated from law to talk about the consequences of a depreciating rupee and a deteriorating...

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