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Survey fails to lift market sentiment - Business Standard | Institutions, MFs lap up Emami's Rs 310-crore QIP - Economic Times | Survey for cutting taxes and radical reforms to buoy economy - Hindu | Defence | Sevmash asked to finish carrier for India - Livemint | Corporate | Tech Mahindra to raise stake in Satyam to 44% - Livemint | Oil cos to lose Rs 40000 cr if prices not raised: Citi - Business Standard | Life insurance penetration dipped in 2007: Economic Survey - Economic Times | Air India defers to pay salaries to junior executives - Economic Times

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Survey fails to lift market sentiment - Business Standard

BBC News

Business Standard
The Economic Survey data failed to have any impact on stock market indices today as traders chose to stay light before the Union Budget. Taking cues from the US markets, which were marginally up, the Asian markets, including India's, opened in the ...

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Institutions, MFs lap up Emami's Rs 310-crore QIP - Economic Times

Economic Times
KOLKATA: Foreign and domestic institutional investors, including mutual funds, on Thursday lapped up 100% of personal-care products maker Emami's QIP. The company mopped up around Rs 310 crore by issuing some 1,00,00000 equity shares of Rs 2 each at Rs ...

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Survey for cutting taxes and radical reforms to buoy economy - Hindu

Straits Times

Hindu
New Delhi (PTI): Reflecting the changed political alignment, the Economic Survey on Thursday sought radical financial reforms and tax cuts, accelerated disinvestment and freeing of oil and fertiliser prices to stimulate the economy. ...

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Defence | Sevmash asked to finish carrier for India - Livemint

Livemint
Severodvinsk, Russia: Russian President Dmitry Medvedev ordered shipbuilder Sevmash to complete the overhaul of an aircraft carrier, the Admiral Gorshkov, for India after delays and cost overruns. We should think of this as a first, very difficult ...

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Corporate | Tech Mahindra to raise stake in Satyam to 44% - Livemint

Livemint
Bangalore: Tech Mahindra Ltd said it may spend as much as Rs1,150 crore buying new shares from Satyam Computer Services Ltd, the software exporter that was at the center of India's biggest corporate fraud. The investment will increase Tech Mahindra's ...

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Oil cos to lose Rs 40000 cr if prices not raised: Citi - Business Standard

Indian Express

Business Standard
PTI / New Delhi July 2, 2009, 18:06 IST Making a case for further increase in petrol and diesel prices, financial firm Citi today said that oil companies may lose Rs 40000 crore in revenues if the prices are not aligned with international rates. ". ...

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Life insurance penetration dipped in 2007: Economic Survey - Economic Times

EconomyWatch.com

Economic Times
CHENNAI: Life insurance penetration in India dipped in 2007, first time since the sector was opened up for private players a decade ago, said the country's Economic Survey for 2008-09 released here Thursday. "The life insurance penetration in India ...

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Air India defers to pay salaries to junior executives - Economic Times

World News

Economic Times
MUMBAI: The national carrier Air India has deferred its earlier decision to pay salary on July 3, to junior executives of Air India and Indian Airlines, although the decision hasn't been officially communicated to the employees yet. ...

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Debt restructured, Maytas won't repay till 2012 - Moneycontrol.com

Moneycontrol.com
Banks have approved the corporate debt restructuring (CDR) for Maytas Infra, which will comprise both bank and non-bank funds. The Hyderadabad-based Maytas' debt repayment has been put on hold for a period of three years, Ved Jain, the company's board ...

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BSE technical glitch raises worries - Economic Times

Indian Express

MUMBAI: A volatile session, given a choppy trend overseas and just before the Union budget, would be normal. This is especially so when the market awaits key data or event like the Economic Survey released today, which painted a healthy picture for the ...

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India should end fuel price control-ministry - Reuters India

Indian Express

Reuters India
NEW DELHI, July 2 (Reuters) - India needs to end controls on prices of petrol and diesel to curb fuel demand, the finance ministry said in its annual economic survey on Thursday. The announcement comes a day after Asia's third-largest ...

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Inflation negative for third week; food items turn expensive - Hindu

Fresh News

Hindu
New Delhi (PTI): Inflation fell to minus 1.3 per cent for the week ended June 20, staying negative for the third week in a row, due to a high base effect even as prices of food like fruit and vegetables rose compared to the same week last year. ...

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