Govt under fire from ally, Opp on fuel price hike

The fuel price hike saw the government coming under fire from ally Trinamool Congress and political rivals BJP and Left parties which decided to hit the streets on the issue while AIADMK demanded an immediate rollback of the increase.

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Stock market wealth grows Rs 1.57 lakh crore

The total investor wealth, measured in terms of cumulative market capitalisation of all listed companies, rose to Rs 65,67,848.15 crore -- up by Rs 1,57,357 crore from its yesterday's level.Read More »

No deadlock over Posco, work to go on: Orissa govt

Orissa chief secretary B K Patnaik , who reviewed the progress made so far in the Rs 52,000-crore project, said the state government would acquire the required land peacefully.Read More »

 

Mixed picture on bilateral policy achievements

Discussions with representatives of the Indian private sector, also in Washington this week in parallel to political leaders’ meetings, suggested that there was similar concern within India on the quality of the investment climate.Read More »

Birla Surya to invest $1.2 b in silicon wafers unit

Birla Surya, part of the Yash Birla group, on Thursday announced that it would invest $1.2 billion (about Rs.5,400 crore) in the next five years to build the country's first largest integrated facility for fabrication of multi-crystalline silicon wafers.Read More »

 

General Motors shelves small car project in India

“It (small car) was under discussion when the Rs. 1 lakh car (Nano) came in. We have reached a decision point that it is not right for us,” General Motors India (GMI) President and MD Karl Slym told reporters.Read More »

Sensex down 41 points in opening trade

The BSE benchmark Sensex fell by over 41 points in opening trade on Thursday, extending yesterday’s losses on continued selling by foreign funds and retail investors amid weak cues from global markets.Read More »

 
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