Honda to up prices from Apr 1, Ford, GM likely to follow
Leading car-makers, worried by rising input costs are expected to take a call on whether to hike their product prices by end-this month, even as Honda Siel Cars India today said that it would up its prices by 2-3% from April 1.
Renault board to meet as spy case unravels
Carmaker Renault's board will hold an extraordinary meeting on Monday, a source said, as French authorities prepared to brief media on the now-unravelling industrial spying case that has gripped France.
Tax GDP ratio to reach 12-14%: FM
Finance Minister Pranab Mukherjee today made a case for raising the Tax GDP ratio to a "reasonable level" of 12-14% to enhance the government's capability to fund social sector scheme.
RBI to rewrite FEMA notification on foreign investment
The Reserve Bank of India (RBI) is rewriting the 11-year old Foreign Exchange Management Act's (FEMA) notification on foreign investment. The revised FEMA notification No. 20 will reflect the changes made to the FDI policies over the last 11 years.
Nuclear plants in India withstood quake, tsunami: NPCIL
The safety of these BWR plants was reanalysed a few years ago and was reviewed further by Atomic Energy Regulatory Board (AERB).
Opposition criticises budget proposals in Tripura
Terming the Budget proposal for the 2011-12 financial as anti-people and anti-development, opposition leader Ratan Lal Nath criticised Finance Minister Badal Chowdhury for taking the state''s economy to a bleak future.
India Inc's revenue up, margins likely to be hit in Q4
Rising commodity prices are set to hurt margins of India Inc in the on-going fourth quarter of FY 11, even though revenues are seen higher than the previous year, ratings agency Crisil today said.
Manipur presents Rs 6,886cr budget; no new tax imposed
Manipur Chief Minister O Ibobi Singh proposed no new taxes in the state's Rs 6,886-crore budget for 2011-12 presented in the Assembly on Monday.
Govt not to interfere in traditional mining in Meghalaya
Charged by the Opposition of failing of control unregulated coal mining, Meghalaya Mining Minister B M Lanong today maintained the government do not intend to disturb the ''customary rights'' of the people but said the new mining policy would try to strike a balance.
Centre not ready for common policy: Munda
The Centre is not yet ready for a common policy along with state government to address long pending problems of displaced people in the coalfield areas, Jharkhand Assembly was informed today.
FM promises to respond on healthcare service tax
Amid concerns by medical community on the proposed service tax on healthcare, Finance Minister Pranab Mukherjee today said in the Rajya Sabha that he would respond to the representations on tax issues next week.
PFC to raise Rs 5,300cr from infrastructure bonds
A public sector undertaking - Power Finance Corporation (PFC) - plans to raise Rs 5,300 crore from infrastructure bonds that opened on February 24, a senior PFC official said on Monday.
Intel, IFC inject $12m in Irish telco gearmaker
Intel Capital and International Finance Corp (IFC) will invest USD 12 million into Irish firm Altobridge, which specialises in making telecom network equipment for remote areas of emerging countries.
US millionaires say $7 mn not enough to be rich
More than four out of ten American millionaires say they do not feel rich. Indeed many would need to have at least USD 7.5 million in order to feel they were truly rich, according to a Fidelity Investments survey.
Massive quake cost estimate hits insurers
Shares in European insurers fell steeply on Monday after analysts estimated over the weekend that the Japanese earthquake could cost the industry nearly USD 35 billion, making it one of the most expensive disasters ever.
Selan Exploration Technology to consider second interim dividend
Selan Exploration Technology has its Board of Directors meeting on March 17, 2011 to consider second interim dividend.
Hi-Tech Gears declares interim dividend at Rs 1.50 per share
Hi-Tech Gears at its meeting held on March 14, 2011 has declared interim dividend at 15 % i.e Rs 1.50 per share.
Zuari Industries acquires 20 lakh shares of Zuari Holdings
Zuari Industries has acquired 20 lakh shares of Zuari Holdings effective March 10, 2011.
HEG approves proposal of buy-back of equity shares
HEG at its meeting held on March 14, 2011 has approved proposal of buy-back of equity shares.
NHPC signs agreement with Mangdechhu Hydroelectric Project Authority
NHPC has signed agreement with Mangdechhu Hydroelectric Project Authority for providing engineering & design consultancy services.
SVC Resources; March 22, 2011 record date for bonus shares
SVC Resources has fixed March 22, 2011 as the 'Record Date' for bonus shares.
Jyoti Structures; March 24, 2011 record date for payment of interest on secured non convertible debentures
Jyoti Structures has fixed March 24, 2011 as the 'Record Date' for payment of interest on the secured non convertible debentures.
Crompton Greaves; April 11, 2011 record date for payment of third interim dividend
Crompton Greaves has fixed April 11, 2011 as the 'Record Date' for payment of third interim dividend on equity shares.
Hold Ahluwalia Contracts; target of Rs 135: Sushil Finance
Sushil Finance has recommended hold rating on Ahluwalia Contracts (India) (ACIL) with a target of Rs 135, in its March 14, 2011 research report.
