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After four months of intense selling, overseas investors turned net buyers in February and have so far pumped in over Rs 5,800 crore in the capital market, enthused by clarity on FPI taxation.
The company, which is aiming to be among the top three Indian consumer durables makers in next five years, is growing at almost 100 percent in air-conditioner segment and in excess of 25 percent in other categories such as refrigerators, he said.
Tamil Nadu chief minister J Jayalalithaa is not very happy with the UPA government's decision to go ahead with its Food Security Ordinance. She says the Food Security Bill will cost her government an additional Rs 1,800 crore, report CNBC-TV18‘s Poornima Murali and Kritika Saxena.
