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World & Business
India Forge & Drop Stampings Ltd - Final exit price
Delisting.in — The Exit Price ("Exit Price") determined through the Reverse Book Building Process as per the Guidelines is Rs 50/- (Rupees Fifty only) per equity share. The Acquirers Mr Dipak Raj Sood, Mr Samir Sood, Mr Kunal Sood, Ms Rupa Sood and Ms Malini Sood has accepted the Exit Price and that they will acquire all equity shares validly tendered at or below (Submitted by ankitsinghi) More…
Govt has clear targets for disinvestment of PSEs
smetimes.tradeindia.com — The government has set a clear target for the selection of companies for disinvestment of public sector enterprises (PSEs), said Arun Marai, Member, Planning Commission in New Delhi on Monday. However Marai clarified that the government has not set any timeline or target for disinvestment of these enterprises. (Submitted by smetimes) More…
Karzai Claims Mystery Helicopters Ferrying Taliban to North
jamestown.org — For several weeks now, Afghanistan has been consumed by stories of mysterious “foreign helicopters” ferrying Taliban fighters to a new front in northern Afghanistan. These helicopters are alleged by no less than President Karzai to belong to “foreign powers” such as the United States and its allies. The helicopters are said to land in remote region (Submitted by Occidentalist) More…
Ukrainian Signs In Turkish March: New Reality Of Energy Poli
eurodialogue.org — Extraordinary and Plenipotentiary Ambassador of Ukraine to Turkey The Prime Minister of the Republic of Turkey Recep Tayyip Erdorgan said one of those sayings, which perfectly characterizes current role of Turkey within international political and economic arena... (Submitted by y2009k) More…
Hiscox asserts health amid grim 2010 outlook | Insurance inf
insurancein.info — The UK specialist insurer says it will not promise extra pay-outs to investors even as rivals pledge special dividends and share buy-backs after experiencing a year of limited catastrophe losses (Submitted by grappo) More…
Foreign Investment Policy for LLP Firms under review
LLPOnline.in — New Delhi: The government has decided to clarify the foreign investment rules under the new limited liability partnership (LLP) framework. An official confirmed to FE that the ministry of corporate affairs has urged the department of industrial policy & promotion to work out the necessary guidelines as foreign investors are asking for clarity (Submitted by ankitsinghi) More…
Axa gets bullish and busy on acquisitions | Insurance inform
insurancein.info — The French insurer's attempt to take over the purely Asian part of Axa Pacific Holdings in an $11bn break-up deal with Australia's AMP highlights its ambition to mimic rivals such as Prudential (Submitted by grappo) More…
Low Cost Credit window for MSME will impart competitiveness:
smetimes.tradeindia.com — FIEO while commenting on RBI's data on the decline in non-food credit by banks to 9.7% vis-Ã -vis 29.1% in the corresponding period last year stated this was only part of the picture as overall fund flow vis-Ã -vis the previous year was constant. (Submitted by smetimes) More…
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