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Last updated: 07 Oct, 2009  
 Industry News


No ambiguity in gas price, quantity and tenure: RNRL
SME Times News Bureau | 24 Nov, 2009
There was no ambiguity in the agreed price, tenure and quantity of natural gas to be supplied by Reliance Industries Ltd (RIL) from the Krishna-Godavari fields, the counsel for Reliance Natural Resources Ltd (RNRL) told the Supreme Court Tuesday.
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IFC to provide $51 million financing to bank to help SMEs
SME Times News Bureau | 24 Nov, 2009
International Finance Corp (IFC), a member of the World Bank group, will provide trade financing of $51 million to Kotak Mahindra Bank as part of its effort to help small and medium enterprises (SMEs) hit by the global meltdown.
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Reliance Infrastructure awarded Rs.780-cr Haryana project
SME TImes News Bureau | 24 Nov, 2009
The Haryana government has awarded a Rs.780-crore contract to Reliance Infrastructure for four-laning the Gurgaon-Faridabad road, state officials said in Chandigarh on Monday.
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South Asian Petrochem drops project with Japanese firm
IANS | 24 Nov, 2009
Kolkata-based South Asian Petrochem Monday said it has dropped a project to build a polycarbonate plant in association with Asahi Kasei Chemicals Corp of Japan due to the global slowdown.
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Cost-cutting reduces HDFC Standard's capital needs
SME Times News Bureau | 24 Nov, 2009
Cost-cutting measures by private life insurer HDFC Standard Life Insurance Co. is likely to reduce its planned capital infusion by around Rs.100 crore to Rs.250 crore this fiscal, a top official said Monday.
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6 million tonnes of sugar to be exported this yr: USDA
SME Times News Bureau | 24 Nov, 2009
India, the world's largest sugar consuming nation, may import a record of six million tonne in the 2009-10 season due to a sharp dip in domestic production, the US Department of Agriculture (USDA) said in a report.
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Amended notice to Reliance Industries on insider trading
SME Times News Bureau | 23 Nov, 2009
India's markets watchdog has issued an amended notice to Reliance Industries Ltd asking why it should not be barred from accessing the stock markets under rules governing fraudulent and unfair trade practices.
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Credit outlook for Indian banks dim, says Moody's
SME Times News Bureau | 23 Nov, 2009
The credit outlook for the Indian banking system remains negative because of poor asset qualities and rising problem loans, according to global rating agency Moody's.
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Govt keeping close watch on steel imports: Steel minister
SME Times News Bureau | 23 Nov, 2009
Steel imports into India are under close government scanner after allegations by domestic steel majors of large scale dumping by China and East European countries, said Union Steel minister Virbhadra Singh on Monday.
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Life insurance industry to grow 15 pc current fiscal
SME Times News Bureau | 23 Nov, 2009
The life insurance industry in India is expected to grow by 15 percent this fiscal and may cross the Rs 2.5-lakh crore mark in total premium income by March-end, industry body Life Insurance Council said on Sunday.
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  Top Stories
» Manmohan outlines vision of strategic ties with US
» MSME Task Force to meet today
» Indian industry associations sign economic pacts with US firms
» Indian handicrafts cos to participate in Munich fair
» Leather cluster hit by rising rupee: media report
 
Commented Stories
» Central Sales Tax (CST) not brought down to 2 percent: report(11)
» 'SMEs must take advantages of e-marketing'(3)
» Making the web safer for business - the Tradeindia way(2)
» SBI's centralised SME loan process to ensure better loan processing(1)
» Foreign Exchange Management Act, 1999 (FEMA) Chapter III(1)
  Customs Exchange Rates
Currency Import Export
US Dollar
47.30
46.40
UK Pound
77.50
75.55
Euro
70.65
68.90
Japanese Yen 51.60 50.15
As on 25 Nov, 2009
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