News
17-Jun-08
Headlines for the day
Corporate News Headline
Reliance Industries is planning to borrow USD 1 bn to fund its expansion projects. (Bloomberg)
Tata
Steel and Rawmet Ferrous Industries entered into an agreement with
Jasper Industries for a Rs. 6.75 bn coal-based power project. (BS)
JSW
Steel formed a joint venture in Georgia to make roads to meet rising
demand for construction steel in Eastern Europe. (Bloomberg)
Economic and Political Headline
The
Finance Minister asked bankers to shed their "conservative" attitude
towards lending to entrepreneurs as he announced a commitment to pump
in nearly Rs. 10 bn additional fund to an initiative to promote the SME
sector. (ET)
On
the issue of tax cut on petro products, the states government asked the
Centre to share 50% of Rs. 80 bn revenue loss caused by tax and duty
reduction on fuels. (ET)
The
annual inflation in the euro zone rose to a high of 3.7% in May due to
a continious increases in food, fuel, and housing prices. (WSJ)
17-Jun-08
Headlines for the day
Corporate News Headline Reliance Industries is planning to borrow USD 1 bn to fund its expansion projects. (Bloomberg) TataSteel and Rawmet Ferrous Industries entered into an agreement with
Jasper Industries for a Rs. 6.75 bn coal-based power project. (BS)
JSWSteel formed a joint venture in Georgia to make roads to meet rising
demand for construction steel in Eastern Europe. (Bloomberg)
Economic and Political Headline TheFinance Minister asked bankers to shed their "conservative" attitude
towards lending to entrepreneurs as he announced a commitment to pump
in nearly Rs. 10 bn additional fund to an initiative to promote the SME
sector. (ET)
Onthe issue of tax cut on petro products, the states government asked the
Centre to share 50% of Rs. 80 bn revenue loss caused by tax and duty
reduction on fuels. (ET)
Theannual inflation in the euro zone rose to a high of 3.7% in May due to
a continious increases in food, fuel, and housing prices. (WSJ)
0 comments:
Post a Comment