The Indian environment watchdog today issued notices to the German auto giant and the government seeking their response to a petition filed by a school teacher who is seeking a ban on the sale of all Volkswagen group cars in the country till the company has rectified its faulty engines, which violate the emission norms.
Posts tagged MC
NGT issues notices to VW, govt over PIL; hearing on Dec 23 (30-11-2015)
Apr-Oct fiscal deficit Rs 4.11 lk cr; 74% of FY16 estimate (30-11-2015)
Total spending during this period stood at at Rs 10.22 lakh crore, 57.5 percent of FY16 estimate, and net tax receipts for the period stood at Rs 4.29 lakh crore. Non-plan spend was Rs 7.51 lakh crore, 57.2 percent of FY16 estimate, and Plan spend was Rs 2.71 lakh crore, 58.2 percent of FY16 estimate
October core sector flat at 3.2%; coal production grows (30-11-2015)
The government data released today showed that coal production grew at 6.3 percent versus 1.9 percent growth month on month (M-o-M). However, crude oil production for the month of October was down 2.1 percent versus 0.1 percent decline M-o-M).
Q2 GDP rises to 7.4% vs 7% QoQ, boosted by mfg, agriculture (30-11-2015)
India’s second quarter gross domestic product (GDP) grew 7.4 percent, compared to 7 percent in the previous quarter. This is slightly shy of the 7.5 percent figure a CNBC-TV18 poll of economists had forecast.
Sensex, Nifty end flat ahead of RBI policy, Nov auto sales (30-11-2015)
DBS Group expects the RBI to hold repo rate steady at 6.75 percent. “A combination of pending wage adjustments, uptick in CPI inflation readings, delay in supply-side fixes and external event risks (US Fed rate hikes) will leave the central bank on a cautious footing,” it says.
MF exposure to bank stocks hits record high of Rs 85,376 cr (30-11-2015)
Industry experts said that fund managers raised their allocation to banking stocks, especially private banks which have consistently beaten their public sector peers in performance and have lower non-performing assets (NPAs).
Sensex, Nifty choppy ahead of GDP data; ICICI extends rally (30-11-2015)
ICICI Bank (up 2.5 percent), Tata Motors (2.35 percent) and Bajaj Auto (2.16 percent) extended rally while Reliance Industries, HDFC, Sun Pharma, Bharti Airtel, ONGC, Coal India, Vedanta and NTPC fell more than 1 percent.
Sensex, Nifty end flat ahead of GDP data; Infosys gains 2% (30-11-2015)
Bajaj Auto, MM, Infosys, Tata Motors and ICICI Bank were top gainers while Bharti Airtel, NTPC, Vedanta, Coal India and Sun Pharma were losers in the Sensex.
Will add 50-75 branches in new B2C arm: Patel Logistics (30-11-2015)
Patel Integrated Logistics will dilute four to five percent of promoter’s stake to start a business-to-consumer arm catering to e-commerce segment, Areef Patel, Vice Chairman of the company said
Bharti Airtel commits Rs 60Kcr network investment in 3 yrs (30-11-2015)
This investment will be over and above the Rs 1,60,000 crore the company has already invested in its active and passive network, spectrum, fiber, submarine cables and systems till date.