The National Capital Goods Policy is formulated with the vision to increase the share of capital goods contribution from present 12 percent to 20 percent of total manufacturing activity by 2025, said the draft policy released by Department of Heavy Industries.
Posts tagged MC
Stable duty regime proposed to promote capital goods sector (23-10-2015)
Fitch affirms JLR ratings at ‘BB-‘ with positive outlook (23-10-2015)
“The ratings reflect our expectation that JLR Automotive Plc will continue to maintain sound profitability and a strong financial profile, despite a period of heavy investment to become a higher-volume premium manufacturer,” Fitch Ratings said in a statement issued from Singapore.
NSE issues new norms on tendering and settlement of shares (23-10-2015)
According to NSE, the new guidelines would facilitate orderly use of mechanism for acquisition of shares through stock exchange pursuant to tender offers under takeovers, buy back and delisting on web-based IPO bidding platform.
FTIL in process of selling rest 6.58% stake in IEX (23-10-2015)
For the remaining stake in electricity exchange IEX, the company had earlier this week entered into a share purchase agreement with MADISON India Opportunities III for sale of 1.58 percent stake.
Tata Motors launches bus dealership BusZone (23-10-2015)
BusZone would be equipped with a dedicated bus display area, professional sales and service teams, customer lounge including wi-fi connectivity and other services.
Need to check flaws in banking system: Rajan (23-10-2015)
“Our country is today facing number of challenges regarding implementation of economic reforms and we are putting it back on the right path by certain measures.” Rajan said.
Larger banks too will feel heat of payment bks: AK Purwar (23-10-2015)
Former chairman of State Bank of India AK Purwar says even larger banks will start feeling the heat and pinch of this, not just midcap and small banks. In a neck and neck competition, he says: “It will become a question of survival of the fittest.�
PM to hold many bilateral talks during India-Africa summit (23-10-2015)
External Affairs Ministry Spokesperson Vikas Swarup said Modi will hold one-on-one talks with leaders of the African continent between October 28 to October 30.
Vedanta mulls sweetening Cairn India merger swap ratio (23-10-2015)
According to the deal proposed by Vedanta, minority shareholders of Cairn India will receive one equity share in Vedanta for each share held, along with one 7.5 percent redeemable preference share with Rs 10 face value.
Hold Wipro; target of Rs 610: Emkay (23-10-2015)
Emkay has recommended hold rating on Wipro with a target price of Rs 610 in its research report dated October 21, 2015.