India’s Cabinet could as early as next month consider making it mandatory for state-owned oil, steel, coal and fertiliser importers to route at least half of their cargoes through local shippers as part of a broader agenda of Prime Minister Narendra Modi to shore up and protect the ailing sector, a government source said
Posts tagged MC
New rules to boost India shipping fleet: Source (13-10-2015)
India drafts rules to regulate Uber, other ride-hailing cos (13-10-2015)
The federal transportation ministry has asked states to ensure companies operate with call centres and their taxis follow emission norms, according to a six-page advisory issued last week
FDI in defence: Is the govt falling short on promises? (13-10-2015)
Data shows that in the period between September 2014 to June 2015 period, only USD 950 million have flowed into the sector.
Sebi issues format of uniform Listing Agreement (13-10-2015)
The format would be applicable for non-convertible debt securities, non-convertible redeemable preference shares, securitised debt instruments, mutual funds and specified securities (equity and convertible securities on main board, SME platform or Institutional Trading Platform) and Indian Depository Receipts (IDRs).
Will IndiGo IPO make rival SpiceJet look undervalued? (13-10-2015)
Experts believe IndiGo’s listing will only be sentimentally positive for the sector and any rerating in the existing listed stocks will happen only if there is an operational improvement.
Wholesale onion prices fall below Rs 30/kg at Lasalgaon (13-10-2015)
According to the data maintained by Nasik-based National Horticultural and Research Foundation (NHRDF), wholesale onion prices today declined to Rs 28.50 per kg at Lasalgaon from the peak Rs 57 per kg in August.
Over 2000 Indians have wealth over $50 mn: Credit Suisse (13-10-2015)
However, poverty continues to be a concern despite the strong rise in wealth. This is obvious from the fact that 95 percent of the adult population has wealth below USD 10,000, Credit Suisse says.
Maruti banks on Baleno to top premium hatchback segment (13-10-2015)
Baleno, which will be competing with the likes of segment leader Hyundai i20, Honda Jazz and Volkswagen Polo, will be sold through the company’s new premium network of showrooms, Nexa.
Debt market sees issuances worth Rs 1.89 lakh cr in Apr-Sep (13-10-2015)
As per the report, financial services segment continued to lead in the debt market with a share of above 72 per cent.
Sold 5 phones per second; focusing on new users: Snapdeal (13-10-2015)
Rahul Taneja, VP Category Management, Snapdeal, says the company experienced highest ever traffic with the e-tailer selling five phones per second.