List
of articles posted on 24-Aug-2007.
Markets in the red on account of political uncertainity
Friday, August 24, 2007 www.indiainfoline.com
(
Politics , Stock market
)
The stock market on Thursday closed in the red on account of political uncertainity as the Left threatened to withdraw support to the UPA coalition. Inspite of a firm trend across global markets, the benchmark BSE Sensex closed at 14,163, down 85 points or 0.6% and the Nifty closed at 4114, down 0.9%.
Tags :
Political-Uncertainity
Sensex
Nifty
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Comments | Submitted by : mumbaikar
Motilal Oswal's IPO subscribed 27 times
Friday, August 24, 2007 www.indiainfoline.com
(
Stock market
)
Motilal Oswal Financial Services Ltd.'s initial Public Offering (IPO) was subscribed more than 27 times. According to the NSE, the company had received bids for 81.53mn shares against the issue size of 2.98mn shares. The price band for the IPO which opened on August 20 was fixed at Rs725 to Rs825 per share.
Tags :
Motilal-Oswal
IPO
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Comments | Submitted by : newshound
Top 4 US banks borrow from US Fed
Friday, August 24, 2007 www.indiainfoline.com
(
Finance
)
The four biggest US banks namely Citigroup, Bank of America, JPMorgan and Wachovia have each borrowed $500m from the US Federal Reserve. This is a symbolic move considering the fact that all the banks borrowing from the central bank can obtain less-expensive funds elsewhere.
Tags :
Federal-Reserve
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Comments | Submitted by : mumbaikar
PM approves North-East Railway project
Friday, August 24, 2007 www.indiainfoline.com
(
Development
)
Dr. Manmohan Singh, the Prime Minister, has given his approval for the funding of the Bogibeel Rail-cum Road Bridge and the Rangia–Murkongselek gauge conversion projects, which would cost Rs19.80bn. The Railways would be provided additional Budgetary support, in the form of a fund called the “ North East Rail Development Fund” which will be set up to ensure the timely completion of the projects.
Tags :
Railways
Development-Fund
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Comments | Submitted by : newshound
Builders of IT parks to strike gold
Friday, August 24, 2007 economictimes.indiatimes.com
(
Cities , Business
)
As per a new resolution of the state government with regard to changes in the FSI rules for IT/ITeS parks, the builders will be enabled to make a much more profitable use of 100% extra floor space index (FSI) granted to them for IT/ITeS parks. A portion of the extra FSI can be used by the builders for establishments which provide financial services such as banks, insurance companies etc.
Tags :
FSI
Builders
IT-Parks
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Comments | Submitted by : mumbaikar
Shibu Soren to appear before Giridih court today
Friday, August 24, 2007 sify.com
(
Crime , Politics
)
The leader of the Jharkhand Mukti Morcha (JMM) Shibu Soren, who is currently awaiting his release order after being acquitted in the Shashnath Jha murder case, will appear before a Giridih court on Friday. The former Union minister, who could not be released from the Dumka central jail on technical grounds, will most likely be released this evening.
Tags :
Shibu-Soren
Release
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Comments | Submitted by : newshound
CPI(M) softens stance on N-deal
Friday, August 24, 2007 www.ndtv.com
(
Politics
)
The CPI(M) has reportedly softened its stance on the stand-off with the UPA coalition government regarding the nuclear deal. The General Secretary of the CPI(M), Prakash Karat said at a press conference that the Left did not want the crisis over the Indo-US nuclear deal to affect the government. The CPI(M) however, clarified that it is still opposed to the nuclear deal being operationalised and th
Tags :
Nuclear-Deal
Coalition
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Comments | Submitted by : mumbaikar
'We want moderate, modern Pakistan' : US
Friday, August 24, 2007 www.expressindia.com
(
Politics , Nations
)
The US responded to the Pakistani Supreme Court's verdict that allowed exiled former prime minister Nawaz Sharif to return home, saying that it wanted to see a moderate, modern and democratic Pakistan.
Tags :
Nawaz-Sharif
Exile
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Comments | Submitted by : newshound
US refuses to comment on nuke deal
Friday, August 24, 2007 www.expressindia.com
(
Foreign Affairs
)
The US refused to be drawn into the debate over the civilian nuclear deal, which is threatening to topple the UPA coalition government in India. While refusing to comment on India's internal debate on the 123-Agreement, the US held that both New Delhi and Washington were committed to it. The US spokesman said, "I won't be commenting on internal Indian matters, but that's a discussion that they|
Tags :
Nuclear-Deal
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Comments | Submitted by : mumbaikar
25 killed in Mexico due to Hurricane Dean
Friday, August 24, 2007 www.expressindia.com
(
Foreign Affairs
)
The death toll due to the Hurricane Dean which has triggered deadly mudslides in Mexico has crossed 25. Large portions of the country were drenched and river levels were rapidly swelling, thus increasing the risk of loss of more lives.
Tags :
Hurricane-Dean
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Comments | Submitted by : newshound
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