Search Results for: economic recession

myanmar-attracts-japanese-housing-companies-and-car-manufacturers

Myanmar attracts Japanese housing companies and car manufacturers

Tokyo, Nov 12 (ANI): Myanmar's transition to a democracy has opened new vistas for foreign companies. The country is now looking for better urban infrastructure and rapid economic development. Recently, "The Building and Housing Seminar between Myanmar and Japan" was held in Yangon to deepen cooperation between the two countries. Japanese companies have shown great interest in Myanmar's growing building and housing business. The delegates exchanged information about areas that could be tapped. Rinnai, a Japanese gas appliances company, produces the most efficient water heater in the market. It plans to contribute to the local society by promoting its energy efficient products in Myanmar. Nov 12, 2013
pepsico-plans-to-invest-rs-33000-crores-in-india-by-2020

PepsiCo plans to invest Rs. 33,000 crores in India by 2020

New Delhi, Nov 11 (ANI): PepsiCo, the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, plans to invest Rs. 33,000 crores in India by 2020 to expand its presence in the country, its Chief Executive, Indra Nooyi said on Monday. Nooyi also added that PepsiCo shows great confidence in the country and its long-term growth prospects. Nov 11, 2013
bse-closes-points-163-27-down-on-november-11

BSE closes points 163.27 down on November 11

New Delhi, November 11 (ANI): Trading at the Bombay Stock Exchange today closed 163.27 points down to stand at 20502.88. At the National Stock Exchange the Nifty closed 61.95 points down to stand at 6,078.80. Tata Communications and Divi's Lab were among the top gainers of Group A with an increase of 9.65% and 8.00% along with Adani Enterprises Ltd and Zee Entertainment with an increase of 7.26% and 5.44% respectively, while the top losers of Group A include HDIL and Dena Bank with a decrease of 8.69% and 6.88% along with GMR Infrastructure Ltd and Yes Bank with a decrease of 6.20% and 5.95% at the close of the markets. The Auto sector is down 141.28 points at 11,887.96, while the banking sector is down 173.33 points at 12,285.62 and the realty sector is down 40.97 points at 1,302.70. The Indian currency is down 1.26% at Rs 32.36 per dollar. Nov 11, 2013
india-warns-chronic-defaulters-of-service-tax

India warns chronic defaulters of service tax

Chennai, Nov 09 (ANI): Union Finance Minister, P Chidambaram, has warned tax defaulters of service tax and urged the non-filers to take advantage of the scheme that waives interest and other penalties. The Finance Minister was speaking at an interactive session on Voluntary Compliance Encouragement Scheme (VCES) - 2013 in Chennai on Saturday and called on non-payers to come clean before December 31, 2013. Under VCES - 2013, an Indian government amnesty scheme, one is offered a chance to make onetime payment of service tax dues for the period of October 1, 2007 to December 31, 2012, without interest and penalty. Nov 9, 2013
india-kuwait-agree-to-strengthen-relations-and-expand-ties

India, Kuwait agree to strengthen relations and expand ties

New Delhi, Nov 09 (ANI): Prime Minister Manmohan Singh said that India and Kuwait have agreed to work purposefully to expand relations in key areas, including energy and investments. Singh had delegation levels talks with the Prime Minister of Kuwait Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah. Singh said that the relationship between India and Kuwait was enriched by the great warmth and goodwill shared by the two nations. During the meet, Singh addressed Kuwait as an extremely valuable partner in the economic sphere and that close relations between India and Kuwait were important for both the countries. Jabar reiterated the view of his Indian counterpart and stated that Kuwait and India have signed several agreements to strengthen the relations between both countries Nov 9, 2013
pm-stresses-on-need-for-strengthening-relations-between-india-and-china

PM stresses on need for strengthening relations between India and China

New Delhi, Nov 09 (ANI): Prime Minister, Manmohan Singh interacted with a delegation of Chinese students in New Delhi and said that relations between the two Asian giants needed to be strengthened. Emphasising on this economic- cultural relationship, Singh said that the need of the hour was to carry the multi- faceted relationship between the two nations forward. Nov 9, 2013
people-touch-the-vietnam-veterans-memorial-wall

Descendants Seek US Soldiers' Remains From Arunachal Pradesh

First Lt. Irwin Zaetz, 26, known as Zipper, was piloting a World War II B-24 bomber nicknamed "Hot As Hell" that went down untraceable in January 1944, with seven others. His nephew Gary seeks Indian government's help to find "unburied" remains of the crew. Nov 9, 2013
bse-closes-points-179-10-down-on-november-8

BSE closes points 179.10 down on November 8

New Delhi, November 8 (ANI): Trading at the Bombay Stock Exchange today closed 179.10 points down to stand at 20643.67. At the National Stock Exchange the Nifty closed 53.00 points down to stand at 6,134.25. Aurobindo Pharma and Indiabulls Real Estate were among the top gainers of Group A with an increase of 9.57% and 8.50% along with HDIL and Tech Mahindra with an increase of 5.59% and 5.56% respectively, while the top losers of Group A include Prestige Estates and Sun TV Network with a decrease of 7.09% and 6.42% along with United Breweries Ltd and Axis Bank with a decrease of 5.42% and 4.81% at the close of the markets. The Auto sector is down 79.42 points at 12,004.60, while the banking sector is down 198.62 points at 12,420.67 and the realty sector is up 16.01 points at 1,342.89. The Indian currency is down 0.35% at Rs 62.63 per dollar. Nov 8, 2013
bse-closes-points-82-73-down-on-november-7

BSE closes points 82.73 down on November 7

New Delhi, Nov 07 (ANI): Trading at the Bombay Stock Exchange today closed 82.73 points down to stand at 20812.21. At the National Stock Exchange the Nifty closed 30.10 points down to stand at 6,185.05. Muthoot Finance and Wockhardt Ltd. were among the top gainers of Group A with an increase of 9.37% and 6.92% along with Tata Steel and Mangalore Refinery And Petrochemicals Ltd. with an increase of 4.30% and 3.95% respectively, while the top losers of Group A include Neyveli Lignite and Bank of Baroda with a decrease of 7.96% and 5.91% along with HPCL and Indiabulls Real Estate with a decrease of 5.57% and 5.56% at the close of the markets. The Auto sector is down 113.32 points at 12,094.51 while the banking sector is down 290.33 points at 12,601.29 and the realty sector is down 38.05 points at 1,324.52. The Indian currency is down 0.24% at Rs 62.54 per dollar. Nov 7, 2013
new-general-strike-hits-greece

New general strike hits Greece

A general strike hits Greece, paralysing public services and disrupting transport as EU-IMF auditors work to finalise the recession-hit country's next budget. Duration: 01:00 Nov 6, 2013
bse-closes-points-287-65-down-on-november-5

BSE closes points 287.65 down on November 5

New Delhi, Nov 05 (ANI): Trading at the Bombay Stock Exchange today closed 287.65 points down to stand at 20951.71. At the National Stock Exchange the Nifty closed 71.90 points down to stand at 6,245.45. Jubilant Foodworks Ltd. and Torrent Power Ltd. were among the top gainers of Group A with an increase of 15.06% and 12.89% along with Shriram City University and IRB Infrastructure Developers Ltd. with an increase of 11.80% and 11.16% respectively, while the top losers of Group A include Shriram Transport Finance Company Ltd. and Gujarat Mineral Development Corporation Ltd. with a decrease of 5.11% and 4.41% along with Reliance Communications Ltd. and United Breweries Ltd with a decrease of 4.36% and 3.94% at the close of the markets. The Auto sector is down 45.10 points at 12,291.51 while the banking sector is down 160.23 points at 13,099.73 and the realty sector is up 1.95 points at 1,385.78.The Indian currency is up 0.07% at Rs 61.70 per dollar. Nov 5, 2013
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