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S R CORPORATE SERVICES was established in the year 2003, with an objective to provide quality solutions to its client so as to enable to efficiently manage their business in the Indian Market... |
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Shipping regulator extends helping hand to shipowners The Directorate-General of Shipping has extended a helping hand to Indian shipmakers who are facing severe financial constraints to expand their fleet, by suggesting innovative lease agreements and hinting at further fiscal incentives. L&T Finance to tap NCDs to raise Rs 500 cr L&T Finance, a fully-owned unit of Indian engineering conglomerate Larsen & Toubro, is planning to raise Rs 500 crore through an issue of non convertible debentures (NCDs) this month. The issue this time comes with a shorter maturity of three years. Exporters seek sops in Budget 2010 Three months of consecutive growth have surely made life easier for millions of exporters but the real worry is far from over. With just few weeks for the Budget 2010-11, concerns over a pull back on incentives is already looming large. Specialty hospitals go into cost-cutting mode Specialty hospital chains are keen to spread into smaller towns and the biggest cost benefit seems to come from using pre-used medical equipment. Reliance MediaWorks objects to INOX-Fame deal The Anil Dhirubhai Ambani Group's (ADAG) Reliance MediaWorks has objected to theatre chain INOX buying a controlling stake in rival Fame India. The company said the deal is against the interest of minority shareholders and has flouted the SEBI’s takeover code. Govt may subsidise purchase of farm equipment in Budget Makers of farm equipment might land up getting a huge bonanza in Budget 2010-11. Sources say the government may subsidise purchase of farm equipment with the aim to help farmers and processing units with mechanisation. Jubilant Foodworks dazzles on debut When it comes to delivery on time, no one could beat Jubilant FoodWorks, which runs Dominos fast food retail chain in India. So much so that despite the markets being in choppy waters, Jubilant made a fantastic market debut listing at 11 per cent premium. Centre expects economy to grow by 7.2% in 2009-10 Strong growth in manufacturing and mining sectors has propped up hopes of economy growing by 7.2 per cent in financial year 2009-10, against 6.7 per cent a year ago. But that’s still short of the RBI's revised estimate of 7.5 per cent and much lower than the finance minister's hope of touching 8 per cent. Govt expects economy to grow by 7.2% in FY10 The govenrment on Monday estimated the economy to grow by 7.2 per cent for this financial year 2009-10. According to Planning Commission Deputy Chairman Montek Singh Ahluwalia, the stimulus has succeeded and we should begin to phase it down. Sensex ekes out marginal gains in volatile trade Key benchmark indices logged marginal gains after swinging sharply either ways in highly volatile trade. The BSE 30-share Sensex was provisionally up 27.37 points or 0.17% to 15,943.02, up 291.03 points from the day's low and off 118.39 points from the day's high. |
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