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Govt sets up Task Force to look into MSME sector demands
The government is setting up a high-level Task Force to address the problems of Micro, Small and Medium Enterprises (MSMEs) which have been demanding adequate financing and other incentives to tide over the economic slowdown.

ITC posts 26% rise in PAT at Rs 1,009 cr
ITC has posted a 26 per cent rise in net profit after tax (PAT) of Rs 1009.91 crore for the quarter ended September 30, 2009 as compared to Rs 802.7 crore for the quarter ended September 30, 2008.

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Small savings rate up for review
The government is beginning a review of the administered interest rate structure for small savings schemes and plans to set up a committee headed by a former Reserve Bank of India (RBI) governor to suggest a roadmap for possible decontrol.
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Bollywood says 'no shooting' in Australia

The ongoing attacks on Indian students studying in Australia have received a strong reaction from the Indian film fraternity. Sensex ends up 35pts In the past, Yash Raj Films has shot more than three movies extensively in the country. Chak De, Salaam Namaste and Bachnaa Ae Hasseno are some of the movies shot in Australia by the production house. Filmmakers have also come out in support of Indian students and have vowed not to shoot their films in Australia. Heyy Babyy, Singh Is King, Victory, Ta Ra Rum Pam, Dostana and Main aur Mrs Khanna (yet to release) are some of the recent movies shot in Australia. The Federation of Western India Cine Employees, which has a membership of 45,000, has also agreed to boycott Australia till the racist attacks on Indian students continue. Shooting in foreign locations has been part of the growing globalisation of Bollywood. Realising this, the Federation of Indian Chambers of Commerce and Industry (Ficci) had been inviting delegations from several countries to its annual meet — Ficci-Frames. In 2007, a group of 11 Australian companies and institutes showcased the country’s cutting-edge technology in film and entertainment at ‘Ficci-Frames 2007’.


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