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OECD wants India to ease FDI norms on banking, insurance
The Organisation for Economic Cooperation and Development (OECD) today lauded India"s overseas investment policies but asked for relaxation in foreign direct investments (FDI) norms for banking and insurance sector.

Dr Reddy's to invest Rs 750 crore in two SEZs
Dr Reddy"s Laboratories (DRL), the second largest drug maker in the country, would invest about Rs 750 crore ($ 150 million) in setting up two special economic zones (SEZs)- one in Visakhapatnam and another in Hyderabad.

News of the day

NEWSALERT: NTPC should protect its interest in gas row with RIL, says Vahanvati
NTPC should take all possible steps to protect its interest in gas dispute with RIL; it should follow the advice of Solicitor General, opines Attorney General.Price at which NTPC obtains gas is matter of public interest and will impact availability of power at affordable rate, opines Attorney General.
Small Business

FIIs net sellers Rs 1,209cr in F&O on Thursday

The Foreign Institutional Investors (FIIs) were net buyers of Rs 1,209.29 crore in futures and options segments on Thursday. - US markets end flat; ADRs in green - Total inflow of funds in India to be $ 40 billion in 2010: Uday Kotak - FIIs net buy Rs 92cr, DIIs net sell Rs 127cr - Wockhardt advances on getting US FDA nod - Bilcare weakens despite GDR issue - Strides Arcolab soars on Pfizer deal According to the data released by the NSE, FIIs were sellers of index futures to the tune of Rs 944.06 crore while bought index options worth Rs 397.19 crore. However, they were net sellers of stock futures to the tune of Rs 657.01 crore while bought stock options worth Rs 5.41 crore.


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