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Popular Articles

Indian IT firms eye IAF's combat aircraft project
Six global vendors have been shortlisted.

States asked to prepare action plans on climate change
The Centre today said state governments had been asked to prepare the local-level adaptation action plans on climate change, consistent with the objectives of the National Action Plan on Climate Change (NAPCC). Necessary assistance is also being provided to the state governments (to tackle climate change) subject to availability of funds, Environment and Forests Minister Jairam Ramesh said in reply to a written question in the Lok Sabha.He said a study on “the impact of climate change in India” had been launched under a joint Indo-UK Research Programme.

News of the day

Jet's domestic passenger traffic rises 33% in Nov
Jet Airways restructuring exercised started last year resulted in a 33 per cent increase in its domestic passenger traffic last month as compared to November 2008. The airlines international passenger traffic also registered a 19 per cent growth on a seat factor of 81.9 per cent.
Small Business

Steel Exchange to issue securties worth Rs 300 cr

Steel Exchange India has plans to increase the authorised capital of the company. The decision, in this regard, is expected to be taken in company"s board meeting on January 22. - NTPC files for FPO - Great Eastern back to buying ships - Singapore bourse extends timings, puts pressure on India"s exchanges - Sebi sets timeline for sharing information - NMDC likely to file for FPO by Jan 25 - India asks US not to take action against Satyam The company will also consider the proposal of merger of GSAL (India) with the company subject to the directions of BIFR and also subject to the approval of the members. The company will also consider issuing of securities through follow on public issue up to Rs 150 crore. Besides, it will also consider issuance of securities under QIP up to Rs 150 crore. On the Bombay Stock Exchange, the company"s shares were trading at Rs 36 at IST 1159.


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