As the news of Kurien's demise spread across the state, Anand -- otherwise a sleepy town of Gujarat, woke up to thousands of farmers from far and near who poured in to pay their last tribute to the man who transformed this small town into the milk capital of India.
The yellow metal has risen 6.6 per cent since mid-August
Acute cash crunch and dwindling sales has forced developers in Ahmedabad to try innovative ways to lure buyers.
In its latest annual report, IIM-A has said it generated a net surplus of Rs 6.83 crore (Rs 68.3 million) for fiscal 2010-11 against an operating loss of Rs 50.49 lakh (Rs 5.04 million) in 2009-10, and Rs 6.33 crore (Rs 63.3 million) in 2008-09.
The sales growth rate has been a 10-quarter low, dragged by slowdown in the key sectors -- capital goods, construction, infrastructure, non ferrous metals, steel and telecom -- that had contributed to India Inc's growth story in the past.
Sharp rupee fall, interest differential on export finance rates may have led to arbitrage in gold.
The silver jubilee celebrations for the Indian Institute of Management, Ahmedabad (IIM-A) seems to have fructified for the institute. Having hosted several alumni meets as part of its 50 years celebrations, the premier B-school has received close to Rs 40 crore (Rs 400 million) of fund commitments from previous batches.
When set up in 1993 by the Ranka family's Modern Group, this was the first terry towel manufacturing unit in the whole of Asia, to be followed by Welspun and Trident.
Moving ahead from offering sector specific wage rates within India, paycheck.in will soon monitor global minimum wage standards across regions like Asia, Pacific, Middle East and Europe.
Earlier expectations of gold imports touching 1,000 tonnes in 2011 have been belied, with a steep fall in imports in recent months.
The board has decided to expand into all financial services for the rural population. SKS would, however, continue to be a strong player in the microfinance business. Financial inclusion would continue to be in the centre of our activities.
Sebi panel to revisit norms for IPOs, mutual funds.
Only in the case of public infrastructure did the government facilitate purchase. Hence, Gujarat would not have to make much changes post the Bill," said C L Meena, revenue secretary.
Specifically, the study examines the societal value of privacy and explicates strengths and weaknesses of considering privacy as public good.
Foreign institutional investors (FIIs) have returned with a bang. Over the last seven trading sessions, they have pumped in close to $2 billion into Indian equities. Most market players expect this to continue as they see macro headwinds easing.
Domestic institutional shareholders, who together hold around 39 per cent stake in the National Stock Exchange, are unhappy with the exchange's strategy of not charging transaction fees in the currency derivative segment.
The day's strike is a protest at the Union Budget proposal of a 10 per cent excise duty on branded garments. Garment makers had observed a day's strike on Friday, saying it cost them Rs 130 crore (Rs 1.3 billion).
While stock exchanges worldwide are consolidating, not much action is happening in India due to the cap on equity holding in stock exchanges.
As against the existing channels of delivery of banking and financial services in the rural under-banked areas, adoption of mobile financial services (MFS) may tend to be easier, says a study by the Indian Institute of Management, Ahmedabad (IIM-A).
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