Lowe Lintas is foraying into film and television production with Lintas Productions. The agency's chairman, R Balakrishnan ('Balki'), carved his name in Bollywood with Chini Kum, and the much-talked about Paa, starring Amitabh Bachchan.
Stocks of sugar companies rose after the development. At the Bombay Stock Exchange, Bajaj Hindusthan, India's biggest producer, gained 4.25 per cent to close at Rs 121.35, Balrampur Chini gained three per cent and closed at Rs 88 while Renuka Sugars gained four per cent to Rs 68.
Millions of "input" tax credits are taken every day by manufactures and traders under the Cenvat Credit Rules for the purpose of paying and adjusting duty.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Many in India still believe that the priority No 1 of India's foreign policy should be to make friends with China. Once again, there is nothing wrong to be China's 'friend' or even 'brother', but it should not be at the cost of India's interests or by bending backward over each whim and fancy of a single-party regime in Beijing.
'Unquestionably, the spirit behind the Panchsheel agreement and the 'Hindi Chini bhai bhai' slogan were thrown overboard by the Chinese, and a trust deficit was injected between the two nations.' A revealing excerpt from General J J Singh's The McMahon Line: A Century Of Discord.
Maintaining that resolution of the Tibetan issue was vital for betterment of Indo-China ties, the Dalai Lama on Saturday favoured "genuine friendship" between the two Asian giants, rekindling the Hindi-Chini bhai bhai spirit.
'Is there any peace and Olympic spirit in a flame which has become the symbol of Chinese repression, arrogance and thirst for domination in Asia?'
'Hindi-Chini Bhai Bhai? Don't you believe it. I don't trust the Chinese one bit,' Nehru told Gopalaswamy Parthasarathi before he traveled to China as India's ambassador. Asking GP to be ever vigilant, Nehru advised the diplomat to send telegrams on important matters only to him. Many such anecdotes from a long and eventful career as diplomat and bureaucrat crowd the pages of GP: 1912-1995, discovers Uttaran Das Gupta.
DCM Shriram Industries , too, is issuing 700,000 warrants to its promoters, Tilak Dhar and his brothers, which will raise their shareholding from 32.54 per cent to 42 per cent, though this has been challenged in the courts by shareholder Harish Bhasin, who has mounted a takeover bid on the company.
The joint exercise will begin on December 21 with the spotlight on anti-terrorism drills, with China expected to draw upon the experience of Indian troops known for expertise gained in their counter-insurgency operations.
Mutual funds predominantly bought engineering, media, pharma, and oil and gas stocks in July
Asian Paints, Cipla, Bharat Forge, Dabur India, Nicholas Piramal and Satyam Computer Services are among the 20 Indian corporate entities that have found place in Forbes' list of 'Best Small Asian Companies'.
Despite the recent thaw in relations, the border issue and China's relations with Pakistan continue to bother India. Can we trust Beijing?
Calling the bluff of the country's sugar barons, the Centre has scrapped 98 per cent of the industrial entrepreneur memorandums obtained by them for setting up new production units.
'I don't know of anyone who could transform so much once she had make-up on.' 'And I don't mean just for the camera.' 'She could dress up for a wedding and she'd look like a different person.' 'And now to see her lying there, still and unmoving in that casket, it was heartbreaking', Satish Kaushik tells Subhash K Jha.
Transcript of the market chat with expert Pranav Sanghavi.
Sugar scrips surged in early trades on Friday on good buying support following reports that Parliament has passed the Essential Commodities (Amendment) Bill 2003.
'Magnanimity and appeasement have no place in the world of realpolitik as India has learned the hard way,' notes Vivek Gumaste in the first of a two-part column.
'As his party's Supreme Leader, Modi has led India down the wrong road by insisting on friendship with China even as its soldiers went about claiming territory,' argues Harishchandra Dighe.
'The TMC did not bother telling me, a sitting MLA for 20 years, why I was not being given a ticket.'
'China need not worry about a truly 'resurgent India'.' 'It's not going to happen.'
'The logical step is to challenge the very legitimacy of the Chinese claim over Tibet,' recommends Inspector General Gurdip Singh Uban (retd).
'Our boys are very patriotic.' 'They say Bharat Mata Ki Jai and Jai Hind in front of the Chinese.' 'We have never accepted their claims, we are Indians and proud to be Indians.'
"China's ideology seems to be eliminating terrorism from its country but letting terrorist activities flourish in India," the Sena said.
Major General Sujan Singh Uban, a legendary veteran of the Second World War, was a natural choice to raise, train and command the Special Frontier Force and mould them into a well oiled fighting machine, recalls his son Inspector General Gurdip Singh Uban (retd), who led SFF troops during the Kargil War.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Refusing to share in the euphoria of ally Bharatiya Janata Party over Prime Minister Narendra Modi's China visit, Shiv Sena on Monday accused the neighbouring country of pursuing a policy of "hugging from the front and stabbing from behind".
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
A red carpet will be rolled out to facilitate Shyam Saran Negi to cast his vote in the Himachal assembly elections without any hassle.
As Soumitra Chatterjee turns 80 on January 19, we look back at his best movies.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
'India's first and longest-serving prime minister created -- or at the very least imagined -- a modern, democratic nation-State of the 20th century,' says Sunil Sethi.
India will raise its import duty on sugar to 40 percent from 15 percent, as the government tries to revive business at mills that owe farmers around $1.84 billion, the food minister said on Monday.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
'India in 2020 is a lot better prepared than in 1962.' 'It is no longer a pushover; and anything other than a crushing Chinese military victory will be a major loss of face for China,' observes Rajeev Srinivasan in the first of a three part column.
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
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