ECONOMY / Excessive forex inflow adds to inflation
Restrict foreign debt to real estate: FM The Finance Ministry on Friday had barred those setting up integrated townships from raising ECBs and made it difficult for small players to raise these borrowings by lowering ceiling on interest rates to be paid on such debts.
Sun Pharma to acquire Taro for $454 million Sun Pharmaceutical Industries Ltd is all set to acquire multinational generic manufacturer Taro Pharmaceutical Industries (TAROF, Pink Sheets), in an all-cash deal worth $454 million.
RBI / Aiming at financial inclusion
CorpBanks new credit card The CorpBank International Credit Card in association with VISA International will be offered in two variants Classic and Gold Credit Card.
Tenth BangaloreIT.in to focus on innovation The IT-ITES exports were Rs 48,700 crore, while hardware exports reached Rs 2,950 crore, even Mysore has registered 94 per cent growth, said M N Vidyashankar, Secretary, IT, BT and S&T, Government of Karnataka on Monday.
GM India to roll out Optra diesel soon General Motors India on Monday said that it is planning to launch the Chevrolet Optra TCDi (diesel), which will be the most powerful luxury sedan in its price band.
The North Korean 1,853-ton cargo ship Kangsong anchors at the port of Busan, 450 kilometres (248 miles) southeast of Seoul, on Monday. The North Korean cargo ship made a first-ever port call at South Korea's biggest port of Busan, the first for a North Korean vessel in more than five decades, amid signs of reconciliation. AFP
The term of A P J Abdul Kalam is coming to an end. Should India go in for a woman President? If so, who should be the first woman President?
Most of Deccan Herald readers are of the opinion that the idea of ‘Woman as President’ is as exciting as old wine in a new bottle. While some feel that the time is ripe, most are unanimous in their opinion that only a non-political nominee would fit the bill for the highest office in the country.
