Third National MSME Convention on Building Globally Competitive MSMEs: The Way Forward held in Chennai. Special Address by Dr. Niranjan Mardi, Principal Secretary, Micro, Small and Medium Enterprises Dept – Government of Tamil Nadu Keynote Address by Mr. M Narendra Conventio…
Showing posts with label News - April 2012. Show all posts
Showing posts with label News - April 2012. Show all posts
Q4 profit up 15% : Stable Prices Boost India Cements
Stable cement prices & improved realisations have contributed to Chennai bases India Cements reporting a 15% growth in net profit during the fourth quarter.
For the quarter ended March 31, 2012, India Cements reported a net profit of Rs 65 crore on a total income of Rs…
YES SWARN: Gold Bullion distribution
India’s 4th largest private sector Bank, Yes Bank has entered into Gold Bullion distribution under the YES SWARN brand, making available the revered & precious yellow metal at competitive prices. With YES Swarn, the Bank has added yet another on demand investment option…
Approval Clearance Delays : Developers to Protest
Mumbai's real estate sector has taken a decision to protest decision deficit and policy paralysis in the state and central governments and various agencies.
A large number of real estate organisations, including MCHI (Maharashtra Chamber of Housing Industry) and CRED…
Can Fin Homes: Targets 80% Housing loan growth
The housing finance arm of Canara Bank, Can Fin Homes Ltd is targeting 80% growth in housing loan disbursals at Rs. 1,500 crore during the current financial year - 2012-13. Mr. C. Ilango, MD, Can Fin Homes Ltd said, “We plan to achieve this by expansion of our reach, by addi…
Mumbai Property Registrations: Up 37% in March, 2012
A report compiled by IDBI Capital Markets Services , property registrations in Mumbai rose 37% in March 2012 to 5,766 units (Houses) compared to February (2012) on the back of increase in new project launches.
Total registrations grew 18% in the financial year 2012 ending M…
Training Programme : May 12 , 13 in Faridabad
Construction Industry Development Council (CIDC) will conduct a training programme in MS Project 2010 on May 12 and 13 in Faridabad.
According to a release, the council has initiated short-term training programmes to provide skilled professionals to the industry.
For detai…
India tops consumer confidence : Master Card Worldwide Index
According to Master Card Worldwide Index of Consumer Confidence, our country India has been ranked as the most optimistic nation in Asia in a global consumer confidence survey released here. At 81.2, in an index which is calculated with zero as the most pessimistic 100 as t…
Commercial Real Estate Loan : Grew 11.6% in February
In India, Banks’ lending to the commercial real estate sector grew 11.6% in February, 2012 from a year earlier as risk averse fund houses continued to seek a higher rate of return and invest in smaller deals.
According to the RBI (Reserve Bank of India) data, banks sanction…
Policy rate cut by RBI: Benefit Borrowers of Housing loans
Your high EMIs ( Equated Monthly Installment) eating into your income are likely to come down a bit with banks beginning to reduce their lending rates following the policy rate cut by the RBI (Reserve Bank of India).
Both the India's largest private bank, ICICI Bank, a…
YES Bank Adyar branch Inauguration on 21st April
Inauguration of YES Bank Adyar branch on 21st April, 12.45PM at LB road, opposite to thiagaraja theatre, Adyar. Cordially invites all of you for YES Bank Adyar Branch Inauguration Ribbon cutting & Lighting the lamp by Dr. K Rosaiah His Excellency, the Governor of Tamiln…
Punjab & Sind Bank : Cuts housing loan rates by up to 0.75%
Punjab & Sind Bank (PSB) on recently announced a cut in housing loans for new borrowers by up to 0.75%.
The bank said in a statement "Punjab & Sind Bank has made drastic changes in the terms for housing loans for the benefit of people at large"
India may Lose World Bank’s Low Interest Loans
The WB (World Bank) has informally said India that its rapidly growing economy may soon make it ineligible for soft (low interest) loans, prompting the government to lobby for concessional lending for a few more years. India stands to lose over $ 200 crore in low interest f…
Thrissur chapter of CREDAI formed
ADB (Association of Builders and Developers), Thrissur, has merged with CREDAI (Confederation of Real Estate Developers Association of India) giving a major facelift to the builders of Thrissur, Kerala The Thrissur chapter of CREDAI has also been established. K. A Padma Kuma…
Mumbai Real Estate Firms : Token Strike on April 27, 2012
Mumbai's real estate sector to organise a day's token strike on April 27, 2012 against the policy paralysis, lack of continuity in policies & decisions taken by the state government and the civic body and inordinate delays in getting various clearances. There ha…
Surat's Real Estate : 100% Growth in 2 Years
The real estate sector in Surat has witnessed a 100% growth in the last 2 years, aided by a number of factors like vertical development, business opportunities & influx of people from other places. Mr. Om Ahuja, CEO (Residential Services), Jones Lang Lasalle (JLL) India ,…
Endorse Limca for Rs. 2.5 cr : Coke Ropes in Kareena
Coca-Cola has roped in actress Kareena Kapoor to endorse its drink Limca for about Rs. 2.5 crore per year. The deal has been signed for 2 years. Coca-Cola, which dropped Akshay Kumar for Thums Up earlier this year, now has 2 top-notch celebrity endorsers - cricketer Sachin T…
Using Aadhaar as KYC norm: Can save Rs 1,000 Cr
Indian telecom companies can save over Rs. 1,000 crore every year, provided they use Aadhaar authentication to verify identity and address of their prospective subscribers, says a study by the UIDAI (Unique Identification of Authority of India). Leveraging Aadhaar in Telecom…
March , 2012 : Cement sales up 6% in India
According to Cement Manufacturers' Association, Cement sales improved by 6% to 17.97 MT (million tonnes) in March (2012) against 16.93 MT in the same period last year. Production was up 5% at 17.91 MT (17.03 MT),
In the Last financial year, cement companies sales were …
Tamil Nadu: Sriperumbudur to be developed into satellite town
According to Mr. K. P. Munusamy, Municipal administration & rural development minister , Tamilnadu, Sriperumbudur town panchayat in Kancheepuram district, has been chosen as a satellite town under the Centrally-sponsored scheme of Urban Infrastructure Development. Publi…
