Currently Browsing: Economics
Posted by
akanksha on Aug 4th, 2010 in
Advertising/PR,
Economics |
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Bajaj Allianz sustains profitability in Q1 FY 10-11
- Bajaj Allianz Life Insurance posts profit of Rs. 169 crores in Q1 2010-11
- Bajaj Allianz General Insurance posts a profit of Rs. 31 crores in Q1 2010-11
- GWP for Bajaj Allianz General stood at Rs. 718 crore while for Bajaj Allianz Life, GWP stood at Rs. 1845 crore
Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance, one of the largest private...
Posted by
akanksha on Jul 22nd, 2010 in
Economics,
Technology |
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Q1 PAT up 32 % YoY at Rs. 13 Cr on a Net Revenue of Rs. 278 Cr · School Learning Solutions records order intake of Rs. 158 Cr; Adds 1,231 schools · Corporate Learning Solutions records order intake of USD 34 Mn · China revenue grows 32% YoY
New Delhi, Delhi, July 21, 2010 / NIIT Limited, leading Global Talent Corporation and Asia’s largest IT trainer, today reported its results for the first quarter ending...
Posted by
akanksha on Jul 21st, 2010 in
Economics,
Technology |
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Revenues grow 33%, Net Profits increase by 131% over same period last year
New Delhi, Delhi, July 20, 2010 / NIIT Technologies Limited, a leading IT solutions organization, continued its sequential growth momentum with its first quarter result for the quarter ended June 30, 2010, showing consolidated revenues of Rs. 291.4 Crore, up 21.8% over the previous quarter.
Operating Profit for this quarter was Rs. 54.1...
Posted by
akanksha on Jul 15th, 2010 in
Education,
Socialism |
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New Delhi, Delhi, July 14, 2010 / A group of ten students who belong to the SIFE team of Faculty of Management Studies, Delhi presented an unlikely vision in the slums of Delhi on Tuesday. These students from one of the top ranked business schools in India are helping the Banjaras to grow their business in a structured and systematic manner.
As a start to a big project, these students provided them with basic...
Posted by
Sumita on Jul 10th, 2010 in
Economics |
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If you invest your money in mutual funds, the broker takes a maximum commission of 2.5%. If you instead put it in unit linked insurance plans (ULIPs), the broker gets anywhere from 20 to 40% in the first year. Given that ULIPs are akin to mutual funds, there is little justification for the burden of commission being so disparate.
For this and other such issues affecting customers, stock market regulator...
Posted by
Sumita on Jul 10th, 2010 in
Economics |
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Food inflation is likely to be contained soon on the back of projected bumper crop this year, food minister Sharad Pawar said on Thursday. As a result, he said, overall inflation figures too would come down.
Speaking on the sidelines of a sugar conference on Friday, Mr Pawar asserted: “Sowing operations are in full speed in the face of good monsoons in states and we are likely to have a bumper crop.” Food...
Posted by
akanksha on Jul 9th, 2010 in
Press Releases,
Socialism |
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As the ticker ticks twelve Udaipur’s popular radio station 94.3 MY FM celebrates its third anniversary on July 7th, 2010.
New Delhi, Delhi, July 8, 2010 / On this joyous occasion the station vows to bring in its new spell with ‘Koshish Dil Se’, an initiative under MY FM’s CSR programme. A break from the monotony of routine life, ‘Koshish Dil Se’ will be an inspirational crusade...
Posted by
Sumita on Jul 8th, 2010 in
Economics |
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The Indian rupee appreciated by 18 paise to 46.85 against the US dollar in early trade on the Interbank Foreign Exchange on Thursday on fresh capital inflows after gains in equity markets.
The rupee had closed lower by 13 paise at 47.03/04 against the dollar in yesterday’s session.
Forex dealers said fresh foreign fund capital inflows into equities provided support to the rupee.
Meanwhile, the Bombay Stock...
Posted by
Sumita on Jul 8th, 2010 in
Economics |
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The International Monetary Fund (IMF) has raised its forecast for global economic growth this year, from 4% to 4.5%.
It said the world economy grew strongly in the first part of this year, mainly due to robust growth in Asia.
Developed economies maintained a modest but steady recovery in the same period.
But it warned risks had increased and there had been a setback in progress towards financial stability.
Debt...
Posted by
Sumita on Jul 8th, 2010 in
Economics |
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India’s growth will accelerate to about 9.50 percent in 2010 as robust corporate profits and favourable financing conditions fuel investment, and then settle to 8.50 percent in 2011, according to International Monetary Fund projections.
Large domestic demand bases in India, China, and Indonesia, which contribute substantially to Asia’s growth, could also provide the region a cushion in the event of external...