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Friday, July 10, 2009
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WEB EXTRAS

TAXATION: Media bids adieu to FBT
New Delhi/Mumbai, July 9 The media industry has welcomed the removal of the fringe benefit ...

DIVERSIFIED: Vibgyor Group to invest Rs 800 cr in new ventures
Ahmedabad, July 9 The Kolkata-based Vibgyor Group, which recently launched the 100-cc indigenously-made motorcycles with plans to invest Rs 660 crore in automobile business, is now diversifying with investments of Rs 800 crore more in the ...

BUDGET: Bio-diesel unlikely to make headway despite Budget sops
Mumbai, July 9 The Budget has had some sops for bio-diesel in terms of complete excise duty exemption for petro-diesel, which is blended with bio-diesel and a slash in Customs duty from 7.5 per cent to 2.5 per cent on ...

NON-CONVENTIONAL ENERGY: Moser Baer halts production processes at solar panel plant
Consolidated losses widen as downturn hurts. New Delhi, July 9 Moser Baer said on Thursday that certain production processes in its solar Photovoltaic plant at Greater Noida, have been temporarily shut down, due to inventory build-up. Mr Yogesh ...

COMMODITY MARKETS: Pepper futures recover on buying support
Kochi, July 9 The pepper futures market on Thursday recovered after a week-long decline on buying support and closed significantly above ...





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Markets (July 09)
Nifty (at close)4,080.95 (+ 2.05)
US Dollar (Buy/Sell)48.73/74
Brent crude (a bbl) Rs3,000
Gold (a gram) Rs1,352
Silver (a kg) Rs22,410


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Rain check for the Budget party


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Complete capital erosion in 72 PSUs: CAG

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Looking back
Jun. 28-Jul. 4
Kelkar wants rail, construction, housing within GST ambit

External debt increases due to rise in trade credits

Roshni Nadar made CEO of HCL Corp

RBI chief laments unreliable, delayed job data



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