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INDUSTRY & ECONOMY
ECONOMY:
Why the Sensex fall is overdone
Once the darling of global investors, the Indian stock market has fallen from favour. The MSCI India index is already down 30 per cent this year in US dollar terms and is among the worst performers in its peer group. Past bear markets in India ...
EDUCATION:
India’s advantage is its knowledge economy, says former P&G chief
Chennai, July 26 Strive to achieve satisfaction of customers as they pay the salaries, the former CEO of Procter & Gamble (P&G), Mr Gurucharan Das, has ...
REAL ESTATE & CONSTRUCTION:
AP GOs, a dampener
The real-estate activity in Hyderabad has virtually come to a standstill, with builders preferring to shelve their plans, thanks to G.O. No. 288. The order, issued a couple of months ago, mandates that builders allocate 25 per cent of the ...
REAL ESTATE & CONSTRUCTION:
Chennai short on office space
Chennai is facing a shortage of office space, specifically non-IT office space, but supply is not likely to improve in the near future despite a keen demand. Developers blame low margins and regulations that favour development of IT ...
ENGINEERING:
Engg export council seeks multiple entry biz visas to Asean
Hyderabad, July 26 The Engineering Export Promotion Council (EEPC) has sought assistance from the authorities of the Royal Thai Consulate, the Consulate General of Malaysia and the Australian Trade Commission for getting multiple entry ...
FOREIGN TRADE:
Indo-Japan dialogue focuses on two infrastructure projects
New Delhi, July 26 The second India-Japan Strategic Dialogue on Economic Issues was held in Tokyo recently. The dialogue assumes significance as it sets the agenda for the visit of Prime Minister, Dr Manmohan Singh, to Japan in October. ...
CLIMATE & WEATHER:
Gaps in India Inc preparedness on climate change: KPMG
Mumbai, July 26 A KPMG report, looking to assess India Inc’s preparedness on climate change, says only 21 per cent of businesses measured their carbon dioxide emissions. ...
RADIO/TV:
TRAI sets 5-yr timeframe for digital cable TV
New Delhi, July 26 The Telecom Regulatory Authority of India (TRAI) has set a five year timeframe for cable TV operators to upgrade their current analogue network to digital transmission mode in order to compete with new distribution ...
REAL ESTATE & CONSTRUCTION:
Mall hoppers don’t spell sales
Mall developers and retailers in India may be on an expansion spree but signs that everything is not right with the retail industry in Gujarat are beginning to show. Picture this — Around 50 per cent of the branded store outlets have ...
TERRORISM:
Live bomb defused in Bangalore
Bangalore, July 26 Just as Bangalore was getting back to normalcy after a series of bomb blasts rocked the city on Friday afternoon, the city police found a live bomb near a large shopping mall in Koramangala on Saturday. ...
REAL ESTATE & CONSTRUCTION:
Emaar MGF hopes to get higher valuation on the execution side
Seemingly unfazed by the withdrawal of its Initial Public Offering (IPO) in February this year, Emaar MGF — a joint venture between Dubai’s Emaar Properties PJSC, and India’s MGF Developments — is moving ...
ENVIRONMENT:
Maharashtra inquiry into Subhiksha stores
Chennai, July 26 The Maharashtra Government will conduct an inquiry within ten days into Subhiksha’s retail stores following complaints of violation of hygiene norms at the godowns, sources in the Government have told
EVENTS:
Weekly News Round Up
Reliance Industries' net profit for the first quarter rose 13 per cent on higher revenues and strong margins from refining business. ...
CLIMATE & WEATHER:
Widespread rain ahead of brewing ‘low’
Thiruvananthapuram, July 26 The monsoon trough has shifted southwards from the Himalayan foothills bringing with it active monsoon conditions into the Bay of Bengal and, by extension, to adjoining peninsular India. ...
INFRASTRUCTURE:
Reliance sets up Autozone in Gurgaon
Reliance Autozone launched its automotive specialty store at Ambience Mall, Gurgaon in continuation of its move to bring world class auto retailing facilities to ...
EVENTS:
Travel & tourism fair inaugurated
Hyderabad, July 26 Mr Anam Ramanarayana Reddy, Andhra Pradesh Minister for Information and Tourism, has inaugurated the 63rd edition of Travel and Tourism Fair at the Yousufguda Indoor Stadium. About 100 participants representing 11 States and ...
PETROLEUM:
Asia pins hope on oil downturn
Asian markets, which have fallen 23 per cent till date on an average, will be hoping for crude oil to fall further ( declined by $24 from its July 11 peak) in the week ahead so that overseas investors may again buy stocks. ...
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