EMAMI BIOTECH LIMITED,part of the Rs.2500 crores diversified Emami group of companies launched Healthy & tasty edible oil,its first food &beverage brand in Bengaluru.
Thursday, March 25, 2010
Tuesday, March 23, 2010
FINANCE MINISTER LAYS FOUNDATION STONE FOR BANK NOTE
PAPER MILL AT MYSORE.
Currency continues to be a dominant means of payment in the
country's economy.The ratio of currency to GDP which was 12
percent in 1951 iscurrently at 13 percent. For a vast and growing
country like India,the indigenisation of the process of
manufacture of currency notes including its various inputs like
like paper,ink etc, is of strategic importance.
In his remarks, the RBI Governor traced the history of paper
currency in India and outlined the significance and the need for
the paper mill.He stated that it was Reserve bank of india's
responssibility as the sole issuer of notes, to make available
to the public good and clean notes in adequate quantity.
PAPER MILL AT MYSORE.
Currency continues to be a dominant means of payment in the
country's economy.The ratio of currency to GDP which was 12
percent in 1951 iscurrently at 13 percent. For a vast and growing
country like India,the indigenisation of the process of
manufacture of currency notes including its various inputs like
like paper,ink etc, is of strategic importance.
In his remarks, the RBI Governor traced the history of paper
currency in India and outlined the significance and the need for
the paper mill.He stated that it was Reserve bank of india's
responssibility as the sole issuer of notes, to make available
to the public good and clean notes in adequate quantity.
FM INAUGURATES RBI-OECD INTERNATIONAL WORKSHOP ON FINANCIAL LITERACY.
To mark the Platinum jubilee year, the Reserve Bank of India, in
coordination with the Organisation of Economic Cooperation and
development (OECD)organised an international workshop on
Delivering Financial Literacy in Bengaluru on March 22,2010.
Dr.D.Subba Rao, Governor,Reserve Bank Of India ,in his opening
remarks said'financial literacy and awareness are integral to
ensuring financial inclusion".
Inaugurating the Two day workshop,the Finance Minister,
Mr.Pranab Mukherjee in his keynote address said that financial
education and literacy could ideally supplement the broader initiatives for an efficient and inclusive transmission mechanisms
and inclusive and integrating the financial education and literacy into the overall endeavour for financial inclusion in a diversified
country like India.
To mark the Platinum jubilee year, the Reserve Bank of India, in
coordination with the Organisation of Economic Cooperation and
development (OECD)organised an international workshop on
Delivering Financial Literacy in Bengaluru on March 22,2010.
Dr.D.Subba Rao, Governor,Reserve Bank Of India ,in his opening
remarks said'financial literacy and awareness are integral to
ensuring financial inclusion".
Inaugurating the Two day workshop,the Finance Minister,
Mr.Pranab Mukherjee in his keynote address said that financial
education and literacy could ideally supplement the broader initiatives for an efficient and inclusive transmission mechanisms
and inclusive and integrating the financial education and literacy into the overall endeavour for financial inclusion in a diversified
country like India.
PEPSI BOTTLE NOT CLEANED PROPERLY.
Pepsi is sending bottles without cleaning it properly
as you can observe from the picture given alongside.
Will Pepsi do this in any European country or any
other developed country?. Or Is it okay in India
which is the big market for them as the country has
a population of one Billion People where the laws are
only on the paper.
Wednesday, March 17, 2010
MANTRI DEVELOPERS LAUNCH INDIA'S BIGGEST MALL.
Mantri Square, at Malleswaram ,Bangalore designed to global benchmarks offers a confluence of the most sought after international brands,largest F&B in a shopping expanse spread over 1.7. million Sq.ft.
Addressing the media,Mr.Sushil Mantri said that they have invested Rs.500 crores and will generate direct employment to about 4600 people.
They also have entered into a joint venture with Bangalore Metro and there will be a Metro station at the Mall which will land directly to the second floor. This project will take 2 years.
Saturday, March 13, 2010
EDITORIAL
DONOT ERODE RBI'S AUTHORITY.
During the Budget speech,the Finance Minister, mooted the idea
of creating a Financial stability and Development Council chaired by FM himself.This Council will" monitor macro prudential supervision of the economy including the functioning large financial conglomerates and address inter regulatory coordination issues". This may sound a good idea on the face of it, but it creates a suspicion in the minds whether this council may become a Super Regulator in the hands of the bureaucrats in the Finance Ministry.
In the present scenario,Reserve Bank of India, being the central bank, is capable of carrying out the tasks and also advise the Central Government on Monetary policy and there is no requirement of another 'Super Regulator'.
DONOT ERODE RBI'S AUTHORITY.
During the Budget speech,the Finance Minister, mooted the idea
of creating a Financial stability and Development Council chaired by FM himself.This Council will" monitor macro prudential supervision of the economy including the functioning large financial conglomerates and address inter regulatory coordination issues". This may sound a good idea on the face of it, but it creates a suspicion in the minds whether this council may become a Super Regulator in the hands of the bureaucrats in the Finance Ministry.
In the present scenario,Reserve Bank of India, being the central bank, is capable of carrying out the tasks and also advise the Central Government on Monetary policy and there is no requirement of another 'Super Regulator'.
Friday, March 5, 2010
OCEANIC CONSULTANTS TO EXPAND OPERATIONS IN BENGALURU.
Oceanic Consultants Australia is an Australia based company that offers a wide range of services to the International education industry. Mr.Naresh Gulati,CEO of the company said that they represent 200 overseas institutions and are now expanding their operations to Bengaluru and Mysore.
Oceanic Consultants offer all the services to the students free of charge and has placed about 9500 students to the various institutions overseas. They offer one stop solution that addresses the all the needs of prospective students ranging from getting admission to student visa to helping students with complete travel arrangements. The website is www.oceanicconsultants.com
Oceanic Consultants Australia is an Australia based company that offers a wide range of services to the International education industry. Mr.Naresh Gulati,CEO of the company said that they represent 200 overseas institutions and are now expanding their operations to Bengaluru and Mysore.
Oceanic Consultants offer all the services to the students free of charge and has placed about 9500 students to the various institutions overseas. They offer one stop solution that addresses the all the needs of prospective students ranging from getting admission to student visa to helping students with complete travel arrangements. The website is www.oceanicconsultants.com
Thursday, March 4, 2010
KAMAZ VECTRA LAUNCH THEIR FIRST TRUCK MODEL IN INDIA.
The Indo Russian Joint venture announced by India's vectra group and the Russian KAMAZ Inc. has launched the KAMAZ 6540 tipper model an 8x4 dump truck in India. The joint venture is shared by KAMAZ (51%) and Vectra group(49%).The total manufacturing capacity is 9000 trucks and presently, they propose to manufacture 1500 trucks. Presently, they will be importing as CKD from KAMAZ,Russia and they will be increasing the indigenisation of components to 30 to 40% by next year.
KAMAZ 6540 GVW 31 T Model is ideal for use in construction of roads,bridges,irrigation canals and infrastructure projects that demand continuous and tough duty cycles.
H.E.The Prime Minister of Tatarstan Republic, along with the Russian Ambassador to India, Mr.Ravi Rishi ,Chairman VECTRA group,Mr.Ahat Urmanov, Dy.Chairman of Management Group,KAMAZ Inc. Mr.V.RS.Natarajan ,Chairman of BEML,A leading Public Sector organisation were also present on the occassion.
The Indo Russian Joint venture announced by India's vectra group and the Russian KAMAZ Inc. has launched the KAMAZ 6540 tipper model an 8x4 dump truck in India. The joint venture is shared by KAMAZ (51%) and Vectra group(49%).The total manufacturing capacity is 9000 trucks and presently, they propose to manufacture 1500 trucks. Presently, they will be importing as CKD from KAMAZ,Russia and they will be increasing the indigenisation of components to 30 to 40% by next year.
KAMAZ 6540 GVW 31 T Model is ideal for use in construction of roads,bridges,irrigation canals and infrastructure projects that demand continuous and tough duty cycles.
H.E.The Prime Minister of Tatarstan Republic, along with the Russian Ambassador to India, Mr.Ravi Rishi ,Chairman VECTRA group,Mr.Ahat Urmanov, Dy.Chairman of Management Group,KAMAZ Inc. Mr.V.RS.Natarajan ,Chairman of BEML,A leading Public Sector organisation were also present on the occassion.
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