Weekly News27Sep-03Oct<br />                                        Submitted by:<br />                                   ...
FMC lifts ban on sugar futures trade<br /><ul><li>Commodity market regulator Forward Markets Commission has allowed the ba...
Lack on sugar production had caused the delay in lifting the ban.
FMC oversees the functioning of 23 commodity exchanges.</li></li></ul><li>Continues…….<br /><ul><li>Retail sugar prices ha...
The company is in talk s with overseas car makers to take up contract manufacturing at its Chennai plant.
It is also looking to launch new variants of the existing models.</li></li></ul><li>Tata Steel hikes prices by up to Rs.15...
Steel makers like SAIL, JSW and Essar Steel increase their prices.</li></li></ul><li>Munjals,Honda may part ways<br /><ul>...
Hero Honda will raise funds by selling shares in the new company.</li></li></ul><li>3G spectrum allotment starts <br /><ul...
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Weekly news 6 copy[1]

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Weekly news 6 copy[1]

  1. 1. Weekly News27Sep-03Oct<br /> Submitted by:<br /> RAHUL PANJNATHIA<br /> MBA-2C<br />
  2. 2. FMC lifts ban on sugar futures trade<br /><ul><li>Commodity market regulator Forward Markets Commission has allowed the ban on sugar futures trading .
  3. 3. Lack on sugar production had caused the delay in lifting the ban.
  4. 4. FMC oversees the functioning of 23 commodity exchanges.</li></li></ul><li>Continues…….<br /><ul><li>Retail sugar prices had shot a record Rs.50 per kg which are now around Rs.30-32 per kg.</li></li></ul><li>Hindustan Motor lays out turnaround blueprint<br /><ul><li>Hindustan Motor has chalked out a multi-pronged turnaround strategy.
  5. 5. The company is in talk s with overseas car makers to take up contract manufacturing at its Chennai plant.
  6. 6. It is also looking to launch new variants of the existing models.</li></li></ul><li>Tata Steel hikes prices by up to Rs.1500 a tonne<br /><ul><li>Tata Steel hikes pries up to Rs.1500 a tonne.
  7. 7. Steel makers like SAIL, JSW and Essar Steel increase their prices.</li></li></ul><li>Munjals,Honda may part ways<br /><ul><li>Honda Motor Company of Japan is reported to be in talks with BM Munjal-owned Hero Honda group to sell its 26% stake in Hero Honda Motors.
  8. 8. Hero Honda will raise funds by selling shares in the new company.</li></li></ul><li>3G spectrum allotment starts <br /><ul><li>The Government will start the process of 3G bandwidth on 1 Sep.
  9. 9. This paves the way for consumers to enjoy high-end services.</li></li></ul><li>Contract workers may get a better deal with new law<br /><ul><li>The Centre wants to amend the Contract Labour Act of 1971 to ensure a fair deal for workers.
  10. 10. This mandates that contract workers get the same wages, facilities and benefits as received by regular employees.</li>
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