C:\Users\Deepak\Desktop\Recent News
Upcoming SlideShare
Loading in...5
×

Like this? Share it with your network

Share
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
263
On Slideshare
263
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
0
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Recent News for the week
  • 2. CII opposes compulsory maintenance of cost records
    • Industry Chamber CII has opposed a proposal of parliamentary standing committee to make compulsory maintenance of cost records
    • According to CII maintenance of cost records should be according to the needs, objectives of the company and intended to be used with the company’s requirements
  • 3. Reliance missing in euphoria
    • Investors are disappointed with the Reliance Contribution’s to the market in the last four months
    • RIL shares have risen only 3.7% in the last four months as compared to total market increase which was 22% it is very less
  • 4. C-17 deal between India-US
    • Largest defence deal between India-US of acquisition of 10 C-17 globemaster transport aircraft by the Indian air force is likely to be inked during US president’s visit to India during November
    • C-17 are used for airdropping paratroopers, supplies, emergency evacuation and carrying heavy equipments like tanks
    • Total cost for this deal would be around $3.5 billion, making it the biggest defence deal.
  • 5. Centre bans bulk SMS, MMS
    • Government banned bulk SMSes and MMSes for the Ayodha verdict. Communication ministry’s late night communication to mobile phone companies is another attempt by the government to keep a tight lid on unwanted incidents
    • Communications ministry officials may also be authorized to block all SMS services in sensitive areas
  • 6. Pay less for pension account maintenance
    • NSDL has reduced the annual account maintenance charges to Rs 280 from Rs 350
    • Under Present structure a subscriber has to pay atleast Rs 470 as initial charges in the first year and Rs 350 annually to the National Securities Depository Limited for the maintenance of account.
    • Also CRA’s transaction fee has come down substantially to Rs 6 per transaction from the present Rs 10.
  • 7. SEBI rejects MCX-SX plea for operations
    • SEBI has rejected the MCX-SX’s applications for stock and debt trading platforms stating non-compliance with the shareholding rules
    • For the compliance of MIMPS rules, MCX-SX has stated that the capital reduction had been suggested by SEBI chairman.
  • 8. Rise in food inflation
    • Food inflation rose for the fourth week running as widespread floods in North India pushed up prices of cereals, fruits and vegetables
    • Food Prices were up 15.46% for the week ended september 11 from a year ago, a marginal increase from 15.1% for the week before