Eros premiers on BSE at 22% premium<br />Eros international media listed n BSE<br />Shares opened u at 22% premium n BSE<br />Shares opened u at 17. 4% premium n NSE<br />Raised 350 crore through IPO<br />
IMF pegs India growth at 9.7% <br />IMF has projected the Indian economy will grow by 9.7% in 2010 <br />Very high than the growth rate f developed economies <br />Indicators behind this statement are:<br />High industrialproduction<br />Increase in domestic demand<br />Favorable external financing<br />
Finminoppeses plans to put curbs n FDI in Pharma<br />Finance ministry is not ready to impose curbs on FDI in Pharma sector<br />Because it can ruin the image of India as an investment destination<br />FDI should be reduced to 74% <br />Move was promoted by some recent big ticket takeover by Indian Pharmacompanies<br />
Contract labour law: convincing workers, employers key<br />Proposal of Amendments in labour law by labour ministry for the benefit of contract labour<br />Same benefits should be extended to contract labour such as equal wages, PF, ESI, holidays etc.<br />But employers opposed it by saying that giving privilegs to contract labour can act as disincentive to the industry to employ <br />
Dabon international scouts for partners & buys in India<br />Dabon international: Joint venture between Bongrain of France & Dabur India<br />Looking for local partners to boost the business in Indian market<br />Acc. To them, India has a lot of potential in Dairy segment but not easy to sat up manufacturing unit.<br />Looking for the company which require assured supply of milk<br />
Great fluctuations in SENSEX & NIFTY this week<br /> SENSEX <br />SENSEX crossed the level of 21000 on 4 oct. but dropped 250 points on 7 oct.<br />Change remain same on next day but some recovery could be realized at the time of closing<br />Closed on 20250 on Friday<br />NIFTY<br />NIFTY crossed the level of 6143.4 on 4 oct. but dropped to 6030 on 7 oct.<br />Closed on 6102 on 7 oct..<br />
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