This Week News
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The Reserve Bank of India raised interest rates by 25 basis points to 6% and reverse repo rate by 50 basis points to 5% to curb inflation. This will make loans more expensive for corporations and individuals while increasing deposit returns. Lenders are expected to review lending and deposit rates in response. The narrowing of rates between repo and reverse repo aims to increase stability in overnight lending between banks.
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This Week News
The RBI raised interest rates by 25 basis points to 6% and the reverse repo rate by 50 basis points to 5% to curb inflation. This will make loans more expensive for companies and individuals and increase deposit yields. Tata Steel supports the new mining bill's proposal for miners to share 26% of profits with locals affected by projects. Bajaj Hindusthan plans to invest Rs. 10,000 crore to set up 1,980 MW of thermal power capacity in Uttar Pradesh to diversify from sugar. Genpact plans to enter West Asia to serve local clients in financial services based on its relationship with GE, and has signed contracts with two West Asian financial services clients and a Saudi chemicals company. SA
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The document contains weekly news articles from 22-28 November 2010. One article discusses the Environment Ministry issuing a show cause notice to Jindal's steel plant in Orissa for violating forest norms. Another article talks about Dhanlaxmi Bank's plans to open 125 new branches and hire 2000 more employees by 2011-2012. A third article mentions Bank of Baroda increasing interest rates on certain retail term deposits by up to 75 basis points.
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Sebi is planning to change a system that allows investors to take advantage of mutual fund cut-off timings to get the previous day's NAV. Coal India is close to surpassing SBI as India's third most valued firm. Microsoft CEO Steve Ballmer sold $1.3 billion of Microsoft shares, cutting his stake by 12%. The RBI hinted it may raise key policy rates at its next monetary policy review due to elevated inflation. Reliance Power placed a $750 million order with GE for equipment for a power project in Andhra Pradesh. State finance ministers asked the Centre to exclude coal from the proposed GST list to avoid increased taxes on this important fuel.
Weekly news 8
- E-land, a South Korean textile chain, is acquiring a majority stake between 51-67% in Indian lifestyle brand Mudra.
- Hyundai launched its luxury SUV Santa Fe in India priced between 20.95-22.95 lakhs, to be imported from South Korea as completely built units.
- Gold futures on the MCX hit a record high of Rs. 20,007 per 10 grams, tracking strong global trends as speculators increased buying.
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Climatologia Sazonal das Ondas de Leste no Atlantico Tropical usando a Tecnic...
1. O documento analisa a climatologia sazonal das Ondas de Leste no Atlântico Tropical usando técnica de tracking.
2. Os resultados mais significativos foram nos trimestres de junho-julho-agosto e setembro-outubro-novembro, mostrando maior densidade de trajetória e gêneses entre 6°-16°N.
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Dokumen tersebut membahas rencana bisnis untuk usaha katering bernama "Daun Surabayan Catering" yang menyediakan layanan antar jemput makanan sehat. Usaha ini menargetkan mahasiswa dan pegawai kantor di Surabaya Timur dengan harga Rp5.000-Rp20.000. Usaha ini akan menawarkan konsultasi gizi dan bahan makanan bebas MSG.
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The RBI raised interest rates by 25 basis points to 6% and the reverse repo rate by 50 basis points to 5% to curb inflation. This will make loans more expensive for companies and individuals and increase deposit yields. Tata Steel supports the new mining bill's proposal for miners to share 26% of profits with locals affected by projects. Bajaj Hindusthan plans to invest Rs. 10,000 crore to set up 1,980 MW of thermal power capacity in Uttar Pradesh to diversify from sugar. Genpact plans to enter West Asia to serve local clients in financial services based on its relationship with GE, and has signed contracts with two West Asian financial services clients and a Saudi chemicals company. SA
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The document contains weekly news articles from 22-28 November 2010. One article discusses the Environment Ministry issuing a show cause notice to Jindal's steel plant in Orissa for violating forest norms. Another article talks about Dhanlaxmi Bank's plans to open 125 new branches and hire 2000 more employees by 2011-2012. A third article mentions Bank of Baroda increasing interest rates on certain retail term deposits by up to 75 basis points.
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Sebi is planning to change a system that allows investors to take advantage of mutual fund cut-off timings to get the previous day's NAV. Coal India is close to surpassing SBI as India's third most valued firm. Microsoft CEO Steve Ballmer sold $1.3 billion of Microsoft shares, cutting his stake by 12%. The RBI hinted it may raise key policy rates at its next monetary policy review due to elevated inflation. Reliance Power placed a $750 million order with GE for equipment for a power project in Andhra Pradesh. State finance ministers asked the Centre to exclude coal from the proposed GST list to avoid increased taxes on this important fuel.
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- E-land, a South Korean textile chain, is acquiring a majority stake between 51-67% in Indian lifestyle brand Mudra.
- Hyundai launched its luxury SUV Santa Fe in India priced between 20.95-22.95 lakhs, to be imported from South Korea as completely built units.
- Gold futures on the MCX hit a record high of Rs. 20,007 per 10 grams, tracking strong global trends as speculators increased buying.
Invoicing In Consultancy
An invoice is a commercial document that details the terms of a transaction between a buyer and seller. It typically includes the item purchased, price, date, parties involved, invoice number, and tax information. If purchased on credit, an invoice outlines payment terms and methods. Invoices can be pro-forma, estimating costs, or actual invoices outlining final costs after work is completed. While clients may request a "final invoice", the appropriate document to provide after all payments is a statement of accounts listing all payments made and their dates.
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The document discusses how lawyers analyze business valuation reports submitted as evidence. Lawyers aim to discredit the report and appraiser by scrutinizing every word for errors, omissions, bias, inconsistencies with standards or law, and unsupported conclusions. The document advises appraisers to thoroughly document their work, avoid vague language and assumptions, double check all facts and data, and not plagiarize to prevent their report and conclusions from being discredited in court.
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2. Os resultados mais significativos foram nos trimestres de junho-julho-agosto e setembro-outubro-novembro, mostrando maior densidade de trajetória e gêneses entre 6°-16°N.
3. As ondas se propagaram do centro da África em direção ao Atlântico, com pico de atividade sobre o oceano, enquanto pou
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Dokumen tersebut membahas rencana bisnis untuk usaha katering bernama "Daun Surabayan Catering" yang menyediakan layanan antar jemput makanan sehat. Usaha ini menargetkan mahasiswa dan pegawai kantor di Surabaya Timur dengan harga Rp5.000-Rp20.000. Usaha ini akan menawarkan konsultasi gizi dan bahan makanan bebas MSG.
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- Measures like developing smart cities, expanding road and rail networks, and increasing investment in renewable energy are expected to increase demand in related industries.
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1) The Indian economy's growth slowed in 2011-12 due to global factors but remains one of the fastest growing.
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3) Reforms to subsidies, taxation, investment policies, and infrastructure development are outlined to support inclusive and sustainable growth goals.
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Birds and insects are discussed. Birds have hollow bones making them light and lack teeth. Different birds make different types of nests using their beaks, leaves, fibers and other materials. Some birds like tailor birds sew leaves together to make intricate nests. Migration is when birds fly from cold to warm areas in winter. Insects have no bones and tough exoskeletons. There are over a million insect species including bees, flies, mosquitoes and more. Their bodies and behaviors are described.
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- RBI Governor said rates may be cut if disinflation continues. RBI aims to lower inflation to 8% by January 2015 and 6% by January 2016.
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The document discusses the impact of the Indian budget on various sectors of the economy. Key points:
- The budget aims to boost infrastructure development which will help revive sectors like cement, construction equipment, and real estate that have been struggling in recent years due to slow growth.
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This document provides a summary of developments across various industries in India, including banks, infrastructure, IT, and media & entertainment. Some key points covered include:
1) RBI has notified that Axis Bank's acquisition of Enam must be an all-cash deal.
2) The long-awaited Land Acquisition & Rehabilitation Bill has been approved by the Cabinet.
3) IT stocks declined due to concerns about the US economy after comments from the Federal Reserve chair.
4) The Indian film industry is projected to grow substantially over the next few years according to an Assocham report.
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- India committed Rs. 11.87 trillion in investments in renewable energy projects at an investor summit in Andhra Pradesh.
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- Pharma industry is bracing for tighter manufacturing regulations following incidents involving Indian pharmaceutical products.
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The document summarizes key points from an article about the Indian government's plans to fund affordable housing and highway projects. It discusses the following:
- The Urban Development Minister announced that the government will open an escrow account to collect taxes on building materials like cement and steel to generate revenue for affordable housing construction.
- The Road Transport Minister said the government will initiate measures in the highways sector by securing 100 billion rupees annually over two years, and that contractors will be paid within a month.
- An industry leader said clear policies on foreign investment in infrastructure are needed to help restart stalled projects and boost economic growth.
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The document summarizes the Indian government's approach to the 2012 budget. Key points include:
1) The Indian economy's growth slowed in 2011-12 due to global factors but remains one of the fastest growing.
2) The budget aims to improve the macroeconomic environment and strengthen domestic growth drivers through fiscal and monetary policy changes.
3) Reforms to subsidies, taxation, investment policies, and infrastructure development are outlined to support inclusive and sustainable growth goals.
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The document summarizes the Indian government's approach to the fiscal year 2012 budget. Key points include:
1) The Indian economy's growth slowed in 2011-12 due to global factors but remains one of the fastest growing.
2) The budget aims to improve the macroeconomic environment and strengthen domestic growth drivers through fiscal and monetary policy changes.
3) Reforms to subsidies, taxation, investment policies, and infrastructure development are outlined to support inclusive and sustainable growth goals.
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The document summarizes the Indian government's approach to the fiscal year 2012 budget. Key points include:
1) The Indian economy's growth slowed in 2011-12 due to global factors but remains one of the fastest growing.
2) The budget aims to improve the macroeconomic environment and strengthen domestic growth drivers through fiscal and monetary policy changes.
3) Reforms to subsidies, taxation, investment policies, and infrastructure development are outlined to support inclusive and sustainable growth goals.
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The government increased the interest rate on employees' provident funds to 9.5% but any amount over 8.5% will be taxed, reducing the actual benefit to workers. While the labor ministry intended the additional 1% as a gift, it will instead be taxable income. EPFO manages over 50 million provident fund accounts and faces issues with deducting taxes and providing tax forms for the higher interest amount. Finance Minister Pranab Mukherjee believes displacement due to mining should be addressed through compensation and making tribes beneficiaries of economic development, rather than stopping mining entirely. The government is considering having tribes receive 26% of mining project profits but differences remain within the government on this proposal.
Et Slides
The government increased the interest rate on employees' provident funds to 9.5% but any amount over 8.5% will be taxed, reducing the actual benefit to workers. While the labor ministry intended the additional 1% as a gift, it will instead be taxable income. EPFO manages over 50 million provident fund accounts and faces issues with deducting taxes and providing tax forms for the higher interest amount. Finance Minister Pranab Mukherjee believes displacement due to mining should be addressed through compensation and making tribes beneficiaries of economic development, rather than stopping mining entirely. The government is considering having tribes receive 26% of mining project profits but differences remain within the government. Indian retailers like Titan and VLCC
Summer Training Project Report
This document summarizes a study of distribution channels for Ralco Cycle Tyres and Tubes. It provides background on Ralson India Ltd and analyzes strengths, weaknesses, opportunities and threats. Key findings from dealer and OEM surveys include that replacement services need to be more speedy, prices could be decreased, inventory increased to meet OEM demand, and more discounts provided to dealers. The study had limitations of sample size representing only Punjab dealers and potential for incorrect dealer information.
This Week News
The RBI raised interest rates by 25 basis points to 6% and the reverse repo rate by 50 basis points to 5% to curb inflation. This will make loans more expensive for corporations and individuals while increasing deposit yields. Tata Steel supports the new mining bill's provision for miners to share 26% of profits with locals affected by projects. Bajaj Hindusthan plans to invest Rs. 10,000 crore to set up 1,980 MW of thermal power capacity in Uttar Pradesh as it diversifies from sugar. Genpact plans to enter West Asia to serve local clients, having signed contracts with Sabic and two Gulf financial services firms. SAIL's JV with Posco for a 3 million ton
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
This week et news
Samsung raises its 2010 smartphone sales target to 25 million units from an original target of 18 million due to the popularity of its Galaxy S Android-based smartphone. Samsung does not plan to introduce new models to replace the Galaxy S during the holiday season, hoping sales of the model will continue strongly. The new direct tax code could significantly increase the number of global Indians subject to tax in India by changing the definition of tax residency to include individuals staying in India for over 60 days. This may impact many non-resident Indians. Indian IT companies oppose a proposed increase in visa fees for H1B and L1 visas, which they estimate could cost them $200-250 million per year as most have over half their workforce from
This week et news
Samsung raises its 2010 smartphone sales target to 25 million units from 18 million due to the popularity of its Galaxy S Android-based smartphone. It does not plan to introduce new models this year, hoping Galaxy S sales remain strong. The new direct tax code could significantly increase the number of global Indians subject to tax in India by changing the rules around tax residency and eliminating a loophole. It is expected to take effect on April 1, 2012. Indian IT companies oppose a proposed increase in visa fees for H1B and L1 visas, which they say would increase their costs by $200-250 million per year as most have more than half foreign workers.
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