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Quarterly statements: Labour of love for governors?
Life for Reserve Bank of India (RBI) governors can be tough. Being the government’s money manager is hectic enough, but what have added to their “permanent state of busy-ness” (as an RBI observer says) are quarterly statements, the latest of which will be announced tomorrow. http://smallpersonalloans.org.uk

Tata Motors gets Rs 78 cr loan from UK govt for electric car
Auto major Tata Motors today said its wholly-owned European subsidiary, Tata Motors European Technical Centre, has got a loan of 10 million pounds (Rs 78 crore) from the UK government for its Rs 195 crore electric car project.

News of the day

Analysts cheered by Q2 growth in private consumption
Higher consumption expenditure from the government in the form of pay arrears given to its employees contributed to a high GDP growth of 7.9 per cent in July-September, while gross capital formation slowed to a seven-year low of 1.6 per cent. Private sector consumption also showed a 5.6 per cent increase.
Small Business

GMR ties up with ACI to set up training hub

GMR Hyderabad International Airport Limited (GHIAL) and the Geneva-based Airports Council International (ACI) today signed an agreement for appointment of GMR Aviation Academy as a global training hub for the Asia-Pacific region. - Air passenger traffic falls by 8 lakh in Jan-Feb - Hyd airport to set up engine maintenance centre with CFM - Slowdown delays Hyd airport breakeven Through this agreement, GMR Aviation Academy will facilitate ACI’s training opportunities to help develop managerial and operational standards. ACI has 1,700 member airports. “Considering that other such training hubs within Asia-Pacific located in Dubai, Incheon in South Korea and Kuala Lumpur in Malaysia, GMR Aviation Academy will provide a training venue, not just for the professionals in India but also for those in the SAARC countries,” GHIAL CEO P Sripathy said in a press release.


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