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Popular Articles

Fiscal deficit till Aug at 45.5% of full-year target
India"s fiscal deficit touched 45.5 per cent of the full-year estimate in the first five months of the current fiscal. http://smallpersonalloans.org.uk

Sensex opens weak on global cues
The Sensex opened at 16,339 and then slipped to a low of 16,182 on weak global cues. The index is now at 16,233, down 129 points and the NSE Nifty is at 54,847, down 35 points.

News of the day

Birla Shloka Edutech FPO fixes price band of Rs 45-50
Birla Shloka Edutech Ltd, part of the Yash Birla Group, an education company offering IT and ITeS services has announced a price band between Rs 45 and Rs 50 per share per equity share of Rs 10 each for its further public offering (FPO) of Rs 34.77 crore. The Issue opens on January 11.
Home Business

Govt approves conversion of loan to HPL into equity

The government today approved the conversion of its Rs 128 crore loan to state-run Hindustan Prefab (HPL) into equity to help the company becoming a viable enterprise. "With this approval, the accumulated losses will be set off against equity, and the company is expected to emerge as a viable and profit-making Central Public Sector Enterprises in the coming years," Information and Broadcasting Minister Ambika Soni said after a Cabinet meeting here.


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