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Ashok K Lahiri: Limits of mercantilism
Ashok K Lahiri / November 28, 2009, 0:02 IST

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Farmax Retail plans to raise Rs 500 cr
Farmax Retail (India) today said its board has approved to raise funds up to Rs 500 crore through various routes including issue of foreign currency convertible bonds (FCCBs) and global depository receipts (GDRs).

News of the day

Govt okays stake sale in power firms
The government"s disinvestment programme made a muted re-start with the Cabinet Committee on Economic Affairs (CCEA) approving the part-sale of its stake in two power companies — NTPC and Satluj Jal Vidyut Nigam (SJVNL) — but postponing a decision on the overall disinvestment policy.
Corporate

PM announces Rs 1,000cr assistance to Karnataka

Prime Minister Manmohan Singh today announced Rs 1,000 crore assistance to Karnataka to take up flood relief works after undertaking an aerial survey of the rain-ravaged areas in northern districts. The Prime Minister, who flew over the rain battered villages along with Chief Minister B S Yeddyurappa, made the announcement at a press conference here.


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