Government decides not to Proceed for the Time being with the initial Public offer of 10% Paid-P Equity Shares Of Rashtriya Ispat Nigam Limited (RINL);

 Government Remains Committed to the Disinvestment Programme and will Evaluate the Decision in due Course keeping in View all Relevant Factors. Rashtriya Ispat Nigam Limited (RINL) had earlier proposed to make an initial public offer of 488,984,620 Equity Shares of Rs. 10 each by way of an offer for sale by the President of India, …

Dr.M.Veerappa Moily Details MCA Initiatives at EEC 2012

Union Minister of Corporate Affairs Dr. M.Veerappa Moily today detailed the recent initiatives taken by his ministry for attaining an all – inclusive role of addressing a vide sweep of functions – Corporate Governance Reforms and the Emerging Legal Framework with a vision to facilitate corporate growth with enlightened regulation. Addressing media persons gathered at …

Civil Aviation Minister addresses Economic Editors’ Conference; Enumerates Measures to boost the Growth of Civil Aviation Sector in India

Union Minister of Civil Aviation ShriAjit Singh addressed the Economic Editors’ Conference in New Delhi today. In his opening statement he touched upon various issues concerning the growth of aviation industry in the country. He said that the Government’s decision to allow 49% FDI by foreign airlines in Indian carriers will help in rapid growth …

India Releases Firstever detailed Aviation Carbon Footprint Report for 2011

The Directorate General of Civil Aviation (DGCA) presented today the 2011 Carbon Footprint Report for the Indian Aviation Industry, in line with India’s initiatives to address the climate change challenge.The report was released at the 49thConference of Directors General of Civil Aviation (DGCA), Asia Pacific Regions being held in New Delhi.Compiled for the first time …

Students to voice their concern on Extortionary Corruption at Gujarat NRE National Integrity Theme Presentation Contest in I-Fest 2012 at Nirma Univeristy

Ahmedabad, 9th October 2012: ISTE Students’ Chapter of Nirma University is organising its 5th Annual Techno-Cultural Colloquium I-Fest’12 from 11-13th October 2012. I-Fest’12 is aimed at bringing out the best of the brightest minds in colleges across the nation, with an aim to bring out the talents of all the budding engineers by amalgamating their …

Mobile Shopper Numbers to Increase by 50% in Two Years, Juniper Report finds But consumer concerns remain over transaction security levels

Hampshire, UK – 9th October: The number of consumers purchasing physical goods remotely via their mobile handsets is expected to increase by nearly 50% over the next two years, a new report from Juniper Research has found. According to the report, the strong growth – taking user numbers to 580 million by the end of …

BHP Billiton Prices A$1.0 Billion Note Issue

October 09, 2012 BHP Billiton has today priced a five year A$1.0 billion note issue under its Australian Medium Term Note Program. The Australian dollar notes will pay interest at 3.75 per cent and mature in October 2017. The proceeds will be used for general corporate purposes.

Rio Tinto Investor Seminar

Rio Tinto is holding an investor seminar in London and New York today that includes an in-depth look at its Copper product group and its Technology & Innovation group. Highlights from the presentations: • Rio Tinto’s strategy of maximising shareholder value by investing in and operating large, long-term, cost-competitive mines and assets is unchanged. • …

Just another post in the wall

I was out for a day. Out of the city, sans my mobile phone and deliberately unwired – no laptop, no tablet, no android, no blackberry – absolutely unarmed, unprotected, a sitting bird (as opposed to birds of a feather tweeting together). It was like going to a detox center. Socialaholics  Anonymous. Naturally the moment …