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Rosaiah for balance between growth and inflation
Andhra Pradesh chief minister K Roasiah said the central and state governments had a task to strike a balance between growth and inflation. The three fiscal stimulus packages announced by the central government infused liquidity for maintaining economic growth.

Not the right time
Business Standard / New Delhi August 26, 2009, 0:43 IST

News of the day

Should RBI raise interest rates?
- Oil imports rise first time in over a year - 2010 set to be year of indices trading - Crisil to research illiquid stocks to help investors - "Indian regulatory regime has brought us a world of good" - Global crisis pinches FDI purse in 2009 - Experts debate rollback of lenient policy
Business Opportunities

High Court approves merger of two units with Godrej Consumer

FMCG major Godrej Consumer Products today said the Bombay High Court has given its approval for the merger of the company"s two group firms — Godrej ConsumerBiz and Godrej Hygiene Care — with itself. - Analysts" corner - Sara Lee buy to benefit Godrej Group - Soap opera - Godrej looks to buy some of Sara Lee"s international biz - GCPL: Attractive pricing pays off - "We intend to cover 50,000 villages soon" The High Court "has approved the scheme of amalgamation of Godrej ConsumerBiz Ltd and Godrej Hygiene Care Ltd with Godrej Consumer Products Ltd on October 8," the fast moving consumer goods company said in a statement to the Bombay Stock Exchange (BSE). The effective date of the scheme will be the date on which the certified copy of the order passed by the court is filed with the Registry of Companies, Maharashtra, it added. Shares of Godrej Consumer Products were trading at Rs 264, up 0.23 per cent in the afternoon trade on the BSE.


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