Popular Articles

Kotak Mahindra net up 72% at Rs 257 cr
Kotak Mahindra bank today announced its first quarter results. The bank"s net profit went up by 72 per cent to Rs 257 crore in first quarter of FY10 compared to Rs 150 crore in the corresponding quarter last year on a consolidated basis.

Markets remain firm
The markets have held on to their gains in the past one hour. The Sensex is now quoting at 17577, higher by 91 points and the Nifty is at 5251, up 25 points.

News of the day

A V Rajwade: Credit default swaps
- BBX awaiting RBI nod to start global trading in India - Statistical lie - Central Bankese" - RBI seems cool to banks" plea for hiking group exposure limit - Regional Rural Banks demand autonomy - India Inc dispels Dubai debt fears
Corporate

'Orissa not to go against peoples' wishes for mega projects'

Orissa government today said it would seek people"s support for the implementation of mega projects, including Rs 51,000 crore proposed steel plant to be set up by South Korean firm Posco. - Mittal donates for 2012 London Olympics art installation - JSW Steel may abandon Mozambique coal mines - Orissa to access local mood before Lee visit to Posco site">Orissa to access local mood before Lee visit to Posco site - SAIL rules out price hike in Nov - Villagers detain Posco officials - Ore prices up 11% on hopes of revival Though worried over the delay in implementing the Posco project, the state government said peoples" support is foremost for setting up any mega project. "Our policy of peaceful industrialisation is applicable to all the proposed projects, including the one by Posco," steel and mines minister Raghunath Mohanty said. "Posco project will be implemented with the support of the people and not against their wishes," chief secretary T K Mishra told reporters here. The state government"s views came a day after the Centre expressed concern over the delay in implementing the Posco and ArcelorMittal"s proposed steel plants with 12 mtpa capacity each in Orissa. Mishra who chaired the secretary-level review meeting on Posco project yesterday, said efforts were on to convince the agitating people to support setting up Posco"s greenfield project.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):