Saudi Arabia's non oil economy is expected to witness robust growth of 7.5% in 2012 on the back of continued high government expenditure and increased domestic demand. The Citi Research report Prospects said that the approval of the long ...
Tags: Citi report, oil industry, oil
The Indian government which recently permitted 51 percent foreign direct investment (FDI) stake in multi-brand retail, while welcomed by the apparel brands and retailers, is being opposed by a few key political parties. Crisil ...
Tags: Indian government, job, FDI
The Government of Indonesia aims to exceed the one billion USD mark in batik exports during 2013, Coordinating Economic Minister Hatta Rajasa, has said. The Minister said the Government intends to earn higher recognition for batik in ...
Tags: batik exports, batik, batik industry, batik market
The Egyptian Government has allocated E£ 300 million for revival of textile companies, especially spinning and weaving units. The Government headed by Prime Minister Dr. Hisham Qandil is keen to revive the textile spinning and ...
Tags: textile sector, textile market, textile industry, weaving units
Addressing the 39th Annual General Meeting of Gujarat Alkalies and Chemicals Limited (GACL), the Chairman Shri A.K. Joti, IAS announced an all time high sales of Rs.1863 crore, registering a growth of 19.35% in a challenging Financial Year ...
Tags: caustic soda, caustic soda plant
The number of people of the Tibetan ancestry is placed at 4,593,330. They mainly live in Tibet Autonomous Region and the neighboring provinces such as Qinghai, Gansu, Sichuan and Yunnan. Tibet, the roof of the world, is a land of ...
Tags: minority peoples, Chinese people, Tibetans
UK - Strictly Come Dancing decamped to Wembley Arena for the second year running during Children In Need weekend. LD Mark Kenyon reports, "Having an extra two load-in days provided more time to set up, rehearse and fine tune the look for ...
Tags: Wembley Arena, lighting, ELP truss, ELP
Reserve Bank of India released second Quarter Review of Monetary Policy 2012-13 and leaves Repo Rate and Reverse Repo Rate unchanged at 8% and 7% respectively while reducing the Cash Reserve Ratio (CRR) by 25 basis points with an intension ...
Tags: TEA, RBI, Monetary Policy 2012-13, garment exporting sector
BS reported that investors in the Hindustan Copper auction issue are already staring at a loss. The price fell below the government set auction floor price of INR 155 on 27th 2012. The issue had been subscribed largely by public sector ...
Tags: Hindustan Copper, LIC, INR 153
Plexus Cotton Limited reported that New York (NY) futures rebounded this week, as December gained 169 points close at 75.22 cents. A week ago the December contract looked like it was ready to fall apart after it pierced through a 3-month ...
Tags: Cotton Futures, cotton industry, cotton market, rebound
Otherwise known as "Jinling lantern fair", Qinhuai lantern fair is a folk cultural activity with a distinctive flavor and popular in Nanjing area. It is usually held between the Spring Festival and the Lantern Festival every year. The ...
UK-based private equity firm Permira has hired banks to provide additional debt for its frozen food company Iglo,which owns the Birds Eye brand. Credit Suisse,HSBC,Nomura and UBS will be managing the Iglo transaction,under which€250m ...
Tags: debt, frozen food, banks
American International Group (AIG) said that the US Department of the Treasury has set an offer price of 30.50 per share for its 163,934,426 shares. The recent move to offload the AIG's share is a step ahead to free the money, it invested ...
Tags: American International Group, underwriter, Stock, insurance
Italy based underwriter Generali is planning to dispose of its non-strategic assets in 2013, to boost its overseas operations and expand into China and the rest of Asia, Eastern Europe and Latin America, and other emerging market. ...
Tags: non-strategic assets, Generali, insurer
UK based Pension Corporation, the specialist insurer which manages pension schemes’ risks, has raised nearly £300m by disposing some of its pension schemes to reinsurer Munich Re. The Munich Re arrangement has been initiated ...
Tags: Pension Corp, Pension Corporation, specialist insurer, pension schemes