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THIS IS MY PAGE --RAMESH
| From : Ramesh Sankula at 09:09 PM - Feb 19, 2010 (24 months ago) |
THIS IS MY PAGE AND I WILL UPDATE IT REGULARLY, WITH WHAT I KNOW..
AM VERY HAPPY IF THIS PAGE CAN HELP ANY FRIENDS.........
regards
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New FDI Policy to be unveiled on March 31 Date : Feb 20, 2010 In a move to push FDI (Foreign Direct Investment) inflows further, the proposed new FDI policy will be unveiled on March 31. While announcing this, the Union Minister for Commerce and Industry, Anand Sharma clarified that the proposed new FDI policy intends to rationalise and simplify the policy regarding FDI. The new FDI policy will subsume as many as 177 Press Notes (PNs) into a single regulatory framework. Moreover, FDI policy seeks to raise the cap for automatic approvals from the existing Rs 600 crore to Rs 1,200 crore. These cap figures are of net equity inflow as opposed to project cost which was the parameter earlier. The Ministry had asserted that the consolidated framework is aimed at providing a greater clarity on the existing rules to foreign investors. This document intends to consolidate foreign investment policy notified through a slew of Press Notes by the Department of Industrial Policy and Promotion (DIPP) and various Reserve Bank of India (RBI) circulars, into a single regulatory framework. It is expected that having a single policy platform would also ease the regulatory burden for the government. As far as the growing trade imbalance with China is concerned, Sharma clarified that India had expressed its concerns over this issue and had asked China for more market access for Indian goods and services, especially in the areas of pharmaceuticals, construction and IT services. It is noteworthy that China exports to India $14 billion worth of goods and services more than it imports from India. The Minister also asserted that India need not devalue its currency just because China did the same. Amidst wide spread speculation regarding the fate of existing stimulus packages, in the run-up to the annual budget, Sharma informed that the Commerce Ministry had already conveyed its concerns about the impact of the withdrawal of stimulus measures on exports. He further added that the Finance Minister was well informed and sensitive to the prevailing situation.
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Thanq very much to all and
Sri Rakesh Ji
Sri Mangta Siddu Ji
Sri Vimal Ji
and others
for ur kind support and encouragement..........................
Good Evening Ramesh Sankula Ji Nice thread ... Good inforrmation..... Thanks ...God bless you
my research stocks for 22.02.2010
Jindal Photo Ltd
Nilkamal Ltd.
VIP Industries Ltd
Varun Industries
short ( on monday )
Varun Industries Ltd
I dont know the stop loss and technicals.
Short @ day's High and exit with 10 points.
Happy trading.................
| Headline | : | Comp U Learn to acquire New Jersey based company |
| Date | : | Feb 20, 2010 17:08 |
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Comp U Learn Tech India has said that the board of the company has approved acquisition of 100% stake in New Jersey based Astus Technologies Inc. This move is a part of the company’s plan to acquire net assets of another USA-based company. Its solicitors are examining the different alternatives and modus operandi for acquisition of another American entity and therefore the board has deferred the decision in this regard to next board meeting. Meanwhile, the proposed acquisition is originally envisaged through wholly-owned subsidiary company in USA which will be object-oriented vehicle in this regard. The company is looking to route this transaction through Astus Technologies Inc., which will become its wholly-owned subsidiary once the acquisition is over. In a related development, the board has also accorded its consent for availing loan of Rs 5 crore from UCO Bank for meeting working capital requirements of the company. Recently, Comp U Learn had formed Compulearn Middle East FZC (CME) as its majority-owned subsidiary company in the UAE for the growth initiative. |
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Ramesh Ji, are you going to give job vacancies, walkins for IT companies on this page?
GOOD INFORMATION BHAI : VERY VERY THANK FUL TO U
| Headline | : | Mahindra Satyam to hire 5,000 people by March-end |
| Date | : | Feb 19, 2010 16:01 |
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IT major Mahindra Satyam is on a hiring spree and is looking to recruit around 5,000 people, including freshers and experienced professionals, by the end of next month. The company will hold walk-in interviews at all major cities across the country in the coming weeks. The job locations are across the company's offices in Hyderabad, Chennai, Bangalore, Vizag, Pune and Bhubaneshwar. |
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