Tuesday, December 28, 2010

Finance news of the day(28-12-2010)

Mahindra to hike prices of all models in Jan
 Mahindra & Mahindra said it will raise the prices of its products across all categories in January due to increase in commodity rates.

Consolidation wave likely in BPO sector: Gartner
The $12 billion Indian BPO industry is facing stiff competition from countries like the Philippines.
India may see record foodgrains output in 2010-11: Basu
Basu said the government would easily achieve the target for record production of 82 million tonnes of wheat and 16.5 million tonnes of pulses in the ongoing crop year.

Gold, silver move up on firm global cues
Gold moved up by Rs 70 to Rs 20,790 per ten gram while silver rose by Rs 150 to Rs 45,000 per kg at the bullion market on Tuesday.

Discounts, designer tags charm Indian fashion shoppers online
Online shopping sites, which offer the latest designer labels without the killer price tags associated with them, are gradually becoming a part of the fashion market in India.

Indian girl, 6, is world’s youngest yoga trainer!
An Indian girl, Shruti Pandey, who is just six years old, has become the youngest yoga trainer in the world.
Implementation of RTE Act high point of education in 2010
The govt committed Rs 2.31 lakh crore till 2014-15 for the programme.

Pune bandh turns violent, city buses set ablaze
Pune bandh, called for by Shiv Sena and BJP over Dadoji Konddev statue removal, began violently.

Sachin Tendulkar shuns liquor ad, wins laurels
Sachin Tendulkar chose principles over money and then fielded the laurels showered on him.
Yearender: Sachin Tendulkar shines, spot-fixing shames
Cricket was brought to new lows due to the spot-fixing, but Sachin Tendulkar got the game to glow.
Scams embroil top ex-judges Balakrishnan and Krishna Iyer
Trouble is brewing for former CJI K G Balakrishnan and former SC judge V R Krishna Iyer.
Scams brought disrepute, but won't affect forces: Army Chief
He said officers would need to introspect and match their aspirations with their organisational goals.
BJD leader says sorry for anti-Christ ploy
A local BJD MLA had a blasphemous portrait of Jesus Christ inserted in greeting cards.
Fortis to set up centres to treat metabolic diseases
Fortis Healthcare announced its foray into speciality medical centres, which will focus on the treatment of metabolic diseases.

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