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Popular Articles

GST, FDI can quadruple FMCG turnover in 10 yrs: Survey
Despite the economic slowdown, India’s Fast Moving Consumer Goods (FMCG) sector has grown consistently during the past three to four years, reaching a size of $25 billion (Rs 120,000 crore) at retail sales in 2008. The industry is poised to grow 10-12 per cent yearly for the next 10 years to reach $43 billion (Rs 206,000 crore) by 2013 and $74 billion (Rs 355,000 crore) by 2018.

NHPC to add 4,622 Mw of hydel power by 2012
State-owned Hydroelectric giant NHPC, a mini ratna unit, would add 4,622 Mw of hydel power by 2012, a top company official said today.

News of the day

HDFC Bank Q3 net surges 32% to Rs 818cr
HDFC Bank, India"s second largest private sector bank today reported a surge of 32 per cent in net profit at Rs 818.50 crore during the third quarter ended December 31, 2009.
Business Opportunities

JSW Energy gets SEBI nod for public issue

JSW Energy, a part of Jindal South West (JSW) group headed by Sajjan Jindal, has received SEBI (Securities & Exchange Board of India) nod for IPO (initial public offering). The company is looking to raise a minimum of Rs 2,600 crore by issuing 63.22 million equity shares. IPO proceeds will be used for repayment of debt and equity financing of power projects. It is planning six power projects aggregating to 2790 MW in Rajasthan, Maharashtra and Himachal Pradesh.


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