Popular Articles

Insurance agents oppose elimination of commission
About 25 lakh life insurance agents have opposed the recommendations of Swarup Committee on elimination of upfront commission paid to advisers. "Implementation of the recommendation will make the role of 25 lakh life insurance agents working with LIC and private insurers redundant and adversely affect crores of people who are dependent on them," Life Insurance Agents" Federation of India President H M Jain told reporters here.

Sara Lee buy to benefit Godrej Group
Indian company has first right of refusal to buy partner’s stake.

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Yeddyurappa rules out dropping any minister
Karnataka Chief Minister B S Yeddyurappa today ruled out the question of dropping any of his ministers, a demanded made by the dissidents, but vowed to change his style of functioning.
International Business

Shree Cement Dec sales up 22%

Shree Cement today reported a 22.4 per cent increase in sales in December of 8.58 lakh tonnes. - Rise in cash flow helps Cement firms shed reliance on borrowings - Shree Cement to invest Rs 2,000 cr on capacity expansion - Cement industry posts good sales growth in Nov - Land issues halt Shree Cement"s expansion plans - Shree Cement to invest Rs 450 cr by mid-2010 - Shree Cement net profit soars over two-fold The company had sold 7.01 lakh tonnes of cement in December 2008, Shree Cement said in a statement. During the first nine months of the current fiscal, the Kolkata-based firm sold 67.7 lakh tonnes of cement, an over 24 per cent increase from the corresponding period of previous fiscal.


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