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Popular Articles

IRDA mulls allowing life insurers to invest in derivatives
The Insurance Regulatory and Development Authority (IRDA) is considering allowing life insurers to invest part of policy holders" money in equity derivatives, a move that would allow these firms to hedge the risks emanating from cash markets.

A dozen banks to get new chiefs this year
If 2009 was a year when three of the country’s largest private sector financial services groups saw new faces at the top, next year could see over a dozen new faces lead state-owned financial sector entities.

News of the day

Pranab may fall back on disinvestment for Budget: Economists
Finance Minister Pranab Mukherjee might have to fall back on disinvestment and other non-tax revenue sources while presenting the Budget for 2009-10 on July 6, economists believe.
Management

Srei Infra to raise up to $200 mn through ECBs

The country’s largest power generator, NTPC Ltd, will be officially powering the Commonwealth Games being held next year. It has got marketing rights for the games that will held in New Delhi next year, in return for a Rs 50-crore sponsorship. - No fear of asset bubble on rising inflows: RBI - RBI tightens ECB guidelines - New MFs to look beyond cities - Credit limit on structured obligations up to $1 billion - India Power combine wins bid for control of DPSC - SDCs to boost Srei rural jobs initiative “NTPC shall be the official power partner for the 19th Commonwealth Games 2010, Delhi,” said a statement released by the company. NTPC today signed an agreement to this effect with the Organising Committee of the games. NTPC plans to use the games’ imagery to market itself. “This recognition will allow the company to enjoy marketing rights, advertising, promotion and recognition to connect with its customers,” the statement read. The NTPC logo will be used with the games’ logo in all events.


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