weekly news
TRANSCRIPT
Posted by
Ankush Gupta
MBA 2A
Weekly news
SEBI has rejected the MCX-SX’s applications for stock and debt trading platforms stating non-compliance with the shareholding rules.
For the compliance of MIMPS rules, MCX-SX has stated that the capital reduction had been suggested by SEBI chairman
SEBI rejects MCX-SX plea for operations
Investors are disappointed with the Reliance Contribution’s to the market in the last four months .
RIL shares have risen only 3.7% in the last four months as compared to total market increase which was 22% it is very less
Reliance missing in euphoria
Food inflation rose for the fourth week running as widespread floods in North India pushed up prices of cereals, fruits and vegetables
Food Prices were up 15.46% for the week ended September 11 from a year ago, a marginal increase from 15.1% for the week before
Rise in food inflation
Tata Motors will launch Aria a cross-over between a multi-utility and sports utility vehicle within a month.
Aria sports a 2.2-litre common rail diesel engine and blends the functionality and comfort of a mid-range MPV with the all-terrain assurance and premiumness of an SUV.
Safety features include 6 airbags and Electronic Stability Program (ESP), offered by an Indian manufacturer for the first time.
Tata Motors to launch Aria
Consumer electronics firm Weston is entering into the Indian mobile phone market.
Their vision is to introduce the most affordable handsets in India keeping in mind the features to price ratio.
The company today launched seven models between a price range of Rs 1600 to Rs 3500.
Weston forays into mobile handset market
South Korean car maker, Hyundai, plans to tweak its existing Indian operations to expand the manufacturing capacity.
It aims to take its share to 22% of the total cars sold in the domestic market.
CEO & MD, Hyundai Motor : HW Park
Hyundai to raise capacity to ensure 22% market share