February, 2009 - FreePress India

FIIs net sellers of Rs 185 cr in cash on Thursday

February 13, 2009February 13, 2009 by Editor's Desk

Foreign institutional investors (FIIs) were net sellers of Rs 185.32 crore (provisional) in the cash segment on Thursday, according to information posted on the BSE website. While FIIs made gross purchases of Rs 891.64 crore, their gross sales stood at Rs 1,076.96 crore. Domestic institutional investors (DIIs) were net buyers of Rs 84.37 crore (provisional) … Read more FIIs net sellers of Rs 185 cr in cash on Thursday

RCom cuts STD Tariffs – Hints at Full Blown War

February 12, 2009February 12, 2009 by Editor's Desk

Reliance Communications, India’s largest and only unified telecom service provider, has floated an STD pack that will give customers call facility of 50 minutes across all networks for 30 days on e-recharge of Rs 35. The new offer would be available till February 28, 2009 for GSM users of Uttar Pradesh and Uttarkhand. Reliance known … Read more RCom cuts STD Tariffs – Hints at Full Blown War

Uco Bank introduces compromise scheme in Orissa

February 12, 2009February 12, 2009 by Editor's Desk

State-run banking entity, Uco Bank, has launched a compromise scheme to enable defaulting borrowers to settle their debts with an outstanding amount of less than Rs 25,000 in Orissa. Under the scheme, loans which are under the category of non-performing assets (NPAs), can be settled by paying 10 to 50% of the outstanding amount. The … Read more Uco Bank introduces compromise scheme in Orissa

BSNL sets to launch 3G, IPTV services in Shimla

February 12, 2009 by Editor's Desk

Bharat Sanchar Nigam (BSNL) is all set to roll out the 3-G mobile and Internet Protocol Television Services (IPTV) service in Himachal Pradesh. Shimla is amongst the 15 big cities where BSNL is launching 3G mobile services in the country. 31 towers required for the 3-G services are being installed at various parts of the … Read more BSNL sets to launch 3G, IPTV services in Shimla

Inflation at 4.39% for week ended Jan 31

February 12, 2009February 12, 2009 by Editor's Desk

Inflation continues its downward journy as the wholesale price index (WPI) for all commodities fell by 0.7% to 228.4 on weekly basis for the week ended January 31. Growth in WPI stood at 4.39% in the said week compared with 5.07 in the previous week.

Delhi govt to launch insurance scheme with Rs 1.25 monthly premium

February 12, 2009 by Editor's Desk

With an eye on the forthcoming elections, Delhi government has come up with a new postal life insurance scheme for a monthly premium of Rs.1.25 for the rural population. The new policy will provide a coverage of Rs 1,00,000 of sum assured and the policyholder has to contribute only Rs 1.25 per month or Rs … Read more Delhi govt to launch insurance scheme with Rs 1.25 monthly premium