Editor's Desk

Despite a continued contraction in exports (-1.1% YoY), lower oil prices resulted in India’s trade deficit coming in at US$7.6bn – a nine month low. Adjusting for lower exports and imports in the remaining months of this fiscal, we expect the customs trade deficit in FY09 to come in at US$108bn v/s 80bn in FY08. … Read more India’s Dec Trade Update + Outlook for FY10

Priya Exhibitors, one the promoter of PVR, has pledged five lakh shares with Axis bank, New Delhi. The mentioned number of shares pledged constitute 2.17% stake in the company. PVR is the leading and premium Multiplex Cinema Exhibition company. Currently, its a diverse cinema circuit in India consists of 26 cinemas with a total of … Read more PVR promoter pledges 5 lakh shares with Axis Bank

Oracle Financial Services Software, a majority-owned subsidiary of Oracle Corporation, has announced that Kapital Bank, a leading bank in Azerbaijan, is using Oracle’ FLEXCUBE Universal Banking to help expand the size and depth of its banking operations across its network of 88 branches. Oracle FLEXCUBE’s process-centric approach has helped enable the bank to optimize business … Read more Kapital Bank of Azerbaijan leverages ORACLE FLEXCUBE

Murudeshwar Ceramics has informed that the Company has received declarations pursuant to Regulation 8A(1) of the above said regulations from Persons forming part of the Promoter Group and the following are the particulars of the declarations received: 1. Name of Pledgor : R N Shetty Family Trust Name of Pledgee : Industrial Development Bank of … Read more Murudeshwar Ceramics Directors Pledge 20% Equity