FreePress India

India Post plans to sell agriculture insurance to farmers through post offices in Gujarat. India Post is world’s largest postal service with a massive network of 15,000 post offices. Apart from passport applications, it has also started selling gold coins and offering Multi Commodity Exchange of India (MCX) price quotes to the farmers. Further it … Read more India Post to sell agriculture insurance in Gujarat

IndusInd Bank has joined hands with Maruti Suzuki to provide loans to the auto major’s customers on an all India basis. As per the terms of the deal, the bank will offer financing facilities to all eligible customers for purchasing Maruti vehicles. Customers would get quicker and easier credit facilities by the combination of the … Read more Easy finance for Maruti Cars from IndusInd Bank

Fortis Healthcare’s medicity, which is coming up in Gurgaon spread across an area of 1.5 million sq ft, is expected to operationalise the first phase with three specialties and 250-400 beds by the last quarter of the calendar year 2010. The medicity, when fully complete, will have a total of 1,000 beds. Fortis Healthcare is … Read more Fortis medicity to have 3 specialties in the initial phase

With the heating up of much awaited 3G spectrum allocation, the government has set up a Group of Ministers (GoM) to look into the pricing issue and auctioning for 3G spectrum, revolutionizing the era of communication and information on mobile phones. According to information sent to us from Delhi, the GoM will be headed by … Read more Govt sets up GoM to handle 3G spectrum issues

While the policy makers worldwide have been celebrating green shoots or signs of improvement from major world economies in last few months, the World Bank feels that the recovery was still fragile and policy makers needed to avoid over-optimism in handling the economy going forward. Chief of the multilateral body Robert Zoellick expressed cautions on … Read more Recovery still premature: World Bank

Foreign institutional investors (FIIs) were net sellers of Rs 903.32 crore (provisional) in the cash mart on Friday, as per information posted on the BSE website. While FIIs made gross purchases of Rs 1,713.69 crore, their gross sales stood at Rs 2,617.01 crore. Domestic institutional investors (DIIs) were net buyers of Rs 886.13 crore (provisional) … Read more FIIs net sellers of Rs 903 cr (prov) in the cash mart on Friday