Shriram Transport Finance Company (STFC) is expecting good response to its non convertible debentures (NCD) issue from tier II and III towns.

NBFC expects good response from smaller towns to debt instrument

Business Standard

Hyderabad-based digital marketing company Ybrant Digital will be acquiring a minority stake in Web 3.0 of Israel, which operates in the digital fields of web, mobile web and performance-based marketing and applications development. The size of the deal has not been disclosed.

Ybrant eyes minority stake in Israeli firm

Increasing farm mechanisation in Uttar Pradesh compared to some other high yielding agricultural states in North India is fueling the tractor market growth.

Agriculture mechanisation fueling UP tractor market

RPP Infra Projects Ltd has entered Sri Lanka with a new venture RPP Infra Projects (Lanka) Ltd. The new company was launch-ed to execute the recently-won housing project for internally displaced people in Sri Lanka, according to company statement.

RPP Infra enters Sri Lanka

National body, Entrepreneurship Development Institute of India (EDII) has demanded entrepreneurship policy for states and has urged the governments to include entrepreneurship in the curriculum at elementary education level.

Vidhan Parishad resolution in assembly today

Celkon Impex Private Limited, a Hyderabad-based dual-SIM mobile handset manufacturer, is planning to establish an assembly plant in southern India by next year, involving an investment of close to Rs 100 crore.

Celkon plans Rs 100-cr assembly plant in south

The spiralling price rise of input cost and lack of demand of cement which is the maximum revenue generator for Birla Corporation, is putting pressure on the margins of the company.

Input cost and fall in demand of cement worries Birla Corp

Pricol Travel, part of the Coimbatore-based Pricol group, is looking to acquire two companies in the corporate and luxury travel segment in the next 24 months.

Pricol Travels eyes two buyouts

An expert committee constituted by the Orissa government to broaden the state's revenue base, has recommended the state government to hike the base rate of Value Added Tax (VAT) from four to five per cent, create a separate wing for professional tax administration and fix higher rate for industrial water during drought years.

Expert panel pitches for raising base VAT rate to five per cent

The demand for paper consumption would grow for the next 20-25 years, irrespective of digitisation and technological advancement.

'Digitisation will not hit paper industry'

The National Institute for Micro, Small and Medium Enterprises (ni-msme) is planning to conduct a number of entrepreneurship development programmes in food processing in this year.

ni-msme training programmes in food processing

The officials of Jagatsinghpur district administration, who claimed to have achieved a major breakthrough by initiating construction work for boundary wall and rehabilitation colony of the Posco project, today found themselves gheraoed by activists of United Action Committee (UAC), a pro-Posco group.

Pro-Posco activists stall Posco boundary wall construction

Taking a leaf out of Mamta Banerjee&rsquo;s Singur book, Congress party in Chhattisgarh had announced that if it comes to power in the state, it would scrap all the Memoranda of Understanding (MoUs) inked with investors by the Bharatiya Janata Party (BJP) government.

Congress threatens scrapping MoUs

Big Animation also has plans to introduce two of its animation series including super hero Shaktimaan and its feature film Hey Krishna, in next five to six months, said a senior executive from the company.

Reliance group's Big AIMS to open 8 animation centres in TN

State-owned GSPC Gas, Adani hike prices in the wake of rising cost of imported LNG.

After diesel, LPG, consumers to shell out more for CNG

One of the most prickly nettles for governments in India today is land acqusition for industry. The Centre is drafting a new Bill on the issue, but land is a state subject, and different states have different land acquisition policies. The Bill can at best provide an enabling framework.

Who tilled my land and ate my pie?

With the latest price hike in gas, diesel and cooking gas imposed by the Centre, the Gujarat government has said that the move will put a burden of Rs 500 crore on the state exchequer.

Fuel price hike to add Rs 500 cr burden on state: Saurabh Patel

In order to keep pace with rising demand of milk in the country, Gujarat Co-operative Milk Marketing Federation (GCMMF), which owns and markets Amul brand of milk and milk products, is now increasingly looking beyond Gujarat for procuring milk.

Amul starts milk procurement from Rajasthan, Haryana, Bihar

Pune-based Universal construction machinery and equipment limited has begun its construction equipment retail business with the launch of &quot;Universal Exclusive Stores&quot; in Patna, Bihar. The company will expand its retail format to cities like Kurukshetra, Surat, Nagpur, Jaipur and Hyderabad in the next two to three months and will launch a total of 35 stores in next five years. The store will house all Universal Brands and will be run by franchisees.

Universal forays into construction equipment retail business

A delegation of the Department of Information Technology, Government of India (GoI) will visit Orissa soon in connection with the implementation of the information technology investment region (ITIR) proposed in the state.

Central team to visit soon for talks on ITIR implementation

With investors being unsure of the MFI sector for time being, Ahmedabad-based Self Employed Women's Association (SEWA) promoted non-banking finance company (NBFC) Ananya Finance for Inclusive Growth (AFIG) has witnessed delay in its plans to raise share capital.

SEWA NBFC arm witnesses delay in raising share capital

- Find Specials News, Features, Analysis and more at Business Standard. Business Standard brings in-depth coverage of major events, issues and developments in India

Page 3056 - Specials News