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Exporters easy target of stimulus pull-out: Com Secy
With turnaround in exports, the finance ministry is likely to withdraw a string of fiscal stimulus given to exporters to fill in the "budgetary hole", commerce secretary Rahul Khullar said today.

Assembly, Council to condole YSR's death
Andhra Pradesh chief minister K Rosaiah said a meeting of the state Legislative Assembly and Council would specifically be convened to condole the death of former chief minister, Y S Rajasekhara Reddy.

News of the day

Asian markets end in green
Asian markets ended in the green today. The Hang Seng, dropped from its intra-day high to end with a gain of 115 points at 22,412.
Home Business

IRB Infrastructure to raise funds

IRB Infrastructure Developers will raise funds by further issue of securities. - Jaiprakash tops combined value-volume charts - Markets continue to languish - Lanco Industries soars on strong Q2 nos - Markets in red in opening trades - Hero Honda up 2% on good nos - Market ends volatile day with a 200-point loss In a statement to the Bombay Stock Exchange (BSE), the company said, "It will consider raising funds in domestic and international markets through equity shares and warants with non-convertible debentures under qualified institutions placements". The company will discuss these measures in its board meeting on October 30, the day it will declare its Q2 results. On BSE, the company"s shares were trading weak at Rs 249.30, down 0.84 per cent at IST 1141.


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