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BAG Films board approves raising $30mn
Delhi-based BAG Films and Media, a media and entertainment company, today stated that its board has apporved the raising of upto $ 30 million (about Rs 141 crore) through global depository receipts (GDR) or foreign currency convertible bonds (FCCB) or any other security in the international market.

NIA to complete 26/11 probe in 6 weeks: Pillai
Barely a week before the first anniversary of Mumbai terror attack, Union Home Ministry has expressed hope of completing the investigation into the incident within next six weeks.

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India Inc prefers other sources to bank funds
Bank credit fell sharply in the first half of the financial year, but the overall funds flow to the corporate sector was virtually the same as the corresponding period last year.
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Srei Infra Fin PAT rises marginally

Srei Infrastructure Finance has posted a consolidated profit-after-tax (PAT) of Rs 38.91 crore for the first quarter of the current financial year as against Rs 43.20 crore during the same quarter the previous year, a fall of about 9.93 per cent. - Arun Maira now a Plan panel member - 84 new units in state to emit 172 mt carbon dioxide - Congress behind PM on Indo-Pak joint statement - Arun Maira quits Patni board to join Planning Commission - Employee union demands CBI probe into OPGC irregularities - Locals stall Monnet power plant work Srei’s consolidated business in June 2009 was Rs 1,532.70 crore, as against Rs 1,787 crore in the corresponding period last year.


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