The largest iron ore producer of the country, National Mineral Development Corporation (NMDC) is all set to slash the prices of iron ore by 40 percent. The step is aimed to increase the demand of iron ore for the manufacture and automobile sector. The board of NMDC would meet on December 4-5 to discuss the impact of the global slowdown on steel makers and iron industry.
After nearly a six-month ban, Future trading in soya oil, chana, potato and rubber resumed on 4 December on the MCX, NCDEX, NMCE and NBOT platforms. While soya oil and chana opened weak, potato and rubber were firm.
India’s top Design firm, Bobby Mukherji & Associates (BMA) received the coveted CNBC Awaaz Crisil Real estate award for the best hospitality interior project.
At a splendid award function held at the ITC Maratha, Mumbai, the award was presented to Bobby Mukherji, by India’s top honchos, Mr. Senthil Chengalvarayan–Managing Editor–CNBC TV18, Mr. Neel Choudhury- VP Marketing & Sales-CNBC TV-18 & CNBC Awaaz, Mr. Anshul Jain-CEO-DTZ & Mr.Tribhuwan.
English is the language that Indians aspire to learn! English is the language that the majority of Indians use while communicating on the net!
At the third edition of the Internet Governance Forum officially opened on Wednesday in Hyderabad, Mr. Ajit Balakrishnan, CEO of Rediff.com, stated that from the last ten years, there is no proof of the Internet business that users want Indian languages.
Rediff has email in 11different languages, and 99 percent of the users would like to use email in ‘English’.
The Kerala High court issued a stay order on the construction of the Rs 5,000 crore Vizhinjam Port Transshipment Terminal Project in Kerala, which was awarded to Hyderabad-based Lanco Infratech. The ruling comes in response to a petition, filed by Mumbai-based Zoom Developers, whose bid for the port project was disqualified on technical grounds. The divisional bench, headed by chief justice H L Dattu, has given 15 days to the evaluation committee to look into the tender quotations, submitted by Zoom.