Thursday, December 13, 2012

TODAYS IMP EVENTS - CORPORATE NEWS 13-12-2012

Corporate News
 
 Power Finance Corporation disbursed Rs 7,400 crore of transitional loan to five financially ailing State Electricity Distribution Utilities.
 The board of Colgate Palmolive (India) has declared a second interim dividend for the financial year 2012-13 of Rs 6 a share of Re 1 each.


 NIIT has tied-up with Ireland’s Digital Marketing Institute and aims to train 25,000 students over the next three years in the digital marketing course.







Economy News

 
 Retail inflation for the month of November 2012 came in at 9.9%, higher than the 9.75% level recorded in the previous month.
 October IIP grew by a strong 8.2%, manufacturing at 9.2% has surprised positively while mining disappointed and contracted by 0.1%, Electricity came at 5.5%.








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Inflation—14 Dec 2012

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