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News File News File

Lakhvir SinghLakhvir Singh

MBA 2AMBA 2A

Tata Steel hikes prices by up to Tata Steel hikes prices by up to Rs.1500 a tonnRs.1500 a tonn

3% increase in steel prices , may jack Rates 3% increase in steel prices , may jack Rates Rs.1500 tonnes.Rs.1500 tonnes.

Result –Steel makers like SAIL, JSW and Result –Steel makers like SAIL, JSW and Essar Steel increase their prices.Essar Steel increase their prices.

Sail-Rs.1000/tonnesSail-Rs.1000/tonnesJSW Steel and Essar Steeln by JSW Steel and Essar Steeln by

Rs.1500/tonneRs.1500/tonneAverage steel price 30000-40000/tonneAverage steel price 30000-40000/tonne

Brand launches: Onida, Heinz, Parle Brand launches: Onida, Heinz, Parle AgroAgro

HAAGEN-DAZS introduced four new flours HAAGEN-DAZS introduced four new flours in stick bars — cookies & cream, coffee in stick bars — cookies & cream, coffee almond crunch, vanilla milk & chocolate and almond crunch, vanilla milk & chocolate and vanilla almonds. They are priced at 150 each.vanilla almonds. They are priced at 150 each.

LIC to approach IRDA for floating LIC to approach IRDA for floating infra bondinfra bond

LIC, plane to approach sector regulator IRDA LIC, plane to approach sector regulator IRDA in the next 8-10 days to get the approval for in the next 8-10 days to get the approval for floating infrastructure bonds.floating infrastructure bonds.

Raising infrastructure bonds up to Rs.5000croeRaising infrastructure bonds up to Rs.5000croeUnder infrastructure bonds , an individual; can Under infrastructure bonds , an individual; can

invest Rs. 20000 and claim tax benefit apart invest Rs. 20000 and claim tax benefit apart from permitted under section 80(c)from permitted under section 80(c)

China ,s Wen supports dtable euro China ,s Wen supports dtable euro ahead of EU summitahead of EU summit

China pledged to support stable euro and not China pledged to support stable euro and not reduce its holding of European.reduce its holding of European.

Globe TotterGlobe TotterGoogle has filed a civil lawsuit in a US Google has filed a civil lawsuit in a US

federal court to stop rogue pharmacies federal court to stop rogue pharmacies illegally advertising on its site. The internet illegally advertising on its site. The internet giant hopes the legal proceedings filed on giant hopes the legal proceedings filed on Tuesday will deter phony pharmacies from Tuesday will deter phony pharmacies from violating its ad policies by selling illegal violating its ad policies by selling illegal drugs on Google.drugs on Google.

CWE 2010 will result in economic CWE 2010 will result in economic impact of $4.940mimpact of $4.940m

Commonwealth Games 2010 is expected to Commonwealth Games 2010 is expected to result in an overall economic impact of $4,940 result in an overall economic impact of $4,940 million on India's GDP during a period of four million on India's GDP during a period of four years ending 2012.years ending 2012.