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Need special bourses for small, medium firms: Pranab
There is need for a separate exchange or platform for small and medium enterprises (SME) as the criteria for listing such companies are different, Finance Minister Pranab Mukherjee said today.

Citibank launches first universal mortgage account
Citibank today launched CitiHome One, a first-of-its-kind universal mortgage product, that would enable customers to get a home-loan as a combination of a conventional term-loan and credit line.

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Sugar bowl might turn bitter for Congress-NCP
Cane growers from the sugar bowl of Maharashtra are happy this time as the statutory minimum price (SMP) for sugarcane has been hiked to Rs 107.76 per quintal for the upcoming crushing season from Rs 81.18 a year ago. The politicians are happier and the happiest are political big-wigs of the ruling Congress-Nationalist Congress Party (NCP) democratic front as they want to en-cash this “feel-sweet factor” during the state assembly elections scheduled on October 13. However, these sugar barons are also swallowing the bitter pill of intra-party rebellion in this “green-belt” of the state.
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Dadri farmers want more time to return compensation

The farmers of Dadri in Ghaziabad district, where Anil Ambani-controlled Anil Dhirubhai Ambani Group (ADAG) has proposed a gas- based power plant, today urged the Uttar Pradesh government to grant more time for returning the land acquisition compensation paid by the company. - Dadri farmers want more time to return compensation - SC sets aside Allahabad HC"s order on GDA"s plea - IMT to open a third campus - B S Sahay to take over as new director of MDI Gurgaon - Ajit Singh-led Rashtriya Lok Dal joins hands with BJP - Ian Lancaster new CEO of Reliance MF"s Malaysian arm On December 4, 2009, a division bench of Allahabad High Court comprising Justices Ashok Bhusan and Sudhir Agarwal had cancelled the acquisition of 2,500 acres land for the proposed 7,480 Mw power plant and directed the company for fresh acquisition process.The court said land compensation be returned and gave the farmers 30 days for the purpose. The farmers, under the aegis of Maharana Sangram Singh Kisan Kalyan Samiti and led by former prime minister V P Singh’s son Ajeya Singh, met Chief Minister Mayawati’s principal secretary Shailesh Krishna with their set of demands.


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