NSE seeks trademark for currency derivatives label.

The National Stock Exchange (NSE) has applied before authorities for registration of trademark for its ‘Currency Derivatives’ label. - Come into my parlour - High and mighty - Cooperative banks in Hry to provide loans of Rs 8,600 cr - Retail recovery still some time away - Jeera futures prices likely to firm up - Smart Portfolios outperforms The exchange has approached the Trade Marks Registry for the registration of trademarks for ‘Currency Derivatives’ label under different classes, according to the details available with office of the Controller General of Patents, Designs & Trade Marks. NSE’s currency derivatives label features signs of three currencies — the US dollar, euro and Japanese yen.

Social sector schemes to get proceeds from disinvestment.

The proceeds from disinvestment of NHPC and OIL will be allocated for capital expenditure in identified social sector schemes, Finance Minister Pranab Mukherjee informed the Lok Sabha today. - Coal India pitches for 15% disinvestment - "Disinvestment of REC, NTPC to be completed by March" - NHPC may miss 11th Plan capacity addition target - Govt eyes lead managers for NTPC, SJVN stake sale - No headway in BHEL disinvestment: Vilasrao - Kelkar calls for strong divestment process "From April 2009, a total amount of Rs 4259.90 crore has been realised from the disinvestment proceeds of National Hydro Power Corporation Limited (NHPC) and Oil India Limited (OIL) and credited to the Consolidated Fund of India.

IDBI Bank may shelve variable pay plan.

IDBI Bank is expected to formally shelve its plan to become the first public sector lender to introduce variable pay for its employees. - Four in fray for NHB chief's job - IDBI Bank yet to begin Rs 13,000 cr syndication for RPower - IDBI Bank revives plan to sell mortgage subsidiary - IDBI Bank-led consortium raises $1.1 bn for Air India - BoB to hire 3,500 people by March 2010 - IDBI Bank announces repayment of 11.5% SLR bonds While the bank’s board had discussed the proposal in May and the new scheme was to come into effect from June, the bank didn’t go ahead with the plan on concerns expressed by the finance ministry. The finance ministry was peeved over the fact that the board of the erstwhile development financial institution gave an in-principle approval to the plan ignoring its advisory.

DLF eyes better cash flow by biz integration.

Realty major DLF today said its board has approved integration of DLF Assets with DLF Cyber City Developers, a move that will enhance its cash flow through rental income. - DLF Pramerica Life eyes 3-fold rise in business - F&O OUTLOOK: Indecisiveness spreads to stocks futures - Indecisiveness spreads to stocks futures - DLF plans integration of DAL - DLF mulls integrating Caraf Builders with DLF Cyber City - Markets open strong on positive global cues The DLF board yesterday gave an in-principle approval to integrate, including by way of merger/amalgamation of DLF Cyber City Developers with Caraf Builders & Constructions (Caraf), the holding company of DLF Assets (DAL), set up by group promoter KP Singh, the company said in a filing to the Bombay Stock Exchange (BSE).


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Six missing IOC staff feared dead in Jaipur fire
The toll in the fire at Indian Oil Corp"s (IOC) fuel depot outside the Pink City may rise to nine as six missing employees are now feared dead, even as fire fighters and the Army worked to contain the blaze that has burnt about Rs 150 crore worth of auto fuel.
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