suresh prabhu


Will take up issues of SEZs with respective ministries: Prabhu

Feb 12 2018

Suresh Prabhu assured special economic zone developers and units to take up their issues with respective ministries including finance for resolution.

India can cater to global processed food market: Minister

Feb 09 2018

"When we process it, we need not only cater to the domestic market but we can export it," Prabhu said.

Prabhu for developing auto clusters at east, west coasts

Feb 08 2018

Suresh Prabhu made a case for developing automobile clusters at east and west coasts of India to promote growth and exports from the sector.

Plastic export should rise along with consumption: Prabhu

Feb 07 2018

Commerce minister Suresh Prabhu today urged the plastics industry to ensure that exports increases along with its domestic consumption.

Prabhu holds meetings with biz on new industrial policy

Feb 05 2018

Commerce and Industry Minister Suresh Prabhu has started a series of consultations with stakeholders in different states on the proposed new industrial policy.

'Industrial policy being designed to equip industry for future'

Feb 03 2018

Prabhu said a new industrial policy is being framed after 25 years and it is "being designed" to equip Indian industry for the future.

Rs 2,600 cr package for leather & footwear industry unveiled

Jan 31 2018

Suresh Prabhu unveiled the Central govt's Rs 2,600 crore package for the leather and footwear industry, saying it had the potential of generating over three lakh jobs.

Prabhu to meet industry nxt month on new industrial policy

Jan 31 2018

Commerce and Industry Minister Suresh Prabhu will hold consultations with industry representatives next month on the proposed industrial policy.

'Marketing strategy, support from IIFT to boost khadi exports'

Jan 30 2018

Suresh Prabhu said proper marketing strategy and support from trading houses and academic institutes like IIFT is the need of the hour to boost exports of khadi products.

Rs 2,600 cr package for leather sector to be launched

Jan 30 2018

Suresh Prabhu is expected to launch a Rs 2,600 crore special package for the leather and footwear industry which is expected to generate around three lakh jobs.

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US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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