THE ECONOMIC TIMES 17th October

Submitted by:

manisha nain

mahima aggarwal,

manas

(sec-e)

Market-

1.IPOs good for investors with long-term horizon-there has been a flurry of IPOs and FPOs by pvt and public sector cos. Some got excellent investors response while others suffered due to over-pricing issues.

2.Finmin rejects RBI proposal on companies acquiring regional rural banks.- The finanance ministry is not in favour of corporates acquiring dedicated rural lenders, regional rural banks, a suggestion mooted by the Reserve Bank of India in a recent discussion paper on new bank licences.

infotech-

1.US studying australian internet security program-The US is reviewing an Australian program that will allow Internet service providers to alert customers if their computer are taken over by hackers and could limit online access if people don't fix the problem.

2.moser baer US unit to invest 11.5 mn dollars in new facility- The US unit of Moser Baer India ltd. said it will invest $11.5 million to buy equipment for a pilot manufacturing line it is establishing. Moser Baer Technologies Ltd (MBT) is partnering with Universal Display Corp and the College of Nanoscale Science and Engineering's Smart System Technology and Commercialization Centre to build the pilot production facility.

Features-

1. Unravelling the brand conscious mind of woman consumer- Style-conscious women account for over two-thirds of total spending on women’s apparel, accessories, and beauty. The style-conscious woman spends three times more than the average woman.
Price is not her most important consideration. Her favourite brands cover all price points and she is willing to pay more to get exactly what she wants.

2. New global players enter Indian baby care, food and beverages market- When Italian baby care brand Chicco from the house of Artsana decided to set up shop in India, it planned to devote over Rs 6 crore to brand building just through year one. It researched the market and unearthed some interesting cultural facts. For instance, when it comes to pampering the little ones, only the French do it better than Indian mamas and papas. On the same parameter South Korean parents pamper their offspring the least.

Environment-

1. In Maharashtra, mining companies decide ecological impact of projects- EIA reports for mining projects — which assess the long-term effect a project will have on the environment — are prepared by the mining firms themselves with the help of private agencies whom they appoint.

2. US launches investigation in to Chinese policies on green tech- The Obama administration has said that it will launch an investigating into Chinese policies and practices affecting trade and investment in clean energy technologies.

v Personal finance-

1. MF chiefs allay fears over high FII inflows, bullish on infra- The Indian capital market remains fundamentally strong, concerns over high FII inflows are uncalled for and the much-feared flight of capital, if it at all happens, will only result in short-term volatility in the market, domestic fund managers have said.

2. Credit card companies offer good scheme in festive season- During the coming week, when you go shopping make sure you corner those extra savings and rewards that your credit card can offer you.