Some of the top business leaders and trade associations on Sunday came out in support of the Union Minister of State for Telecom and sitting MP from Mumbai South, Milind Deora, who is seeking a third term from the constituency.
It has been more than 20 years since India witnessed economic liberalisation but the contribution of India’s manufacturing sector to the overall GDP (Gross Domestic Product) has remained stagnant at about 15 per cent. This has led to a scenario of inadequate jobs as manufacturing has generated jobs at a snail’s pace of one-two million each year since the 1970s.
India`s top mortgage lender Housing Development Finance Corp Ltd today reported 22.74 percent rise in net profit at Rs 671.25 crore for the third quarter ended December 31, 2009, over the same period last year.
Country`s top mortgage lender HDFC
on Friday announced acquisition of 41 per cent stake in education
loan provider Credila Financial Services -- marking its entry
into a specialised market estimated at over Rs 30,000 crore.