Page-3 of November 2012

Liquid Index ETFs shall be eligible for trading in the SLB segment: SEBI

As part of changes in the securities lending and borrowing framework, SEBI has permitted ETFs (Exchange Traded Funds) that track indices to trade in the short selling market. Liquid Index ETFs shall be eligible for trading in the Securities Lending ..

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India successfully test fired supersonic interceptor missile

Giving a boost to Ballistic Missile Defence (BMD) capability, India successfully launched an interceptor missile to destroy an incoming target missile in a accurate hit at an altitude of 15 km over the Bay of Bengal. The target missile played ..

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Security OF D8 leaders a major concern for Pakistan

For Pakistan, who is hosting D8 summit, security of the group’s leaders has become a major challenge amid increasing incidents of suicide attacks. What is D8? D8 or Developing 8 is the group of 8 developing nations with large Muslim ..

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Aurobindo Pharma recalled anti-depressant drug from US

Hyderabad based Aurobindo Pharma Ltd recalled Mirtazapine drug from the US market due to the product not meeting a specification for a known degradation product during routine stability testing. The drug is an anti-depressant and generally indicated for treatment of ..

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Jet Airways may get approval to join Star Alliance

Jet Airways may get nod from Civil Aviation to join the Star Alliance with state-owned Air India. What is Star Alliance? Star Alliance is the world’s first and largest global airline alliance, headquartered in Frankfurt am Main, Germany. It was ..

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Vietnam does tit for tat by issuing stapled visas to Chinese passport holders

Vietnam paid back in same terms what China did to Vietnam. The country issued stapled visas with for Chinese for passport holders on separate paper, to counter China’s map on its new e-passports showing disputed areas as part of its ..

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Hind Copper disinvestment rescued by LIC and PSU banks

In the direction of achieving Rs 30,000 crore target for fiscal 2012-13 by disinvesting PSUs, the government of India managed to yield Rs 800 crore by selling shares of Hindustan Copper. The sail was mainly on support from the Life ..

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‘EKUVERIN 2012’: India, Maldives joint military training exercises

Indian Army and the Maldives National Defence Force (MNDF) held joint military training exercise named EKUVERIN 2012 in Belgaum, Karnataka.

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