SEBI rejected MCX-SX's applications for stock and debt trading platforms for non-compliance with shareholding rules. Reliance Industries shares have risen only 3.7% in the last four months compared to the total market increase of 22% over the same period. Food inflation rose for the fourth consecutive week due to floods in North India increasing prices of cereals, fruits, and vegetables.
2. SEBI has rejected the MCX-SX’s applications for stock and debt trading platforms stating non-compliance with the shareholding rules. For the compliance of MIMPS rules, MCX-SX has stated that the capital reduction had been suggested by SEBI chairman SEBI rejects MCX-SX plea for operations
3. Investors are disappointed with the Reliance Contribution’s to the market in the last four months . RIL shares have risen only 3.7% in the last four months as compared to total market increase which was 22% it is very less Reliance missing in euphoria
4. Food inflation rose for the fourth week running as widespread floods in North India pushed up prices of cereals, fruits and vegetables Food Prices were up 15.46% for the week ended September 11 from a year ago, a marginal increase from 15.1% for the week before Rise in food inflation
5. Tata Motors will launch Aria a cross-over between a multi-utility and sports utility vehicle within a month. Aria sports a 2.2-litre common rail diesel engine and blends the functionality and comfort of a mid-range MPV with the all-terrain assurance and premiumness of an SUV. Safety features include 6 airbags and Electronic Stability Program (ESP), offered by an Indian manufacturer for the first time. Tata Motors to launch Aria
6. Consumer electronics firm Weston is entering into the Indian mobile phone market. Their vision is to introduce the most affordable handsets in India keeping in mind the features to price ratio. The company today launched seven models between a price range of Rs 1600 to Rs 3500. Weston forays into mobile handset market
7. South Korean car maker, Hyundai, plans to tweak its existing Indian operations to expand the manufacturing capacity. It aims to take its share to 22% of the total cars sold in the domestic market. CEO & MD, Hyundai Motor : HW Park Hyundai to raise capacity to ensure 22% market share
