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Future Group to bring financial service businesses under JV
Future Group, the company that promotes India’s largest publicly-traded retailer, Pantaloon, is planning a joint venture company by bringing together Future Money, its consumer finance business; Future Generali, its insurance business; and Centrum Direct, the foreign exchange service provider. The JV, under a single management, will provide its service through the stores of Pantaloon Retail.

BJP MLAs meet on Jharkhand govt formation
Newly elected BJP MLAs met today to decide on supporting JMM chief Shibu Soren as the new Chief Minister.

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I&B bats for reduction in FBT for media firms
Reduction in the fringe benefit tax (FBT) from 20 per cent to 5 per cent for media personnel working for both print and electronic media companies was among the demands submitted to the finance ministry today by Ambika Soni, the minister for information and broadcasting (I&B).
International Business

When I'm CM

West Bengal’s assembly elections may be due only in early 2011, but that’s not stopping Trinamool Congress chief Mamata Banerjee from preparing to become the state’s next chief minister. She has assigned two economists the task of preparing a blueprint for the economic revival of the state. Both economists are frequent contributors to various newspapers and are known to be votaries of free enterprise.


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