A can of Coca-Cola costs more
than three times as much in Finland as in Spain, a McDonald’s
Big Mac costs about twice as much in Helsinki as in Athens,
and a standard French car is cheaper anywhere else in the euro
zone.
Insurance companies are chafing
at the delay in amendments to the Insurance Act of 1938, accusing
both the government and the legislature of not according priority
to the amendment Bill.
Reliance Industries Ltd on
Thursday signed a $110 million five-and-a-half year cross-border
syndicated term-loan with ANZ Investment Bank, BA Asia and Credit
Lyonnais.
The Board of directors of
Indian Hotels Company Ltd has taken an in-principle decision
to raise additional long-term funds up to Rs 250 crore, which
would be used for the company’s modernisation programme, to
reduce existing high-cost borrowing and new acquisitions.
