1. Unfinished irrigation projects along the Krishna basin prompted the Maharashtra government to offer the projects to private sector. Five projects worth about Rs.1974 Cr will go for public private partnerships (PPPs).
2. As per the credit rating agency Moody’s, public sector banks in India have been losing around an average one per cent market share per annum over last 15 years to the private sector.
3. India’s biggest carmaker Maruti Suzuki has emerged as the fourth most reputed among auto companies in the world – according to Global 200: The World’s Best Corporate Reputations list.
4. The BSE ‘s 30-share sensex crashed today (Monday) by over 500 points to close at 15,066. Runaway inflation and crude prices make market players jittery. Nymex crude closed at US$136.75 per barrel.
5. The world’s top industrialized nations (G-8) and leading oil consumers pledged on Sunday to fight skyrocketing energy prices by increasing efficiency and accelerating investments in new technologies.
6. Pharma companies restructure portfolios to cash in on lifestyle segment boom. The lifestyle segment (chronic diseases) is growing double digit and faster than all other areas in the pharma market.
7. The New India Assurance will soon be re-launching its birthright insurance scheme. The birthright insurance covers pregnant women against risk of giving birth to children with congenital anomalies.
8. Industries are required to display emission data online–to make monitoring pollution more transparent and accountable, as per the Central Pollution Control Board.
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