Friday, July 6, 2012

Date: 6th July 2012

Important News of the Day
1. Govt made it mandatory for power plants with captive mines to sell power through bids.
2. Indo-Pak deal to stop border firing.
3. $2.5bn US aid for Pak to open NATO supply routes to Afghanistan.
4. Mauritius offers India 2 islands in effort to preserve tax treaty.
5. Aditya Birla Group buys Canadian co., To Infuse $250M Into Terrace Bay Pulp Mill As It Secures Raw Material.
6. ECB, China cut benchmark rates.
7. Direct tax collection rises 7% to Rs. 1.1L cr in Q1.
8. Sunil Chhetri signup with Sporting Lisbon, the legendary Portuguese club.

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