Archive for June 21st, 2009
I-T dept to re-examine many assessees with income of up to Rs 5 cr a year.
June 21st, 2009 | Posted in Uncategorized | No Comments
DHFL Venture Capital, promoted by the leading private sector housing finance company, today said that it would raise Rs 250 crore in the current fiscal domestically to fund real estate projects in Tier-II and Tier-III cities.
June 21st, 2009 | Posted in Uncategorized | No Comments
Contrary to popular perception, the Indian HNI is far more comfortable in making realty investment on home turf than foreign locales.
June 21st, 2009 | Posted in Uncategorized | No Comments
Cash-rich public sector oil company Indian Oil has overcharged an RTI applicant and spent a sum of Rs 17,521 to unsuccessfully defend its stand while it could have resolved the matter for a meagre Rs 102.
June 21st, 2009 | Posted in Uncategorized | No Comments
The Indian economy and the financial sector are returning to a “potential growth path” after adjusting to intense dislocation in the global economic environment, financial services major Goldman Sachs said.
June 21st, 2009 | Posted in Uncategorized | No Comments
Azim Premji has stressed that the recent US decision to clamp down on H1B visas which could halve the number of Indian IT specialists would be counter-productive.
June 21st, 2009 | Posted in Uncategorized | No Comments
In their efforts to tackle the financial crisis, the world’s top three developed nations have accumulated debts which may exceed or equal the size of their economies.
June 21st, 2009 | Posted in Uncategorized | No Comments
The government is likely to tell the cash-strapped Air India to prune its order for 111 planes that would cost the exchequer about Rs 44,000 crore.
June 21st, 2009 | Posted in Uncategorized | No Comments
Asian currencies ended the week mainly weaker against the US dollar as the greenback strengthened on positive US economic news.
June 21st, 2009 | Posted in Uncategorized | No Comments
Like everything else in life, stock prices are driven by supply and demand. Supply is synonymous with bears and selling. Demand is synonymous with bulls and buying. As demand increases, prices advance and when supply increases, prices decline. When supply and demand are equal, bulls and bears slug it out for control.
June 21st, 2009 | Posted in Uncategorized | No Comments
Infrastructure-related stocks are on everybody’s radar.
June 21st, 2009 | Posted in Uncategorized | No Comments
Signals to look for before deciding when to enter, lie low or get out of stock markets.
June 21st, 2009 | Posted in Uncategorized | No Comments
Small savings as an investment option has receded to the background for some time now. This has happened because the rise in interest rates led to a situation where the rates on fixed deposits and other debt instruments rose sharply. Rates on small savings options remained the same and seemed less attractive than before. Now, [...]
June 21st, 2009 | Posted in Uncategorized | No Comments
The company posted a net profit of Rs 209.44 crore (Rs 130.66 crore) on a consolidated basis, while sales rose 75 per cent to Rs 818.52 crore (Rs 468.08 crore) in the year.
June 21st, 2009 | Posted in Uncategorized | No Comments
The near-collapse of the financial system was supposed to have reminded the world about the hazards of chasing short-term gains at the expense of long-term stability. Another lesson we keep relearning is that investors memories are short.
June 21st, 2009 | Posted in Uncategorized | No Comments
Avery India bucked the trend and gained 20 per cent in a falling market from during the current week, after the promoters made delisting offer to its public shareholders. The company is planning to delist its shares from the bourses. The stock rose from Rs 106.30 to Rs 127.15 in the week.
June 21st, 2009 | Posted in Uncategorized | No Comments
Indias coffee output, the third- biggest in Asia, will increase 17 per cent to a record next season after summer rains over the nations main growing region boosted crop prospects, the state-owned Coffee Board said.
June 21st, 2009 | Posted in Uncategorized | No Comments
As declining portfolio value clips the market valuations of many firms, the secondary private equity market has swung into action. Exit options such as initial public offering (IPO) have dried up in the last three months, leading to secondary market sales emerging as a viable option for private equity players, feel market analysts.
June 21st, 2009 | Posted in Uncategorized | No Comments
Monsanto India has launched an initiave called SHARE (sustainable harvest – agriculture, resources, environment) – to improve farmers lives as part of its commitment to help increase global food production in the face of growing demand, limited natural resources and a changing climate.
June 21st, 2009 | Posted in Uncategorized | No Comments
Cannes is just incredibly beautiful and the weather is great at least for foreigners. For Indians, its a bit hot, but thats all right as nothing can beat the excitement of being at the worlds largest advertising show.
June 21st, 2009 | Posted in Uncategorized | No Comments