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News Flash
Standard Chartered Bank allotted $197.38mn
Barclays Capital allotted $155.18mn, DBS allotted $300mn
Reallocation as FIIs failed to invest allotted component
Reallocates $1.31bn to FIIs for corporate debt invst
CNX Midcap down 1.3%, Smallcap Index down 1.8%
BSE Advances at 30.24%, Declines at 66.77%
Govt wants to focus on construction sector
Govt may not give direct sops to auto sector
Steel duty cut may provide relief to auto sector
Govt may cut excise duty on steel and cement
Govt may rejig duty to help SMEs: Ashwini Kumar
Anti -dumping laws to be strengthened
HCL Technologies announces partnership with Xerox
Govt to increase focus on infra spending
Banks want realtors to cut prices or sell properties
Pressure on RBI to cut rates has somewhat eased
Outstanding bank credit on Nov 7 at Rs.27.12 lk cr: NW
Banks encouraged to use special refinance facility: RBI
Use special refinance to give loans to SMEs: RBI
Banks' total deposit grew 20.4% on year to Nov 7: NW
Banks' total credit grew 26.5% on year to Nov 7: NW
RBI to allocate upto $10bn from FX reserves to fund: Srcs
RBI may set up a special $ fund for infra cos: Sources
FIIs net sell $91.5mn in equity on Nov 18
Power Grid approves 3 investment proposals
Approves Rs.7031cr investment in Sasan project
MFs net sell Rs.45cr in equity on Nov 18
Nifty falls 135 pts from day's high; Down 1.8% at close
Sensex sheds earlier gains; Down 1.8% at close
CNX Midcaps down 1.3%, Smallcap Index down 1.8%
Updated:
10/11/2008
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07:31 PM
IST
Interviews
Markets to settle down in three months
After the panic subsides in the market in the next few months, money will start flowing into the Indian markets. Investors will then start allocating funds and the next cycle will start again.
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Crisis worst since Great Depression
Jamie Dimon has been hailed the superhero of this global crisis. He has ensured that J P Morgan is not only one of the biggest bank in America but is also one of the safest banks today.
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8% growth a very optimistic target
Things will not be terrible in India. The country will end up with 6 per cent GDP growth but the finance minister’s range of 8 per cent is quite an optimistic target.
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IDBI in revamp mode; looking at inorganic growth
After re-focussing the bank's attention and getting into new lines of business like private equity, IDBI is now looking to rationalize its existing subsidiaries specially IDBI Capital and IDBI Home Finance.
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Indian firms are looking for global CEOs
A significant rise in demand for leadership assessment planning is driving growth in CEO search across the Asia pacific region. Kelly attributes the company’s growth to the brand and its employees.
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Future of Internet is bright in India
Ram Shriram, founder of Sherpalo Ventures, and one of the founding board members of Google is now betting on the next big opportunity, clean energy.
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DHL sees fast market growth in India
McHugh believes that India will move up into top three markets for DHL in the next 3-4 years. According to him the Indian market is critical to the company’s growth.
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TCS targets $10 billion revenue in 2010
Software services provider TCS has set a vision 2010 target of $10 billion revenue. The company is focused on managing profitability in view of rising rupee through cost reduction.
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Learning the art of conversation
Arun Maira was always interested in the art of conversation. He believes that innovation, change, discovery happen in conversation and conversation itself is a part of it.
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Indian markets continue to show amazing resiliency
Michael Oxley, a former US Congressman from Ohio, has co-authored much talked about corporate oversight bill Sarbanes-Oxley Act, which was adopted by US Congress in 2002.
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Global Crisis
No job cuts, but hiring to dip: Nasscom
The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here on Wednesday.
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US home construction sinks to new record low
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Now, Chinese automakers seek state aid
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CEOs want at least $300 bn stimulus from Obama
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Columns
Anatomy of a bear market
There is gloom and fear on the street. It is not often that investors get an opportunity where stocks are near multi year lows. It may be a good time to start nibbling at stocks.
The crude reality
It is an old adage – history repeats itself. With OPEC deciding to cut production, recent history shows that it has quite the opposite effect of what it wants.
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Video
News
Shows
Larry Fink unravels the financial mess
Can RBI spur real estate lending?
Sinking rates can spur risk-taking: Nilesh Shah
Big Fish: Lalit Jalan
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