Oil prices are continuously facing a downturn as the fears of worldwide recession are hitting the demand of energy products quite boorishly. Yesterday the price of crude oil per barrel dropped to $67 mark in [...]
Companies
The turmoil of financial crisis is on and it is now showing up its sign on the Indian Aviation industry. With many firms around the globe laying-off its workforce in order to cut cost, Air [...]
Venture Capitalists are ready to take the risks despite the very negative conditions for the rest of the investments. This is proved by the values which have not undergone much variation before and after the [...]
Private Equity (PE) firms investments in Pre-IPO deals have become quite an order of the day during the times of sensitive index (Sensex) climbing a new high each day. In a pre-IPO deal, PE firms [...]
After the yesterday’s evening announcement of Jet Airways Chairperson Naresh Goyal, to pull out the decision of laying-off 1,900 employees from the company, Civil Aviation Minister of India, Praful Patel said that the decision of [...]
Government is leaving no stone unturned to prevent the market situation from worsening. The most recent move of not allowing the redemption of MF investment done by PSUs (Public sector banks). The cause behind this [...]
Owing to the ‘flight to safety’ behaviour of corporates, many of these have started picking up the funds they had parked in equities and private banks and transfer those to PSUs. This cautious attitude helped [...]
Promoter of Kingfisher Airlines, Vijay Mallya on Saturday made an announcement regarding the reduction in salaries of 50 trainee co-pilots of Kingfisher. He referred it as another move towards the cost cutting measure to overcome [...]
Among the sectors to feel the heat of nose-diving stocks, IT and Real Estate sectors are the greatest sufferers of this free-falling in market. So, what more reason does an IT professional, paying interest on [...]
After lowering of CRR, SLR and repo rate, it is the turn of interest rates on home loans to get trimmed. Pradeep Chopra, the Chairman of P S Group said that realty firms could escape [...]
