Wipro, despite the global finance turmoil reported outstanding results for the second quarter ended on 30 September, 2008. Driving on great operational efficiencies it posted a net profit of Rs 978 crore, a straight 19 [...]
Kids and Teens
Tech Mahindra on Tuesday reported its exceptional second quarter consolidated result for the period ended on 30 September, 2008. The net profit of the company for the second quarter took a significant jump of 66.7 [...]
Fall in the repo rate by 100 basis points has been well received by the market participants; however the benefits expected to come with it remain questionable. It seems the anticipated positive impact will take [...]
PM Manmohan Singh said on Monday that the nation should be prepared to face the temporary phase of economic slowdown but assured that the deposits in PSUs and private sector banks are absolutely safe. He [...]
The recent meet held between NBFC representatives and the apex bank’s officials has caused RBI to think on the demand of easing the funding norms for NBFCs. This is needed not because of shrinking liquidity [...]
Following a dip in the oil rates in the global market, there are very chances that the Government may cut oil and LPG prices next week. A likely reduction of Rs 10 per litre in [...]
The shipping ministry of the nation is considering a proposal, going by which the Indian flag vessels will be able to ferry a major chunk of export and import trade commodities. This move will also [...]
Investors are facing difficulty in deciding where to park money, in equities or debt. Both the classes have rallied attractively post the stimulus package, contributing to the 31 percent rise in stock markets. Further, earnings [...]
With a number of authorities like SEBI and Department of Company Affairs carrying out investigations into Satyam operations, custodial interrogation of Ramalinga Raju could not be ruled out, as informed by Minister of state for [...]
