List
of articles posted on 3-Sep-2007.
Markets may rise as subprime fears reduce
Monday, September 03, 2007 economictimes.indiatimes.com
(
Stock market
)
The stock markets are likely to rise following positive overseas trend. However, the gains are likely to be offset by profit booking, as investors continue to remain uncertain about the direction of the market in the near term. Following the US Federal Reserve chairman Ben Bernanke and President George Bush's indications expressing their commitments to rescue the US financial markets and consumer
Tags :
Stock-Markets
Profit-Booking
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Comments | Submitted by : newshound
Mallya bids for F-1 Team
Monday, September 03, 2007 economictimes.indiatimes.com
(
Business
)
The UB group chief and liquor-baron, Vijay Mallya has joined hands with the Spyker director of Formula One, Michiel Mol, to make a $109-million bid for the Spyker Formula One team. The team is currently facing a financial crisis. The bid for the Silverstone-based team will be through Mallya’s company Watson Limited and Strongwind, owned by the Mol family.
Tags :
Spyker
Formula-One
Vijay-Mallya
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Comments | Submitted by : economist
India Inc. taps IAS talent pool
Monday, September 03, 2007 economictimes.indiatimes.com
(
Business
)
Besides the traditional IIM's and IIT's, Corporate-India has discovered a vast talent pool- the coveted Indian Administrative Service (IAS). A large number of mid-career IAS officers have been abandoning public service in favour of the corporate world and have been joining companies such as Reliance Industries, GMR Group, DLF, McKinsey, PricewaterhouseCoopers (PwC), Infrastructure Development Fi
Tags :
IAS
Corporate-India
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Comments | Submitted by : newshound
'It takes two to tango' : Stock Markets
Monday, September 03, 2007 www.indiainfoline.com
(
Stock market
)
The stock markets need the assistance of two persons to rise from the current levels. The persons are the Federal Reserve Chairman Ben Bernanke and CPM General Secretary Prakash Karat. If Bernanke cuts the benchmark fed funds rate, the markets across the world will rally further. While Karat & Co. could play spoilsport by putting pressure on the Congress-led coalition regime, thus halting the marc
Tags :
Federal-Reserve
Stock-Markets
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Comments | Submitted by : economist
Govt debates cess on IIT, IIM students
Monday, September 03, 2007 www.indiainfoline.com
(
Education
)
The government is toying with the idea of imposing a tax on students who receive subsidized education at institutes like IIT's and IIM's and then go on to earn substantial sums by working for multinationals abroad, while the Indian exchequer gets very little for its investment. The UR Rao Committee,back in 2003, had suggested that the industry which employees these students should pay a cess.
Tags :
IIT
IIM
Exchequer
Educational-Cess
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Comments | Submitted by : newshound
Hero Honda sales grows 12%
Monday, September 03, 2007 www.indiainfoline.com
(
Business
)
The world's largest two-wheeler manufacturer, Hero Honda Motors Ltd. (HHML), has crossed the 2mn sales mark in January – August 2007. The rise in the sales figure is an impressive 12% vis-s-vis last year. The figure is significant in the face of the slowdown in the two-wheeler industry which has continued due to the prevailing interest rate situation.
Tags :
Hero-Honda
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Comments | Submitted by : economist
Asian indices have a mixed day
Monday, September 03, 2007 www.indiainfoline.com
(
Nations , Stock market
)
The Asian markets were a mixed bag on Monday with the Japanese stocks falling after the government reported an unexpected drop in corporate investment and the steepest slide in wages in three years.The Nikkei in Tokyo was down 95 points at 16,473 while Hong Kong's Hang Seng was down 153 points at 23,830. Singapore's Straits Times was up 4 points at 3396 and the Kospi in Seoul gained 2 points at
Tags :
Hang-Seng
Kospi
Nikkei
Straits-Times
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Comments | Submitted by : economist
Khaleda Zia, son arrested on graft charges
Monday, September 03, 2007 www.expressindia.com
(
Foreign Affairs , Politics
)
The Bangladesh security forces have arrested the former Premier and Bangladesh Nationalist Party (BNP) chief Khaleda Zia along with her younger son on charges of graft. As per television footage, Zia and her son Arafat Rahman Rahman Koko were taken from her Dhaka Cantonment residence to a Dhaka court amid tight security following an early morning raid.
Tags :
Khaleda-Zia
Graft
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Comments | Submitted by : bugs
Badshah of Israel and Palestine : Amitabh
Monday, September 03, 2007 www.expressindia.com
(
Entertainment
)
That Indian superstar Amitabh Bachchan is popular worldwide is a known fact, but it is surprising that he rules the hearts of the Israelis as well as the Palestinians, who differ on most issues. Bachchan's popularity in the region is on par, if not greater than that enjoyed by Hollywood stars.
Tags :
Amitabh-Bachchan
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Comments | Submitted by : newshound
20 injured in Dalit-Muslim clashes : UP
Monday, September 03, 2007 www.expressindia.com
(
Crime
)
Clashes between Dalits and Muslims in Rasulpur village in UP has resulted in injuries to 20 people, including 12 women. According to the police, the clashes began following an altercation between children, in which adults later joined in, attacking each other with stones and sharp objects.
Tags :
Clashes
Injury
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Comments | Submitted by : bugs
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