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Rediff(Business)
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- Barclays sees RBI easing aggressively; 75 bps cuts by Dec
21st May 2013 - The average wholesale price inflation for FY14 will come at 5.3 per cent, while the consumer price inflation will average under 9 per cent, which would be a five-year low, the brokerage said.
- Barclays lowers India growth forecast to 6% for FY14
21st May 2013 - The brokerage firm cautioned that there is a possibility of further downside risks to growth, especially in the near term as RBI's policy interest rate cuts in recent months has not been translated into reduction in bank lending rates.
- Vodafone India's operating profit up three-fold to Rs 1,853 cr
21st May 2013 - The company, part of the UK-based Vodafone Group, had posted an adjusted operating profit of GBP 60 million (about Rs 503 crore) in the year-ago period, it said.
- Bangla factory banned by Walmart still makes Wrangler shirts
21st May 2013 - Walmart told Reuters on Friday that Liz Apparels in Gazipur, near the capital Dhaka, had previously made clothing for its stores but was now on its red list of unapproved suppliers after a safety audit in early May found the cracks.
- Indian infotech sector is becoming a RISKIER bet
21st May 2013 - The beta of large IT firms has increased since 2008 and is expected to inch up further given the rising challenges.
- Why global companies are betting BIG on India
21st May 2013 - Global businesses still believe that India consumption story is intact despite the slowdown of the past couple of years.
- Markets slip in late trades, autos weigh
21st May 2013 - Markets slipped in late trades on Tuesday, amid weak European cues, weighed down by profit taking in auto and select bank shares.
- Phaneesh's sacking a right decision: Nasscom
21st May 2013 - A quick and decisive action in such incidents augurs well for the IT industry, feels the Nasscom Chairman.
- I-T dept sends letters to 70K high spenders to pay tax
21st May 2013 - The exercise is in continuation of crack down on tax defaulters which the government launched last fiscal under which the Revenue Department had sent 105,000 letters to assessees seeking to know whether the person had filed his IT return or not.
- How illegal salt making threatens Sambhar Lake's ecology
21st May 2013 - Even the sweltering heat of April does not deter the 10,000-odd tractors, mostly Ferguson-Masseys, from ferrying unrefined salt extracted from the brine of this largest inland saltwater lake in Asia.
- Sexual harassment charge is FABRICATED: Phaneesh Murthy
21st May 2013 - Sexual harassment charge is fabricated: Phaneesh Murthy
- Asus FonePad: For those who seek LONGER battery life
21st May 2013 - The camera is sub-par and you won't enjoy high-end games.
- Fiat's 'home on wheels' hits Indian roads
21st May 2013 - The van that contains a queen-sized bed, a shower area and kitchen.
- 20 nations with HIGHEST telephone connections
21st May 2013 - From being an inevitable part of the telecommunication services, landline devices are becoming outdated.
- Rupee trims early gains, still up by 5 paise
21st May 2013 - In international market, dollar rose against Japanese yen in early trade on fresh remarks by Japanese economic minister about currency's recent prices levels.
- Goldman exits China's ICBC, 7 years, billions later
21st May 2013 - Goldman's relationship with ICBC was similar to that of other big global financial institutions that purchased stakes in Chinese banks and insurers.
- Essar Oil to sign $1 bn debt-for-fuel deal with China
21st May 2013 - Essar to supply refined fuel to Petrochina in debt deal
- Air India's asset monetisation plans may take wing
20th May 2013 - IDBI Bank, SBI, ONGC & PFC show interest in carrier's central Delhi land. Proceeds from the asset sale would be used to clear the government-owned airline's debt.
- Amazing IMAGES reveal the overloaded world
20th May 2013 - It's not just animals who earn their bread by carrying way too much weight on their back.
- The 20 BEST selling mobile phones of all time
20th May 2013 - Today's top mobile phone makers Samsung and Apple don't feature in the top 15.
- Air Deccan founder may LOSE it all, even his house
20th May 2013 - How Captain Gopinath's new aviation business crash landed.
- IndiGo BEATS Jet Airways once more
20th May 2013 - omestic passengers flown by Indian carriers declined marginally in the first four months of this year compared to last year, even during peak season operations.
- Anil Ambani for boosting Rupee-RMB-Dollar trade
20th May 2013 - Billionaire industrialist Anil Ambani on Monday said business leaders from India and China should enhance Rupee-RMB-Dollar trade for furthering co-operation between the two nations.
- Chidambaram for merger of banks to create 2-3 global entities
20th May 2013 - Finance Minister P Chidambaram on Monday favoured mergers in the banking industry so that India can have two-three global sized banks.
- India deserves upgrade in sovereign rating: Chidambaram
20th May 2013 - India deserves a rating upgrade in view of improvement in macro-economic situation, the conservative outlook of Standard & Poor's notwithstanding, Finance Minister P Chidambaram said.
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