Sunday, August 29, 2010

SIPs best bet for long term

SIPs best bet for long term

SIPs best bet for long term

Posted: 29 Aug 2010 12:00 PM PDT

It's probably the simplest way of investing that makes your money count in the long run. Yet, systematic investment plans (SIPs) that have easily outperformed key indices in the long run aren't especially helpful if you don't put your money on a continuous basis for at least 2-3 years.

Still a lot of room to grow in global IT mkt: Premji

Posted: 29 Aug 2010 12:12 PM PDT

There is still a lot of room to grow in the global IT industry, Azim Premji, chief of Indian IT giant Wipro, has said. "If the global IT services market is growing at 3% to 5% and global exports from India are growing at 5%, evidently that proposition is more attractive to the customer," Premji, India's second richest man, with an 11 billion pound fortune, told The Sunday Telegraph.

'Economy set to grow 8.9%-9.4% in Apr-June'

Posted: 29 Aug 2010 12:08 PM PDT

Unfazed by partial rollback of stimulus, the Indian economy is likely to clock a growth rate in the range of 8.9% to 9.4% in the first quarter of this fiscal, almost the pace recorded three years back, say experts.

Execution Is The Key To Innovation

Posted: 29 Aug 2010 11:35 AM PDT

A great idea, they say, is only as good as its potential to be successfully executed. In 1865, a company on the banks of the Nokianvirta river in Finland was associated with paper, rubber and cables.

Govt to table DTC bill tomorrow

Posted: 29 Aug 2010 07:08 AM PDT

The govt will table the Direct Taxes Code bill in the Lok Sabha tomorrow, that is expected to provide relief to income tax payers, both personal and corporate, though not as much as was proposed earlier in the draft.

Gold prices to touch Rs 20,000/ 10 grams by Diwali

Posted: 29 Aug 2010 04:10 AM PDT

Standard gold (99.5 purity) has already touched Rs 18,910 and pure gold (99.9 purity) Rs 19,000 per 10 grams in the Mumbai bullion market last week.

Toyota to start trial production of Etios in Sept

Posted: 29 Aug 2010 07:20 AM PDT

The world's largest car-maker Toyota today said it will start trial production of its much anticipated small car 'Etios' for the Indian market from next month, three months ahead of its proposed launch.

Biyani eyes Rs 10,000cr revenue from foods biz

Posted: 29 Aug 2010 07:14 AM PDT

The Kishore Biyani-run Future Group is eyeing around Rs 10,000 crore revenue from its food business over the next 3-4 years and a 40 per cent growth this fiscal.

Govt may slash size of SBI's rights issue

Posted: 29 Aug 2010 07:17 AM PDT

The government may cut the size of rights issue sought by country's largest lender SBI for raising Rs 20,000 crore to fund its business growth as there are huge demands from social sector on its resources.

Hotel room tariffs may rise from Sept

Posted: 28 Aug 2010 10:51 PM PDT

Next time you check in a hotel, be prepared to shell out more as domestic hoteliers are expected to increase tariffs by 10-15 per cent from September.

RCOM in talks with Motorola, HP, Intel for 3G tie-up

Posted: 28 Aug 2010 10:49 PM PDT

Reliance Communications is planning to rope in strategic partners for its infrastructure and technology innovation unit for 3G mobile business, and is in discussions with global players like Motorola and HP.

Govt may cut size of SBI's rights issue

Posted: 29 Aug 2010 12:28 PM PDT

The government may cut the size of rights issue sought by country's largest lender SBI for raising Rs 20,000 crore to fund its business growth as there are huge demand from the social sector on its resources.

Sanofi offers $18.5bn to buy Genzyme

Posted: 29 Aug 2010 12:22 PM PDT

Sanofi-Aventis SA offered on Sunday to buy Genzyme Corporation for $69 a share, or about $18.5 billion in an all cash deal.
Posted by Harshad at 9:27 PM

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