Sunday, September 25, 2011

Sensex down over 100 pts on Asian cues

Sensex down over 100 pts on Asian cues


Sensex down over 100 pts on Asian cues

Posted: 25 Sep 2011 09:23 PM PDT

The Bombay Stock Exchange benchmark Sensex fell by over 110 points in opening trade on Monday amid sustained selling pressure influenced by a weakening trend in the rest of Asia and worries over the euro zone debt crisis.


'IMF resources not enough for borrowers'

Posted: 25 Sep 2011 04:58 PM PDT

The International Monetary Fund's $384 billion lending chest may not be enough to meet all loan requests if the global economy worsens, managing director Christine Lagarde said.


Srei, LIC, IFCI bet on infra fund

Posted: 25 Sep 2011 04:55 PM PDT

There may be few infrastructure projects coming up for bidding but that is not deterring companies from raising funds to finance core sector projects.


You can buy a hotel room and get rent too

Posted: 25 Sep 2011 04:46 PM PDT

If you are planning to buy a second home, you could consider buying a unit in a condo hotel.


You can buy a hotel room and get rent too

Posted: 25 Sep 2011 04:46 PM PDT

If you are planning to buy a second home, you could consider buying a unit in a condo hotel.

Facebook investor Accel shelves larger India fund

Posted: 25 Sep 2011 04:17 PM PDT

Accel has invested in multiple e-commerce start-ups riding the second wave of India's consumer Internet story. Accel's start-up funding has been in areas of technology, internet, education and biotech.


Omaxe scraps Rs 80K cr housing project

Posted: 24 Sep 2011 11:00 PM PDT

Realty firm Omaxe on Monday said it has shelved its Rs 80,000-crore investment plan aimed at developing 10 lakh affordable houses across the country over a period of five years.


Stock mkt to stay volatile on global cues

Posted: 24 Sep 2011 10:58 PM PDT

Equities are expected to stay volatile because of turbulent global markets and the expiry of derivative contracts for September this week, say experts.


Rupee fall may inflate India Inc's foreign loan bill

Posted: 24 Sep 2011 10:57 PM PDT

The falling value of rupee may impact hard the profitability of Indian companies, which have tapped overseas loans, and the bottom lines this year are likely to take a hit of over USD two billion this year.


Hidesign to enter luxury mkt, to bring Ciaschini bags

Posted: 24 Sep 2011 10:55 PM PDT

Puducherry-based leather bags and accessories maker Hidesign today said it will launch a new collection by Italian designer Alberto Ciaschini in the next two months to mark its entry into the luxury segment.


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