Smart things to know about market risks
Source: The Economic Times
Mumbai :: India | updated 2013-05-19 22:24:53 -0700 | business-news
Market risk is the possibility of the value of an investment moving up or down based on movements in market prices. Tradable investments , whose value varies due to changes in market prices, are subject to market risk. Stocks, bonds,...
Restructuring pressure to continue for SBI in Q4
Source: The Economic Times
Mumbai :: India | updated 2013-05-19 22:24:49 -0700 | business-news
shares traded State Bank of India could see a significant rise in its restructured assets for the fourth quarter. The country's largest bank is due to announce its fourth quarter results on Thirsday , May 23, 2013. According to sources,...
Infosys to challenge latest tax demand of $105.3 million (Reuters)
Source: Xtra News
Bangalore :: India | updated 2013-05-19 22:37:04 -0700 | business-news
Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month. The demand relates to certain tax benefits on income from software development done overseas at the clients' location and revenue...
India's China menu keeps growing
Source: India Abroad
Mumbai :: India | updated 2013-05-19 21:58:15 -0700 | business-news
In 2010-2011, import of mobile phones and other kinds of wireless phones have reached $4.07 billion, up 60.10% year-on-year from $2.54 billion in 2009-10, similarly, import of project goods topped $3.17 billion last fiscal from $2.06 billion in 2009-10, up...
Good representation for Gulbarga, Yadgir in Cabinet
Source: The Hindu
Yādgīr :: India | updated 2013-05-19 21:43:52 -0700 | business-news
Sharanprakash Patil Three Ministers from the two districts inducted With the induction of senior Congress legislator Qamar-ul Islam as Cabinet Minister and Sharanprakash Patil as Minister of State on Saturday, the district has bounced back to prominence in the State...
Expect more competition for a medical seat
Source: The Hindu
Mumbai :: India | updated 2013-05-19 21:43:52 -0700 | business-news
At least 20,000 more aspirants for medicine in CET counselling If you are a medical seat aspirant seeking a government seat, be warned: you will be competing with at least 20,000 more candidates this year...Kulkarni, administrative officer, Karnataka Examinations Authority...
Advani makes a short visit to Bangalore
Source: The Hindu
New Delhi :: India | updated 2013-05-19 21:43:48 -0700 | business-news
Advani was in Bangalore on Sunday to attend a religious programme...His visit had caused some interest in the wake of his own party MLC Lehar Singh, who has since been suspended, confronting him on the issue of corruption in the...
Rainwater harvesting can help tackle crisis in Mysore
Source: The Hindu
Mumbai :: India | updated 2013-05-19 21:43:42 -0700 | business-news
A 200 sq. ft rooftop can harvest 15,000 litres of water every year As the storage levels at the Krishnaraja Sagar and Kabini reservoirs deplete, there is renewed interest in the concept of rainwater harvesting and conservation among residents. While...
Rupee hits 2-1/2 month low against dollar
Source: The Economic Times
Mumbai :: India | updated 2013-05-20 07:43:12 -0700 | business-news
The rupee was trading at 55.02/03 after touching 55.07 in opening deals, its lowest since March 4 and weaker than its close of 54.88/89 on Friday. Traders said a weak euro is weighing on the Indian currency but gains in...
Cobrapost: RBI moots review of all bank licences
Source: India Abroad
Mumbai :: India | updated 2013-05-19 20:04:25 -0700 | business-news
Note to finance ministry says adherence to the guidelines needs to be evaluated T he Reserve Bank of India (RBI) has proposed a review of all banking licences from the fit and proper' angle, following the allegations made by Cobrapost....
Just dial IPO offers 'safety net' to retail investors
Source: The Economic Times
Mumbai :: India | updated 2013-05-20 03:50:32 -0700 | business-news
Zubin Momaya , (29), a share market investor from Mumbai's suburb's who like many retail players lost his confidence in primary market issuances after he burnt his fingers in the IPO rush between 2008-2011. After a gap of more than...
Profit-booking seen ahead; FIIs may limit mkt slide
Source: The Economic Times
Mumbai :: India | updated 2013-05-19 21:58:20 -0700 | business-news
Markets could witness a spell of profit-booking this week after having run up to their highest levels in two-and-a half years. However, with foreign investors likely to continue buying shares, any downside will be limited, said market participants. FIIs invested...
UP govt slams Centre for cut in NREGS funds
Source: The Hindustan Times
New Delhi :: India | updated 2013-05-19 16:07:52 -0700 | business-news
Last year, the Centre has provided 44% less fund to the state. And given Union rural development minister Jairam Ramesh's recent criticism, the outlook for this fiscal year may not be too good. The Centre has given step-motherly treatment to...
The cost of compliance
Source: Indian Express
New Delhi :: India | updated 2013-05-19 15:00:44 -0700 | business-news
Chit funds need smarter, not tighter, regulation The ongoing debate on the financial scandal involving the Saradha group in West Bengal has put the focus on chit funds, one of the oldest but still poorly understood financial institutions in India....
Three Congress MPs eye TRS
Source: The Hindu
Warangal :: India | updated 2013-05-19 14:50:54 -0700 | business-news
Set final deadline for party leadership to announce separate State by May 30 After a month-long lull in their activities, three Congress MPs from Telangana on Sunday set a final deadline to the party leadership to announce a separate State...
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