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Selection of Class F contractors on Jan 12

Published January 9, 2009, 8:06 pm, The New Sabah Times

KOTA KINABALU : The first phase of balloting this year for Class F contractors to undertake government projects in the Keningau division will take place on Monday, January 12.

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Ike post-mortem: Experts disassemble monster storm's causes

Published January 9, 2009, 8:06 pm, Beaumont Enterprise

Photos of coastal Texas before and after Hurricane Ike give a sort of "now you see it; now you don't effect, as if Ike were playing David Copperfield with beach houses.

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Axis Bank: Margin blues

Published January 9, 2009, 8:05 pm, Business Standard India

The Axis Bank stock lost 7 per cent today closing at Rs 487 mainly because the bank’s net interest margins for the December 2008 quarter were lower than expected.

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Satyam effect: Sensex falls for second day

Published January 9, 2009, 8:04 pm, Business Standard India

The Bombay Stock Exchange’s Sensex fell for a second day, as Satyam Computer Services extended declines on concern that it may have insufficient funds.

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Jewellery sales to US fall 20% on Christmas, New Year

Published January 9, 2009, 8:04 pm, Business Standard India

India’s jewellery exports to the United States declined 20 per cent on the occasion of Christmas and New Year due to the economic slowdown in the world’s largest economy.

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Satyam investors lose Rs 13,600 cr in a month

Published January 9, 2009, 8:04 pm, Business Standard India

Investors have lost a whopping Rs 13,600 crore ($2.82 billion) in Satyam shares in less than a month, since the skeletons started tumbling out of the company’s cupboards.

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21 firms express interest to set up non-govt staff pension funds

Published January 9, 2009, 8:04 pm, Business Standard India

Twenty-one companies have submitted expressions of interest (EoIs) to the pension regulator to set up pension funds for non-government employees from April this year.

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Govt to set up 3 universities for NRIs

Published January 9, 2009, 8:03 pm, Business Standard India

The Government of India is planning to set up three new universities for the benefit of the children of Non Resident Indian (NRIs) and Persons of Indian Origin (PIOs).

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Inflation dips to 5.91%

Published January 9, 2009, 8:03 pm, Business Standard India

Inflation rate, as measured by wholesale price index (WPI), fell sharply to a 10-month low for the week ended December 2008, as slowing demand has pushed down the prices of manufactured products and food articles.

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Axis Bank net profit jumps 63%

Published January 9, 2009, 8:02 pm, Business Standard India

Buoyed by a hefty growth in fees and trading incomes, the country’s third largest private sector lender Axis Bank On Friday reported a 63.23 per cent jump in its net profit at Rs 500.86 crore for the quarter ended December 31, 2008, as compared to Rs 306.83 crore for the corresponding quarter last year.

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