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EPFO recommends 8.5 per cent interest rate
Published July 4, 2009, 12:13 pm, The Hindu
NEW DELHI: The Employees Provident Fund Organisation (EPFO) on Saturday recommended an 8.5 per cent interest rate for 2009-10 to benefit about 4.5 crore provident fund subscribers, ahead of the presentation of the General Budget in the Lok ...
Assocham suggests three-pronged strategy to contain fiscal deficit
Published July 4, 2009, 12:10 pm, The Hindu
‘Continuation of low tax regime ought to be maintained in 2009-10 budget proposals’
Brandhouse Retails: Buy
Published July 4, 2009, 11:47 am, The Hindu
The company retails brands that have an established recall, ensuring quicker pick up and sustenance of sales.
A roadmap for reforms
Published July 4, 2009, 11:46 am, The Hindu
The Economic Survey’s reform agenda is extensive and ambitious. But it may be unrealistic to expect too much from the Budget. Caution, therefore, should be the watchword for investors.
MARKETS
Published July 4, 2009, 11:44 am, The Hindu
STOCK MARKETS: A roadmap for reforms Ever since the stock market vaulted 17 per cent on a single day after the elections, equity investors have exuded unbridled optimism. Take the Union Budget. Instead of viewing it as an “event risk,” ahead of which they must ...
PF interest rate stays at 8.5 per cent
Published July 4, 2009, 11:41 am, Business Standard India
Decision to park 15 per cent of the corpus in stock market deferred. Over 45 million subscribers of the Employees Provident Fund (EPF) will get 8.5 per cent return for 2009-10 on their deposits at a time banks are lowering deposit rates across the board.
GMR Infra plans Rs 2,500 crore Vemagiri Power expansion
Published July 4, 2009, 11:40 am, Business Standard India
Vemagiri Power Generation Limited (VPGL), a subsidiary of Bangalore-based GMR Energy Limited, is planning to put up an additional capacity of 750 Mw in Vemagiri, adjacent to its existing natural gas-fired combined cycle power plant of 388.5 Mw.
Mirae biggest buyer in DHFL issue
Published July 4, 2009, 11:39 am, Business Standard India
Dewan Housing Finance Company’s (DHFL) recently concluded Rs 225-crore qualified institutional placement (QIP) saw South Korea-based Mirae Assets pick up $8.5 million worth of equity, according to investment banking sources.
The new Bond trader
Published July 4, 2009, 11:01 am, National Post
The unlikeliest of species on the Street is suddenly the sexiest. Not since the heady 1980s, when a surge in bond markets inspired such tales as The Bonfire of the Vanities and Liar’s Poker, have buttoned-down bond traders been so hot
China tie too valuable for Teck to pass up
Published July 4, 2009, 11:00 am, National Post
Don Lindsay did not need to take a $1.74-billion cash injection from China Investment Corp. After his efforts in recent months, Teck Resources Ltd.’s balance sheet was already in much better shape
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