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Articles 21 through 120 of 500:
- Sensex Sheds 395 Points (Pioneer, Correspondent or Reporter, Oct 13, 2007)
Finally, bears had to step in to stop bulls' continuous wild run on Dalal Street on the back of weak global markets and Finance Minister, P Chidambaram's concern about the steep rise in stocks.
- Icici Bank Cuts Deposit Rates (Times of India, Correspondent or Reporter, Oct 13, 2007)
With improved liquidity, ICICI Bank has cut interest rates on its special deposit schemes by half a percentage point.
- Flood Of Private Equity (The Economic Times, Editorial, Economic Times, Oct 10, 2007)
Private equity funds are beginning to emerge as a major source of FDI for India. PE funds may invest as much as $13.5 billion this year, making India the seventh highest recipient of PE funds in the world.
- Sensex Sets New Milestone; Crosses 18,000 Mark (New Indian Express, Correspondent or Reporter, Oct 10, 2007)
The stock market barometer Sensex surged by a record 789 points to cross the 18,000-point milestone as investors took heart from the improbability of snap polls and bought heavily in frontline stocks led by Reliance industries.
- Bangalore Heads For Delhi Rule, Cm Quits Saying ‘Game Of Fate’ (Indian Express, JOHNSON T A, Oct 09, 2007)
An attempt to revive the JD(S)-BJP coalition in Karnataka fell through tonight as Governor Rameshwar Thakur moved to recommend President’s rule.
- Ec Asks Ceos To Publish Electoral Rolls By Jan 15 (Indian Express, Correspondent or Reporter, Oct 09, 2007)
The election commission has asked Chief Electoral Officers (CEO) of all states and Union Territories to publish electoral rolls by January 15, 2008.
- Sensex Crashes On Heavy Selling (Pioneer, Correspondent or Reporter, Oct 09, 2007)
Bulls again on Monday tried to conquer 18K mark but failed because of aggressive bears, who were riding on political crisis at the Centre.
- Early Polls In India Would Put Fiscal Targets At Risk (New Indian Express, Correspondent or Reporter, Oct 08, 2007)
Signs India's ruling coalition is loosening its purse strings to shore up voter support as a political impasse points to early elections could jeopardise a target to reduce the federal fiscal deficit.
- Doha Bank Hopeful Of Getting Licence (Singapore Times, Correspondent or Reporter, Oct 05, 2007)
Doha Bank hopes to get a banking licence to operate in India, after a wait of three years, as it believes RBI would be more open to give one after ICICI Bank’s recent entry into Qatar, its top executive said.
- Sbi, Icici Bank To Start Business In Singapore (Singapore Times, Correspondent or Reporter, Oct 05, 2007)
Singapore has agreed to allow State Bank of India and ICICI Bank to launch full banking operations in the South-East Asian countries, under the Comprehensive Economic Cooperation Agreement (CECA) with India.
- India's Soaring Markets Create Corporate Goliaths (International Herald Tribune, Correspondent or Reporter, Oct 05, 2007)
Skyrocketing stock markets and a soaring currency are creating publicly traded behemoths in India.
- Icici Bank Plans To Raise $11 Billion To Fund Growth (Singapore Times, Correspondent or Reporter, Oct 05, 2007)
ICICI Bank Ltd., India’s biggest lender to consumers, plans to raise $11 billion overseas in the next 12 months to fund its expansion abroad and credit growth in the country, according to three people familiar with the plan.
- Kv Kamath Is Et's Business Leader Of The Year (Times of India, Correspondent or Reporter, Oct 05, 2007)
There were a number of firsts to this year's edition of the jury meeting for the ET Awards for Corporate Excellence.
- Sensex Nears 18k, Up 518 Points (Pioneer, Correspondent or Reporter, Oct 04, 2007)
Bulls on the Dalal Street seem to be in a hurry to conquer 18,000 point mark as fast as possible thinking there will be no tomorrow for them, and so claim the same only on today and one should not be surprised if they claim the same . . . . . .
- Sbi, Icici Bank To Start Business In Singapore (Singapore Times, Correspondent or Reporter, Oct 03, 2007)
Singapore has agreed to allow State Bank of India and ICICI Bank to launch full banking operations in the South-East Asian countries, under the Comprehensive Economic Cooperation Agreement (CECA) with India.
- Icici Bank, Sbi To Start Singapore Biz (Times of India, Correspondent or Reporter, Oct 03, 2007)
Singapore has agreed to allow State Bank of India and ICICI Bank to launch full banking operations in the South-East Asian countries, under the Comprehensive Economic Cooperation Agreement (CECA) with India.
- India To Us: Your Banks Coming In, You Need To Allow Ours As Well (Indian Express, Shishir Gupta, Oct 03, 2007)
The internal security establishment’s over-enthusiasm in claiming that Indian financial institutions are vulnerable to terrorist groups has come back to haunt the Government:
- Sbi May Decrease Housing Loan Rate (Asian Age, Correspondent or Reporter, Oct 01, 2007)
Hoping that the RBI will bring down interest rates in its upcoming policy review, the State Bank of India on Sunday said it could give discount to new housing credit seekers in the festival season and might cut home loan rates.
- Reliance Power Plans Ipo To Fire Sasan (Business Standard, Correspondent or Reporter, Sep 29, 2007)
Reliance Power Ltd (RPL), a wholly-owned subsidiary of Anil Ambani’s Reliance Energy (REL), is planning to raise Rs 8,000-10,000 crore through an initial public offer.
- Arun Arora Bags Lifetime Award (Singapore Times, Correspondent or Reporter, Sep 28, 2007)
Arun Arora, an ex-member on the board of India’s No. 1 media company Bennett, Coleman and Company (BCCL), was awarded the lifetime achievement award at the Brand Asia Summit 2007 held in Mumbai on Wednesday.
- Ring-Fencing Banks (Frontline, V. Sridhar, Sep 27, 2007)
The RBI expresses serious reservations about the new kinds of corporate structures planned by banking institutions.
- Sensex Touches 17k... But Marketmen Advise Caution (Indian Express, Correspondent or Reporter, Sep 27, 2007)
The superfast Sensex seems to be racing ahead of the market. It took just five trading sessions for it to reach 17,000 from 16,000 after the barometer index first struck 16,000 on September 19.
- Sensex Does Its Own Jig, Hits 17k (Tribune, Correspondent or Reporter, Sep 27, 2007)
The Sensex breached the 17,000 mark today in record time to join in the celebrations.
- Sensex Smashes 17,000 Mark (Asian Age, Correspondent or Reporter, Sep 27, 2007)
It was a day of celebrations in Mumbai on Wednesday as the country's benchmark 30-share Bombay Stock Exchange Index crossed 17,000 mark.
- Icici Gets Full Commercial Licence In Bahrain (Hindustan Times, Correspondent or Reporter, Sep 26, 2007)
India's largest private sector bank, ICICI Bank has been granted a full commercial branch (FCB) licence by the Central Bank of Bahrain (CBB), the second Indian bank after State Bank of India to offer full banking services in the kingdom.
- Sensex Eyes 17k, Up 282 Points (Pioneer, Correspondent or Reporter, Sep 25, 2007)
Bulls continued to reign supreme on the Dalal Street even on Monday. They were so formidable that bears dare not enter the ring except for a brief period in the morning and bulls remained in charge of the whole session.
- Don’T Hold Up Holding Companies (Business Line, S. Venkitaramanan , Sep 24, 2007)
The need for a holding company structure is apparently accepted by the RBI, though it cites various obstacles to the realisation of the goal. It is hoped the central bank shows a resolve to settle the various difficulties that may arise in the . . .
- Markets Zoom; Sensex Scales Mt 16k (Deccan Herald, Correspondent or Reporter, Sep 20, 2007)
The country's premier stock exchange's sensitive index on Wednesday opened with a bang and ended with a biggest ever rally notching up a single-day gain of 654 points thanks to the impact of the US Federal slashing its benchmark rate by 50 basis points.
- Sensex Claims Mt 16k With Fed Help (Pioneer, Correspondent or Reporter, Sep 20, 2007)
The Sensex skyrocketed on Wednesday on the back of 50 basis point cut in the US bank rate and recorded its biggest point-wise gain of 653.63 points surpassing the record 615.62 points on June 15, 2006. It took 52 trading days for Sensex to travel. . .
- Sensex Surges Past 16,000 (Business Line, Correspondent or Reporter, Sep 20, 2007)
It’s all-time high; Fed rate cut powers 653-point gain
- Sensex Turns Sweet Sixteen (Telegraph, Correspondent or Reporter, Sep 20, 2007)
The sensex roared past its second milestone this year — the 16000-mark — after the US Federal Reserve slashed its key interest rate by an unexpected 50 basis points.
- Sensex Up 405pts; All Index Stocks Up (Business Standard, Correspondent or Reporter, Sep 19, 2007)
The Sensex is now up 405 points at 16,074.
- Country's Overseas M&a Likely At $35b (Pioneer, Correspondent or Reporter, Sep 10, 2007)
Reflecting the buoyancy in India Inc's quest for global mergers and acquisitions, the country's largest private lender ICICI Bank on Sunday said it will have a role to play in 70 per cent of the deals that are expected to be about $35 billion in . . . .
- Icici Banks Heavily On M&a (Asian Age, Correspondent or Reporter, Sep 10, 2007)
Leading private sector bank ICICI Bank foresees a pivotal role in at least 70 per cent of the Indian mergers and acquisitions deals that are expected to be in the range of $35 billion in aggregate during the current year.
- Icici Bank To Raise $2b From Overseas Investors (Times of India, Correspondent or Reporter, Sep 08, 2007)
India's most valuable, is seeking $2 billion from overseas investors to tap demand for roads, ports and power in the fastest-growing economy after China, following similar funds by Citigroup and Blackstone Group.
- Asia Mixed Going Into Us Holiday (Singapore Times, Correspondent or Reporter, Sep 04, 2007)
Asian bourses closed mixed yesterday in the absence of fresh incentives as US markets were closed for the Labor Day holiday.
- Sensex Rises On Strong Gdp, Up 197 Points (Pioneer, Correspondent or Reporter, Sep 01, 2007)
Bulls on Friday had everything positive on their side - 9.3 per cent GDP growth and steady global markets.
- Roadblock For Icici, Sbi? (The Economic Times, Editorial, Economic Times, Aug 31, 2007)
The country’s top bureaucrats and financial regulators clearly don’t talk to each other. That is the only conclusion one can draw from the timing of RBI’s discussion paper on holding companies in banking groups.
- Unintentional (Telegraph, Editorial, The Telegraph, Aug 31, 2007)
ICICI Bank is the daughter of ICICI who swallowed her mother. ICICI saw an end to its business of long-term finance after liberalization brought in new competitors.
- 66-Yr-Old Rips Eight Banks Off Rs 1.64 Cr (Deccan Herald, Correspondent or Reporter, Aug 30, 2007)
A 66-year-old man, allegedly duped around eight banks, including multinational financial institutions by submitting fictitious documents and managed to raise loans to the tune of Rs 1.64 crore.
- Firstsource Buys Us-Based Medassist For $330 M (Business Line, Correspondent or Reporter, Aug 30, 2007)
In one of the largest cross-border acquisitions by an Indian BPO company, ICICI Bank-promoted Firstsource Solutions has agreed to pay $330 million (Rs 1,353 crore) for buying a US company, MedAssist Holdings, to strengthen its presence in the . . . .
- Holding Banks Back? (Business Line, Editorial, Business Line, Aug 30, 2007)
In its concern for regulation, the RBI discounts the ambition in Indian banks to think big. Its model may hamper growth, rather than give it free rein.
- Bank Consolidation Not Inevitable — Multi-Tiered Model Still Relevant (Business Line, T. B. Kapali , Aug 30, 2007)
Bank consolidation is again in the news. The boards of State Bank of India (SBI) and State Bank of Saurashtra (SBS) are reported to have approved the merger of the latter with the former.
- Pe Firms Invest Record $3.8b In 8 Months (Singapore Times, Correspondent or Reporter, Aug 30, 2007)
Global private equity (PE) firms, including Blackstone and Carlyle Group, have made an investment of $3.8 billion in 2007 so far in the country, up 50% from the year-ago period.
- Strengthening Sbi (The Economic Times, Correspondent or Reporter, Aug 29, 2007)
For years, a recurring debate in banking circles was whether the State Bank of India (SBI) should spin off its associates as a separate bank or whether it would envelop them into its fold. That debate has now been settled.
- Holding Companies Mooted For Banks (Hindu, Correspondent or Reporter, Aug 28, 2007)
The Reserve Bank of India on Monday mooted a proposal to set up financial holding companies (FHCs) or banking holding companies (BHCs) for Indian banks “as the banks would be much better protected from possible adverse effects from the activities of . . .
- Sensex Zooms; Banks, Ril Lead Rally (Deccan Herald, Correspondent or Reporter, Aug 28, 2007)
The stock market on Monday rose for the second day in row with a 418-point rally in the benchmark BSE Sensex on robust gains in Reliance Industries and ICICI Bank as concerns over US housing loan crisis and domestic political uncertainty eased...
- Sensex Up 418 On Global Cues (Hindustan Times, Correspondent or Reporter, Aug 28, 2007)
Indian stocks rallied on Monday as concerns eased somewhat over losses from the US sub-prime market and its spillover into the wider economy and also about domestic political uncertainty.
- Sensex Gains Ground, Zooms 417 Points (Pioneer, Correspondent or Reporter, Aug 28, 2007)
Bulls reigned supreme on Dalal Street on Monday on the back of easing concern on survival of UPA Government and also US subprime mortgage crisis. Charged up bulls, who dominated the ring right from the morning, lifted Sensex by 417 points . . . . .
- Rbi's Discussion Paper On Holding Firms In Banking Sector (Pioneer, Correspondent or Reporter, Aug 28, 2007)
Concerned over proliferation of intermediate holding companies, the Reserve Bank on Monday issued a discussion paper to formulate a new framework for financial sector entities to allow conglomerates to undertake banking, insurance and other . . .. . .
- Japan Floats Bilateral Currency Swap Treaty (Deccan Herald, Correspondent or Reporter, Aug 23, 2007)
Japanese Prime Minister Shinzo Abe, on Wednesday, said it has drawn up a basic structure, for currency swap agreement with India which will cater to short term liquidity and complement foreign exchange norms.
- Sensex Slips Below 14k (Pioneer, Correspondent or Reporter, Aug 22, 2007)
Bears ruled the roost on Dalal Street on Tuesday not because of any negative business or commercial sentiments but because of uncertainty of the UPA Government.
- Rs. 1,079 Cr. Fdi Proposals Cleared (Hindu, Correspondent or Reporter, Aug 22, 2007)
The Central Government on Tuesday approved the proposal of Blackstone GPV Capital Partners Mauritius V-B Ltd. to bring in Rs. 447.20 crore as foreign direct investment (FDI) into an operating-cum-holding company, SKR BPO Services. . .
- Icici Bank Gets $200 M Korea Exim Bank Loan (Deccan Herald, Correspondent or Reporter, Aug 22, 2007)
ICICI Bank, on Tuesday, signed a $200 million loan agreement with Export Import Bank of Korea for funding projects that have business ties with Korea..
- Govt Nod For 20 Fdi Projects (Deccan Herald, Correspondent or Reporter, Aug 22, 2007)
The Centre, on Tuesday, approved 20 foreign direct investment proposals worth Rs 1,078.65 crore, including ICICI Banks plan to induct Rs 214 crore through the foreign direct investment route.
- India Inc Converts, Loosens Fccb Bonds (Singapore Times, Correspondent or Reporter, Aug 22, 2007)
Foreign currency convertible bonds (FCCB) are losing their sheen. After becoming India Inc’s favourite fund-raising instrument, FCCBs are falling out of favour due to rising interest costs, declining premia and lower conversion into equity.
- Centre Clears 20 Fdi Proposals (Asian Age, Correspondent or Reporter, Aug 22, 2007)
Government today approved 20 foreign direct investment proposals worth Rs 1,078.65 crores, including ICICI Bank's plan to induct Rs 214 crores through FDI route.
- Icici To Focus More On M&a Financing (Asian Age, Correspondent or Reporter, Aug 18, 2007)
ICICI Bank will shift its focus on global mergers and the acquisition financing with less than 25 per cent equity participation in the newly acquired companies.
- Icici Bank Gets Fipb Nod To Divest 24% Stake In Insurance Co (Indian Express, Correspondent or Reporter, Aug 18, 2007)
Foreign Investment Promotion Board (FIPB) has cleared a proposal by ICICI Bank to divest 24 per cent stake in ICICI Financial Services, the bank’s holding firm for insurance business, in favour of foreign players.
- Sensex Falls Like Nine Pins (Pioneer, Correspondent or Reporter, Aug 17, 2007)
It was mayhem for investors on Thursday as Sensex witnessed a free fall. Unable to bear severe onslaughts from bears, bulls exited the Dalal Street. As bulls were not there, Sensex plummeted by 642.70 points (its second biggest fall in absolute terms).
- Coffee & Funds (Telegraph, Editorial, The Telegraph, Aug 13, 2007)
It is astonishing that 43 years after Unit Trust of India started US64 and 14 years after the first private mutual funds were permitted, less than 2 per cent of the working population has invested in them according to an Invest India survey.
- Sensex Sinks 232 Points (Pioneer, Correspondent or Reporter, Aug 11, 2007)
Bears further strengthened their position on Dalal Street on Friday on the back of weak global markets.
- Banking On The Future (Business Line, M. Sitarama Murthy, Aug 11, 2007)
In an overview of banking operations since Independence, especially the reform period, makes the point that past achievements pale in the face of the challenges ahead.
- Anti-Collision Device Will Be Ready By 2013 (Hindu, Sujay Mehdudia, Aug 11, 2007)
The Anti-Collision Device (ACD), an on-board train protection device indigenously developed by Konkan Railway, will be ready for installation by 2013.
- Bear Hug Pulls Sensex Down By 208 Points (Pioneer, Correspondent or Reporter, Aug 10, 2007)
Bears had a field day on Dalal Street on Thursday as bulls could not face severe onslaughts from their competitors and left the trading arena.
- Woman Dupes Banks Of Rs 64 Lakh (Times of India, Correspondent or Reporter, Aug 08, 2007)
She hasn't studied beyond Class X but she's a class of her own when it comes to duping MNC banks. She conned them into giving her loans worth Rs 64 lakh. In the last four years, her victims include Citibank, Standard Chartered Bank and ICICI Bank.
- Icici Bank Cuts Deposit Rates By 25-50 Bps (Business Standard, Correspondent or Reporter, Aug 08, 2007)
ICICI Bank today reduced interest rates on deposits of value less than Rs 15 lakh by 25-50 basis points for select maturities upto two years, a day after the country’s largest lender SBI reduced its deposit rates.
- Sbi Mf Is Most Popular Mf Brand: Study (Singapore Times, Correspondent or Reporter, Aug 08, 2007)
SBI Mutual Fund has emerged as the most popular mutual fund brand, leaving behind ICICI Prudential MF and Reliance Mutual Fund, in a survey conducted by global research firm The Nielsen Company (TNC.)
- India Inc: Coming Of Age (Business Line, Editorial, Business Line, Aug 07, 2007)
If the M&A deals struck in the first half of 2007 are any indication, it appears that the boom witnessed in 2006 is likely to continue. Corporate finance activity in India saw 382 deals worth Rs 1,047 billion ($26 billion) in the first half of . . . .
- Forex Market Boom Stokes High Salaries, Turnover (Singapore Times, Correspondent or Reporter, Aug 07, 2007)
The salaries of foreign exchange traders in India are expected to jump by up to 30 per cent this year as the rising rupee stokes demand for hedging services and trading volumes swell.
- Prospects Harden For Indian Fund-Raisers (Hindustan Times, Correspondent or Reporter, Aug 04, 2007)
With the slowdown in foreign fund inflows as a result of the crisis in the sub-prime market in the US, India’s Inc ability to raise resources at competitive rates is bound to be affected.
- Sensex Regains 15k Mark, Up 152 Points (Pioneer, Correspondent or Reporter, Aug 04, 2007)
After a strong global bear hug on Thursday markets recovered on Friday, as bulls worked very hard on Dalal Street on support from firming global trends and marginal fall in inflation rate.
- Advantage Argentina (Business Line, R. Viswanathan , Aug 02, 2007)
The Argentine economy has recovered remarkably well after the economic and debt default crisis of 2001.
- Rbi Hikes Cash Reserve Ratio, Keeps Rates Same (Indian Express, George Mathew, Aug 01, 2007)
Faced with huge foreign capital inflows, the Reserve Bank of India (RBI) continued with its hawkish vigil on the banking system.
- Sensex Down 461pts; Acc Plunges 5% (Business Standard, Correspondent or Reporter, Aug 01, 2007)
The Sensex is now down 461 points at 15,090.
- Rbi Asks Banks, Firms To Hone Risk Mgmt (Business Standard, Correspondent or Reporter, Aug 01, 2007)
The Reserve Bank of India (RBI) has urged banks, financial institutions and corporates to gear up their risk mitigation strategies to deal with higher economic volatilities.
- Bpcl: Slick Numbers (Business Standard, Niraj Bhatt, Aug 01, 2007)
Bharat Petroleum Corporation Ltd leveraged improved gross refining margins (GRMs) on a y-o-y basis in its refining division in the June 2007 quarter, which helped it to offset mounting under-recoveries in retail sales of auto fuels and kerosene . . .
- Chidambaram To Shourie, All Agree: Key To Growth Is Delivery Of Governance To The Poor (Indian Express, Correspondent or Reporter, Jul 31, 2007)
What is the single big idea of economic reforms? One idea that can be implemented despite the inertia of politics and government?
- E-Transfer Of Forex To Come Under Lens (Times of India, Correspondent or Reporter, Jul 30, 2007)
As part of a global push against money laundering and choking flow of funds for terror financing, the government is set to establish a trail of all foreign exchange transactions, including electronic transfers through various intermediaries by . . . .
- Time To Pension Off The Epfo (Indian Express, Ashish Aggarwal, Jul 30, 2007)
As always, the Employees Provident Fund Organisation’s extended annual ritual to decide the EPF interest rate has deflected attention from the core issues.
- Credit Policy Review — A Pause In Policy Rate Changes? (Business Line, A. Seshan, Jul 30, 2007)
The central bank may not make any changes in interest rates at this time. Its policy may be directed towards stemming capital inflows, at the source of many of its troubles. And as suggested by the EAC, the RBI should curb Indian firms from . . . .
- Not All Fii Money Is Hot (The Economic Times, Correspondent or Reporter, Jul 27, 2007)
FII money is flooding into India. Till July 24 net investment (purchases minus sales) by FIIs in Indian equities has reached a little over $10 billion.
- Shaking The Foreign Hand (Indian Express, Editorial, Indian Express, Jul 27, 2007)
Changes will be made, says the Congress, to the Foreign Contribution (Regulation) Bill, 2006.
- Sensex Down 475pts On Global Slide (Business Standard, Correspondent or Reporter, Jul 27, 2007)
The Sensex continues to slide and is now down 475 points at 15,301.
- When Experience Is A Liability (Business Standard, Correspondent or Reporter, Jul 25, 2007)
Analysts and investors are optimistic on India, but it is difficult to be as bullish.
- Central Bank Ipo Fully Subscribed On First Day (The Financial Express, Correspondent or Reporter, Jul 25, 2007)
The initial public offer (IPO) of Central Bank of India, expected to raise up to Rs 816 crore, has received good response from investors and got fully subscribed on the first day.
- Harness The Forex Flood (Business Line, Editorial, Business Line, Jul 24, 2007)
Had anyone suggested in 1991 that India would in just over 15 years accumulate foreign exchange reserves of more than $200 billion, that would have been dismissed as fantasy.
- Sensex In Sight Of 16,000 (Hindustan Times, Correspondent or Reporter, Jul 24, 2007)
Share indices hit record highs yet again on Monday and the Sensex closed at an all-time high of 15,732.20 after touching 15,773 intra-day.
- Sensex Closes At New High (Pioneer, Correspondent or Reporter, Jul 24, 2007)
Sensex continued its onward journey even on Monday despite weakening global stock markets, as bulls worked very hard towards the final hour of the session.
- Forex Kitty Swells $4.12 B, Touches $219 B (Business Line, Correspondent or Reporter, Jul 21, 2007)
‘RBI has been buying dollars to maintain the rupee at 40.35 levels’
- Make Financial Literacy Subject In Class Xi: Fm (Indian Express, Correspondent or Reporter, Jul 21, 2007)
Union finance minister P Chidambaram said today that educational institutions across the country should make financial literacy a compulsory subject for students of all streams in classes XI and XII. Delivering a lecture at the Rajiv Gandhi . . . .
- Sow The Right Strategies (Business Line, S. D. Naik, Jul 18, 2007)
The farm sector grew at just 1.8 per cent per annum during the Tenth Plan period against the targeted four per cent. Stepping up public investment alone is unlikely to yield the desired results.
- How Retail Banking Has Gone Into Overdrive (Business Line, T. B. Kapali , Jul 18, 2007)
The perceived stability of the income stream from the retail business is probably the most important driver of the push into retail. From a strategic point of view, this stability is expected to offset the inherent volatility of revenues/profits . . . .
- Heading For Recession (Hindustan Times, Editorial, HindustanTimes, Jul 14, 2007)
For more than a hundred years, economists have been unable to make up their minds whether theirs is a pure science or a part of the humanities. This has made economic analysis an unusually vexatious business.
- Dubai Acquires 3pc Stake In Icici Bank (Singapore Times, Correspondent or Reporter, Jul 13, 2007)
Dubai's government has bought 2.87 per cent of ICICI Bank, India's second-largest lender, through Dubai International Capital, one of the agencies it has used to invest in some of Europe's biggest banks.
- Heading For Recession (Hindustan Times, Editorial, HindustanTimes, Jul 13, 2007)
For more than a hundred years, economists have been unable to make up their minds whether theirs is a pure science or a part of the humanities. This has made economic analysis an unusually vexatious business.
- India Stock Prices Close Lower (Singapore Times, Correspondent or Reporter, Jul 11, 2007)
India --Indian shares ended lower Tuesday, a day after closing at a record high.
- Icici Bank In Rs 1 Trillion M-Cap Club (Indian Express, Correspondent or Reporter, Jul 10, 2007)
Even as the benchmark Sensex closed above the 15,000 mark for the first time on Monday, ICICI Bank became the first bank to join NTPC and Bharti in the Rs 1 lakh crore market capitalisation club.
- Icici Bank Joins Rs 1 Trillion Club (Pioneer, Correspondent or Reporter, Jul 10, 2007)
Country's largest private lender ICICI Bank on Monday joined the likes of Reliance Communications, Infosys and Tata Consultancy Services in the Rs 1 trillion market valuation club.
- Sensex, Nifty Close At Life-Time High (New Indian Express, Correspondent or Reporter, Jul 10, 2007)
With technology stocks opening firm, Indian indices rose to a record high for a sixth successive day on Monday, closing above the 15,000 mark for the first time in its history.
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