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Growth's fine, inflation the worry RBI raises repo rates; loans may turn dearer
LOAN products across the board could cost more with the RBI switching on to a high interest regime to contain a swell in prices. Corporate and housing loans, which do not carry fixed interest rates, could be dearer by 0.25-0.30 percentage points ...
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`Indications of an investment boom'
THE Finance Minister, Mr P. Chidambaram, on Tuesday said that there were indications of an "investment boom" in the country on the back of a buoyant economy. "There are indications of an investment boom supported by buoyant growth in credit as ...
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Bill Ford is here; India is right at the top for him
India is right at the top of the list. The market is critical to our plans for building a Ford Motor Company for the 21st century."
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Higher sales drive Tata Motors Second-quarter net profit rises 9 pc
TATA Motors Ltd today reported a 9.27 per cent increase in profit after tax for the quarter ended September 30, 2005, to Rs 337.87 crore from the previous corresponding Rs 309.21 crore. Net sales/income from operations was up 15.34 per cent at ...
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HCL Tech net up 68 pc; keeps growth forecast Large deal strategy pays off; $50-m clients in fold
HCL Technologies on Tuesday posted a 68.3-per cent increase in net income, excluding `other income' at Rs 152.1 crore in the quarter ended September 30 from Rs 90.4 crore in the year-ago period. It has stuck to its strong growth forecast as it ...
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TCS launches Chennai centre for infrastructure management & BPO
TATA Consultancy Services (TCS) on Tuesday inaugurated its centre in Chennai for providing infrastructure management and business process outsourcing (BPO) services. With about 250,000 sq. ft. of space at an investment of Rs 45 crore, the ...
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Mastek to hire 1,500 this year
SOFTWARE solutions and integration services provider Mastek will recruit an estimated 1,500 people in the current year as it ramps up its operations in various areas to evolve into a company that delivers complete value-added business ...
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Market positive; bank stocks surge
Stocks, particularly banking, rallied after the central bank met market expectations with a quarter-percentage-point hike in repo/reverse repo rates and raised the GDP growth forecast to 7-7.5 per cent. BSE Bankex rose 1.42 per cent and NSE's ...
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