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Saving for the sunset years
While striking the delicate but crucial balance between the increasing demands at work and spending time with the family, have you been able to give some thought to your retirement plans? With few of us lucky enough to have the backing of ...
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Khusrokhan, Partho Datta may be made Satyam advisors
New Delhi, Jan. 31 Former Managing Director of Tata Chemicals, Mr Homi Khusrokhan, and former Finance (Director) of the Murugappa group, Mr Partho S Datta, are likely to be roped in as advisors for Satyam Computer Services, which has been ...
M&M net plummets to Rs 1.2 cr on forex loss in Q3
Mumbai, Jan. 31 Mahindra & Mahindra (M&M) nearly slipped into the red in the third quarter with its net profit plummeting to Rs 1.2 crore from Rs 405.2 crore in the corresponding period last year. Net revenue also fell 15 per cent to ...
Unitech, Parsvnath see steep fall in profit
New Delhi, Jan.31 The slump in demand continued to hurt the realty pack this earnings season, with net profit of Unitech Ltd and Parsvnath Developers plunging 74 per cent, and 95 per cent respectively, in the ...
Existing telecom cos against lock-in of promoter’s equity
Mergers and acquisitions should be based on free market mechanism: Cellular operators. New Delhi, Jan. 31 Existing telecom players are backing new players against a proposal to ban dilution of promoter’s equity in a company for 3-5 ...
Index Outlook
Members of India Inc vied with each other in assailing investors with horrendous earnings last week. But if the market’s reaction to these numbers is anything to go by, investors’ ability to absorb bad news appears to have reached ...
Franklin India Taxshield: Invest
Investors can consider buying the units of Franklin India Taxshield (Franklin Tax) Fund, considering its long-term track record in delivering steady returns and its ability to ...
Mundra Port & SEZ: Buy
Investors with a 3-5 year perspective can consider adding the stock of Mundra Port & SEZ (MPSEZ), the only non-captive private sector port player in the listed ...
Crompton Greaves: Buy
At a time when corporate earnings have begun to mirror the slowdown felt by the economy, Crompton Greaves has managed to sustain sales and earnings growth, amidst stiff raw material costs and marginal slowdown in demand. In what could be ...
India Cements: Hold
Shareholders of India Cements can hold the stock. Continuing strong demand, healthy despatches and the moderation in input prices point to an improving earnings picture for the company in the coming ...
KPMG cannot restate Satyam accounts: ICAI
Hyderabad, Jan. 31 Global accounting firm KPMG cannot restate the accounts of Satyam Computer Services, Mr Ved Jain, President, Institute of Chartered Accountants of India ...
Grasim profit falls 36% at Rs 460 cr in Q3
Price of cement, operating margins may see pressure. Mumbai, Jan. 31 Grasim Industries, with interest in cement, viscose staple fibre (VSF), caustic soda and sponge iron, reported a 36 per cent drop in net profit at Rs 460 crore in the third ...
Satyam investigators obtain forged documents on FDs
Hyderabad, Jan. 31 Investigating agencies probing the Rs 7,136-crore scam at Satyam Computer Services have stumbled on key bank transactions that show fund flow from Satyam to some of the front companies of Mr Ramalinga Raju and his ...
Weekly News Round-up(Latest Audio:Enlgish)
Passing on the benefit of the falling crude oil prices, the Central Government on Wednesday cut the retail price of petrol by Rs. 5 a litre and that of high speed diesel by Rs. 2. The price of LPG was reduced by Rs. 25 ...
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