Business Daily from THE HINDU group of publications
Wednesday, May 13, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, May 13, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
MONEY & BANKING FINANCIAL MARKETS: Will private investment in distressed assets catalyse? Some encouraging data have begun to come out of every leading economy — the US, Japan, Germany and the UK, not to speak of the rising giant ... FINANCIAL PERFORMANCE: Rise in other income boosts Kotak Mahindra Bank Q4 net Life insurance biz reports maiden profit of Rs 14 cr in 2008-09. Mumbai, May 12 Boosted by strong growth in other income, Kotak Mahindra Bank reported a 48 per cent increase in its net profit to Rs 103 crore in the fourth quarter of 2008-09 as ... TECHNICAL ANALYSIS: Rupee nears key resistance The impending Lok Sabha election results, due this Saturday, is not causing any consternation to the rupee. The currency continued to trade strong against the dollar helped by some robust portfolio inflows into the country. Foreign ... FOREX: Rupee gains by 20 p against dollar ... GOVT BONDS: Bonds close lower in volatile trade ... SHORT TERM INSTRUMENTS: Call rate unchanged The inter-bank call rate ended at 3.20-3.20 per cent, same as the previous day’s close. Under the LAF, there were no bids in the repo auction. In the reverse repo auction, the Reserve Bank of India received and accepted 45 bids for Rs ... PEOPLE: State Bank of Hyderabad new CGM ... LIFE INSURANCE: ING Vysya Life premium income grows 24% 66% rise in renewal premiums boosts performance. Bangalore, May 12 ING Vysya Life Insurance Company Ltd (IVLIC) bucked the industry trend and reported a premium income growth of 24 per cent for the last ... FOREX: Weak rupee is good news for the movie business Mumbai, May 12 The weakening of the rupee against the dollar has been welcome news for the Indian film industry with forex gains in overseas releases bolstering ... OUTLOOK: OBC targets Rs 9,020-cr biz in eastern region Kolkata, May 12 Oriental Bank of Commerce (OBC) in eastern region targets more than 22 per cent business growth in 2009-10. “Our business target for the region in the current fiscal is Rs 9,020 crore, which will comprise Rs 4,370 crore ... LIFE INSURANCE: Pension fund biz: Life insurance cos asked to float separate arm Mumbai, May 12 The Insurance Regulatory and Development Authority of India (IRDA) has asked life insurance companies to float a separate subsidiary to take up the pension fund management business under the new pension ... TRADE & LABOUR UNIONS: Bank unions to strike work on June 12; wage talks fail New Delhi, May 12 Bank employees and officers around the country are to strike work on June 12. The strike call has been given by the United Forum of Bank ... INTEREST RATES: India Inc seeks lower interest rates, higher credit flow Industry chambers have expressed concern over the fall in industrial production and waning consumer demand in response to the latest index of industrial production data. They are seeking lower interest rates, increase in lending by the banks ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
|
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
RSS Feeds