The Hindu Business Line : Sunday, September 25, 2005

Sabarimala Temple all set for Rs 1,000-cr facelift — IL&FS to raise funds from market
THE next round of infrastructure development that would be opening an unusual avenue for investors looking for long-term returns could be around major pilgrim centres in the country. The first major pilgrim site slated for infrastructure ... More

FOREX

Forex reserves fall by $1.05 b
THE country's forex reserves declined for the second week in a row. Currency revaluation resulted in a decline in forex reserves by $1.055 billion to touch $144.22 billion for the week ended September 16, according to the Reserve Bank of ... More

STOCKS

ICICI Bank: Book profits
ICICI Bank: Investors can take advantage of the substantial increase in the price in ICICI Bank and reduce exposures. The stock trades 3.5 times its book value. At 22, the price-to-earnings multiple of the bank is also much higher than that of ... More

HDFC: Buy
HDFC's relative superiority across parameters such as return on shareholder funds, lower proportion of bad loans, a comfortable capital adequacy ratio and its low-risk tag make it appealing from a long-term perspective. HDFC is also attractive ... More

Bank of Baroda: Buy
AN INVESTMENT in the Bank of Baroda stock can be considered. The stock is trading at a price to earnings multiple of nearly 10 times its earnings for the period ended March 2005. Earnings were depressed due to large ... More

CONSUMER FINANCE

HDFC Bank's financing scheme for Tata cars
HDFC Bank has come out with special offers on the Indica, Indigo and Marina. By opting for HDFC Bank's financing scheme, customers can avail themselves of a discount up to Rs 40,000 on purchase of the Indica Petrol. On purchase of petrol versions ... More

FOREIGN BANKS

50% of business to come from developing nations: HSBC chief
HSBC Group, the financial and banking services provider, sees about 50 per cent of its global business coming from developing countries, wherein India has emerged as a strategic market. The Chief Executive Officer of HSBC, Mr Niall Booker, ... More

CREDIT CARDS & DEBIT CARDS

A new card from American Express
IS THE prospect of rising petrol prices making you consider walking to work? Relax. There are options out there to ease the pressure on your wallet. The latest card from American Express promises to save you up to 10 per cent on fuel expenses. ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line