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MONEY & BANKING
FINANCIAL PERFORMANCE:
HDFC net up 25% in Q1 on higher income
Loan disbursements see healthy growth; margins tad higher. Mumbai, July 16 Housing finance major HDFC Ltd posted a net profit of Rs 468 crore for the quarter ended June 30, 2008, up 25 per cent from Rs 373 crore in the corresponding quarter ...
HOUSING FINANCE:
Property prices may head south: HDFC chairman
Mumbai, July 16 Property prices, barring certain areas in big metros, may witness further correction in the near future. ...
OUTSOURCING:
Outsourced finance deals worth $5 b due for renewal: Study
New Delhi, July 16 Over $5 billion worth of Finance and Accounting Outsourcing (FAO) contracts are expected to come up for renewal over the next three years, according to Everest ...
INTEREST RATES:
Further rate hike will hit profitability: Kamath
Conservative approach favoured to tame inflation. Hyderabad, July 16 Any further hike in interest rates to control inflation will hit corporate profitability, according to Mr K.V. Kamath, Managing Director and Chief Executive Officer of ICICI ...
CREDIT CARDS & DEBIT CARDS:
Now, cash back on debit cards to promote spends
Kolkata, July 16 How about getting back a percentage of the money spent on a new LCD television, clothes or the monthly grocery? This may be possible now because banks are offering a cash back facility on debit cards to encourage customers to ...
PUBLIC OFFER:
IOB to raise Rs 400-cr Tier II capital
Follow-on offer likely next fiscal. New Delhi, July 16 Indian Overseas Bank (IOB) may tap the capital market with a follow-on-public offer (FPO) next fiscal to fund business growth. The bank will raise at least Rs 400 crore of Tier-II capital ...
EVENTS:
Seminar on financial markets
EVENTS:
Seminar on financial markets
GENERAL INSURANCE:
Shriram General kick-starts operations
Chennai, July 16 Shriram General Insurance Company on Wednesday said it was ready to commence operations. The company, which recently got its licence, is kicking-off with an initial paid-up capital of Rs 105 crore. Santam, part of the Sanlam ...
FINANCIAL SERVICES:
Fidelity, Bajaj Allianz tie up
Fidelity asset management company (AMC) in India on Wednesday entered into an agreement with Bajaj Allianz Financial Distributors for the distribution of its products. ...
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Radar: Resources elsewhere
Food: Who pays the price (Video)
ADB World Outlook 2008
ADB's Outlook on India
Union Budget 2008-09
Railway Budget 2008-2009
Economic Survey 2007-2008
In Focus
Remembering Ramachander
Ranbaxy-Daiichi deal
People's car
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Looking back
Jul. 6-Jul. 12
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