Business Daily from THE HINDU group of publications
Saturday, January 10, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, January 10, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
MONEY & BANKING FINANCIAL PERFORMANCE: Axis Bank net rises 63% on strong income flows ‘Q3 was tough due to tight liquidity, rising interest rates’. Mumbai, Jan. 9 Axis Bank reported a net profit of 63 per cent at Rs 501 crore for the quarter ended December 31, 2009, against Rs 307 crore in the corresponding quarter ... RESTRUCTURING: ‘Restructure IMF, World Bank’ Time to review global financial systems: Pratibha Patil. The President, Ms Pratibha Devisingh Patil, has stressed the need for restructuring the International Monetary Fund and the World Bank on a broad basis. This is necessary as the global ... CREDIT MARKET: Banks taking stock of loans to Maytas cos Mumbai, Jan. 9 Banks will be taking a hard look at the loans sanctioned and the performance of the loans already disbursed to Maytas Infra and Maytas Properties following Satyam Computer Services’ promoter Mr. B Ramalinga Raju admitting ... INSURANCE: Amended Insurance Bill to be booster to private players Will help them raise much-needed capital. Bangalore, Jan. 9 The private sector insurance companies are likely to be the first ones off the block to take advantage of the government’s move to amend the capital ... GOVT BONDS: Bond prices drop Rs 2.50 Bond prices fell by Rs 2.50, as the Reserve Bank of India set a higher than expected cut-off yield for the three auctioned government securities.The RBI set a cut off yield of 6.7 per cent for the 7.59 per cent-2016 paper, 7.35 per cent for the ... FIXED DEPOSITS: IT majors prefer to park cash with Indian banks BL Research Bureau The Satyam debacle has raised questions on the real cash position of Indian IT majors and where these companies really park their cash. Even as doubts are being raised about whether Satyam’s cash balances really ... OUTLOOK: Union Bank to review overseas expansion plans Chennai, Jan. 9 Due to the global meltdown, Union Bank of India to reassess its overseas presence plans but is upbeat on domestic expansion. Currently, the bank has an overseas branch in Hong Kong and two representative offices in Shanghai ... CREDIT MARKET: RBI, Govt want banks to lend more Chennai, Jan. 9 They call it moral suasion. The Ministry of Finance and the Reserve Bank of India will practically tell banks to liberalise lending, two senior members of the Government told Business ... FOREX: Forex reserves rise $627 m Mumbai, Jan. 9 The country’s foreign exchange reserves increased by $627 million to touch $255.240 billion for the week ended January 2. The reserves have registered an increase for the fourth ...
FOREX:
Rupee closes higher 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