Business Daily from THE HINDU group of publications
Saturday, January 31, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, January 31, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS CORPORATE BONDS: Oil bonds help IOC report 41% rise in net New Delhi, Jan. 30 Oil bonds have come to the rescue of Indian Oil Corporation Ltd (IOC) in the third quarter of the current fiscal ended December ... REAL ESTATE & CONSTRUCTION: A boon to property developers Property development agreements involve interpretation of the provisions of the law regarding transfer and capital gains. The Madras High Courts ruling in the Ashok Leyland case put the property developers in a quandary. It held ... FINANCIAL MARKETS: 'Hotel room demand may see 8-10% growth by 2011' The current economic slowdown notwithstanding, demand for hotel rooms in India in the organised sector is expected to post a compounded annual growth rate (CAGR) of 8-10 per cent a year by 2011. This includes 5- star deluxe, 5-star, 4-star ... COURTS/LEGAL ISSUES: NCDEX moves HC against FMC Row over lower transaction fees. Mumbai, Jan 30 A writ petition filed by the National Commodities and Derivatives Exchange (NCDEX) in the Bombay High Court against commodity market regulator Forward Markets Commission’s (FMC) refusal to ... NEW PROJECTS: Cinemax bucks downturn; 50 more screens on radar After launching multiplexes in Kalyan (near Mumbai) and Hyderabad last week, multiplex operator Cinemax plans to add another 50 screens across the country with an investment of over Rs ... POLITICS: What holds back a full-fledged Budget? The Government seems to be vacillating between presenting an interim Budget and a bare-minimum and strictly utilitarian vote-on-account in the run up to the Lok Sabha polls in May. There is nothing in our Constitution to hold it back ... PERFORMANCE: Hindalco profit flat, sales down Weak demand for aluminium in next quarter seen. Mumbai, Jan. 30 Hindalco Industries reported a marginal rise in net profit at Rs 545 crore in the third quarter of the financial year ended December 31, against Rs 543 crore logged in the same ... FINANCIAL PERFORMANCE: GE Shipping net down 18% Mumbai, Jan. 30 Reduction in other income and marginal increase in interest and some exceptional items led Great Eastern Shipping to post a 18-per cent dip in net profit for the quarter ended December 31, 2008. The net profit for the ... NBFCS: Cholamandalam DBS to rejig capital Cholamandalam DBS Finance Ltd, the joint venture of Murugappa Group and DBS Bank, Singapore, has decided to go for capital restructuring to provide for loan losses and infuse ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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