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Two out of five cos cut employee costs in Dec quarter
Trend witnessed in sectors hit by slowdown; IT space bucks it. BL Research Bureau With sales and profit growth slowing down for India Inc, two out of every five companies, or 40 per cent (of a universe of 450), have slashed employee costs in the ...
Mobile cos to pay higher penalty on unverified users
DoT to introduce graded penalty system from April. New Delhi, Feb. 7 In a bid to address concerns raised by security agencies, the Department of Telecom has further tightened the mobile subscriber verification ...
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Joint effort: Mr T...
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Road ahead for private equity
Even as India Inc. is forced to down the potent cocktail of falling demand, margin pressure and earnings declines, the hangover, it seems, may be felt by the private equity funds. After making a record number of deals over the last two years, ...
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Piramal Healthcare: Talk of sale to Glaxo `unfounded'
It is an open secret that Big Pharma is looking for potential acquisition targets in emerging markets like India, since their product pipelines are under pressure and the global economic slowdown has thrown up attractive ...
Stricter H-1B hiring norms will not impact India, says Nasscom
New Delhi, Feb. 7 The US Senate has voted for imposing stringent conditions on hiring of workers on H-1B visa by American companies that are recipients of Federal bailout ...
9 PSBs on board new currency futures exchange
Bourse gets SEBI approval; launch in 2 months. Mumbai, Feb 7 Robust trading volumes in currency derivatives has drawn nine public-sector banks led by Bank of India, Federal Bank, MMTC, TCS and Jaypee Capital to jointly float India’s fourth ...
Low placement response prompts B-schools to cut participation fee
GETTING COS ON CAMPUS. New Delhi, Feb. 7 With a bleak placement scenario this season, some of the top B-school campuses are reducing ‘participation fee’ to encourage companies to visit their campuses. Other management institutes are ...
Index Outlook
Indian equities turned irresolute once more and wavered in a narrow range last week. Bulls warded off a further decline with talks of the goodies that might be doled out in the forthcoming stimulus packages in the US and India. But they could ...
Birla Sun Life 95: Invest
Investment can be considered in Birla Sun Life 95, a balanced equity-oriented fund, considering its three-year track ...
Reliance Growth Fund: Invest through SIP
Investors can continue to hold the units of Reliance Growth Fund, while those with a penchant for risk can consider fresh investments by way of SIP (Systematic Investment Plan), going by its long-term track record in delivering strong ...
DLF: Hold
While much was being said about the slowing real-estate sector in mid-2008, the September quarter results of the bigger developers such as DLF did not hint at dire prospects for the sector. A gradual slowdown appeared to be on the cards, ...
Sanghvi Movers: Buy
A reputable player in the crane-hiring business, Sanghvi Movers makes for an attractive investment despite the slowing economy, given its large fleet size, diverse user industry base and virtual monopoly in the higher tonnage cranes ...
EdServ Softsystems — IPO: Avoid
Investors can avoid investing in the initial public offering of EdServ Softsystems. EdServ is a provider of software and learning solutions that help prepare technical graduates for appropriate ...
Trade by the rules
Every stock market trade is an interesting game where each player has his own set of rules. Every new player, before entering the ring, has to decide his strategy and game plan for that trade. Before going in for any stock market activity, ...
High coal prices dent cement firms’ realisations
Demand concerns persist with no major step-up of housing projects. Mumbai, Feb. 7 Cement companies continued to reel under the high cost of production besides drastic fall in demand due to delay in execution of infrastructure and housing ...
Report outlines ways to deal with volatile capital flows
Greater caution in liberalisation of short-term debt flows advised. New Delhi, Feb. 7 There is “no one size fits all” solution for the emerging market economies battling volatile capital flows in the wake of the global financial ...
Weekly News Round-up(Latest Audio:Enlgish)
Imports in January this year fell by 16 per cent over the same month the previous year, in line with the 22 per cent decline in exports during the ...
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