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'Equities backed by physical assets will do better'

Economics, it is said, is a means of telling people things that they already know in a language they don't understand.

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JSW to infuse Rs 100 crore into JV

JSW Steel plans to infuse Rs 50-100 crore into JSW Severfield Structures Ltd, its UK-based joint venture with Severfield Reeve Structures, also based in the UK.

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Exporters squeezed by euro strength

The strength of the euro is forcing European companies to step up cost-cutting to compete with rivals from the US and elsewhere amid fears that it could slow their recovery when demand picks up

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Conjunction of Moon, Pluto hints at pullback after the Budget

Indian stocks rose a modest 1% last week as investors positioned themselves ahead of Monday's budget announcement.

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MCX-SX targets foreign investors

India's MCX-SX is in talks with foreign investors over the sale of stakes in the country's newest stock exchange, chief executive officer Joseph Massey said

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Worrying About India's Economy

David Hunkar submits: The global economic recession is projected to impact the economy of India adversely taking down the GDP for this year according to paper titled “Indian Economic Outlook 2008-09 and 2009-10″ from the Indian Council for Research on International Economic Relations [ ICRIER ]. The authors also argue that “There is real downside risk that the growth rate could plummet...

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Bankers expect budget measures to enhance industry growth

Given that infrastructure is a key-component to support the economic growth, the govt is widely expected to announce measures to facilitate more investment in the sector.

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Cess, surcharge, transaction tax are distortionary: Virmani

The principal author of the pre-Budget document, Arvind Virmani, today said these levies are "distortionary" and impede tax simplification.

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AI to draw up turnaround strategy on 6, 12, 18-month basis

Cash-strapped Air India will draw up a comprehensive short, medium and long-term strategy to rejuvenate itself.

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Balfour Beatty shares fall

Shares in the UK civil engineering and construction group decline further, leaving them down by 25% on the year, in spite of a steady order book across the first half of 2009

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Michael Jackson fireworks, the workaholic

Filed under: International markets , Other issues , Rants and raves , Competitive strategy , Workspace , Media World , Headline news While Michael Jackson is referred to affectionately by fans as the "King of Pop" . He could have just as easily carried the title "The hardest working man in show business" except for the fact that elder statesmen of the music world, the late James...

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Citi to go underground, literally

In a bid to get around the tight regulations on opening new branches by foreign banks, Citibank India has decided to go underground, to expand its network.

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Satyam set to fire another 800

With little resistance coming for the laying off process, Mahindra Satyam is now gearing up for yet another round of lay-offs.

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E-bike maker Kabirdass files for IPO

Electric scooters-maker Kabirdass Motors, seeking clearance from Sebi for an initial public offering in August, plans a pan-India presence post the fund-raising.

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Nuclear power a $40 bn opportunity

The Indian nuclear power market is estimated to touch $40 billion or Rs 20,000 crore by 2020, according to a study by an online research portal.