Sunday, March 16, 2008

India: Art & Culture 16th March 2008

India: Art & Culture

The idea of cultural specificity
Hindu - Chennai,India
The writer, based in New Jersey, has worked for the Jindal Art Foundation and the Kala Ghoda Art Festival and is passionate about Indian art and writing.
 

CBI may reopen Buddha bust case
Times of India - India
The employees then lodged a complaint with the ministry of art and culture and the case was handed to CBI. The probe revealed that some museum officials ...
 

Weight of the world
Hindu - Chennai,India
The reason is that India is a heterogeneous country. Every State has its own language and culture. A movement takes shape when everyone thinks alike. ...
 

Painting for profit
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
In May 2006, Christie's held the first sale in the region, mainly of Middle Eastern and Indian art. It made US$8.4m, doubling expectations, and was followed ...
 

'Symphony of Colours' opens in Gurgaon
Merinews - New Delhi,India
"I have lived abroad most of my life and developed a taste for art and culture," she said, adding that her purchases were purely for pleasure. ...
 

Paintings of the West
Glasgow Daily Times - Glasgow,KY,USA
At last, Margo discovered the perfect subject for her art. "I just fell in love with the Indian culture," Margo said. "I found capturing expression in the ...
 

Last Men Standing
Times of India - India
Korlai is your standard Portuguese-Indian palimpsest. Traces of the old colonial culture still haunt a few customs, and the living ghost of a 400-year-old ...
 

India : Banking & Finance 16th March 2008

India : Banking & Finance

Why are the markets down?
Economic Times - Gurgaon,Haryana,India
Shares of banking counters led the market fall after the budget announcement this year. The Finance Minister announced a Rs 60000 crore agriculture loan ...

India Corporate 16th March 2008

India Isn't Seeking BlackBerry Ban, Government Says (Update2)
Bloomberg - USA
While India doesn't yet supply a significant fraction of the company's sales, growth there is faster than in more mature markets, he said. ...
 

Is the Gulf headed for a labor crisis?
CNN International - USA
But the problems aren't restricted to Kuwait, as prices on everything involved in the Gulf construction industry shoot up. In January this year, ...
 

Essar in talks with Arcelor Mittal to buy US steel co
Economic Times - Gurgaon,Haryana,India
The Essar group, which has nearly 5 million tonne of steel production capacity in India, last year purchased two steel companies in north America, ...
 

Indian pipe company bringing 250 manufacturing jobs to Little Rock
Springdale Morning News - Springdale,AR,USA
"When one company locates here ... from India, as Welspun did, then they talk about it with their colleagues, sometimes even with their competitors, ...
 

Expedia's Path to Expansion Passes Through India
New York Times - United States
In addition, it owns a controlling interest in eLong, a Chinese online travel company. Expedia's expansion into India is part of an aggressive international ...

India : Company & Industry 16th March 2008

India : Company & Industry

Coca-Cola India in black: Isdell
Economic Times - Gurgaon,Haryana,India
And it didn't take a Coca-Cola India spokesperson to decipher the reason for such an abrupt transformation. When the global head of a company comes calling, ...

India : Life & Leisure 16th March 2008

VICE PRESIDENT'S ADDRESS AT DISMISSAL SERVICE IN ST. STEPHEN'S COLLEGE
Press Information Bureau (press release) - New Delhi,India
Education, he observed, should largely be training in the right way of using leisure, which without education may be misspent and fritted away to become the ...
 

Rs. 1.2-1.5 bn., from rights issue
Sunday Leader (subscription) - Columbo,Sri Lanka
Serendib Leisure (a Hemas Holdings plc subsidiary) Marketing Manager Thishani Jayatunge said the hotel has won the prestigious Gold Award for customer ...

India : Management & Marketing News 16th March 2008

IIMs: India remains preferred destination for students
Hindu - Chennai,India
KOLKATA: With the placement process coming to a close for most of the Indian Institutes of Management, the emerging trend shows that India remained the ...
 

IIMA to start courses on luxury, retail sectors
Economic Times - Gurgaon,Haryana,India
So, there is a need for professionals in this segment who could understand the scene behind luxury management,'' said IIMA faculty of marketing Piyush K ...
 

India: Management of powdery mildew disease in grape
FreshPlaza - Netherlands
Such fruits become unfit for marketing. Effective control can be done by timely dusting withDinocap (0.2%) or Carbendazim (0.1%) or Folicur (0.05%) for ...
 

Pistachio, the next 'healthy' nut
Sify - Chennai,Tamil Nadu,India
Engels was addressing a group of international journalists and nutritionists from India, China, Mexico, Spain and the UK, visiting the company's processing ...
 

Unilever CEO bets on emerging markets on economic strength
Hindu - Chennai,India
However, the Unilever chief was emphatic that in India "the focus is on organic growth. There is so much growth potential in micro marketing, ...

India : Economy & Policy 16th March 2008

Recession in US economy to hit budget projection: CPI(M)
Hindu - Chennai,India
Bhubaneswar (PTI): Warning that recession in the US economy would hit India and shatter its budget projections, CPI-M on Saturday demanded immediate halt to ...
See all stories on this topic

The Big Skills Fix
Sunday Herald - Glasgow,Scotland,UK
Those of us with a professional interest in seeing how policy levers can serve economic ambitions are paying close attention. Scotland's economic policy ...
See all stories on this topic

A Ravindra
Newindpress on Sunday - Chennai,India
Air travel in India has registered remarkable growth during the last few years. Given the rate at which the economy is growing, the growth rate is bound to ...
See all stories on this topic

Mutual Funds News 16th March 2008

ICICI Pru offers institutional plan for infra fund

ICICI Prudential Asset Management Co Ltd on March 14, introduced institutional option in its infrastructure equity fund. Investors under the plan can buy units of ICICI Prudential Infrastructure Fund without paying a load, or a fee for entering or buying units in the fund. However, investors should put in a minimum 200 million rupees, the firm said. Institutional plans have higher minimum investment limit but they generally do not charge entry or exit load and levy lower annual expenses as compared with retail plan.

 

HDFC MF revises minimum application amount

HDFC mutual fund has revised minimum application amount in the wholesale option under HDFC Floating Rate Income Fund-Short Term Plan. The changes will be effective from 24 March 2008.

The Minimum application amount under each option (growth and dividend) for existing investors was Rs 1 crore and in multiples of Re 1 thereafter. As per revised provision, the minimum application amount for existing investors would be Re 1 and in multiples of Re 1 thereafter.

There will be no change in application amount for new investors as it was Rs 1 crore and in multiples of Re 1 thereafter.

Mutual funds - Upcoming Dividends - 16th March 2008

Latest Dividends Announced by the Mutual Funds

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Lotus India MF declares dividend

The Lotus India mutual fund has announced the declaration of dividend under retail quarterly dividend option of Lotus India Active Income Fund. The record date for dividend will be 18 March 2008. The dividend proposed to be declared is 2.5% i.e. Re. 0.25 per unit on a face value of Rs.10 per unit.

The NAV of the retail quarterly dividend option as on 13 March 2008 was Rs. 10.4507.

 

JM Financial MF declares dividend for two schemes

JM Financial Mutual Fund has announced 19 March 2008 as the record date for the declaration of dividend under dividend option of JM Arbitrage Advantage Fund and JM Equity and Derivative Fund.

The fund house has declared a dividend of 2.50% i.e. Rs 0.25 per unit on face value of Rs 10 for JM Arbitrage Advantage Fund. It has also declared a dividend of 1.80% inclusive of dividend distribution tax i.e. Rs 0.18 per unit on face value of Rs 10 -for JM Equity and Derivative Fund.

The record date for both the scheme has been fixed as 19 March 2008.

The NAV of JM Arbitrage Advantage Fund was at Rs. 10.3900 as on 13 March 2008 whereas the NAV of JM Equity and Derivative Fund were at Rs. 10.3899 as on 13 March 2008.

JM Arbitrage Advantage Fund is an equity oriented interval fund with an investment objective of generating income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.

JM Equity and Derivative Fund is an income scheme Interval fund. Its investment objective is to generate regular income through arbitrage opportunities.

 

LIC MF declares dividends

LIC Mutual Fund has announced 18 March 2008 as record date for declaration of dividends in three schemes: LIC Index Fund-Nifty Plan. The fund house has decided to pay dividend of 20% i.e. Rs 2.00 on the face value of Rs 10.

LIC Index Fund-Nifty Plan is an open-ended index scheme. The investment objective of the fund is to provide capital growth by investing in Nifty index stocks.

 

Birla Sun Life MF declares dividend

Birla Sun Life Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit for Birla Sun Life Fixed Term Plan- Half Yearly-Series 3. The record date is set as 18 March 2008. The fund house has decided to distribute 100% of surplus available under option as on record date. The NAV for the scheme was Rs. 10.4075 as on 13 March 2008.

Birla Sun Life Fixed Term Plan- Half Yearly-Series 3 is a close-ended income scheme with the objective to generate current income by investing in portfolio of fixed income securities maturing normally in line with the duration of the scheme.

Mutual Funds NFO - SBI MF launches new debt fund Series

New fund Offer - SBI MF launches new debt fund Series

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Name of Fund: SBI Debt Fund Series 13 Months Series 7

Scheme: It is a close ended debt scheme.

Objective: The objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in portfolio comprising of debt instruments.

Asset Allocation: The fund will invest 0%-100% in Government of India dated securities and treasury bills. The investment in securitised debt will be up to 20% of the exposure to AAA/AA+ bonds, and money market instruments.

Fund Opens: 7 March 2008

Fund Closes: 17 March 2008

Face Value: Rs 10

Investment Options: SBI Debt Fund Series 13 months Series 7 offers two plans i.e. retail and institutional. Both plans offer sub options of growth and dividend. The dividend option further provides dividend payout and reinvestment facility.

Entry Load: There will no entry load charged for the scheme due to its close-ended structure.

Exit Load: The scheme charges an exit load of 2.00%, if the investment is redeemed before the maturity period. Whereas there will be no exit load charged on the redemption made on or after the maturity period.

Minimum Investment Amount: The minimum investment amount under the retail plan would be Rs 50,000 and in multiples of Rs 1000 per application. The minimum investment amount under the institutional plan would be Rs 5 lakh and in multiples of Rs 1000 per application.

Benchmark Index: CRISIL Composite Bond Fund Index

Fund Manager: Mr. Killol Pandya and Mr. Parijat Agrawal

Mutual Funds NFO - Birla Sun Life MF launches another fixed term plan

New Fund Offer - Birla Sun Life MF launches another fixed term plan

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Name of Fund: Birla Fixed Term Plan Series AN

Scheme: It is a close end debt scheme.

Objective: The scheme seeks to generate current income by investing in a portfolio of fixed income securities maturing normally in line with the duration of the scheme.

Fund Opens: 11 March 2008

Fund Closes: 17 March 2008

Face Value: Rs 10.

Investment Options: The scheme will have retail plan and institutional plan with a common portfolio. Each plan under the scheme will have dividend and growth option. The dividend option shall have payout and reinvestment facility.

Entry Load: There will no entry load charged for the scheme due to its close-ended structure.

Exit Load: The scheme charges an exit load of 2.00%, if the investment is redeemed within 180 days from date of investment. There will an exit load of 1.00% if the investment redeemed after 180 days from the date of investment. Whereas there will not be any exit load charged on the investment redeemed on maturity date.

Minimum Investment Amount: The minimum investment amount under retail plan is Rs 5,000 and in multiple of Re 1 thereafter. The minimum investment amount under institutional plan is Rs 1 lakh and in multiple of Re 1 thereafter.


Mutual Funds NFO - Deutsche MF launches new Fixed Term Fund Series 46

New Fund Offer - Deutsche MF launches new Fixed Term Fund Series 46

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Name of Fund: DWS Fixed Term Fund Series 46

Scheme: It is a close-ended debt fund with maturity of 395 days from the date of allotment.

Objective: The objective of the fund is to generate regular income by investing in fixed income securities and money market instruments, usually maturing in line with the time profile of the fund.

Asset Allocation: The fund will invest up to 100% in domestic debt instruments including government securities and money market instruments and securitised debt. The investment in securitised debt would be up to a maximum of 100% of the net assets of the scheme. The scheme will not invest in foreign securities and foreign securitized debt. The exposure to derivatives shall be restricted to 50% of the net assets of the scheme.

Fund Opens: 7 March 2008

Fund Closes: 17 March 2008

Face Value: Rs 10

Investment Options: The investors will have the choice of two plans viz. regular plan and institutional plan. Each plans offers growth and dividend option. The dividend option offers sub option of dividend payout.

Entry Load: There will no entry load charged for the scheme due to its close-ended structure.

Exit Load: The scheme charges an exit load of 2.00% if the investment is redeemed any time from the date of allotment but before maturity date.

Minimum Investment Amount: The minimum investment amount under regular plan is Rs. 5,000 and in multiple of Re 1 thereafter. The minimum investment amount under institutional plan is Rs. 1 crore and in multiple of Re 1 thereafter.

Target amount: Rs.1 crore

Benchmark Index: CRISIL Short Term Bond Fund Index

Fund Manager: Mr. Suresh Soni.

Mutual Funds NFO - ICICI MF launches new FMP Series

ICICI MF launches new FMP Series

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Name of Fund: ICICI Prudential Fixed Maturity Plan - Series 43 13 Months Plan A

Scheme: A close-ended debt fund.

Objective: The investment objective of the scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the scheme.

Fund Opens: 13 March 2008

Fund Closes: 17 March 2008

Face Value: Rs 10

Investment Options: There are two options available under the scheme i.e. retail and institutional options. Cumulative and dividend sub-options will be available under the scheme. Dividend payout is the only facility available under dividend sub-option. Retail option shall be the default option and cumulative sub-option shall be the default sub -option.

Asset allocation: The fund will invest up to 100% in money market instruments, short term and medium term debt securities and debt instruments. The scheme will invest in debt securities which having tenure of approximately 390 days. The investment in securitised debt will be up to 50% of the net asset of the scheme. Exposure in derivatives instruments will be up to the extent of 50% of the net assets. The investment in central and state government securities will be up to 50% of the net asset of the plan.

Load: Due to its close-ended structure the scheme does not charge any entry load. There will be an exit load of 2.00% of the applicable NAV for the redemption made during the repurchase facility period.

Minimum Investment Amount: The minimum investment under retail plan is of Rs.5000 and in multiple of Re. 1 thereafter. Under institutional plan the minimum investment is Rs 1 crore and in multiple of Re. 1 thereafter.

Minimum subscription amount: Rs 1 lakh

Benchmark Index: CRISIL Short Term Bond Fund Index.

Fund manager: Mr. Chaitanya Pande

GAIL sets up IT disaster recovery centre at Jaipur

Gail India has formally commissioned an IT disaster recovery centre at Jaipur to ensure uninterrupted business operations in case of any eventuality.

The disaster recovery centre at Jaipur will help GAIL mitigate the risks of potential disasters to its IT infrastructure whether from fire, earthquake, prolonged power outage, war, riot, flood, bombing, terrorist attacks, cyber attacks etc. which in turn will help GAIL to continue uninterrupted services and supply to its customers.

The centre will help GAIL to achieve the zero data loss and restoration of business within 2-3 hours time in case of any eventuality. The three way disaster recovery centre has been set up by GAIL with state-of-the-art infrastructure at a cost of Rs 15 crore.

India Tax News 16 March 2008

Top taxman advises better pay up
Times of India - India
And no prizes for guessing that Indian ODI cricket captain Mahendra Singh Dhoni was the highest individual tax payee in Bihar and Jharkhand. ...

I&B ministry sets up panels to rationalise high entertainment tax
Economic Times - Gurgaon,Haryana,India
The committee will consist of members from Cable Operators Federation of India, MSO alliance, DTH players and entertainment commissioners of states like ...

Government denies any exodus of officers from tax department
Times of India - India
NEW DELHI: A total of 247 Group 'A' officers working in the Income Tax, Service Tax, Customs and Excise departments have left voluntarily during the last ...

Tax revenues will finance waiver: PC
Times of India - India
"This was possible because of the higher bouyancy in tax revenues," he said. The FM said the money for the farm sop — waiver and OTS — would come from ...

Senior citizens not cared for enough
Hindu Business Line - Chennai,India
Concern for the aged was reiterated again by Mr Jaswant Singh in his 2003-04 Budget speech: "India will shortly become home to the second largest number of ...

Industry body for 8 pct uniform tax on retail fuels
Reuters India - Mumbai,India
India, which imports 70 percent of the fuel it consumes, raised retail fuel prices last month. A multitude of central and state taxes keep retail prices ...

Chidambaram Says Debt Waiver to Be Funded by Taxes (Update1)
Bloomberg - USA
By Kartik Goyal March 14 (Bloomberg) -- India will fund the country's $15 billion farm debt waiver program from the money it gets from tax collections and ...

Darling fails to deliver
ComputerWeekly.com - UK
Without them, the UK faces a struggle to compete with the highly trained IT professionals in places such as India, where tax breaks for training are taken ...

India likely to meet FY08 revised tax target
Reuters India - Mumbai,India
NEW DELHI (Reuters) - India is likely to meet a revised tax collection target of 5.83 trillion rupees for 2007/08 going by current trends, a junior finance ...

Indian exchanges hopeful on commodity tax reversal
Futures Options Week - London,UK
Two of India's largest exchanges believe that the commodity tax unveiled by the Indian government earlier this month could be reversed. ...

India Information Technology News 16th March 2008

India can lead the world in climate change solution: Al Gore
Hindu - Chennai,India
"India has proven its capability in sectors like Information Technology and can be a leader in the world in developing new renewable technologies to combat ...

ACS Bags 7-Year, $41 Million, IT Services Contract with Parkland ...
HealthNEWS. Direct! - Bangalore,Karnataka,India
Currently, the company operates 11 data centers in the US and 24 worldwide centers built around the Information Technology Infrastructure Library (ITIL) ISO ...

10 reported dead in Tibet rioting
Los Angeles Times - CA,USA
The government wants to control its public image but faces challenges presented by modern technology. As a result of the protests, blogs lighted up with ...

Demand for governance, risk and compliance products
Sify - Chennai,Tamil Nadu,India
Manoj Sethi, Vice-President, commercial and information technology, Subros, a car- air conditioning manufacturer, said access control ensures an employee ...

India losing its status as world's top outsourcing hub
Bangkok Post - Thailand
... Morocco and eastern European nations such as Hungary emerging as the sought-after locations by information technology (IT) services providers, ...

Locking Down Tibet
Newsweek - USA
Beijing plans to have runners bring the Olympic flame to the top of Mt. Everest in Tibet - using special technology to keep the fire burning at such high ...

'India-Africa conclave to discuss projects worth over 10 billion ...
Newindpress - Chennai,Tamil Nadu,India
... information technology, hotels, mining and telecom. Sanjay Kirloskar, Co-chairman, CII Africa Committee, highlighted India's potential role in providing ...

India Denies It Has Plans to Pull the Plug on Blackberry Service
New York Times Blogs - New York,NY,USA
In recent weeks, India's Ministry of Communications and Information Technology has also asked local internet service providers to lower the encryption that ...

What will happen when the two most populous nations on Earth join ...
Seed Magazine - New York,NY,USA
... and India are focusing heavily on scientific investment—China in areas like stem cell research and nanoscience and India in information technology. ...

Microsoft & PwC launch security handbook for fin sector
Moneycontrol.com (press release) - Mumbai,Maharashtra,India
Existing Reserve Bank of India guidelines deem it necessary for organizations in the banking and financial sector to carry out annual Information Systems ...

Fun News, Odd News 16 March 2008

'Funny Games': Disturbing drama
Toronto Star - Ontario, Canada
Fred and Betsy barely acknowledge their friends, which is odd. Perhaps they're preoccupied with the two young visitors they have with them. ...

Doughty Blends Fun, Compassion At Pearl Street
Hartford Courant - United States
Much to the crowd's delight, Doughty had fun playing some odd vocal samples on "More Bacon Than the Pan Can Handle," a song that is out of place on "Golden ...

SEC's odd brand of madness
Charleston Post Courier - Charleston,SC,USA
Yes, the Gamecocks bonded Wednesday with a fun trip to a local alley. Mike Holmes, a freshman forward from Bishopville, confirmed he was "the second-worst ...

Volunteers have big fun helping Big Trees
Calaveras Enterprise (subscription) - San Andreas,CA,USA
It was just one more of a diversity of odd jobs that volunteers have taken on at the park, where staff shortages have a way of leaving loose ends that never ...

Art is . . . in spirit of Duchamp
Los Angeles Times - CA,USA
And a suite of four drawings makes odd bedfellows of Henri Matisse and John Currin, leveling the differences between unrelated artists by making their works ...

The role of a film festival
Economic Times - Gurgaon,Haryana,India
Of course, there was the odd film on whose selection you raise an eyebrow. But potluck is the charm and fun of festivals. Just sitting in the dark and ...

Inside the EA magic factory
Vancouver Sun - British Columbia, Canada
If something is not authentic, it will show up and look odd. "Probably every other year, we rent an ice rink," explained Pierce. ...

India insurance News 16 March 2008

E-stamping system to cover whole state
Business Standard - Mumbai,Maharashtra,India
SHCIL is jointly promoted by Industrial Development Bank of India (IDBI), Life Insurance Corporation of India (LIC), Unit Trust of India (
UTI), ...

Strong Economy Kick Start the Brazil Insurance Market, Says RNCOS
InvestorIdeas.com (press release) - Point Roberts,WA,USA
Ltd (SANYO), one of the world's largest manufacturers of consumer electronics and commercial equipment, reaffirmed its active participation in the Indian ...

India approves Essar, Teikoku investment plans
Reuters - USA
Paris-based Societe Beaujon plans a 1.91 billion rupees investment in an insurance company in India, the ministry said. ($1=40.4 rupees) (Reporting by ...

India might be losing USD 40 bn to employee frauds: Survey
Times of India - India
Banking sector is the one which is most affected by employee frauds, accounting for 20-24 per cent followed by Insurance sector (around 16 per cent), ...

Aviva & BASIX launch Sangh Samruddhi
Moneycontrol(press release) - Mumbai,Maharashtra,India
Speaking on the occasion, Mr. Bert Paterson, Managing Director & CEO, Aviva Life Insurance, India said, "Aviva is committed to the long-term partnership and ...

ICICI Prudential Life launches RICH fund
Business Standard - Mumbai,Maharashtra,India
ICICI Prudential Life Insurance has launched RICH fund that will invest in four categories -- resources, investments, consumption, and human capital. ...

 

Indian Mutual Funds News 16 March 2008

AMFI moves Sebi against RICH fund commercial
Business Standard - Mumbai,Maharashtra,India
Based on the complaints from mutual funds, the Association of Mutual Funds in India (AMFI) has taken up the matter with both the Securities and Exchange ...

United Bank to tie up with Kotak Mahindra
Sify - Chennai,Tamil Nadu,India
Kolkata: United Bank of India is tying up with Kotak Mahindra to sell mutual funds. UBI currently has tie-ups with five asset management companies, ...

Really Hot News 16th March 2008

Christina's post-pregnancy curves make her Sexy

Newindpress - Chennai,Tamil Nadu,India
LONDON: Christina Aguilera's post-pregnancy body hasn't made her less sexy instead she's become sexier than ever. The proof - she's shot up FHM's Sexiest ...

Looking Sexy 24/7: Spring Break Style
Daily Colonial - Washington,DC,USA
No one looks sexy when they have eyeliner dripping down the sides of their sun burnt faces. The challenge of looking glamorous all the time is no easy feat, ...

PETA's Sexy Lettuce Ladies Ask Athens to 'Go Green, Go Vegetarian ...
PETA (press release) - Norfolk,VA,USA
Athens, Ga. - Wearing nothing but strategically placed lettuce leaves and holding signs that read, "Go Green, Go Vegan," a pair of PETA's lovely Lettuce ...

The Flux Capacitor 3.14.08: Week 25 - Spock, Servo and Sexy Young ...
411mania.com - Sugar Land,TX,USA
The conclusion of our look at the character archetypes of science fiction takes in sci-fi sidekicks. Plus, all the latest from the world of SF. ...

William Baldwin talks Dirty Sexy Money, the hit US show now on C4
Times Online - UK
In Dirty Sexy Money, one of the biggest hits of the US TV year, he plays Patrick Darling, a married politico with a penchant for transsexuals. ...

Spelling Wants To Be a Sexy Mom In '90210' Spinoff
San Francisco Chronicle - CA, USA
Tori Spelling is desperate to land a starring role in the planned "Beverly Hills, 90210" spin-off series 00 playing a sexy mom. ...

Perozzi heavy underdog against 'Sexy Assassin'
Bermuda Sun - Bermuda
Formidable Ragosina, nicknamed by some in the European press as "the Sexy Assassin" has a 16-0 record with 11 knockouts and is a huge star in her adopted ...

PETA's Sexy Lettuce Ladies Ask Macon to 'Go Green, Go Vegan' for ...
PETA (press release) - Norfolk,VA,USA
Macon, Ga. - Wearing nothing but strategically placed lettuce leaves and holding signs that read, "Go Green, Go Vegan," a pair of PETA's lovely Lettuce ...

Sydney: Bringing sexy back
New Zealand Herald - New Zealand
But, for me, the idea of a five-star hotel room with a big bed and crisp white linen puts me in a sexy mood immediately. We check in mid-afternoon and head ...

Stimulated by 'Dirty Sexy Money'?
Zap2it.com - USA
Calling all LA-based followers of ABC's Dirty Sexy Money. Enter for a chance to win tickets to the Money session at PaleyFest on Tuesday, March 25 at the ...


Personal Finance News 16th March 2008

NPAs are as bad as subprime loans
Economic Times - Gurgaon,Haryana,India
The finance minister's enunciation of the basic economics of loan recovery is on par with the tactics adopted in the US to resolve the subprime lending ...

Personal Loans: A Better Way To Live Your Dreams
Best Syndication - Pinon Hills,CA,USA
Considering your problem, your friend suggested you to take a personal loan from any of the bank or finance institution. You went to a bank and borrowed a ...

A Matter of Economics
Organiser - New Delhi,India
If the Finance Minister's claim of Rs. 60000 crore loan waiver is taken at its face value then, according to official estimate, cooperative banks account ...

Industrial sector credits by banks marks 25.3% growth
Financial Express - Bombay,India
Citing Reserve Bank of India data, Bansal said credit to agriculture sector was 21.4%, while that to services sector was 20.8%. Personal loans accounted for ...

 

Indian Markets & Investments 16th March 2008

Money's best put in multiple baskets
Sify - Chennai,Tamil Nadu,India
Contrary to the usual perception, investment in art is quite a profitable option today with the Indian art market multiplying many folds over the last few ...

Spice up your Portfolio – Invest in India
nebusiness.co.uk - UK
There are some excellent Indian funds you can invest in right now. Don't forget India is an emerging market and this sort of investment should be viewed as ...

A strong growth story
Bangkok Post - Thailand
The Indian property market has soared to giddy heights since 2005 when the country opened its doors to foreign direct investment for the first time. ...

Pvt equity deals on the rocks after market slump
Hindustan Times - India
Apparently hit by poor market sentiment, India has seen at least 14 major private equity deals fall through in the last three months with three big ones ...

No fresh disclosure clauses for investment through PNs: govt
Financial Express - Bombay,India
New Delhi, Mar 14 The government has ruled out any further tightening of disclosure norms to specifically identify investors investing in the Indian market ...

Indian Markets News 16 March 2008

Kashmir-made transformers make entry in Indian markets, eye ...
GreaterKashmir.com (press release) - Srinagar,Jammu and Kashmir,India
Experts said Alba's heavy-duty transformers are approved for supply to anywhere in India as they "adhere to national quality standards". ...

Short covering helps market buck Asian trend
Business Standard - Mumbai,Maharashtra,India
Bucking the bearish trend in the Asian markets on Friday, Indian markets rallied on the back of short covering in most counters that got battered in ...

Indian Telecom Operators Negotiate Blackberry Usage
Wall Street Journal - USA
In up to 10 years, "India will clearly be among the top five markets" as measured by the number of users, he said. It is already one of the world's largest ...

Indian markets recover by over 2.6 per cent
Earthtimes - London,UK
New Delhi - Indian market indices rose by over 2.6 per cent Friday, bolstered by buying of fundamentally strong shares now at a lower level largely in the ...

India at greater risk than other EMs: Naissance Cap
Moneycontrol.com - Mumbai,India
Q: How are you approaching the Indian market right now against the other emerging market pack and what do you make of this oversold zone that we are trading ...

Market Likely To Consolidate At Current Levels - Indian Commentary []
RTT News - Williamsville,NY,USA
3/14/2008 12:23:35 AM Friday, Indian market is likely to consolidate at current levels, tracking mixed cues from global peers. Some degree of support might ...

Sensex slips 770 pts despite Fed booster
Business Standard - Mumbai,Maharashtra,India
Since its January peak, Indian markets have shed Rs 23,54060 crore of market wealth. All Asian markets fell after the Federal Reserve's $200 billion loan in ...


Indian Investments News 16 March 2008

Promethean picks up minor stake in EIH
Economic Times - Gurgaon,Haryana,India
Last month Promethean disclosed that it had picked a minority stake in a hospitality project in India with an investment of £7.4 million or about Rs 60 ...

EDC makes its largest equity investment in Indian infrastructure fund
Canada NewsWire (press release) - Toronto,Ontario,Canada
... its largest single equity investment to date, in the proposed USD 1 billion infrastructure fund in India to provide Canadian companies with new ...

GLG Explores Private Equity In China, India
FINalternatives - New York,NY,USA
"Origo owns an interesting portfolio of proprietary investments primarily in China and India and has an exciting pipeline of investment opportunities in ...

India's Titagarh Wagons to raise 1.29-1.45 bln rupees through IPO
CNNMoney.com - USA
14, 2008 (Thomson Financial delivered by Newstex) -- India-based railway wagon and heavy equipment manufacturer Titagarh Wagons said it plans to raise ...

Belgium wants India to expedite Double Taxation Avoidance Treaty
Economic Times - Gurgaon,Haryana,India
Last year, Belgium received about one billion euro worth of investments, Belgium Ambassador Jean M Deboutte said at a seminar of the South Indian Chamber of ...

Commodities—A must for your portfolio
NDTV.com - New Delhi,India
Therefore, low or negative correlation with your usual investments in stocks and bonds means that investment in commodities is a real portfolio diversifier, ...

Tata fund: A global infrastructure play, all over again
Sify - Chennai,Tamil Nadu,India
... any fund that invests less than 65 per cent in 'Indian equities' will not be considered an equity fund. In other words, investments in Plan A will be ...

ABN AMRO to open Indian infrastructure fund
IJ Online - London,UK
A company source confirmed the bank's intention to IJ News, but would not comment on reports that the fund will be open ended and include investments in ...