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 ...