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Archive for the 'Business And Finance' Category.
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Rupee posts biggest 1-day fall since Feb ‘96

Thursday, November 13th, 2008

The rupee posted its biggest single-day fall in more than 12 years on Wednesday, hit by rising outflows from the local share market and heavy dollar demand from state-run banks to meet commercial operations.The partially convertible rupee ended at 49.30/32 per dollar, 2.4 percent weaker than Tuesday’s close of 48.1250/1400. On Oct. 27, it fell […]

Understanding Easy Seating

Tuesday, November 4th, 2008

You don’t need to spend a lot of money to seat a lot of people. You just need to use your head and do what you need to do to have all the seating that you could possibly want. This means that you will need to properly use stack chairs to get the job done.
Stack […]

How to find the right Label for your Mailing Needs

Saturday, October 25th, 2008

When it comes to mailing or bulk mailing it has always been a tough job to handle, especially the labeling part. If only if you have an easy way to do it, you will mostly end up in getting it wrong. Hence it is suggested to for a readymade label brands like Avery […]

Indian property developers woo Gulf expats amid financial crisis

Thursday, October 23rd, 2008

With property prices and rents spiralling in the Gulf and the rupee depreciating, Indian real estate developers are actively promoting their products among expatriate Indians in the Gulf.

“Because of spiralling rentals in Dubai and elsewhere in the region, Indians working here prefer to keep their families back home,” Haseeb Ahamed, chairman of the Calicut chapter […]

Government urged to take steps against fall of rupee

Wednesday, October 22nd, 2008

The central government should not allow the rupee to fall further and go below the level it has reached now, a top official of a Delhi-based economic think-tank, said here Tuesday.

“The government should take indirect measures to arrest further fall (of rupee),” Rajiv Kumar, director and chief executive of the Indian Council of Research in […]

India First

Tuesday, October 21st, 2008

Earlier this year, Maruti Suzuki India announced that Suzuki Motors’ next world car would come from its Indian venture at Gurgaon, a New Delhi suburb. Shinzo Nakanishi, who took over as managing director from Jagdish Khattar in December last year, said that to begin with, the company plans to export 1 lakh units of the […]

Sensex recovers from early losses on FM’s comments

Sunday, October 12th, 2008

The benchmark Sensex by midsession partially recovered to trade at 10,726.06 points, still lower by over 600 points, after suffering massive losses in early trade on reports of inflation declining and the Finance Minister P Chidambaram’s soothing comments. The Bombay Stock Exchange bellwether index, which tumbled by nearly 1,088 points in the opening session, recovered […]

Buy Tiger, sell Dolphins on new sports stock market

Saturday, October 11th, 2008

Michael Sroka dreamed up a day-trading website for sports fans while still in high school, and the concept will finally come to fruition with the launch of OneSeason.com.
The website, scheduled to debut on Wednesday, offers U.S. fans the chance to buy shares in such athletes as basketball star LeBron James and golfer Tiger Woods. The […]

Confident IBM Previews Earnings To Calm Wall Street

Friday, October 10th, 2008

At a time when consumers are worried about the nation’s economy, IBM wants everyone to know it is financially sound. The Armonk, NY-based company released a preview of its earnings Wednesday, a week before its scheduled earnings announcement on Oct. 16, and said it remains confident in its financial outlook for the year.
Analysts say the […]

Hypermarkets to mushroom in Tier I, II cities by 2011: Study

Wednesday, September 24th, 2008

With organised retail in India growing at 20 per cent per annum, about 315 hypermarkets are likely to come up in Tier I and II cities by 2011, a study has said.
“Organised retail is growing at 20 per cent annually and encouraging mall-building activities at a phenomenal rate. This would lead to setting up of […]