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Nov 07, 2009
 
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  Freddie Mac loses $63B in 3Q (07 November 03:35)
The McLean, Virginia-based mortgage finance company has received about $51 billion since it was seized by federal regulators in 2008, but avoided tapping the govt for more aid for the second...
  US grieves after doctor kills 13 on army base (07 November 03:21)
Alleged shooter Major Nidal Malik Hasan, 39, is a psychiatrist and specialist in combat stress who had been about to deploy to Afghanistan against his wishes
  Japan promises aid partnership with Mekong region (07 November 02:27)
Japanese Prime Minister said the meeting was partly in response to “changing international situations,” including China’s growing influence as well as the greater interest the US has e...
  Allcargo plans warehouse network to boost business (07 November 12:30)
The takeover of ECU, which had five times the acquirer’s revenue in 2006, for 23 million euros, made Allcargo the world’s No. 2 LCL firm, after OTS Logistics Group of the US
  LT offers to sell Bial stake at Rs108 a share 10-fold return (06 November 11:46)
The Bangalore airport, the third busiest in the country, has been valued at more than $1 billion (Rs4,680 crore) within 18 months of opening. It handled 8.7 million passengers in its first y...
  Cautious optimism on placements at IIM-B (06 November 11:36)
The institute expects at least 150 companies to visit the campus
  Markets Tata Power to raise $300 mn selling bonds (06 November 10:58)
The bonds will carry a coupon of 1-1.75% and are convertible at 10% over the 5 November closing price of its shares on the National Stock Exchange
  There is nothing unhealthy about beverages (06 November 10:56)
From changes in the management to fresh investments, launching new brands, president and chief executive officer of Coca-Cola India Atul Singh has dealt with them all
  Legal Mayawati moves SC in Taj corridor case (06 November 10:54)
The matter would be taken up by the court for hearing on 16 November
  Exports Iron ore exports almost double in September (06 November 10:51)
Sales increased to 6.3 million tonnes (mt) from 3.33 mt a year ago, the Federation of Indian Mineral Industries said in an emailed reply to a query
  Banking SBI PNB cut deposit rates by 025-050 (06 November 10:48)
The bank has also extended its low-interest rate home loan facility till March
  Theres a long-term case for non-dollar assets (06 November 10:48)
Foreign exchange commentator A.V. Rajwade speaks about where the dollar is headed
  Karnataka crisis stalemate continues Yeddyurappa blinks (06 November 10:44)
Rebel BJP leader in the state and Karnataka tourism minister G. Janardhana Reddy, flew from New Delhi to Hyderabad, where his supporters are camping, without meeting the chief minister
  Vodafone Essar faces tax hurdle in tower case (06 November 10:43)
The tax department is learnt to have filed the objection only at the Delhi high court, even as the proposed scheme of demerger with respect to Indus Towers is being considered at other high ...
  Sonia Gandhi asks Hooda to rework list of ministers (06 November 10:43)
The Congress leader said Gandhi was upset with the first list as Hooda had not included few people whom the Congress head wanted as ministers
  Private airlines increase fuel surcharge (06 November 10:43)
Jet Airways (India) Ltd, Kingfisher Airlines Ltd, and GoAirlines India Pvt. Ltd announced the new charges on Friday, apparently in a bid to make the most of the peak tourism season that last...
  Sex=happiness=economic growth (06 November 10:41)
Samuelson’s introductory text book on economics used to have a neat little formula: Happiness= Economic well-being/Material desire
  Ministry seeks Rs11853 cr oil bonds for fuel retailers (06 November 10:38)
The government has to issue oil bonds worth Rs7,136 crore to IOC, Rs2,443 crore to HPCL and Rs2,274 crore to BPCL
  GM Ford parts supplies to resume as Rico strike ends (06 November 10:31)
GM and Ford temporarily shut factories because of the shortage of components, even as they strive to boost sales amid the worst global recession since the 1930s
  VISA Steel looking to invest in mineral reserves overseas (06 November 10:15)
Entrepreneurs such as VISA Steel’s Vishambhar Saran represent a generation of businessmen looking to be lifted by the country’s growth surge
  Dharni seeks to create a holding firm in Singapore (06 November 10:13)
Bajla’s Dharni Sampada Ltd owns four manganese mines in Ivory Coast, six blocks of uranium mines across 3,000 sq. km in Niger and two tantalite mines in Sierra Leone, another conflict-ridd...
  The Week in review for 6 Nov 2009 (06 November 09:37)
RBI buying 200 tonnes of gold; Government announces big push for PSU divestment; GVK buys stake in Bangalore airport
  When the good guy wins (06 November 09:16)
Ranbir Kapoor is in top form as a good-hearted hero; and Madhur Bhandakar is faux-serious yet again
  Telly connect (06 November 09:15)
The new Tata Sky ad is definitely more fun than the last few with actor Gul Panag, says Ashish Patil, general manager and senior vice-president, content and creative, MTV India
  Only if it suits you (06 November 09:12)
A meeting can spark a thousand ideas
  A Chadar for winter (06 November 09:02)
If you need someone to hold your hand, adventure travel outfitter X-treme X-on has drawn up a 15-day schedule that takes you via Bakula Bawo, Yokmado, Nyerak, and the Lingshed monastery to t...
  Mould is gold (06 November 09:02)
In Auroville, Sri Aurobindo’s ‘universal town’, world cheeses find a home for rebirth
  High up and down under (06 November 09:01)
Forge your own trail high up in the hills, and explore Oz on a light pocket
  Queensland on a shoestring (06 November 09:01)
There’s no dearth of destinations. Pick up the Five-in-One discount card for Brisbane to access five of the city’s top attractions
  Move to monthly inflation data will ease volatility Pronab Sen (06 November 08:59)
Shift to monthly WPI data removes market volatility factor; quarterly employment survey under consideration; July-Sept quarter GDP subject to unpredictable farm sector
  A tight squeeze (06 November 08:59)
Leggings are the new chic wardrobe essential. Other variations: treggings (trousers + leggings) and jeggings (jeans + leggings)
  Hidden and ponderous (06 November 08:56)
India’s first ‘hidden object’ video game doesn’t make the cut just yet
  First Person The yellow diaries (06 November 08:42)
Actor and model Lisa Ray chronicles her journey through cancer and its lessons in a blog
  The wandering chef (06 November 08:42)
The Israeli creative chef of Zenzi on the kitchens of Paris, Serbia and Mumbai
  Lounge review Brown Sahib MGF Mall Saket New Delhi (06 November 08:42)
Brown Sahib is a plush 44-cover restaurant where antiques dot the shelves and the servers are clad in kurtas and traditional Bengali-style flared dhotis
  Remains of the day (06 November 08:40)
Leftover kebabs, sausages and some fresh vegetables make for a light, hearty Sunday meal
  Monthly WPI data to ease volatility (06 November 06:24)
Shift to monthly WPI data removes market volatility factor; quarterly employment survey under consideration; July-Sept quarter GDP subject to unpredictable farm sector
  BSNL not to call new bids for GSM order (06 November 04:43)
BSNL chairman Kuldeep Goyal said the firm had ordered 8 mn 2G GSM lines from Chinese network-gear maker Huawei
  4 Indians among 20 charged in largest hedge fund scam (06 November 04:03)
The people charged included hedge fund managers and trading firm executives, lawyers and corporate insiders, the prosecutor and FBI officer said
  Tata to extend affordable housing project to more cities (06 November 03:05)
Tata Group chairman Ratan Tata said the company’s affordable housing projects in Mumbai had evinced keen interest from all parts of the country
  Rico Auto strike ends 8 suspended workers to be taken back (06 November 02:06)
The workers went on strike from 17 September demanding, among other things, hike in salary and recognition of their union
  European stocks rise in early trade jobs data eyed (06 November 01:33)
The European benchmark is up more than 53% from its lifetime low of 9 March, as investors have become more confident on the prospects for economic recovery
  Foreign exchange earning from tourism rises 3 (06 November 12:57)
The foreign tourist arrivals during September 2009 was 3.17 lakh, which is 4.1% less compared to 3.31 lakh during the same month last year
  Two nabbed in Pak following Headleys arrest Chidambaram (06 November 11:47)
There is an obvious Pakistan link to David Coleman Headley and Tahawwur Hussain Rana nabbed by the FBI, home minister P Chidambaram said
  WatchListen Mint in Multimedia 6 Nov (06 November 11:27)
Watch the round up of the days news, a tech video that tells you how to use an online instant messenger client that is loaded with goodies, a slideshow of Wipro’s non-IT acquisitions. List...
  Global unemployment up despite economic recovery (06 November 10:59)
The upturns in many countries recorded have been largely driven by temporary factors such as industry restocking, stimulus programs
  Overseas students hit by Australia college closure (06 November 10:08)
Global Campus Management Group, which owns four private colleges in Sydney and Melbourne, was placed into voluntary administration on Thursday
  14 charged in insider trading probe (06 November 09:48)
Besides hedge fund managers, lawyers and corporate insiders, the newly charged persons included former employee of Moody’s Investor Service Deep Shah, the FBI said
  Wall Street rallies on encouraging economic data Cisco (06 November 08:50)
Non-farm productivity rises at fastest pace in 6 years; jobless claims drop to 10-month low; Oct payrolls Friday; Cisco results lift tech stocks; Dow up 2.1%, S&P up 1.9%, Nasdaq up 2.4%
  Buoyant markets augur well for brokerages (06 November 12:51)
The good news for investors is that brokerages are focusing on value rather than volumes
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