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Panic selling hits banks, ICICI crashes (24339) |
| Two days after Lehman Brothers filed for bankruptcy, panic spilled over into the Indian banking sector, with shares of ICICI Bank leading the fall in banking shares. |
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India’s dollar dreams in peril (21140) |
| India’s exports face an uncertain future in wake of a persistently rising rupee and an uncertain world economic environment, reports Gaurav Choudhury. |
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Rupee hits new low, Govt on edge (19075) |
| Hemmed in by an unprecedented liquidity crunch, poor credit availability, falling rupee and low business confidence, authorities are grappling to trash out the appropriate policy matrix in a... |
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Two brothers make $ 4 billion in 20 minutes (18774) |
| Riding a booming economy, infrastructure developers Adani brothers’ wealth jumped by $8 bn on Tuesday, reports MC Vaijayanthi. |
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‘Rs 50,000 per month is falling short now’ (17498) |
| Amit Shah, a businessman from Mumbai, is not hard-pressed to make ends meet, yet but feels the pressure as expenses - both at home and in office - have shot up. Devraj Uchil reports. See gra... |
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TCS plans more lay-offs (16326) |
| Tata Consultancy Services is planning to lay off more people and discourage employees from staying more than two months on any of its benches at its centres. |
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Lehman crisis may pull down property prices (13489) |
| Real estate prices are expected to soften further as the current global financial turmoil would force cash-starved builders to offer hefty discounts. |
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Rupee slides to 18-month low against dollar (13232) |
| The Indian rupee hit an 18-month low shedding 49 paise to a dollar to breach the Rs 44-mark for the first time since March last year. |
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Mother of all IPOs coming (13220) |
| The proposed mega public listing of BSNL moves a step ahead with the Govt indicating a valuation of about Rs 2,00,000 crore for the state-owned telecom behemoth. A report by Samiran Saha and... |
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How the Rajus fooled the system (12355) |
| Government investigators probing the erstwhile Satyam Computer Services have found stunning details of how the promoters forged bank accounts, diverted funds and tracked operations. |
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