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Submitted by iwebslog on Thu, 12/31/2009 - 06:10

India Inc looks within for buyout deals in 2009

The global economic slowdown forced corporate India to look largely within the country for merger and acquisitions in 2009 


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Submitted by iwebslog on Thu, 12/31/2009 - 06:10

13th Finance Commission submits report to President

The 13th Finance Commission on Wednesday submitted its report to President Pratibha Patil on devolution of central tax receipts between the Union and the state governments. 


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Submitted by iwebslog on Thu, 12/31/2009 - 06:10

Nepal, China to enhance economic cooperation

Nepal and China have agreed to enhance bilateral economic cooperation, including in development of hydropower sector in this country, with Beijing pledging to increase its annual financial assistance to over Rs one billion from Rs 684 million 


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Submitted by iwebslog on Thu, 12/31/2009 - 06:10

Japan seeks 3% growth through 2020 in key areas

The Japanese government unveiled today a basic policy for its growth strategy through 2020, aiming to achieve an average economic growth of 3 per cent in nominal terms. 


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Submitted by iwebslog on Thu, 12/31/2009 - 06:10

Indra Nooyi faces flak for falling PepsiCo shares

Pepsico Chief Indra Nooyi is facing flak as company's shares have reportedly fallen by 7 per cent while Coke's share surged by 28 per cent since she took over 


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Submitted by iwebslog on Thu, 12/31/2009 - 06:10

India to discuss widening trade gap with China

India will take up the widening trade deficit to over USD 20 billion with China when the commerce ministers of the two countries meet in Beijing on January 19. 


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Submitted by iwebslog on Thu, 12/31/2009 - 00:45

A turbulent year for India Inc

The year saw India's biggest corporate fraud, falling earnings, stock market crash, job losses and soaring food prices which hit the common man
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Submitted by iwebslog on Thu, 12/31/2009 - 00:45

CEOs sacked left and right in US

The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup's India-born chief Vikram Pandit continues to steer the once financial colossus out of its biggest ever crisis.
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Submitted by iwebslog on Thu, 12/31/2009 - 00:45

With Left out of the way, divestment is back!

Divestment of public sector companies gathered steam in the first year of UPA-II that saw two PSUs-- Oil India and NHPC-- raising around Rs 8,600 crore (Rs 86 billion) from IPOs and the way was cleared for divestment in three more state-run power companies in the new year.
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Submitted by iwebslog on Thu, 12/31/2009 - 00:45

Of affordable housing and low-interest home loans

Wiser from last year's free-fall, realty firms discovered a new mantra in 'affordable housing' and found help from banks who offered low interest home loans to build their businesses in 2009.
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