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IT caught in slowdown web

Players with strong cash flows will sustain the onslaught; others have to cut costs or borrow

Cheap oil: Dangerous for long-term

Low prices destabilize countries dependent on oil exports, making oil more volatile in future.

Column : We always overcome
Reliance Retail to lay off 900 in select departments
'Ugly' Q4s seen for major US banks
'Security industry to touch Rs 50,000 cr in 4 yrs'
Sensex ends flat, realty, banking gain

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Visitors take a look at a Mitsubishi Innovative Electric Vehicle (i MiEV) in Kuala Lumpur. AP
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POLITICS Column : We always overcome Deshmukh offers to resign; Shinde likely successor Sonia's remarks show Patil the door Sahara to pay martyrs' families 5 times salary for 10 yrs
BANKING & FINANCE Union Bank of India in pact with NCMSL Citi now cuts down severance package for staff SBI to hire 4,280 employees ‘HSBC to cut 500 jobs, Credit Suisse to lay off 650’
PRINT HEADLINES China's sovereign wealth fund loses $6 billion Centre hikes subvention for farm credit to 3% Rupee rises marginally Adequate insurance cover to repair Taj: Indian Hotels
AP BREAKING NEWS Stocks finish higher despite dismal economic data UAW to renegotiate labor terms, suspend jobs bank French power company in hunt for Constellation Fed: Economy darkens heading into holidays
Edits & Columns FE Editorial : Liquidity trap?
Economic recession is usually defined in
textbooks as two consecutive quarters of
declining output. By this definition, ...
- The Financial Express
Column : We always overcome
What do terrorists want? Whether they are
attacking Mumbai or London, Madrid or New
York, they want to shake our confidenc...
- Michael Walton
CORPORATES NEWS Rediff.com introduces new aggregator service GVK Biosciences strengthens focus on 'Development' services Standard Chartered Bank creates global reconciliation platform powered by SmartStream’s TLM Maximizer Mobile CRM now available in India for Nokia
Sensex 8747.43 8.19 
Nifty 2656.45 -1.35
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