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Sify.com - Finance
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ArcelorMittal, RIL in WSJ's respected companies list
PepsiCo, headed by India-born Indra Nooyi, is the ninth most respected company in the world, NRI Lakshmi Mittal led ArcelorMittal is ranked 60th and Reliance Industries, India's largest corporate, makes it at No. 83 in the Wall Street Journal's respectability ranking of the world's 100 largest publicly traded companies.
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Playwin targeting Rs 5000 cr turnover
The Essel Group-promoted gaming company Playwin Games is hopeful of generating a turnover of around Rs 5000 crore ($1.16 billion) this fiscal, a top official said here on Saturday.
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US slowdown won't trouble IT: Narayana Murthy
India's multi-billion IT sector would continue to fare well despite a slowdown in the US economy, Infosys Chief Mentor N R Narayana Murthy said today.
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Price control steps not to hurt growth: PM
Prime Minister Manmohan Singh today said inflation and its control have become a major concern with steep hike in global oil and commodity prices but the government is ensuring that the growth is not hurt by the steps taken to moderate the rising prices.
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Weekly Wrap: Global factors dictate trend
Recording losses on three of the four trading sessions last week (September 2 - 6, 2008) - the market remained closed on Wednesday on account of Ganesh Cathurthi - amid high volatility, the Sensex ended with a modest loss of 80.70 points or 0.55% at 14,483.83 on Friday. The Nifty declined marginally (by 7.70 points) to 4352.30.
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Reddy says policy’d have been tighter were he left alone
“If I had my way, it would have been tighter... as simple as that,” said Yaga Venugopal Reddy about monetary policy, hours after demitting office of Reserve Bank of India governor.
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Apex court bats for SEZs, IT parks
Tata Motors may be thinking of relocating its Nano plant out of Singur because of continuous protests but a Supreme Court ruling on Friday may give it some hope.
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Relevance of RBI currency report denuded by delay
To the present breed of economists and commentators on economic affairs, the inordinate delay in the issue of the Report on Currency & Finance (C&F) may well be the case of much ado about nothing.
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RBI report defends policy on foreign banks
The Report on Currency and Finance released by the Reserve Bank of India makes a powerful case of defending the RBI’s policy with regard to foreign banks.
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‘Managing inflation is foremost challenge’
Both mother nature and the Mumbai press ensured that Dr D. Subbarao, the new Governor of Reserve Bank of India, got a ‘thunderous’ welcome as he assumed charge today, signing the 60-year old ceremonial scroll at the RBI, as its 22nd Governor.
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