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General
Veritas-Indiabulls Fight: The Employee Welfare Trust
Veritas, the Canada based research company that dug out dangerous details about DLF and RCOM, has targeted IndiaBulls now, stating that Indiabulls has created ...
Economy
RBI Makes Payable-At-Par Cheques (Nearly) Mandatory
In a notification, RBI has mandated that Banks with core banking systems (that is, most banks) must offer cheques that will be payable at par (that is, not ...
Economy
June IIP Down -1.8%
The Index of Industrial Production (IIP) for Jun 2012 is down -1.81% from the previous year. The downtrend continues in the yearly growth numbers. Electricity, ...
Charts & Analysis
India's July PMI at 54.4, Marginally Lower
India’s July PMI (Purchasing Manager’s Index) dropped to 54.4, only marginally off the last month’s figure of 55.7. Anything above 50 is ...
Opinion
A Blunt Regulatory Knife
I write, at Yahoo: Imagine criminals that have sophisticated guns, satellite radios, bombs, strong armour, GPS trackers and fancy cars. And imagine someone has ...
General
OnMobile’s Fall From Grace: A CEO Greed Story
Forbes has an excellent article on what went wrong at OnMobile. It was a certain Mr. Arvind Rao, it seems. On November 23, 2010, Arvind Rao, the 53-year-old ...
General
Deccan Chronicle: Now, Fraud and Forgery
The Deccan Chronicle (DHCL) story isn’t just about a default, it seems. It has gone into the zone of fraud and deceit, if you go by an article in DNA. ...
Charts & Analysis
Nifty and Sensex Diverge in July 2012
The Nifty and Sensex seem to have gone in different directions in July, with the Nifty gaining 0.7% while the Sensex lost 1%. That’s because of different ...
Economy
RBI Macro Statement Shows Unlikely To Cut Rates
RBI released a macroeconomic and monetary development statement today. Significant is one piece in their "outlook". VII.23 Domestic growth declined ...
General