U.S. home foreclosures are up 90% in Jan 2008. Defaults among subprime borrowers and those unable to meet rising payments on adjustable-rate loans drove ...
Economic Times proves that Statistics is like a bikini: it hides more than it reveals. Dhoni, they say, gets paid more than Mukesh Ambani. The chief executive ...
SEBI recommends that all public companies should have a face value of Rs. 1 per share. (From DNA India) In the first phase, said the primary market advisory ...
The Markit ABX indices, which are based on asset backed securities, are trading at new lows. This is the graph for the ABX based on loans (rated AAA!) made in ...
Economic Times: Internet-based trading turnover of NSE falls. Turnover from internet-based trading at the National Stock Exchange (NSE) plunged to a daily ...
It seems that ICICI bank has sold some of its non-performing loans to Arcil. Rajiv Sabharwal, head of retail assets at ICICI Bank confirmed that ICICI Bank had ...
The US madness is poised to hit us very soon. Note that I say poised to hit us – it has not quite hit us, and it has not quite hit America either. This ...
So it seems like the view on the street is that the Nifty and Sensex have been pounded down and are now at very attractive levels to buy, and perhaps some of ...
Now I’m getting off the soap box to tell you what I did. I drove from Bangalore to Mumbai, where I am today. I drove on Friday the 19th, and on the way, ...