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February 28, 2009

Oil cos cut ATF prices by 7%
Bank investment in SLR falls
Syntel looks to lay off employees
Shoppers Stop shuts 4 unprofitable stores
RBI prods banks to cut interest rates
Variable pay cut: Infy top brass to be most hit

February 27, 2009

Recession creates 50,000 police jobs in US
India may spend Rs 10,000 cr on elections!
PSU banks to keep a hawk's eye on NPAs
Crisis: An opportunity for companies
RBS puts India retail business on sale
TCS Rajarhat campus faces slowdown hurdle
Dell's net income dips 48%; may cut jobs
India's GDP slips to 5.3% in Q3

February 26, 2009

Global crisis: India to be least hit, says PM
No salary hike, job cuts likely: TCS
Shortage of housing in India? 24.71 mn only!
Obama wants countries to improve their regulatory standards
20,000 Indians return having lost jobs abroad
Kerala handloom industry in doldrums
Pending IT projects to pick up momentum
Subhiksha: Blame it on the directors, again
Of government's misdirected stimuli
'Emerging markets to recover fast'

February 25, 2009

It's RBI's turn to perk up economy: Moody's
Lifting of tax breaks reeks of protectionism, India Inc to US
Tax sops to cost Rs 30,000 cr: CPI-M
Investor focus shifting to debt from equity funds: Official
UPA: When expectations aren't managed
How Indian markets overcame challenge
Direct selling companies try to beat recession
Slowdown dents Gujarat mineral royalty growth

February 24, 2009

Govt announces tax cuts to boost economy
Recession: Worse yet to come?
Pune developers to pay EMI of laid-off clients
We'll take required action, RBI tells Pranab
Governor Bobby Jindal opposes Obama's stimulus bill
138 firms come out with flying colours
Global commodity-linked firms hit hard
What the slowdown numbers say
Foreign companies back out of big-ticket railway projects
One in every three companies reports net loss
Of global crisis and geo-political consequences
Where have all the savings gone?

February 23, 2009

Top 10 Indian firms lose Rs 630 billion in a week
3rd Citi bailout could cost Pandit his job
Merck arm to hire 300 in India
Ministry plans training centres for job-seekers
Apparel retailers may cut summer buys by 20%
Economy hotel players bullish amid slump
What's the outlook for Indian markets
Banks seek 150% collateral against loans

February 21, 2009

Obama announces major tax sops

February 20, 2009

India's fiscal deficit to be highest in the world: Goldman
Cut pay but don't sack workers: Pranab
Threat from debts hangs over India
Why the regulators must have a global 'risk map'
No bail out for airlines, FDI an option: Patel
Signs of protectionism by US 'worrying,' says India
Over 5 lakh jobs lost, admits Govt
India's GDP may grow 7.1% in '10: Tendulkar
NPA-wary credit card firms get tough

February 19, 2009

RBI may cut rates next week: Moody's arm
All steps to boost economy will be taken: Pranab
Auto slowdown hits Hosur units
Financial crisis: Regulators favour the wealthy

February 18, 2009

Exports: 1.09 lakh people lost jobs
Recession: Kerala's tourism sector hit
Don't worry about 'Buy American': Obama
Anil Ambani puts channel plans on hold
Obama signs $787 billion stimulus package

February 17, 2009

Tough times ahead for Infosys employees
Meltdown: Campus placement hit
India, China need more stimulus: Economist
Capgemini freezes onsite recruitment
Indian companies don't expect base salary fall in '09

February 16, 2009

Sapient lays off 300 staff

February 15, 2009

Financial crisis bigger threat than Al Qaeda, says US intelligence czar

February 14, 2009

UPA policies helped country survive meltdown: Sonia
Passage of $787 billion package a milestone: Obama
No replacement of laid-off staff by H-1B workers: US
Recovery of US economy to take years: Obama
US Congress okays $787 bn stimulus package

February 13, 2009

RBI to cut interest rate further: PNB
Grain output may be down too
Slowdown: Diesel, petrol consumption drop sharply
RBI panel to review diamond sector's woes

February 12, 2009

'India needs a Swadeshi development model'
Rajus' bail plea scheduled for Friday
Need to generate domestic demand to boost growth: Pranab
Slowdown puts breaks on interim dividend payouts
Economic crisis may last over 18 months: Murthy
Industrial growth shrinks by 2% in Dec
Inflation dips to 4.39%
Apollo Tyres to slash 1,500 jobs
Apparel retailers offer up to 80% discount
Citgroup CEO Vikram Pandit to take $ 1 salary
Bank credit shrinks by Rs 25,000 cr

February 11, 2009

Housing prices down 30% in 4 months: JLLM
Senate passes fiscal stimulus bill
Govt infuses Rs 3,800 cr in 3 banks
Coming soon: Capitalism 3.0
Sasken resorts to pay cut, fewer work days
Financial crisis claims 150,000 jobs in Maharashtra
We will respond to the crisis as it unfolds: RBI Governor
US Senate clears Obama's $829 billion stimulus package
Boeing bullish on India despite crisis

February 10, 2009

Govt committed to stop job losses: Nath
Govt to borrow additional Rs 46,000 cr to fund expenditure
Auto sales drop by 7.5% in Jan
Obama seeks to avoid 'catastrophe'
Obama vows to put US economy back on track
'India lacks the experience to handle downturns'

February 09, 2009

No bonus for UK bankers: Brown
RBI for restructuring of loans, says rates to fall
B-schools prod students to float ventures in weak job market
Slowdown, Satyam erode trust in business: Survey
Bad debts of state-owned banks under check

February 07, 2009

Recession: Best time to be an investor
Stimulus package for media industry soon
This crisis ain't going to disappear soon
2009 could be worse than Great Depression
Senate imposes strict conditions on H-1B hiring
GE chief warns on US depression threat

February 06, 2009

Mad pursuit of money starts to slow in India
Indian businesses forced to cut staff
No hope in sight yet for US economy
US desperately needs a recovery plan: Obama
More steps soon to boost economy: Pranab
IBM offers jobs in India to laid-off workers
Recovery plan vital to lift economic gloom: Obama

February 05, 2009

Govt hints at stimulus package in vote-on-account
59 employees opt to leave Mastek

February 03, 2009

Saudi Prince for cutting expatriate work force
Slowdown affects Gujarat hoarding biz
Rebuilding America's job machine
Buy American, says Obama. Will it work?
Realtors to cut rates
GMR Infra haggles to buy SA company for $100 mn
Funds flow to India Inc shrinks Rs 94,000 crore

February 02, 2009

Govt asks banks to lend more to labour intensive sectors
Post-crisis world: Davos highlights W Asia's role
Is deflation in India really possible?
Standard Life chief speaks on global slowdown
Economic crisis: No end in sight
Slowdown effect: IT-BT Park at Pantnagar shelved
Slowdown blues: Service tax collections dip 3.6% in Dec
Mahavitaran faces slowdown blues

January 31, 2009

Mega economic package for US on track: White House
Forex reserves shrink $4.5 billion
How to prime the sub-prime

January 30, 2009

Citibank comes under fire from Obama
Tough times ahead as US moves towards protectionism

January 29, 2009

Why this crisis could have been worse
54% Australians worried over job security
US House passes $819 bn stimulus package
Barack's burden

January 28, 2009

Global crisis to trigger more unemployment: ILO
Meltdown a chance to explore India: IT expert
Textile body seeks stimulus package, tax exemption

January 27, 2009

How to protect your portfolio from inflation
Senator seeks to ground Citi's $50-mn jet purchase
Corus axes 3,500 jobs
Meltdown impact: 6 hoteliers opt out of Games projects
Slowdown ahead, signals RBI

January 24, 2009

Obama may sign stimulus package by Feb
India facing slowdown, not recession: Chidambaram

January 23, 2009

'Financial crisis originated in advanced economies'
Britain in recession, says official data
Global changes to pull GDP down to 7.1%: PM panel
Obama seeks daily briefing on economy
Sale-leaseback: <I>NYT</I> in talks with W P Carey
Stock markets would stabilise by mid '10: IndBank chief
How the American housing dream went bust
The missing link of 'risk-taking'

January 22, 2009

Women to take brunt of job losses in UK
Top UK-based Asian weekly sold to rival
IT job creation slips by 46%: Assocham
'The gloom and doom scenario is overdone in India'
Lower tax mop-up: States want CST rate to stay
Economic crisis to aid leading IT firms
2008: Steepest fall for equities
Slowdown blues for FMCG companies
No downturn for India's nuclear power plan

January 21, 2009

Low occupancy, less footfalls add to hotel biz woes
India's gold import dips by 47% to 402 tonnes
Bose Corporation to shed 1,000 workers
Tata Motors' cash flow may fall by Rs 500 cr
DLF to recast business, may shed staff
Innovation in the time of slowdown
Financial crisis would affect jobs in Australia: Rudd

January 20, 2009

Fiat likely to buy stake in Chrysler
No more tax sops in 2008-09: Montek
Bush leaves office with 'worst job growth rate since WWII'
Retailers plan to step up discounts as sales slow
Why recession insurance will work
Should the RBI cut rates again?

January 19, 2009

Home prices crash to half on Laxmi Mittal street
CMIE pegs India's growth at 7.4%
Pressure on liquidity likely in Q4: CMIE
Britain announces new steps to help banks
Fuel demand to grow at 6% in FY'10
Stimulus package: Focus on infrastructure, implementation
More govt stimulus soon to push demand: Nath
Britain to shut doors to foreign workers
Interest rates to fall soon: ICICI Bank
Economic crisis: Will it end in 2009?
Are real estate subsidies working?

January 17, 2009

America's new menace: 'Zombie' debtors
Barack Obama's audacious economic agenda
Recession: No end in sight

January 16, 2009

Citi to split business, posts $8.29 bn loss
HDFC cuts rates for new home loans
Over 3 million houses in US under default notice
US gives $138 bn lifeline for Bank of America
Global meltdown continues to hit tourism industry
Govt to adhere to latest borrowing schedule
Survival strategies for Indian tourism
Investments worth Rs 1,70,000 cr shelved: CMIE

January 15, 2009

Air India plans more cost-cutting

January 14, 2009

Job security? Indians optimistic
Business confidence falls sharply in India
Omaxe to offer 10,000 homes at Rs 4-10 lakh
Citi to sell businesses to save itself
Deora concerned over volatile global oil prices
Barclays to slash 2,100 jobs
Pfizer to lay off 800 researchers worldwide
Job slump? Beware of frauds!
Economic crisis takes its toll on brokerages

January 13, 2009

BoA-Merrill Lynch may cut 1,900 jobs in UK
Citi deal with Morgan Stanley may face $4 bn taxes
OECD sees sharp slowdown for India
Petrol, diesel may be cheaper from Thursday
B-school offers: No hike in salaries

January 12, 2009

The meltdown lexicon: More new words...
Citigroup under pressure to rejig board: Report
Auto sales crash to all-time low
NDTV plans cost cutting
Industrial growth recovers to 2.4% in Nov
India Inc's confidence at 7-year low, says Ficci survey
Mining, electricity crucial in Nov IIP numbers
Infrastructure growth slows to 2.2% in Nov 2008

January 11, 2009

IndiGo plans to bid adieu to foreign pilots

January 09, 2009

Citigroup to support measures to avoid bankruptcy
Nissan's Sunderland plant to axe 1,200 jobs
'No scope for IT industry in Tamil Nadu'
Tata Motors Jamshedpur plant to be closed for 6 days
Macy's to shut 11 stores in US
India can attract more money even today: Montek

January 08, 2009

Meltdown wipes off $17 trillion from investors' kitty
Textile sector yet to receive stimulus package funds

January 07, 2009

Realtors fall 54% short of retail space target
Textiles, jewellery report sharp fall in exports

January 06, 2009

Slowdown: Toyota to halt production for 11 days
$30-bn IT aid to create 9 lakh jobs in US
Commercial vehicle makers keep output in check
Builders demand more sops to stimulate demand
Indians optimistic about 2009 amid crisis
India may miss export target of $200 bn this fiscal: D&B
Stimulus package: The need to focus on states
Why the RBI thinks differently
Obama to sign a Bill to create 3 mn jobs
Panel to look into service tax reimbursement for exporters
US in a very difficult spot, warns Obama
Engg, construction firms post 10% order-book growth
Meltdown: SCI, GE Shipping likely to take a hit
Oracle India staff now get hour-based pay?
Oracle India staff now get hour-based pay?

January 05, 2009

Incentive package to boost low cost housing soon
Fear of job losses, missing targets haunt exporters
Stimulus not enough to change growth outlook: Goldman Sachs
Citi retains India's growth forecast for '09, '10
Personal insolvencies to touch record level: KPMG
India's growth may fall to 5%: Swraj Paul
Outlook for markets in 2009
Biz phrases you won't hear in 2009
Will bailouts help India in 2009?
Export cos expect volumes to take a hit: Survey
Crisis: Automakers reworking export strategy
Export growth to decline for the third month in a row

January 03, 2009

Next fiscal likely to be more difficult, warns PM
US debt could increase by $2 trillion this year
Chrysler gets $4 bn aid from US govt
Growth will soon be back on track

January 02, 2009

Here's what's in the 2nd stimulus package
Biyani hopes to do well this quarter
RBI cuts key interest rates again
Will the aviation sector recover in 2009?
Firms' austerity steps to hit event mgmt industry
Slowdown hits goods transport business
Slowdown: What the govt should do

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