'People should feel like spending more'

'One of the ways to do that is to ensure that NBFCs have got liquidity.''If we don't do that, this mood of gloom will continue.'   Piramal Enterprises Chairman Ajay Piramal says the drying up......

Why derivatives are weapons of mass destruction

As financial markets remain volatile, Warren Buffet's description of derivatives as 'weapons of mass destruction' is turning out to be more and more apt for banks and theircorporate clients. As for......

Canada's Ivanhoe eyes investments in malls, retail

After setting up its real estate arm SITQ a couple of months ago, Canadian fund manager Caisse de depot et placement du Quebec is starting operations of its mall management and investment arm......

Contador suspended for suspected doping

Tour de France winner Alberto Contador and the Tour of Spain runner-up Ezequiel Mosquera were suspended for suspected doping on Thursday in a devastating blow to cycling's battered image. The......

Armstrong breaks collarbone

Seven-times Tour de France winner Lance Armstrong fractured his right collarbone in a race in Spain on Monday, casting doubt on his participation in May's Giro d'Italia. The American announced via......

Tour: Evans back from the dead

The day after almost crashing out of the Tour de France, Cadel Evans kept his rivals at bay to take command of the race in the first big mountain battle on Monday. The Australian finished the......

Tour de France: Sanchez wins stage 7

Spain's Luis Leon Sanchez claimed his maiden Tour de France victory when he took the seventh stage with a bold solo attack in the finale of a 159-km ride from Brioude to Aurillac on Friday. The......

Ricco takes Tour de France sixth stage

Italian Riccardo Ricco won the sixth stage of the Tour de France on Thursday while Luxembourg's Kim Kirchen seized the overall leader's yellow jersey. The Giro d'Italia runner-up, also known as......