Monthly Archives: September 2009

IMF sees global financial losses falling to $3.4 trillion

The International Monetary Fund (IMF) said on Wednesday that it now expects combined losses at financial institutions around the globe to decline to $3.4 trillion from the ongoing financial crisis on the strength of unprecedented policy actions. In its twice-yearly Global Financial Stability Report, the Washington-based institution said the ballpark figure for the four-year period [...]

Your Sure Way to Lasting Success in Trading

Why is it that some people are successful in trading the markets? And why is it some people fail? Is it luck that determines if you are successful or not in making money from the market? Is it the system or strategy that a person use which determines their success? A lot would say that [...]

Three realty firms file DRHP; may raise Rs 10,000 cr

Developers spurred into market by bull run in stocks, series of successful QIPs. Three real estate companies — Lodha Developers, Subrata Roy’s Sahara Prime City and Delhi-based Emaar MGF — each filed a draft red herring prospectus (DRHP) today with the capital markets regulator, Securities and Exchange Board of India (Sebi), to raise in all [...]

HCC to partner UK’s AMEC for nuclear plant services

Hindustan Construction Co Ltd will partner U.K.-based AMEC to provide electrical and mechanical services in nuclear power plants, the two firms said in a joint statement on Wednesday. Industry officials anticipate that nuclear reactors worth 600-800 billion rupees could be ordered by 2020, for Asia’s third-largest economy to generate more electricity and reduce chronic power [...]

General Insurance Corp offers home loans under spl scheme at 7.95%

The housing finance outfit of General Insurance Corporation of India (GIC) has introduced a limited period special scheme for the festival season starting from October 1, for all new individual housing loans up to Rs 1-crore. The company has also introduced a unique life insurance com in tie-up with Kotak Mahindra Old Mutual Life Insurance [...]

Microsoft releases free computer security software

Microsoft released free software that people can use to protect computers against viruses, spyware and other malicious codes in arsenals of cyber criminals. Microsoft Security Essentials is available for download at microsoft.com/security_essentials and is built on technology that the global software giant uses in computer security programs it designs for businesses. “With Microsoft Security Essentials, [...]

How To Trade Stock, Timing Is Everything

Aim for the best timing in stock market trading. It is the only option for a successful stock market investor learning how to trade stock. In order to raise capital and invest in the business, companies issue their stocks and the public may then buy and sell. The price varies depending on the supply and [...]

Logistics sector to touch $125 bn by 2010

The Indian logistics industry is poised to become a $125 billion industry by 2010, an increase of around 17 per cent, from the current level, according to Assocham. The knowledge chamber also said that the outsourcing of 3rd Party Logistics business (3PL) in India is set to become $ 90 million size by 2012. According [...]

Omaxe to invest Rs 1,500 cr in four projects

Realty firm Omaxe  said it will develop four new housing projects at an investment of Rs 1,500 crore over the next three years and is mulling increasing prices of existing projects within three months. “We will launch four projects in the next two months…Our plan is to develop a total of about 2,000 units in [...]

L&T Infotech, Infineon ink SAP contract

German semiconductor maker Infineon Technologies AG (IFX) on Tuesday announced a multi-year, multi-million dollar contract with IT services and business solutions provider Larsen & Toubro Infotech Ltd (L&T Infotech). As per the contract, L&T Infotech will operate, maintain and develop SAP solutions within Infineon’s enterprise landscape and provide these services out of Germany, Singapore and [...]

Financial Technologies to raise Rs 1,500 cr via various routes

Financial Technologies India, promoter of country’s leading commodity exchange MCX today said it will raise Rs 1,500 crore by issuing shares in the international markets and by private placement of shares with buyers. The company would raise funds by issuing shares in the form of Global Depository Receipts, American Depository Receipts and Foreign Currency Convertible [...]

Successful Investors Have Learned to Talk Their Walk!

Today, English is the most widely spoken and written language on the planet. English was first spoken in Britain by Germanic tribes in the Fifth Century AD.  At that time it was known as the Old English (Anglo-Saxon) period. During the Middle English period (1150-1500 AD), many Old English word endings were replaced by prepositions [...]