An End To Third-Party ATM’s Free Usage

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Published: October 12, 2009
RBI
An End To Third-Party ATM's Free Usage   | read this item

On April 1st 2009, The Reserve Bank Of India (RBI) had taken an extra concern and had given the freedom of using Third party ATM’s (Automatic Teller machine) all over India. This had benefited millions and millions of account holders who were provided with the freedom of using ATM’s (for the purpose of withdrawal, balance enquiry) of Banks were [...]

McDONALD LOOSES TO McCURRY

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Published: September 11, 2009
McCurry Owners
McDONALD LOOSES TO McCURRY

McCurry Owners Suppiah and his wife kanageswari has won the Eight year battle with McDonald.  | read this item

McDonald, a leading global food service retailer which proudly holds around 31,000 restuarants all over the world in almost 118 countries had lost it’s eight year battle to McCurry. McDonald which has almost 185 outlets in Malaysia, looses itself to McCurry McCurry, started by Mr. P. Suppiah is a small family fast food restuarant in Malaysia, [...]

TATA STEEL & SAIL – HIKED STEEL PRICES

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Published: September 3, 2009
SAIL
TATA STEEL & SAIL - HIKED STEEL PRICES  | read this item

The Sixth price hike on Flat steel Products in this financial year of 2009 -2010. However, the long steel product’s price remains low. On September 1, 2009, The major players in the Indian Steel industry – “SAIL (Steel Authority of India)” and “Tata Steel” announced their hike in the  steel prices on some of their [...]

TATA TEA – TO BE REBRANDED

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Published: September 1, 2009
tata tea
TATA TEA - TO BE REBRANDED  | read this item

Ratan Tata, the chairman of Tata groups announced this friday that Tata Tea is expected to be renamed in a couple of months. After the annual general meeting which was held at Kolkata, it was decided that Tata Tea has to be renamed. The process is on and the rebranding will be done by a [...]

READER’S DIGEST ASSOCIATION TO FILE FOR BANKRUPTCY

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Published: August 23, 2009
Readers Digest
READER'S DIGEST ASSOCIATION TO FILE FOR BANKRUPTCY  | read this item

The Reader’s Digest Association Inc. , was founded way back in 1922 by the young couple Lila Bell Wallace and Dewitt Wallace. According to Media Mark Research(MRI), this best-selling consumer magazine most popular in the USA based at Pleasent ville, New york was circulating to almost 5.5 million copies to it’s readers filled with general interest topics and [...]

“DEFLATION” – A DEEPER INSIGHT

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Published: August 16, 2009
Deflation
"DEFLATION" - A DEEPER INSIGHT  | read this item

All About Deflation The opposite of  Inflation, “Deflation” is decline or fall in the price levels of commodities and services for a certain period of time due to the contraction or reduction of money and credit supply . Whenever Inflation rate goes below zero percent or in the worst cases goes negative, it is said [...]

GLOBAL RECESSION 2009

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Published: August 10, 2009
Recession
GLOBAL RECESSION 2009  | read this item

The Global Recesion had been a great Shock for the entire world resulting in a huge loss to all the individual countries in all respects. All About RECESSION Recession is a slowdown or decline in the economic activity or the fall of GDP of a country for 2 or more consecutive quaters. When such a [...]

“BANKS” – GOING BANKRUPT!!!

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Published: July 9, 2009
Lehman Brothers Crash
"BANKS" - GOING BANKRUPT!!!

Lehman Brothers world headquarters is shown Monday, Sept. 15, 2008 in New York. Lehman Brothers, burdened by $60 billion in soured real-estate holdings, filed a Chapter 11 bankruptcy petition in U.S. Bankruptcy Court after attempts to rescue the 158-year-old firm failed. (AP Photo/Mark Lennihan)  | read this item

Banks going Bankrupt??? Sounds Shocking??? Yes, indeed it was a great shock for the banking industry as such when “Lehman Brothers Holdings Inc.” filed for bankruptcy protection under Chapter 11 of  U.S.A Brankruptcy code on Sep 15, 2008 and also had given away its assets which was close to $600 Billion while filing. “Lehman Brothers [...]

UNION BUDGET HIGHLIGHTS 2009-10

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Published: June 20, 2009
Indian Parliament
UNION BUDGET HIGHLIGHTS 2009-10  | read this item

The Common public had been patient and eagerly waited for the “Union Budget Highlights for 2009 – 10″ which has turned out to be a successful one. Let’s take a quick glance on the Union Budget 2009 – 10 presented in the Lok Sabha by our Finance Minister Mr. Pranab Mukherjee. Tax Updates At A [...]

DLF TO DIVEST IT’S NON-CORE

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Published: June 12, 2009
DLF Logo
DLF TO DIVEST IT'S NON-CORE

DLF to divest  | read this item

DLF TO DIVEST IT’S NON-CORE BUSINESS Kushal Pal Singh and Rajiv Singh along with their family members , the promoters of DLF Ltd., which is the Largest Indian player in th Real Estate Business has planned to divest it’s non-core businesses as they are facing a net debt of  Rs. 13k crores. So it is [...]