GDP growth seen pushing at 8.5 pc Hoping that inflation could slide to 6 per cent in the next three months, Prime Minister Economic Advisory Council Chairman C Rangarajan, on Saturday, said 8-8.5 per cent economic growth is achievable.
Sebi says talks on for setting up SME bourse Market regulator Securities & Exchange Board of India (Sebi) will be completing its consultative process for setting up an SME exchange by the end of this month, Sebi Chairman C B Bhave said on Saturday.
M&M plans Rs 700 crore FCD fund tap Utility vehicles major Mahindra & Mahindra (M&M), on Saturday, approved raising additional resources upto Rs 700 crore through issuance of unsecured fully and compulsorily convertible debentures (FCDs) to Golboot Holdings Ltd, an entity controlled by Goldman Sachs.
SBI Cards in for a major rejig Faced with mounting losses for consecutive years, SBI Cards & Payment Services Ltd(SBI Cards), a joint venture between SBI and GE Money, will be rejigged this year to put it back on black, SBI chairman O P Bhatt said here on Friday.
CLIMBS DOWN FROM GRAND HIGH STAND
Microsoft courts Yahoo with a sweetened offer A mammoth deal that would reshape the internet landscape loomed closer Friday after Microsoft reportedly raised its bid for leading web portal Yahoo. Microsoft Corp finally dangled a higher takeover bid in front of Yahoo Inc, hoping to reach a friendly deal after weeks of saber rattling.
Cab drivers wait outside the Ace Auto shop to have their new time/distance meters installed in the North East Section of Washington, DC on Thursday. Cab drivers have time till June 1, 2008 to install the new meters as ordered by DC Mayor Adrian Fenty which brings to an end 70 years of a zone based fare system. AFP
Did Harbhajan Singh deserve the 11-match ban for his onfield misbehaviour with a fellow-player or is the punishment too harsh? Deccan Herald had invited readers’ opinion on the issue. Most of our readers opined that Harbhajan deserved the punishment as this is not the first time that the player has crossed the limits. Some readers questioned Sreesanth’s action in provoking Harbhajan and said both the players should amend their behaviour to suit the gentleman’s game.
