Debt debacle sends rating firm' credibility for a six French President Nicolas Sarkozy and Europe's financial regulator called for a probe into Moody's Investors Service, Standard & Poors and other ratings firms criticised for underestimating the risk of subprime debt.
SAIL, Posco ink strategic alliance Steel Authority of India Ltd (SAIL), Indias largest steel producer and Posco, Koreas largest steel company, on Thursday, signed a landmark memorandum of understanding (MoU)...
Manic Thursday shaves 642 points off Sensex
Manic Thursday shaves 642 points off Sensex With the bulls cringing for cover under the heavy and frenzied fusillade unleashed by the bears, the benchmark 30-scrip Sensex tanked 642-point as foreign funds sought safer havens ducking possible spread of US subprime mortgage crisis.
ENGINEERING / Bangalore project expected to be ready in six months
EADS picks 5 cos for outsourcing The Euro 35 billion company has already acquired 100 acres of land and construction work for setting up several buildings is already in progress for the Euro 100 million (Rs 560 crore) project.
Rahul Dravid has drawn much flak for not enforcing follow on in the Oval test. But some ex-cricketers have also supported him. Was his decision justified?
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