CMIE sees a skid in topline growth "Corporate India is expected to report a 16.3 per cent growth in sales revenues for quarter ended September 30, 2007. This is slower than the growth experienced in the past four quarters," Centre for Monitoring Indian Economy (CMIE) said in its monthly review of Indian economy.
Banks plan $80 b fund to buy back bad loans Major banks including Citigroup Inc are looking at setting up a roughly $80 billion fund to buy ailing mortgage securities and other assets.
Come to Kerala, says its CM to City's IT majors Fresh from his visit to Infosys Campus at Electronic City, Kerala Chief Minister V S Achuthanandan said he was meeting over 50 decision makers of the IT companies to exhort them to set up shop in Kerala.
Punters say Sarin exiting Vodafone Vodafone chief Arun Sarin does not seem to be the poster boy for the company's investors as the telecom major's scrip moved North in the wake of rumours of his exit from the company, according to British media.
This is the J. C. Penney store in the Mall at Robinson, in Robinson Township, Pa., seen on Oct. 11, 2007. Retail sales posted a stronger-than-expected gain and prices at the wholesale level jumped up significantly in September. The Commerce Department reported Friday that retail sales increased 0.6 percent last month, compared to August, as a big increase in auto sales helped offset weak demand for clothing.AP Photo
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