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• Self-employed? Here’s how to get a home loan
  A simple guide that explains how self-employed professionals can avail of home loans by satisfying certain eligibility criteria.

• Reader invite: Getting out of a debt trap
  We invite our readers to send their useful ideas and suggestions on how to get out of a credit card debt trap for the benefit of those who are finding it difficult to cope with it.

• V-Day special: Checking financial compatibility
  Why is it important to discuss finance and be financially compatible before marriage.

• All you need to know about personal loans
  Need quick cash? A personal loan might just be the answer.

• All you need to know about Portfolio Management Services
  Here are some of the most frequently asked questions about PMS, answered!

• LLP: Not yet the choice of private businesses
  These partnerships are engaged in a variety of businesses in the manufacturing and services sector. However, if the experience in the US/UK with similar vehicles (LLPs/LLCs) is anything to go by, there seems a long way before LLPs could become the default vehicle choice for private businesses, as in those countries.

• Etisalat DB to shut operations
  The company’s licences in 15 circles have been cancelled as a part of the court’s verdict.

• Obama proposes minimum taxes on foreign earnings
  US President Barack Obama has proposed to establish a new minimum tax on foreign earnings while repealing benefits for outsourcing jobs overseas and providing new incentives for bringing jobs back home.

• PHOTOS: Most expensive mobile phones in the world
  While all of us have mobile phones, some go for really expensive ones.

• 2G pricing plan can cost Rs 20,000-crore loss
  It had also led to delays in allocating even start-up spectrum.

• Bankers refuse lifeline to Kingfisher
  I-T dept refuses to unfreeze a/cs; airline curtails operations; SBI, other bank stocks take a knock

• FM hopeful of meeting indirect tax target
  He, however, acknowledged the need for further efforts from the revenue department.

• Issues of govt nod, liquidity, FDI need to be addressed
  The real estate sector is not only one of the key drivers of economic growth of a country but is also a measure of the same. As challenging conditions prevail, we expect that issues like government approvals, FDI and liquidity would be addressed.

• Petition filed in SC to cancel Vodafone’s licence
  Petition, filed by a lawyer, is likely to be heard next week.

• Photos: India’s top 25 states with highest GDP
  India’s economic success is powered by these states.

• Citi faces billion-dollars writedown risk: WSJ
  Morgan Stanley Smith Barney currently is valued at $20 billion on Citigroup’s books, which is $ 5 billion more than it is on Morgan Stanley’s, the report said citing Credit Suisse’s analyst Howard Chen.

• Kingfisher has Rs 40 crore in tax dues: CBEC
  The company’s net loss widened to Rs 444.26 crore (Rs 4.44 billion) for the quarter ended December 31, 2011, due to high fuel costs and weaker rupee from Rs 253.69 crore (Rs 2.53 billion) in the October-December quarter in the last fiscal.

• PHOTOS: World’s most expensive SUVs
  There are some sports utility vehicles that are expensive and then there are some that are really expensive.

• Summons through SMSes, e-mails valid: 2G case court
  Seeking exemption from personal appearance for Ruias, Rohatgi said he was appearing despite the fact that his clients, at present in UAE, have not been ‘properly’ served with the court summonses.

• Economic confidence: India SLIPS to 4th place
  The survey was conducted by research firm Ipsos.

• Rupee down 5 paise vs dollar in early trade Thu, 23 Feb 2012 05:00:27
  The rupee fell marginally by 5 paise to 49.27 against the US dollar on the Interbank Foreign Exchange market in early trade today, following increased demand for the American currency from importers.

• Sensex gains 57 points in early trade Thu, 23 Feb 2012 04:31:50
  The BSE benchmark index Sensex recovered by nearly 57 points in early trade on Thursday on selective buying by funds.

• Banks in for triple-digit gain from MCX Wed, 22 Feb 2012 22:28:21
  The three Indian banks that are offloading part of their holdings in the maiden public offering of Multi Commodity Exchange (MCX), has witnessed their initial investments rise by nearly 125 times in about seven years.

• PM panel for diesel price hike Wed, 22 Feb 2012 22:18:11
  Making a strong pitch for raising diesel prices, Prime Minister’s Economic Advisory Council chairman C Rangarajan on Wednesday said there was a need to revise prices to reduce the huge subsidy burden and bring down the fiscal deficit.

• Maruti bets big on new Dzire Wed, 22 Feb 2012 22:16:21
  Maruti Suzuki has said it expects the new Dzire to generate a higher market share in the entry-level sedan market.

• Sensex dips 283 pts, SBI plunges 8% Wed, 22 Feb 2012 22:15:16
  Led by banking major State Bank of India, the Indian market witnessed its first major correction in about four weeks, with the sensex falling 283 points to close at 18,145.

• Power companies pitch for ONGC gas Wed, 22 Feb 2012 22:13:55
  Promoters of private power projects, facing fuel shortage due to a drastic fall in output from Reliance Industries Ltd’s Andhra offshore field, on Wednesday asked the government to divert gas from other fields being supplied to non-priority sectors for generating electricity.

• Ultra-mega power projects to have local procurement clause Wed, 22 Feb 2012 22:11:41
  The government is changing the policy for future showpiece ultra-mega power projects (UMPP) that enjoy the benefit of assured domestic coal mines to make it mandatory for promoters to buy a certain percent of equipment from domestic manufacturers.

• Mohandas Pai returns to shareholder activism Wed, 22 Feb 2012 22:09:58
  Former Infosys director T V Mohandas Pai has returned to what he does best—promoting shareholder activism.

• Men splurge on cosmetics, seek specialized products to look good Wed, 22 Feb 2012 22:00:04
  The verdict is out. Men are rapidly converting to using products that were hitherto considered the domain of women.

• Hero MotoCorp plans to drive in superbikes Wed, 22 Feb 2012 21:57:59
  Hero is fuelling up for a power ride on global roads and take on the likes of Ducati, Suzuki, Honda and Yamaha in the top-end of the bike market.

• Etisalat to shut India operations Wed, 22 Feb 2012 21:54:50
  Dubai-based telecom major Etisalat on Wednesday decided to exit from India and will shut the operation of its Indian arm Etisalat DB.

• GDP to grow at 7.5%: PM panel Wed, 22 Feb 2012 21:51:50
  The economy is expected to grow in the range of 7.5% to 8% in the fiscal year ending March 2013, the Prime Minister’s Economic Advisory Council said on Wednesday.

• No easy lifeline for Kingfisher from banks Wed, 22 Feb 2012 19:58:06
  Lenders are firm on not providing fresh assistance to Vijay Mallya-promoted Kingfisher Airlines unless the company clears its dues to banks, a move which is expected to pile more pressure on the cash-strapped carrier to stay afloat.

• IIM Calcutta receives 100 plus job offers in first two days of placement Wed, 22 Feb 2012 16:58:04
  Indian Institute of Management, Calcutta kicks off its final placement with 108 offers during the first two days.

• Bank bailout for Kingfisher hangs in balance Wed, 22 Feb 2012 15:54:03
  Lenders to Kingfisher Airlines have not agreed to extend further loans to the debt-crippled carrier, three banking sources said on Wednesday after reports that State Bank of India (SBI) was close to offering a bailout loan package.

• Etisalat India mobile phone JV to shut down operations Wed, 22 Feb 2012 15:04:33
  Etisalat’s Indian joint venture will shut down its mobile phone network after the country’s top court ordered all telecoms licences issued under a scandal-tainted 2008 sale be revoked in four months, including those held by the UAE carrier’s joint venture.

• Leading corporate extend contracts with Khimji Poonja Freight Forwarders Sun, 19 Feb 2012 05:28:01
  Khimji Poonja has been in the business of freight forwarding for more than 75 years and a host of world-renowned companies.

• Rupee up 8 paise to close at one-week high of 49.22/23 Wed, 22 Feb 2012 13:33:42
  The rupee today gained eight paise to close at one-week high of 49.22/23 against the US dollar on sustained capital inflows amid fresh selling of the American currency by exporters.

• Sensex falls from 7-month high on profit selling; loses 283 pts Wed, 22 Feb 2012 11:09:02
  The BSE benchmark index Sensex fell from seven-month high levels losing 283 points on profit-booking mainly in realty, banking and oil and gas stocks.

• Farmers fear fertiliser prices may go up if gas supply is cut Sun, 19 Feb 2012 06:38:54
  Natural gas output from RIL’s D6 fields would sharply drop to 27.60 mscmd from April, squeezing the domestic gas supply.

  
  
  

• DBS keen on operating as a wholly-owned subsidiary Tue, 07 Feb 2012 00:16:55
  DBS Bank sees significant business opportunity in India and is keen on operating as a wholly-owned subsidiary in the country.

  
  
  

• 2G licence cancellation to hit banks’ profits by 10%: Fitch Fri, 03 Feb 2012 13:04:56
  Global ratings agency Fitch said the Supreme Court’s decision to cancel 122 telecom licences will hit the profitability of banks

  
  
  

• Decision on ONGC, BHEL selloff mode deferred Thu, 02 Feb 2012 22:01:56
  A decision on the disinvestment strategy for 2 leading state-run cos, ONGC & BHEL, was deferred after a meeting of the empowered group of ministers.

  
  
  

• Air India Express pilot defies ATC for take-off Fri, 27 Jan 2012 06:16:03
  In the span of about 30 seconds, an Air India Express aircraft with about 90 passengers on board created a double scare at Singapore’s Changi airport on Monday.

  
  
  

• Quiznos readies India plans with 150 outlets in 5 years Thu, 26 Jan 2012 11:36:09
  Quiznos, which has entered into a master franchise agreement with Delhi-based restaurant management company Sub-One Hospitality Services, is popular for toasted sandwiches.

  
  
  

• Coal India not likely to hike prices after wage increase Wed, 18 Jan 2012 09:02:07
  Coal India is not expected to raise prices after it finalises a wage increase agreement with its workers later this month, coal minister Sriprakash Jaiswal said.

  
  
  

• Power company CEOs meet PlanComm over coal shortage Wed, 18 Jan 2012 07:16:07
  The CEOs also discussed the steps to raise domestic production of coal.

  
  
  

• IRCTC is absolute owner of Maharaja Express: HC Mon, 09 Jan 2012 08:41:24
  The Delhi HC has set aside its earlier order to run ‘Maharaja Express’ jointly with UK’s travel firm Cox & Kings and PSU IRCTC as an interim measure.

  
  
  

• Truck maker Paccar to source parts from India Sat, 07 Jan 2012 09:34:36
  Truck maker Paccar said it is tapping India for component sourcing and developing tech for its global operations but has no plans to sell-assemble products here.

  
  
  

• French auto spares firms eye JVs in Gujarat Sat, 07 Jan 2012 07:43:05
  Some 60 French cos. will explore joint ventures with Gujarat-based auto component makers at a B2B meet organised this month in capital Gandhinagar.

  
  
  

• Michelle Obama sparred with White House advisers-book Sat, 07 Jan 2012 06:31:48
  Michelle Obama has had testy relationships with some top White House advisers, and at times pushed the president to pursue politically difficult, according to a new book

  
  
  

• Civil aviation min favors higher FDI cap- paper Sat, 07 Jan 2012 05:26:26
  Civil Aviation Min is likely to drop its opposition to higher investment by foreign airlines in the sector and agree to let them hold up to 49% in domestic carriers.

  
  
  

• IOB gets Rs 100 cr line of credit from Sidbi for MSMEs Fri, 06 Jan 2012 12:23:17
  Small Industries Development Bank of India said that it will extend Rs 100 crore line of credit to the state-run lender Indian Overseas Bank for the MSME sector.

  
  
  

• Govt gives back six deallocated coal blocks Fri, 06 Jan 2012 09:57:50
  The govt has given back 6 coal blocks of the deallocated 14 mines to firms, including DVC and Tenughat Vidyut Nigam Limited (TVNL) and NTPC.

  
  
  

• India banks may need capital to meet Basel III Fri, 06 Jan 2012 08:48:24
  Private-sector banks may need to raise a few trillion rupees of capital to meet Basel III norms, Anand Sinha, a deputy governor at the RBI said.

  
  
  

• RBI cancels licence of Veershaiva Co-operative Bank Fri, 06 Jan 2012 08:42:58
  The Reserve Bank has cancelled the licence of city-based Veershaiva Co-operative Bank, as the lender has become insolvent.

  
  
  

• Coal Ministry rules out hike in coal prices Thu, 05 Jan 2012 08:55:24
  There is no proposal to increase coal prices at present even as Coal India has adopted a new system for pricing and excise duty on dispatches of fossil fuel.

  
  
  

• Urea shortage may continue this month Thu, 05 Jan 2012 08:33:00
  Shortage of urea is likely to continue this month due to higher demand and lack of logistics to lift 7,00,000 tonne of imported crop nutrient lying at various ports.

  
  
  

• 2G scam: A Raja had visited Kanimozhi residence, says Achary Wed, 04 Jan 2012 01:01:26
  Aseervartham Achary, Raja’s former additional private secretary revealed these details to the CBI Special court.

  
  
  

• Eyes set on Post Office banks & liberalisation of sector Tue, 03 Jan 2012 04:42:52
  The idea that 1.55 lakh Post Offices could double up as banks is aimed at aiding the government’s goal of financial inclusion, especially in rural areas.

  
  
  

• ‘Weak sentiment may restrict tax mopup to budget levels’ Thu, 13 Oct 2011 00:22:07
  The slowing economy seems to have cast its shadow on the Central Board of Direct Taxes’ plan to surpass the budget target on tax collections.

  
  
  

• Everonn to sell 12% stake to Dubai-based GEMS Education for Rs 138 crore Tue, 20 Sep 2011 23:35:22
  Chennai-based Everonn Education, whose founder is in jail, will sell a 12% stake for Rs 138 crore to Dubai-based GEMS Education.

  
  
  

• Employees seek end to coal crisis at NALCO plant Fri, 16 Sep 2011 11:55:13
  The smelter plant had to shut down 60 of its 931 pots a week ago as coal stocks sank to critical levels.

  
  
  

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