30 November 2008

Business Today (Dec 14) articles

Cover Story
Fighting the bad times
K. R. Balasubramanyam and Kushan Mitra
Vijay Mallya’s aviation business has landed in a sea of red. Mallya has a survival plan, but he may need to look at drastic options to stay afloat. K. R. Balasubramanyam and Kushan Mitra go into the details.
‘‘We can wipe out our losses in three years”
-----------------------------------------------------
Reporter's Diary
The ground reality
BT reporters go incognito across five cities to find out what’s the best deal your money can buy against a developer’s listed price.

Policy Watch
The fight gets real
Puja Mehra
The global crisis has spilled from the international financial system into the real sector. Here’s what the UPA government’s game plan for dealing with it is looking like at the moment.

People
Walking the talk with Obama
Named one of the most powerful women in the world, Nancy M. Barry, 59, the Founder and President of Enterprise Solutions to Poverty and former President of the New York-based Women’s World Banking, is no stranger to the limelight.

Special
Messiah or merchant?
E Kumar Sharma
Vikram Akula has revolutionised Indian microfinance by building SKS—one of the biggest brands in rural India. His critics feel that he has ignored the very people he should be helping.
Poverty's new saviour
“India needs game changers In microfinance
------------------------------------------------------
60 MINUTES
'New house numbers in the US have fallen to lowest since WW II'
United Technologies (UTC), the $54.8-billion (Rs 2,74,000 crore) diversified industrial conglomerate, and its 51-year-old President and CEO Louis R. ChĂȘnevert, are no strangers to India.

Money
Coping with an uncertain market
Manu Kaushik
The market meltdown has cleaned up nearly 60 per cent of investor wealth. How are investors trying to cope with their losses? We take a look.
The art of living frugally

Trends
Time for a price cut?
Virendra Verma
Despite a call from the FM, industry leaders say cutting production is a better way to deal with recession.
‘‘Firms in UK and China are looking for investment opportunities”
Ecomomy watch
Ranked
Market meltdown continues
‘‘India remains a robust market’’
Instan tip
Numbers of note
‘Impossible to be risk proof’
The generosity index
The sWaP phone
Heathrow-on-sea
The fight gets real
To be precise
Passports get smart
China’s 10-point bailout
Banking on a change
A spirited upswing

Noted
Ranked
Reliance Industries (RIL) Chairman Mukesh Ambani, with a net worth of $20.8 billion, is the richest Indian in the world. Ambani has displaced Lakshmi Mittal, according to a list of the nation’s 40 richest people compiled by the Forbes.

Source:Business Today.
http://businesstoday.digitaltoday.in

Terror Face on Mumbai

TERROR HITS MUMBAI

Pix: What remains of the Taj Terror toll 195
Why did NSG take 10 hours to arrive?
Pix: The face that launched a thousand demons

Target: 5000 lives Salute our Heroes
Bush offers full supportA commando's account
Pix: When terror snuffed out two bravehearts

Dawood provided logistics Zardari, team meet
CWC sidesteps Patil 22 bodies found at Taj
‘Shouldn't Narendrabhai have waited?’

Many bodies still unidentified Many Questions
Operation Cyclone 2 3 4 5 6 More
------------------------------------------------
'He was a brave officer' Pix: Nariman House
Terrorists will not check in as guests'
Obama backs India

Mumbai terrorWe salute our heroesCommandos speakInside the TajLatest at the TajTaj burnsModi lashes at PM & PakThe CrossfireCrowd cheers NSGThe terror planRemembering our Heroes
----------------------------------------
Mumbai locals helped us, terrorist tells cops
Shivraj Patil offered to resign at CWC meeting
Sabina, we will miss you. Pay your tribute

Now, arrested terrorist Ajmal says 'kill me'
Ajmal Kasab was arrested by D B Marg Police, his companion Abu Ismail was killed.

Pay tributes to bravehearts The Terrorists Pak Connection Places targeted
Creation of NSG-like force may require Rs 10,000 cr
It’s the last & final wake-up call

The attitude of tolerance will cost the country heavily, says Gautam Adani, Chairman of Adani Group.
India Inc affected Cos to hold meets at own premises
Institutional responses inadequate Tourism industry shaken

Mumbai attackers were 'well-trained, financed and prepared' (1123hrs)
Mystery woman had accompanied terrorists at Cama (1036hrs)
Terror attacks: 5-star hotels change, perhaps forever (0756hrs)
Nariman House is in danger of crumbling down: Police (0928hrs)

ET updates:http://economictimes.indiatimes.com/etupdatelist/2160130.cms

------------------------------------------------
Source:All leading web links..

India's GDP grows 7.6 % in Q2

India's GDP grows 7.6 % in Q2

Dispelling fears of a major slowdown, the Indian economy grew by 7.6 per cent in the second quarter of current fiscal due to decent performance by the construction and services sectors, though the growth is moderate compared with 9.3 per cent in the year-ago period.For the first half of this fiscal, the economy, measured as gross domestic product, rose by 7.8 per cent compared with 9.3 per cent a year ago, an official release said on Friday.

The government has been projecting the economy to grow between 7-8 per cent this fiscal, while Reserve Bank of India's [Get Quote] projection ranges from 7.5-8 per cent.

While agriculture and allied sectors growth slipped to 2.7 per cent in the second quarter from 4.7 per cent a year ago, mining and quarrying could post a growth of 3.9 per cent compared with 5.5 per cent.

Manufacturing sector, however, show a marked deceleration recording a growth of five per cent, down from a high of 9.2 per cent in the second quarter of previous fiscal.Electricity generation and related sectors, too, recorded a modest growth of 3.6 per cent compared with 6.9 per cent in the year-ago period.

Among those sectors which performed well, construction sector grew by 9.7 per cent in the second quarter, even though it was down from 11.8 per cent in the corresponding period last fiscal.

In services group, trade, hotels, transport and communication rose at the rate of 10.8 per cent, marginally down from 11 per cent in the second quarter last fiscal.Even the financial and related sectors recorded a growth of 9.2 per cent, compared with 12.4 per cent, while growth in the community, social and personal services remained more or less at the same level.

India adviser: GDP growth along expected lines
GDP springs a surprise in 2nd quarter, grows 7.6%
INSTANT VIEW - India's Sept qtr GDP up 7.6 pct y/y - Yahoo! India News
India's July-Sept GDP up 7.6 pct from year earlier - Forbes.com
The Hindu : Business : GDP growth rate slips to 7.6% in second quarter
Deccan Herald - GDP logs modest 7.6% growth in H1 of 2008

India's economic growth falls further to 7.6 percent- Indicators ...
Q2 GDP growth of 7.6% shows resilience of Indian economy: CII
GDP grows 7.6 % in Q2
India's July-Sept GDP up 7.6 pct from year earlier Business News ...


Source:Rediff,All websources.