blogsJam : Indian Finance & Business

As soon as inflation is controlled and interest rates come down, real estate sector will perk up. Buy your dream house I Top 25 Style Capitals read full article »

Larry Dignan (ZDNet) submits: A series of bombs have exploded in Bangalore and companies that have technology operations in India are likely to need increased security precautions following what appears to be a terrorist attack. According to various reports from Reuters and Rediff.com, nine bomb .. read full article »

Toyota Motor has overtaken General Motors of US in global auto sales during first half of 2008. Tips for car buyers I Car care | Audis | BMW Biggies | Suzuki Kizashi read full article »

Infosys plans to cut dependence on US to 40 per cent, as slowdown in world's largest economy hits outsourcing deals. 10 trends Indian IT services cos must catch read full article »

It was days when we graduated from our engineering and worked hard for admission in one of business school. Finally the day of joining our management school has come and everyone was too excited about it. It was fun being with seniors and going through everything they have for us. Few months .. read full article »

2004-2007Inflation – 3-5%Sensex – 300% upInterest rates – around 7-8%Salary hikes – 20% minimumReal estate – 200% or more upA few more years of this, and I could have retired. Ahh ..life was good !!. All I had to do was to buy a house, anywhere or pick a stock which I heard from my .. read full article »

Why do people from the low income group invest a large percentage of their income on lottery tickets than do their richer counterparts.A new Carnegie Mellon University study determined that poverty played a central role in their spending so heavily on a product that guarantees negligible .. read full article »

A gap down today but we are still above NF 4275. Another gap down below 4275 on Monday, will "trigger" the Island Reversal pattern, indicating further weakness and possibly a retest of the bottom at 3800. There is a small support at NF 4192 which is doubtful to hold. It is interesting to see .. read full article »

1. Indian stock market likely direction: As predicted yesterday stock market opened in negative territory due to weak global cues and thus one can not ignore these world stock markets in our trading environment. Market will be taking cues from F&O expiry as well as from Credit Policy .. read full article »

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This week’s jobs have more of an international flavor, proving that the bizarre doesn’t end at the border. Here’s a Friday trivia question for you: If you had to choose one, would you rather be an oil company PR rep or comment spammer? Why? 1) Moscow: Oil & Gas Rep to Work with Companies .. read full article »

Mutual Funds (MFs) turned net sellers in equities worth Rs 4,853 million on July 24. They bought equities worth Rs 7,963 million and sold equities worth Rs 12,816 million. Till July 24, they have been net buyers in equities worth Rs 3,969 million.MFs turned net buyers in the debt segment worth .. read full article »

Zenith Birla (India) announced a drop in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company declined 32.18% to Rs 27.40 million from Rs 40.40 million in the same quarter last year. The company reported earnings of Rs 0.68 a share during the .. read full article »

Foreign Institutional Investors (FIIs) remained net buyers in equities worth Rs 5,563 million on July 24. They bought equities worth Rs 39,271 million and sold equities worth Rs 33,708 million. Till July 24, they have been net sellers in equities worth Rs 19,218 million.FIIs were buyers in debt .. read full article »

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Why do people from the low income group invest a large percentage of their income on lottery tickets than do their richer counterparts. Successful business formula read full article »

Notwithstanding the hike in interest rates, high commodity prices and inflationary pressure, the first half of 2008 saw number of merger and acquisitions. Gainers & Losers | Earnings read full article »

Consistent five trading day in upmove has reversed the trend. Weekly chart of NIFTY clearly shows the uptrend and with many other indicators in that direction. (kindly click on the image for larger view) Positive Break out : From02/05/2008 to 18/07/2008 the NIFTY showed consitent downtrend and .. read full article »

Quality workforce appears to be the only differentiator that could win customers for IT companies. Top 20 IT Exporters | Top 15 BPOs | 10 trends for IT cos read full article »

AK Capital Services reported a considerable rise in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 59.30% to Rs 80.11 million from Rs 50.29 million in the same quarter previous year. The company posted earnings of Rs 13.27 a share .. read full article »

Thomas Cook (India), (TCIL) on July 25, 2008 announced the launch of Indian Railway reserved ticket booking facilities on its portal www.thomascook.in - the only travel solutions portal that offers this facility at present. The primary objective of the portal is to offer a complete range of .. read full article »

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Notwithstanding the hike in interest rates, high commodity prices and inflationary pressure, the first half of 2008 saw number of merger and acquisitions. read full article »

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Excerpts from Gilford Securities analyst Ashish R. Thadhani's recent note to clients on Wipro Limited (WIT): • • •Complete Story » read full article »

IT hub Bangalore, hit by serial blasts for the first time, is known both as a peaceful city and a safe place for setting up sleeper cells by terror groups. Chronology of blasts read full article »

Number of Indian cos listed on LSE is likely to jump by 20%, Grant Thornton, a leading business and financial adviser, has predicted. Gainers & Losers | Earnings read full article »

So the latest report in the list of the evergreen Indian Internet statistics is out: The average Indian Internet user visited the Internet 25 times during the month and was online for 28 minutes per visit. Those between the ages of 15-24 were the heaviest Internet users among all age .. read full article »

Tech firms in India play a leading role in educating their research employees, a practice US can adopt to help keep its global competitive edge. The wireless world read full article »

Number of Indian companies listed on the LSE is expected to jump by 20%, Grant Thornton, a leading business and financial adviser, has predicted. Gainers & Losers | Earnings read full article »

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View more photos at Flickr / aminus3 / VFXY View image in full screen read full article »

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3i Infotech today announced the results for the first quarter ended Jun. 30, 2008.On a consolidated basis, the company registered a rise of 44.1% in net profit to Rs 581 million for the quarter ended Jun. 30, 2008., as against the prior year period. Total Income increased 78.5% to Rs 4,716.2 .. read full article »

Indian Hotels Company disclosed a steady growth in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company rose 11.89% to Rs 612.70 million from Rs 547.60 million in the same quarter last year. The company posted earnings of Rs 0.90 a share during the .. read full article »

Bullion future market has recovered from its early losses following the upward trend in US market where metal surged on the back go rebound in crude oil prices.On MCX, Gold Aug contract opened at Rs 12,674 per 10 grams as against its previous closing Rs 12,624, tossed in range of Rs .. read full article »

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Alex Mathew, head, research centre, Geojit Financial Services said, ``Nifty closed lower at 4,311 on weak European and Asian markets. Our markets were moving higher by 18.8% in the last one weak, showing slightly over situation. Nifty will remain in a range of 4,123 (50 DMA). A major upward or .. read full article »

Reliance Power, on consolidated basis registered a net profit of Rs 612.23 million for the quarter ended Jun. 30, 2008. Net sales were at Rs 744.43 million, while total income for the quarter was Rs 805.54 million. The company reported earnings of Rs 0.26 a share during the quarter On .. read full article »

Karnataka Bank, announced a substantial drop in standalone net profit for the quarter ended June 2008. During the quarter, the profit of the company declined 60.03% to Rs 207 million from Rs 517.90 million in the same quarter last year. The company posted earnings of Rs 1.71 a share during the .. read full article »

The bear market has led to resurgence in private equity deals. More than 150 deals are expected in the third quarter of 2008. Gainers & Losers | Earnings read full article »

In order to prevent misuse of lost and stolen card, RBI has asked banks to issue signature-laminated cards with photograph & pin number. Tips to guard credit card read full article »

NCDEX Sugar futures have witnessed profit booking on Thursday and closed up more than 1% mainly short covering, a report published by Kotak Commodity Services stated.The benchmark August contract ended up Rs 17 to close at Rs.1597 per quintal. The contract had hot a 3% lower circuit in the .. read full article »