Wednesday, April 30, 2008

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Coke scores over Pepsi with IPL Mohali team deal
    NEW OFFERING: Coca Cola is launching a new fridge pack of 1.2 liters for Rs 30.Sources say Coke is considering an advertising campaign with the Mohali team.
Banks too are eyeing a piece the B-school pie
    BANKS LEND A HAND: Banks have made both acquiring and paying off loans easier for B-school students.Banks have done away with collateral and guarantors and increased loan amounts.
Another Fed rate cut likely today
    EXPECT CUTS: The US Federal reserve looks set to deliver a small interest rate cut late on Wednesday night.The announcement is expected at the end of the Fed's two-day meeting.
India Inc gives mixed response to PM's plea
    STRAIGHT TALKING: The PM exhorted industry leaders to share some burden to control inflation.The PM exhorted industry leaders to share some burden to control inflation.
RBI hikes CRR, but no change in interest rates
    GOOD NEWS: Home loans up to Rs 30 lakh will now get the benefit of lower risk weightage.With inflation above the 7-per cent mark, a hike in interest rates by the RBI wouldn't have been surprising.
Repo rates intact, loan rates unlikely to change
    KEEPING INTACT: The RBI said it is attempting to bring down inflation to 5.5 per cent in the next fiscal.There'll be no immediate change in home loan rates after the credit policy.

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