Friday, April 11, 2008

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Papa John's to invest $62.5 mn in India
    NEW MOVE: Papa John's sees India as one of the priority markets and wants to invest $62.5 mn in India.Papa John's sees India as one of the priority markets.
Yahoo! spurns Microsoft, seeks AOL tie-up
    SHIFTING STAKES: News Corp is considering joining Microsoft in a bid for Yahoo.News Corp is considering joining Microsoft in a bid for Yahoo.
Oil prices surge to record high at $112 a barrel
    PRICE WOES: A surprising drop of $3.2 million barrels in US oil reserves sent prices spiraling.A surprising drop of $3.2 million barrels in US oil reserves sent prices spiraling.
Chennai’s real estate boom might just remain in papers
    UNDER CONSTRUCTION: The city's real estate developers are struggling to get clearance for projects.The city's real estate developers are struggling to get clearance for projects.
Heritage site tax holiday has no takers
    TEMPTING OFFER? It’s been two months since the Finance Minister announced a five-year tax holiday.It’s been nearly two months since the Finance Minister announced a five-year tax holiday.
Survey predicts slowdown in world economic growth
    IMF SURVEY: Predictions say the US economy will grow by just half a per cent, while India and China will be better off.IMF predicts world economy will grow at a slower pace in the next two years.
Citigroup to sell loans to shield bank from debt
    SELLING LOANS: The loans are a part of $43 bn in financing that Citigroup agreed to provide for leveraged buyouts.The step would shield the bank from further declines in the value of the debt.

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