Monday, March 16, 2009

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Top Business News- IBNLive.com

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Looking to buy a Nano? Pay up for loan forms
    NOT SO CHEAP: This is the first time that a manufacturer will be charging a fee for a loan application.This is the first time that a manufacturer will be charging a fee for a loan application.
Don't see Satyam as going forward: iGATE CEO
    SATYAM SAGA: Phaneesh Murthy said iGATE is less concerned about Satyam's margins and more about revenues. Murthy says shareholder loss in Satyam could be around $100 mn.
India headed toward deflation: Goldman Sachs
    DEFLATIONARY TREND: The study says major components of the wholesale price index were showing a deflationary trend.The global consultancy has made the prediction based on weekly movement.
India can have 10pc growth with more reforms: Nomura
    BOTTOMING OUT? Nomura International expects India's growth to bottom out at  5 to 5.5 pc by next quarter.Newton expects some uptick in emerging markets in the 2nd half of '09.
G20 meet: Fin Mins commit to keep economies afloat
    WHATEVER IT TAKES: The highlight was a joint commitment to do all it takes to keep the world economy afloat.They have promised to raise funds available for emerging markets
Bailed out by taxpayers, AIG gives millions in bonus
    INSURED LOSS: People leave the American International Building, home to AIG's world headquarters in New York.Company that suffered $61.7-bn loss finds money to tip its employees.
US recession could end in '09: Fed Reserve Chaiman
    MONEY MATTERS: America is in recession since mid- 2008 which has led to job loss for many. Ben Bernanke is the Federal Reserve Chairman and is optimistic about future.

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