Thursday, March 19, 2009

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Top Business News- IBNLive.com

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Inflation at its lowest-ever level, down to 0.44 pc
    GOING DOWNHILL: Inflation fell to 0.44 per cent for the week ending March 7.Inflation fell to 0.44 per cent for the week ending March 7.
Emerging mkt cos to buy the most in next 2 yrs: E&Y report
    EMERGING MARKETS: A lot of good companies with decent balance sheets see the opportunity of getting assets.The survey says emerging economies will buy most corporate assets.
Small car, big delay: just 800 Nano cars ready
    STILL IN PRODUCTION: Tata Motors Nano car will be launched on March 23.Waiting for world's cheapest car may be up to one year.
US Cong wants AIG bonuses back
    TEE-THING TROUBLES:  AIG is being kept afloat by an estimated $200 billion of government money.Legislators explore ways to reclaim $165 mn from the company.
Outrage against AIG bonus may singe CEO
    PUBLIC MONEY: An AIG building in New York. Company under fire for giving employees bonus.US Congress, public want somebody punished for bonuses.
IMF sees India's growth rate slowing dramatically
    SLIPPING: IMF forecasts India's GDP grow by just to 6.3 per cent in 2008-09.IMF forecasts India's GDP grow by just to 6.3 per cent in 2008-09.
Cannot guarantee closure of 60 projects by '09 end: NHAI
    EXTENDING THE DEADLINE: NHAI's A Didar Singh says the projects should be completed by the end of 2010.Due to the financial meltdown only 22 road projects have got positive bidding.

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