Business Daily from THE HINDU group of publications Sunday, September 21, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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MONEY & BANKING DEBT MARKET: Bonds: Duration and rate risk When you buy a bond, you are subject to interest rate risk. It is the risk associated with changes in market interest rates (also known as the current yield) after the bond has been ... FOREX: Weakening Re brightens export prospects of auto makers Cos revising export targets, exploring new markets. Mumbai, Sept. 20 A weakening rupee has set Indian automobile companies revising their export targets, reviewing future outlooks and exploring new markets to push overseas ... GENERAL INSURANCE: Why some insurance claims are not payable Last week a friend called to say that his Ford Ikon had been stolen and he didn’t have theft coverage for his car. A few hours later he called back. The car had been found! But the thief had crashed it. “Thank God” he told ... FOREX: Tyre cos mull shift in raw material sourcing base as rupee falls Steep increase in input prices in the last few months. New Delhi, Sept. 20 Domestic tyre makers are considering a shift in their raw material sourcing base as they prepare to negotiate the October-December ... PUBLIC SECTOR BANKS: Bank of Baroda to trim operational costs by 10% this fiscal Mumbai, Sept. 20 Bank of Baroda is looking to cut operational costs by 10 per cent this fiscal in an attempt to shore up profits, which have been hit by falling ... TRADE & LABOUR UNIONS: Bank unions set on strike New Delhi, Sept. 20 Bank unions are all set to go ahead with the all-India strike called for September 24 and 25. This follows the conciliatory talks on pension option and banking reforms related issues, held between the Indian ... PRIVATE BANKS: Yes Bank: Buy Investors with a two-year perspective can consider buying the stock of Yes Bank at the current price (135.65). The bank trades at 3 times its June 30 book value and 20 times its FY-08 earnings; at 15.8 times its FY-09 earnings and 2.4 times ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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