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Other raters react cautiously
Credit rating agency Moody's rating downgrade of State Bank of India caused markets to tremble a bit today. Other rating agencies, however, reacted cautiously to the move. Although international rating agencies typically tend to follow each other's rating moves that may not necessarily happen this time
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The Hindu Business line, All Editions* - October 05, 2011
*New Delhi, Chennai, Coimbatore, Bangalore, Hyderabad, Madurai, Kochi, Visakhapatnam, Thiruvananthapuram, Vijayawada, Mangalore, Mumbai, Tiruchirapalli, Kolkata |
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Allahabad Bank MoUs for strategic partnership
With Brickwork Ratings: Allahabad Bank has entered into a tieup arrangement with Brickwork Ratings (BWR) on July 25 at the bank's head office in Kolkata. The MoU is for promotion of creditratings of the bank's MSE borrowers and potential customers. It was signed by BK Srivastav, GM, Priority Sector Credit on behalf of Allahabad Bank and D Ravishankar, founder director for M/s Brickwork Ratings.
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| The Economic Times, Kolkata - 28th July 2011 |
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Shaking hands with a strong India
The capital market has just celebrated its largest IPO in Coal India. IT exports are still booming. Real estate remains upbeat. No wonder India is a darling of foreign investors.
The US President, Mr Barack Obama, is visiting a strong India this time round, unlike in the past. India has been growing at 9 per cent and emerged out of recession unscathed. Compared to their western counterparts... |
| The Hindu, Bangalore - 8th November 2010 |
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Government, a lucrative business
A government the size of Karnataka should yield Rs 3,000 crore a year, through kickbacks. The cost of purchasing legislators being about the same, the payback is swift and fabulous. No wonder, politicians are lethal businessmen.
The recent events in Karnataka showed how easy it is to take over or destabilise a government. MLAs are available for sale for Rs 25 crore each.
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| The Hindu, Bangalore - 28th October 2010 |
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Don't ignore small IT players
A large company in Bangalore had advertised for 300 positions. More than 15,000 engineers turned up at the walk-in venue, before the stipulated time. A stampede was reported recently in the engineering college where the candidates were interviewed. In a country which shows about 9 per cent growth, we see over 14,700 candidates not getting jobs. What is the ground reality?...
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| The Hindu, Bangalore - 15th October 2010 |
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