Monthly Archives: April 2006

According to Daisuke Wakabayashi, Microsoft Corp. (MSFT.O: Quote, Profile, Research) posted a 16 percent rise in quarterly profit on Thursday but missed Wall Street expectations and set a disappointing profit target due to increased costs on products from Windows to … Continue reading →

The business confidence of India Inc has risen during the second quarter of 2006 compared with the previous period, according to the Business Optimism Index released by Dun and Bradstreet India today. In its survey, Dun and Bradstreet (D&B) has … Continue reading →

The additional burden of service tax on builder flats has become the latest irritant in the field of housing finance. People seeking home loans are now required to pay a hefty service tax in addition to the cost of the … Continue reading →

By I. Ramamohan Rao, Hannover (Germany): Asserting that India is at the cusp of a historic transformation, Prime Minister Manmohan Singh has said that the mechanism of an open market, "in an enabling environment of a free parliamentary democracy, has … Continue reading →

Hyderabad: Aimed at making the banking experience of farmers and rural population easy and comfortable, Andhra Bank is going to shortly introduce voice-interactive ATMs in the vernacular languages, according to the bank’s Chairman and Managing Director, Mr. K. Ramakrishnan. Addressing … Continue reading →

Wal-Mart Stores issued a statement this evening following today’s FDIC hearing on Wal-Mart’s application for an ILC bank. "We thank the FDIC for providing us the opportunity to clarify and correct much of the confusion and misinformation that exists about … Continue reading →