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Money India - Currency Exchange Online

Money India Articles

2007-01-03
Domestic airlines reach for global skies
Economic Times, India - 13 hours ago Most airlines are losing money on their current operations and hope that the international flights will help funnel passengers into ”Air-India currently has
Most airlines are losing money on their current operations and hope that the international flights will help funnel passengers into their domestic network. Margins can also be higher on some routes. ”Air-India currently has only a 20% share of the international air traffic out of India, with the remaining being with aggressive airlines from around the world who are taking away traffic now by connecting non-metros like Ahmedabad and Hyderabad,’’ says Captain GR Gopinath, managing director of Air Deccan.

2007-01-02
Gopal has a heavy cross to carry
Hindu, India - 11 hours ago "I'll retire next year, but my wife and I have already exhausted our PF money.". gets a sponsor or some assistance from the Sports Authority of India which is
"I told him that he had to find the reason for this, that he had to do some introspection and that he should do it himself," the Chennai-based IM said. "He said... `there is always the next tournament.' Gopal has not driven away all these end-of-tournament ghosts entirely, but I see a new confidence in him," Koshy added. "And yes, I think he will be a GM within the next one year."

2007-01-01
After a great '06, 2007 will be a tricky year for investors
Daily News & Analysis, India - 14 hours ago If that happens, initially, some money could also flow out of emerging markets, including India. But, a soft landing should bring more money into India.”.
With regards to investment in listed real estate companies, a real estate consultant says: “Some stocks may see a correction, because fundamentally the demand is very strong and it may be very difficult to implement the projects. And hence, profit projections may go haywire. Investors should hence, concurrently keep a watch on the company’s progress in scaling up its capacity to build and deliver projects as per plans-an important element that will decide future valuations.”

2006-12-31
Vodafone to fire off new Indian bid
The Observer, UK - 7 hours ago 'Bidding silly money will remind Analysts also believe that Tata of India could raise its offer for Corus, formerly British Steel, after hedge funds piled into
Vodafone is prevented under Indian takeover laws from owning more than 74 per cent of Hutchison Essar so it needs to find a partner. One option is for Vodafone boss Arun Sarin to persuade the Ruia brothers to support the UK company's bid by dropping out of the auction. The other contender for Hutchison Essar is Reliance Communications, India's second-largest mobile company, which is expected to team up with a private equity firm such as KKR or Texas Pacific. A City banker said: 'Reliance is a serious competitor and it is not inconceivable that Sarin will be forced to walk away.'

2006-12-28
India 360: Bharat's reformer Lalu
CNN-IBN, India - 4 hours ago The panelists will now tell us what they feel about Lalu as India's newest economic to get the best for the customer and also to make maximum money for the
Laloo Prasad, India's Union Minister for Railways, is now a management guru. No less than students from Harvard and Wharton - two of the world's best business schools have come to seek his advice on management and to ask how he managed to turn around that shambling leviathan known as the Indian Railways and actually manage a revenue surplus of Rs 13,000 crore. Is this social justice private limited?

2006-12-27
Charity capers
Daily News & Analysis, India - 14 hours ago But how much of this money actually reaches the intended victims two years after the killer tsunami hit the shores of Asian countries, including India, and took
The situation in other countries is somewhat worse. In Thailand, for example, seven donor countries have submitted a joint complaint about the alleged disappearance of an estimated 1 million dollars in donations intended for victims of the tsunami. Allegations such as this one, alas, are not unknown in India and the worst is that it is not only the government machinery — due to inefficiency or malfeasance — that swallows funds. Even non governmental organisations have their black sheep. Stories of the lavish lifestyles and huge administrative costs of some NGOs give Egenuine charities a bad name.

2006-12-13
India's Sensex Tumbles on Factory Output: World's Biggest Mover
Bloomberg - 11 hours ago of India on Dec. 8 asked banks to set aside cash equal to 5.5 percent of deposits starting Jan. 6, up from 5 percent now. The measure, aimed at curbing money
``These sell-offs in India are always quite spectacular,'' said Palmer, who oversees $3.5 billion as head of global emerging- market equities at Gartmore in London. ``The market has been quite strong and the Indian market has been prone to these kinds of bouts'' of speculation. The central bank's move helps to ``explain how sharp the drop was.''

1. Sattion dollars: how Hindu nationalist organizations fund ethnic violence in India with money raised in the U.S
at first glance, it seemed like a typical rubber-chicken political dinner. [ILLUSTRATION OMITTED] Giant Indian and U.S. flags draped downwards and ...

2. Talk About Travel; Hotel room highs and lows, romantic Williamsburg, changing money in India…
Byline: The Flight Crew The Post''s Travel Section Flight Crew will take your comments, questions, suspicions, warnings, gripes, sad tales and happy ...

3. Abu Dhabi firm to offer non-resident money transfers to India via mobile phone
UAE Exchange, one of the leading remittance and exchange companies, has tied up with C-SAM, a company founded by Sam Pitroda, to provide remittance facility through mobile handsets, said Mr B R She

4. Air India witness donated money in plot to kill Indian Prime Minister Indira Gandhi
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD A prosecution witness in the Air India bombing trial has said that he donated money ...

5. Air India witness denies money is motivation for testimony
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD An FBI informant giving evidence in the Air India bombing trial has denied that money ...