England drop in Fifa world rankings to 20th
The drop of 10 places following a poor World Cup means they are behind Bosnia-Hercegovina, Costa Rica and the USA. Spain have gone from top to eighth, with Germany leading the rankings for the first time in two decades. Scotland remain at 27th and Wales have dropped three places to 44th, while... read more »
High gold imports poop exports party biz
The yellow metal is back to haunt the economy with gold imports in June jumping 65.13 per cent to $ 3.12 billion from $1.88 billion in the same month last year, which in turn pushed the trade deficit to 11-month high of $ 11.76 billion last month. Exports grew in double digits for the second month... read more »
Tata fund buys stake in Shriram Properties for 468 crore
MUMBAI – Tata Opportunities Fund, the private equity fund of Tata Capital Ltd, has picked up Shriram Group’s stake in Shriram Properties for 468 crore. M Murali, Managing Director of the real estate company, told BusinessLine that with this deal, Shriram Properties will have a 41 per cent... read more »
Satyam fraud: Sebi penalty on Rajus is Rs 3,000 cr and counting but who wil...
On 7 January 2009, B Ramalinga Raju told the stock exchanges and market regulator Sebi that he had overstated cash and bank balances by Rs 5,040 crore as on 30 September 2008, shown non-existent interest earnings of Rs 376 crore in his books, and invented debtors (those who owed Satyam money) worth... read more »
