Dash for Cash

What a difference a few months can make in a world of globalised money. About seven months ago, businessmen all over the world were crying about the liquidity crunch. To deal with that, quantitative easing came to be the buzzword among central bankers, as they flooded the banking systems with billions of dollars. Now, the pendulum has swung to the other extreme. Following almost a 100% rise in...

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Low-cost homes: too far and no time limit for possession
Following in the footsteps of Tata Group and Unitech, the Future Group has also entered in to affordable or low-cost housing projects. Future Group's unit FH Residencies has formed a joint venture with Kolkata-based developer Sumit Dabriwal, for building affordable, branded, ready-to-move-in homes.

Kishore Biyani, founder and chief executive, Future Group said it intends to be a...

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Infosys Q1 net profit up 17.3%, sees 1.3% lower FY revenues
Infosys Technologies Ltd, India's second largest software company, Friday reported a 17.3% higher first quarter net profit on 12.7% growth in revenues, and said it sees its full year revenues between Rs214.2 billion to Rs217.5 billion.

For the quarter to end-March, the software company said its net profit rose to Rs15.3 billion from Rs13 billion while total revenues increased to...

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