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However, higher rates will not impact demand if property prices remain stable, says HDFC’s Renu Sud Karnad Housing Development Finance Corporation (HDFC) expects interest rates on home loans to increase by 40-50 basis points by the middle of next year as inflation inches up, but that will not...

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While the franchisee model in power supply has helped to significantly reduce losses, there is room for improvement in areas like arrears recovery, bidding process and franchisee monitoring, says an NGO report Franchisee models for power supply could significantly help to cut down losses. This...

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Consumers who have applied for connections from Tata Power are facing problems with issues related to meter change and security deposits For the first time, consumers in Mumbai can now enjoy the right to avail services from the power utility of their choice. But this switchover from Reliance...

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While mobile number portability would help harassed subscribers to change their operators, for the mobile services providers it will result in high churn of subscribers Finally, mobile subscribers across the country will be able to keep their 'beloved' number unchanged despite changing their...

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Monopoly position enables international behemoths Visa and MasterCard to levy exorbitant costs on client banks The country’s central bank, the Reserve Bank of India (RBI), is considering putting in place a domestic card payment system that would handle all debit or credit card transactions in...

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Pankaj Kapoor, founder of Liases Foras, a real estate research firm, tells Pallabika Ganguly of Moneylife that real estate has become unaffordable again Moneylife: What is your view on the increasing prices of residential properties? Do you feel the market sentiment has improved? Pankaj...

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Data theft from the London Clinic has again put the spotlight on data security. Here is how to keep your data safe With the much publicised incident, especially in the Western media, of clinical data theft from the London Clinic, the issue of data security has come to the forefront once...

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HDIL is planning to pass the benefit of low commodity prices to consumers by not hiking the prices of its properties Housing Development and Infrastructure Ltd (HDIL) has said that it will not increase property prices following the decline in commodity prices such as steel and cement and would...

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Yogesh Sapkale Yogesh Sapkale 10 November 2009
By the time you read this article, Windows 7 would be there, out in the open riding on praises or curses. Here is a preview Microsoft Corp, the world's largest software company, is all set to release its most ambitious operating system (OS), ‘Windows 7’ (Win7) on 22nd October. Because of its...

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Under severe pressure arising from the tariff war, many mobile operators are trying to push more and more value-added services (VASs) by using their so-called 'power' gained from a huge subscriber base Recently, I found out many mobile operators are sending a communication to their subscribers...

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You’ve bought that dream car and driven home with it to much-adoring looks, many tentative backslaps and measured careful driving. A week goes by and you’ve picked up your first city scratch; the new car smell joins the rest of the city’s smells; the plastic is off the seats. At that stage, if...

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Customer convenience in the use of plastic money is imperative and in a move to significantly enhance this, the Reserve Bank of India (RBI) has now allowed cash withdrawal from point of sale (PoS) terminals across the country. All customers using debit cards issued in India can withdraw up to...

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Last month, the world’s first ‘registered’ and still active ‘.com’ domain changed hands, after completing its silver jubilee. On 15 March 1985, US-based computer manufacturer, Symbolics Inc, registered ‘symbolics.com’ through the appropriate domain name server (DNS) process, long before the...

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After playing unwarranted ‘political’ games and after delays upon delays, the government has finally announced the auction dates for third-generation (3G) telecom licences. Auctions for 3G-WCDMA spectrum (2.1GHz band) are scheduled to begin on 7th December followed by the auction of 3G-EVDO...

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Global automobile manufacturers are now falling over themselves to customise their products to suit the Indian market. Veeresh Malik takes a peep into the mind of the discerning local customer who is driving this metamorphosis It seems to be raining luxury cars and motorcycles in India...

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Come October and it is holiday time again. With swine flu cautions and recession blues keeping your purse strings tight, planning a holiday and choosing a suitable destination may seem quite a task. However, travel agencies are quite upbeat about good business this festive season and have worked...

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It is one of the few companies that seem unaffected by the economic slowdown, especially in the hospitality sector. Not a day passes when you don’t encounter Country Club India Limited (CCIL) either in the form of a strident sales pitch by a tele-marketer or view its chairman Y Rajeev Reddy...

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Western India Automobile Association has joined hands with Europ Assistance India (EAI), a global travel assistance network, to provide round-the-clock car breakdown services across the country. WIAA currently operates a breakdown service catering only to customers in Mumbai between 8.00am and...

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Lack of liquidity for builders will force real estate prices further down Realty prices, at last, are on the decline in Mumbai. The global story of meltdown in real estate prices, in general, and residential property prices, in particular, had not affected Mumbai until some time back either...

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The government is generating revenues through coercion – even from honest citizens. A report by Dr Nita Mukherjee I am not surprised that India has slipped several notches on Transparency International’s ranking of the most corrupt nations. Some people find it strange that it should happen at...

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