Sardana

Mundra UMPP casts a shadow on Tata Power

23 May 2012

The Tata Power stock corrected 5.3 per cent on Tuesday as investors turned nervous ahead of its results for the period ended March 2012. With the results coming in below expectations largely due to one-off items, on Wednesday, the stock fell further by as much as five per cent intra-day and closed with a net decline of 2.3 per cent.

Navigating an economic maze

18 May 2012

New Delhi, May 19 -- Call it the Big Squeeze. Galloping prices, a sliding rupee, sluggish job prospects and persistently high borrowing costs - families have been buffeted by a string of problems.On Friday, latest data showed that there has been no let up on the price front as retail inflation reached a worrisome 10.32% in April, pummelled by high vegetable and protein-based food items."Shopping ...

Delhi - [ Min 27.8 °C

18 May 2012

Call it the Big Squeeze. Galloping prices, a sliding rupee, sluggish job prospects and persistently high borrowing costs — families have been buffeted by a string of problems.