Archive for the 'Indian Economy' Category

Expect A “Good” Budget : Laloo

One day before the railway budget is announced, railway minister Laloo Yadav has stated that people can expect a “good” railway budget and that interests of all sections of society have been kept in mind while preparing the budget.
He also added that safety and security issues have also not been neglected.
Laloo did not talk about [...]

February 25th, 2007 | Posted in Indian Economy | No Comments

What Corus Sum Can Do

Tata Steel’s recent purchase of Corus is the largest international buyout by an Indian firm.
The $12.1 billion that will be used by Tatas is not a small amount.
An article in the Times of India presents some astonishing figures:
The amount used by Tata steel for the purchase – Rs 54500 crore can be utilized for [...]

February 5th, 2007 | Posted in Indian Economy | No Comments