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'It will be a long and slow recovery'
Devika Banerji / New Delhi December 6, 2009, 0:28 IST generic levitra

payday loans online
FDs fall out of favour with banks
If you think your money in savings bank account will be automatically converted into fixed deposits (FDs), think again. It may just happen that while you are thinking the idle cash may earn 6-6.5 per cent a year, the prevailing fixed-deposit rate for one-year funds, it may actually continue to fetch only 3.5 per cent.

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Taking the plunge
Murdoch - pay content: Rupert Murdoch’s promise to end the great news free-for-all is bold but risky. The media mogul is vowing to do at News Corporation what most of his rivals dream of — charge for access to all online news content. The flagging industry has seen profits disappear with the rise of the internet, a trend accelerated by the recession, and needs a powerful player to move first. But even Murdoch will find this endeavour tricky.
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IRB Infra bags NHAI project in Punjab

IRB Infrastructure Developers today said it has emerged as the successful bidder for a project of National Highways Authority of India (NHAI) in Punjab. - IRB Infra emerges lowest bidder for Rs 800 cr NHAI project - IRB Infra jumps on highway deal - IRB Infra is lowest bidder for NHAI"s Rs 1,200-cr project - IRB Infra gains over 3% on order hopes - On an expressway - IRB Infra ends up 2% on rise in net profit In a filing to the Bombay Stock Exchange (BSE), IRB Infrastructure Developers said that the company has received an official communication from NHAI, which declared the company as the successful bidder for the Pathankot-Amritsar (NH-15) project. However, the company did not disclose any financial details of the project. The scope of work includes, designing, engineering, construction, operation and maintenance of a stretch of Pathankot-Amritsar section, it said. As per provisions of the bid, the company is required to form a special purpose vehicle (SPV) within 45 days, it added. Shares of IRB Infra closed at Rs 183.55 on BSE, up 0.53 per cent from its previous close.


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