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Warren Buffett -- most generous American billionaire October 23, 2008 Warren Buffett, known for his legendary investments and philanthropic activities, heads the 50 most generous American billionaires list prepared by leading US magazine, Conde Nast Portfolio. He has edged past his friend...

In another sign of deepening financial crisis, Stearns Bank will acquire the failed Georgia-based Alpha Bank and Trust, making it the 16th American bank to fall this year. On Friday, the US authorities seized the operations of Alpha Bank. "Alpha Bank and Trust, Alpharetta, Georgia, was closed...

The MCX-SX on Friday witnessed a record jump in terms of number of Currency Futures traded in a single day with a whopping 125,563 contracts. It recorded its highest volume of Rs 615.30 crores Out of which 1,21,751 contracts were traded for the near November contract while 3812 December...

Everything that goes up must come down. And if you want proof of this statement, you need look no further than the Sensex. After December 2007, it keeps inching upward only to once again fall flat on its face. This roller-coaster ride of Sensex has probably given equity fund managers cardiac...

Commodity Online NEW DELHI : Gold prices breached the 14K-mark in India on Friday as festival buying intensified amid crumbling equity markets across the world. Standard gold rose by Rs 350 per 10 grams to 14,200 per 10 gram in the opening session here in the bullion market here from Rs...

Commodity Online NEW DELHI : One lakh twenty seven thousand and twenty three (127023 ) currency contracts were traded on the National Stock Exchange on Wednesday with a best buying price of Rs 47.9225 and selling price of Rs 50 as against the RBI reference rate of 48.7400. One lakh fifteen...

Bankers Might Need 50 Years to Regain Credibility: Joe Mysak Commentary by Joe Mysak Oct. 7 (Bloomberg) -- Discredited and vilified. Those are the words that can begin to describe the people most Americans would term ``bankers.'' Rarely has a broadly defined category of occupation sunk so...

NEW DELHI: Booming construction across India has led to a surge in steel demand that imports of steel to the country have shot by 50 per cent to touch 3 million tons this year. Demand for steel in India is expected to reach 109 million tons by 2012-13 whereas government has envisaged a total...

NEW DELHI: Booming construction across India has led to a surge in steel demand that imports of steel to the country have shot by 50 per cent to touch 3 million tons this year. Demand for steel in India is expected to reach 109 million tons by 2012-13 whereas government has envisaged a total...

MUMBAI: Currency Futures trading in India (at the NSE) is barely a month old ( already attracting good responses ) and two more exchanges gearing up for trading, the business is surely going to attract nation wide interest. The exchanges which got approval for trading, (NSE, BSE and the MCX...

CHENNAI: Exchange traded currency derivatives would provide an excellent opportunity to hedge currency risk for corporates and individuals" according to Huzan Mistry, National Stock Exchange (NSE). Addressing the Session on 'Exchange Traded Currency Derivates Market', organised by the...

After Bear Stearns, Merrill Lynch, Lehman Brothers and AIG, the international media was buzzing with rumours that Morgan Stanley could be the next victim. Some reports stated that it was weighing a merger with Wachovia Corp. while others cited China's CITIC. As a result, the stock has been...

Hello All, I strongly feel that Work Experience must be there b4 doing MBA The main reason behind it is Focus. due to work Experience u know wat u r?, wat u want?, How u will get it? Moreover the Thniking process of Fresher is usually naive, immature at times. With work Ex U learn to deal...

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Is Morgan Stanley next? After Bear Stearns, Merrill Lynch, Lehman Brothers and AIG, the international media is buzzing with rumours that Morgan Stanley could be the next victim. It’s not surprising that the stock is facing a lot of turbulence on Wall Street and has taken a sound beating over...

A Stampede of New AMC's Over the next few months, the number of mutual fund companies operating in India is set to go up sharply. Right now, there are 35 fund companies (or Asset Management Companies--AMCs) that are operating in this country. In another few months, there are as many as 20 new...

Well I havnt done BMS so cant help u... Sorry.

Currency Futures: Advantages and benefits Currency Futures trading entered its second week in India and already proved to be a success within this short time period. However, common man is yet to get acclimatized with Currency Futures in general and particularly with advantages it provides...

How India became a niche coffee player? By Sreekumar Raghavan It is believed that saint Baba Budan of Mysore brought coffee to India while returning after a pilgrimage from Mecca. He had actually smuggled the coffee seeds to India. Therefore, looking at from a historical point of view...

What is unique about India's deepest port? Commodity Online HYDERABAD: After going through five to seven years of land acquisition problems and problems related to land acquisition India’s deepest port , the Port Gangavaram has become a reality. This green field port was developed on a...