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News Flash
  • Receives 2nd export order of 500 Logans for South Africa
  • FM sets up emergency panel to study liquidity situation
  • Special Panel Meeting on Monday
  • Sensex & Nifty have the worst week ever
  • Wipro down 22%, TCS down 20%, Infosys down 12%
  • ICICI down 28%, HDFC Bank down 18%, SBI down 9%
  • Sterlite down 31%, Tata Steel down 27%, Hindalco down 17%
  • HDIL down 43%, IBREL down 40%, Orbit down 38%
  • Realty down 24%, Metals down 22%, Bankex down 17%
  • Sensex down 16%, Nifty down 14%, Midcaps down 18%
  • Ashok Chawla is the Economic Affairs Secretary
  • Inflation is still a priority at this stage:Chawla
  • Govt, RBI to ensure liquidity crisis is addressed
  • Panic is over-reaction that needs to be addressed
  • Concerns over health of banks is just rumours
  • Seeing negative FII inflow in current year: Chawla
  • Don't expect FII inflows to improve in near term
  • Inflation is not less of a priority at this stage
  • Govt to provide windows for more capital inflows
  • RBI will use more instruments to improve liquidity
  • Inflation at 11.8% vs 11.99% for wk ended Sept 27
  • Do not expect banks to lower their lending rates
  • Expect liquidity management to remain a priority
  • Move is prompted by extremely tight liquidity
  • July IIP growth revised to 7.4% vs 7.1% earlier
  • August Capital Goods growth at 2.3% vs 30.8% (YoY)
  • August Mining growth at 4% vs 14.7% (YoY)
  • August Manufacturing growth at 1.1% vs 10.7% (YoY)
  • August IIP growth at 1.3% vs 7.4% (MoM)
  • Have liquidity of Rs.12,000cr in Intl subsidiaries
Updated : 12/10/2008 | 06:28 PM IST Moremore
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India may escape worst effects of crisis: RBI
India may escape worst effects of crisis: RBI
The Reserve Bank has warned that the global financial crisis can spread to India through equity and forex markets, while money, debt and credit markets could be impacted indirectly due to the continuing onslaught.
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Global Crisis
PE of half the Sensex shares drops to 10 or less
PE of half the Sensex shares drops to 10 or less
With the stock market taking a severe beating, the PE or Price Earning ratio of 15 out of 30 Sensex shares has dropped to ten or less as of Friday – October 10, according to the data available.
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hdil[PAPAN]
what is the future prospect of this company
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