Mritika Sen, the CBSE exam topper in 2009, gives her success mantras.
The study conducted by the US-based non profit organisation Center for Public Integrity has revealed that these 25 entities accounted for a whopping 72 per cent of subprime loans during the 2005-07 period. Topping the list is Countrywide Financial Corp which shelled out subprime loans worth $97.2 billion while CitiFinancial/Citigroup Inc' is at the 16th place and had generated $26.3 billion in such loans.
Ordinary folk, every newspaper and TV channel in the country, Congressmen (including the ones who were screaming for bank bailouts during 2008) and even people on the Wall Street (what an irony!) are furious that AIG should be paying some of its executives handsome bonuses while on the dole. The details of the AIG bailout that have been made public, reluctantly, by the government focus the spotlight more clearly on the faults of the system as a whole.
So far, neither Washington nor Wall Street seems to have fully grasped this political sea-change, or figured how to deal with it.
As Americans continued to oppose the bonuses in millions being doled out to executives of the AIG, which has received federal bailout package, American President Barack Obama said that the buck stops with him and rescuing countrymen from the crisis was his ultimate goal.
Communist Party of India-Maoist guerrillas on Thursday shot dead six persons of rival naxalite outfit, Sashastra People's Morcha, in Bihar's Rohtas district, the police said. The victims, involved in armed resistance against the CPI-Maoist, were renegade members of the organisation. The police denied that those killed were police informers.
While it's not difficult to fall prey to card fraud, individuals can protect themselves against losses.
Sources close to the development said the three companies have sought permission from the Insurance Regulatory and Development Authority for new motor insurance products and are expected to launch the add-on covers in the first week of January. Add-ons are expected to be in the form of a replacement vehicle or payment on a daily basis when the vehicle is out for repair, and reduced or zero depreciation.
Instead of being agents creating shareholder wealth, the corporations at the heart of this form of capitalism seem to have become instruments for enriching their managers by bilking their owners -- shareholders.
The US-based global financial company is understood to have shown a "keen interest" in helping the hospital, which has 140 acres in its land bank, to unlock the value of its real estate assets.
Low-cost carrier SpiceJet on Friday said it has launched a 'Home Away Insurance' for all its customers in collaboration with insurance firm Tata AIG.
We plowed through the financials of thousands of privately held companies to find the next pockets of trouble.
Indian infrastructure group GMR on Wednesday agreed to buy half of US power producer InterGen for about $1.1bn from an investment firm backed by American International Group and Highstar Capital.
Fund houses ape peers' products to lure investors. Popular themes are banked on to attract investors' attention.
These elite up-and-coming companies have more than just great financials.
Leander Paes and Lukas Dlouhy's bid for a second successive ATP title ended in disappointment after the top seeds were stunned by the Russian-German pair of Mikhail Youzhny and Mischa Zverev in the finals of AIG Japan Open in Tokyo on Sunday.
Leander Paes and Lukas Dlouhy edged towards back-to-back titles as they advanced to the finals of the AIG Open in Tokyo.
Bangalore-based IT outsourcing services provider MphasiS, an EDS company, is reducing hiring plans by almost 50 per cent.
The New-York based Goldman Sachs, one of the world's oldest and largest investment banking firms, plans to enter the buoyant mutual fund business in India.
Like the US, India too has a sub-prime market and it is booming. The success of early entrants like Citi Financial and GE Money has encouraged several others to enter the consumer lending business, nearly half of which is a sub-prime market.
NITIE, Mumbai, invites students and working professionals for Samiksha, a panel discussion event on Insurance Sector: Opportunities and Challenges.
Players may have to suffer underwriting losses this year.
Critical illness policies by life insurance companies provide a variety of combinations but have a complex fine print.
It is always advisable to have a health cover for your family and loved ones, says insurance expert Rajesh Sinha.
2006-07 saw mixed returns for mutual funds. Compared with the previous financial year, the returns have declined, mainly due to a fall in the stock prices. The net asset value of most equity funds fell nearly 10 per cent since January 2007.
India's IT capital, Bangalore now has an 'unhealthy' tag. Its stressful and hectic urban lifestyle has taken a toll on its people.
Through this online facility, these business communities can generate marine policies, manage them online and speed up documentation procedures in case of an emergency.
Wimbledon Champion Maria Sharapova overcame Mashona Washington 6-0 6-1 to claim the Japan Open.
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