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Friday, January 16, 2009

The Economic Times Daily Newsletter

Dated:January 16,2009
Top Headlines

HDFC cuts home loan rates by 150 basis points

With this cut, all floating rate loans are available at 9.75 per cent - the same level as they were in 2006. Real estate: A good hedge | Home office | Investment Tips


MMTC holds back investment in Maytas

MMTC has decided against investing in an SPV created by Maytas group for setting up an SEZ. Maytas in trouble | The Great Fall of Satyam


Satyam subsidiaries owe Rs 2,000 crore to PSBs

Govt will not prevent banks from taking possession of Satyam's assets as the law allows lenders to do so when borrowers do not repay. 'Executives have not fled'


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Murthy said that he had stopped commenting after the new set of directors took over Satyam.
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Confirming this ICAI has said it would take disciplinary action against the auditors and may even consider cancelling its licence. Funny side of Satyam saga!

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With this cut, all floating rate loans are available at 9.75 per cent - the same level as they were in 2006. Real estate: A good hedge | Home office | Investment Tips

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