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Saturday, January 17, 2009

The Economic Times Weekend Platter

The ET Weekend Platter offers the round up of the news that you missed during the week. We bring to you the most-read news, investment corner, stock wrap-up, issue that hogged headlines, editor's picks and the most happening trend stories from across sectors, for you to savour at your conveniance. Happy reading.
Big clients plan to exit Satyam

Analysts say clients are worried about continuity of their work being handled at Satyam where employees are looking for another job. Great Fall of Satyam


Citi posts $8.29 bn loss, splits up company

US govt has lent Citi $45 bn & agreed to backstop losses on $300 bn in mortgages. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE


HDFC cuts home loan rates by upto 150 bps

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


Story of the Week

Satyam fallout: US staff lose health cover, credit cards
US-based employees of Satyam have been asked to return their credit cards by an American financial institution.

Stock Round up

Sensex, Nifty end strong but turnover dismal
Key indices sprung back after a dismal session the previous day, cheered by signs the US govt would do whatever to prevent its economy.

ET Features

Satyam Hangover: Implications on India's Brand IT
With the Satyam crisis shaking the foundations of corporate India, here are the implications on the image of Indian IT and Brand India.

Beware of becoming your company's scapegoat
The method of elimination in companies is secondary. What matters is the reduction in headcount.

Personal Finance

Jeevan Aastha seen a good bet, taxwise
A five-year fixed deposit enjoys tax benefit up to Rs 1 lakh under Section 80C. However, the returns on these deposits are taxable.

Investors wary of equity, MF tax saving schemes
The latest Satyam fiasco has shaken their confidence in the stock market. People seem to be wary of equity linked tax saving scheme.

Corporate Trends

Epic Ambani legal tussle nears end
The legal tussle between Mukesh Ambani�s RIL and Anil Ambani�s Reliance Natural Resources is likely to be over.

Companies shy away from giving corporate benefits to staff
The special discounts on the purchase of automobile, food & jewellery among others that Satyamites availed of until recently , seem to be disappearing.

Visual Treat
M&M COO Pawan Goenka (L) and company's VC and MD Anand Mahindra pose for picture during the launch of 'Xylo' in Nasik on Monday. (PTI)
Editor's Pick
Most Read Stories
Offbeat

Amitabh blasts 'Slumdog Millionaire' on blog
Big B has slammed Danny Boyle's Golden Globe award winning drama "Slumdog Millionaire" for showing India in poor light.

Letter to the editor

Media & censorship
This refers to media reports on the new censorship laws proposed in the light of the coverage of the recent 26/11 events.

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