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Tracked by: 0 Boarder
RBI in future will not give money in the hands of Realtors. They made artificial bubble by hiking realty prices to the point of madness. If Indians don`t buy houses for a year, the realty market will crash by 50%.
It pains me to see that young couples mortgaging their 20 years income for repayments. Realty shares will now bounce only in 2010....
In reply to:
Liquidity, not demand main concern: Realty experts
Posted by :
saurabhdgupta
these realty wallaha have made killing in last 4 yrs based on unrealistic prices fuelled by stock market manipulation. It is good that we have a recession..atleast they would be brought back to earth and along with bring down the prices to realistic levels...it is good to see realty wallahs bleed..there shud be no mercy on them..by buyers,banks n governement. 
Tracked by: 0 Boarder
these realty wallaha have made killing in last 4 yrs based on unrealistic prices fuelled by stock market manipulation. It is good that we have a recession..atleast they would be brought back to earth and along with bring down the prices to realistic levels...it is good to see realty wallahs bleed..there shud be no mercy on them..by buyers,banks n governement....
In reply to:
Liquidity, not demand main concern: Realty experts
Posted by :
MMB Messenger
Niranajan Hiranandani, M-D, Hiranandani Constructions said the real estate sector is facing liquidity crunch as banks are not dispersing credit to the sector. While, Ravi Ramu, Director of Finance, Puravankara Projects said affordable housing project will attract large demand, adding that 15,000 homes are seen to come into the market.
Tracked by: 0 Boarder
Niranajan Hiranandani, M-D, Hiranandani Constructions said the real estate sector is facing liquidity crunch as banks are not dispersing credit to the sector. While, Ravi Ramu, Director of Finance, Puravankara Projects said affordable housing project will attract large demand, adding that 15,000 homes are seen to come into the market. ...
Tracked by: 0 Boarder
Niranajan Hiranandani, M-D, Hiranandani Constructions said the real estate sector is facing liquidity crunch as banks are not dispersing credit to the sector. While, Ravi Ramu, Director of Finance, Puravankara Projects said affordable housing project will attract large demand, adding that 15,000 homes are seen to come into the market. ...
Tracked by: 0 Boarder
Is job cut the only solution to coverup the losses...
In reply to:
Citibank to slash 50,000 more jobs globally
Posted by : MMB Messenger
Citibank is slashing 50,000 more jobs all over the world. Vikram Pandit, Citigroup Chief Executive made this announcement at a meeting of employees in London. Citibank has already axed 23,000 jobs this year in an attempt to offset losses of about USD 20 billion. Citigroup, which has over 3 lakh employees, plans to cut 14% of its workforce.
Tracked by: 0 Boarder
Citibank is slashing 50,000 more jobs all over the world. Vikram Pandit, Citigroup Chief Executive made this announcement at a meeting of employees in London. Citibank has already axed 23,000 jobs this year in an attempt to offset losses of about USD 20 billion. Citigroup, which has over 3 lakh employees, plans to cut 14% of its workforce....
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Reliance Retail just began business several months ago. Order declines could just be part of their learning process of what is and what is not selling in their stores. Taking one example and generalizing it appears a means to the end of creating sensational news for no valid reasons. How often have you visited a new age superstore and realized that some shelves are just not moving and if that merchandise is not re-ordered its not GLOOM my friend....
In reply to:
Has Reliance Retail cut orders?
Posted by : MMB Messenger
In the retail space, it’s not just retail giant Wal-Mart that has cut down on its procurement, Reliance Retail seems to have cut down on its sourcing. As much as 25% of its sourcing from suppliers has been cut down.
Tracked by: 0 Boarder
Reliance Retail just began business several months ago. Order declines could just be part of their learning process of what is and what is not selling in their stores. Taking one example and generalizing it appears a means to the end of creating sensational news for no valid reasons. How often have you visited a new age superstore and realized that some shelves are just not moving and if that merchandise is not re-ordered its not GLOOM my friend....
In reply to:
Has Reliance Retail cut orders?
Posted by : MMB Messenger
In the retail space, it’s not just retail giant Wal-Mart that has cut down on its procurement, Reliance Retail seems to have cut down on its sourcing. As much as 25% of its sourcing from suppliers has been cut down.
Tracked by: 0 Boarder
Reliance Retail just began business several months ago. Order declines could just be part of their learning process of what is and what is not selling in their stores. Taking one example and generalizing it appears a means to the end of creating sensational news for no valid reasons. How often have you visited a new age superstore and realized that some shelves are just not moving and if that merchandise is not re-ordered its not GLOOM my friend....
In reply to:
Has Reliance Retail cut orders?
Posted by : MMB Messenger
In the retail space, it’s not just retail giant Wal-Mart that has cut down on its procurement, Reliance Retail seems to have cut down on its sourcing. As much as 25% of its sourcing from suppliers has been cut down.
Tracked by: 0 Boarder
In the retail space, it’s not just retail giant Wal-Mart that has cut down on its procurement, Reliance Retail seems to have cut down on its sourcing. As much as 25% of its sourcing from suppliers has been cut down....
Tracked by: 0 Boarder
Did you ever struggle to follow the unfamiliar accents in an English movie? Or fretted over that dialogue you didn`t hear well? Sit back, relax and get ready to read your movie.
...
Tracked by: 0 Boarder
Some friends tell me that Suzlon story is a big fairy tale woven by a shrewd management with brokers help...something like Enron.. Hope this is not true....
In reply to:
Eco summit: Cos rule out layoffs but defer investment plans
Posted by : MMB Messenger
On the second day of the India Economic Summit, the Heads of leading corporates sounded very cautious. No major layoffs have been planned, as of yet. There are no retrenchments plans either. Most corporates feel that there is a scope to cut interest rates further.
Tracked by: 0 Boarder
On the second day of the India Economic Summit, the Heads of leading corporates sounded very cautious. No major layoffs have been planned, as of yet. There are no retrenchments plans either. Most corporates feel that there is a scope to cut interest rates further....
Tracked by: 0 Boarder
Its is best news for TTML Share holders since its IPO, and best time to get in. i have no doubt that TTML would trade in three digits in twelve months time just wait and watch......
In reply to:
Tata Tele-NTT DOCOMO deal: What`s it about?
Posted by : MMB Messenger
NTT DOCOMO Inc would pick up 26% stake in Tata Teleservices for USD 2.7 billion. The deal is a combination of fresh equity and stake sale by existing shareholders. The deal values Tata Teleservices at USD 10.4 billion. TTSL has a subscriber base of 30 million.
Tracked by: 0 Boarder
why are steel companies afraid of chinese material. if they can produce cheaper then why cant india. IRON ORE is free from mines only royalty is to be paid. why are the steel companies afraid of competition. due to chinese imports steel will be cheaper in india and everybody can afford it. infrastructure works, common man building a house plus a check on indian steel industry. ...
In reply to:
Steel Min asks for 10% import duty; SAIL denies prod cuts
Posted by : MMB Messenger
The Steel Ministry has proposed to the Finance Ministry for a 10% duty to be imposed on steel imports and is hopeful of a solution soon. Even as steel companies globally are cutting production as demand slows down, SAIL Chairman SK Roongta said the company`s production has always been oriented directly to the demand.
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