Mumbai: Net values of Indian equity funds fell more than half in 2008, giving up the entire gain made in the previous two calendar years, as the main stock index plunged 52.4 per cent to record its worst annual performance ever. “The fall was stunning and one of the major losses.. …

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Renowned astrologer Bejan Daruwalla feels 2009 will be a better year than 2008. Speaking to CNBC-TV18, he said 2009 will bring progress for people harbouring political aspirations but lagging behind. …

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MUMBAI: While 2008 saw India Inc tighten its purse strings to combat a slowing economy and liquidity crunch, the year also saw many corporates spending sizeable sums on buying back their shares. One and a half dozen companies, including bluechips like Reliance Infrastructure and DLF, hav…

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Year 2008 was rough. It was a year where past excesses and lack of foresight led to perhaps the greatest recession in history; a year of reorganisation of world powers; and a year that ended in terrorist attacks on India that called into question the effectiveness and adequacy of our gove…

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MUMBAI: The promoters of Satyam Computers, currently facing the wrath of shareholders over corporate governance issues, used to own as much as 25.60 per cent equity in the company till few years ago before reducing their stake in phases. A look at the shareholding pattern of the company …

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LONDON (AP) — World stock markets were seeing out 2008 in a bruised and confused state after a year of dizzying turmoil, with stocks in Europe and Asia little changed Wednesday in light trading. In very modest shortened New Year’s Eve trade, the FTSE 100 index of leading Brit…

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MUMBAI: It’s that time of the year when every one sits back and reminisces over the events and achievements. Unfortunately, 2008 will likely be considered the worst for the world-both on economic and personal fronts. For the financial markets, the year began on buoyant note, with the eq…

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MUMBAI: Snapping the winning streak, Indian markets ended lower on Wednesday after a choppy trade. Despite upbeat cues from global markets, traders aggressively cut their positions and remained light ahead of the New Year with major markets closed for long duration. One numerologist had a…

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Crude falls as bad economic news drowns out conflict in the Middle East and supply concerns COLUMBUS, Ohio (AP) — Oil prices fell Tuesday as consumer confidence in the U.S. hit an all-time low in December and home prices dropped sharply, with few signs that the real estate market h…

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Foreign institutional investors (FIIs) were net buyers of Rs 214.95 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 885.05 crore, gross sales totalled Rs 670.10 crore. Domestic institutional investors (DIIs) were net buyers of Rs 375.65 c…

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