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Eight of top-10 firms lose Rs 85,000 cr in m-cap
Eight out of the 10-most valued firms saw their market capitalisation (m-cap) tumble by as much as Rs 85,000 crore till date in 2010, as the stock markets witnessed a down-slide.

Fiscal deficit for April reaches 16% of govt estimate
Excise collections for April have been badly hit, resulting the fiscal deficit touching 16 per cent of target in the very first month itself, which could douse expectations of interest rate cuts.

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Good company
As per our company’s policy, the officers in our grade and above are provided with car, for their official and personal use. The eligible officers are given a choice to select model and colour of car, from the makes identified for their grade. The available car models (only petrol) are: Hyundai Verna Xi, Ford Fiesta ZXi, Maruti SX4 VXi and Chevrolet Aveo 1.4. We are requested to choose only one of the vehicles mentioned above. After the expiry of five years, the officer can buy the car originally provided at five per cent of the purchase cost. What would you advise?
International Business

India to take up with Pak spoofing of ultras' satellite phones

India today indicated that it would take up with Pakistan the issue of spoofing of terrorists" satellite phones which hamper efforts to track them. "We always take up (issues) whenever something bothers us or Pakistan. We always take up (issues) mutually," External Affairs Minister S M Krishna told reporters here. On whether he was satisfied with the actions being taken by Pakistan, he said "it is not the question of my satisfaction. It is the question that we have to live as neighbours."


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