HOME PAGE (The Hindu) HDFC Bank hikes prime rate to 13.5% HDFC Bank has hiked its benchmark prime lending rate by 1.5 percentage point cent to 13.5 per cent effective December 20, the bank said on its Web site. The bank last raised its PLR in June. It has also raised deposit rates by 50-75 basis ...
Japan's NEC restates loss (The Globe and Mail) TOKYO ? Japanese electronics maker NEC Corp. said Friday its group net loss for the fiscal first-half was about $20-million worse than it reported a month ago.
East end of street slow to develop (The Herald-Sun) CHAPEL HILL -- West Rosemary Street continues to attract developers with visions of new homes and commercial space dancing in their heads, but where's the love for East Rosemary?
Films move to the fore on First Night (Boston Globe) Organizers of next weekend's First Night celebration have gone all out with film programming this year, scheduling more than 50 short- and feature-length films for the city-wide party next Sunday. Even if you've got other plans for the evening, the programs start at 1 p.m. and present a wonderful selection of the year's local and international highlights.
In need of an assistant? (Palm Springs and Coachella Valley Local News and Guides) Sasson Sarooei's father-in-law was coming to town, and Sarooei had plans to take his wife and in-law on a trip to Napa Valley wine country. One highlight would be a visit to an exclusive restaurant he'd frequented on past visits to one of his favorite parts of California.
Week ahead in Mkts: Support at 3750 to hold (Business Standard India) Unless volumes climb, the likeliest move this week for the Nifty will be between 3750-3925 points. The market landed somewhat lower after a week of volatile trading. The Sensex closed at 13471, with a loss of 1.05 per cent.