Archive for August 24th, 2008
‘Nano Homes’ Next??
Sunday, August 24th, 2008While almost everybody knows about Tata’s Nano, which has become synonymous with the ‘small car,’ many may not know about a ‘nano house’. What is this new concept in housing segment? Let us study this subject.
Interest Rate Spiral Sends Spinal Chills
Sunday, August 24th, 2008When N. Radha availed herself of a home loan for Rs.10 lakh three years ago, the floating interest rate was around 8.25 per cent for a 15-year tenure. And she perhaps, could not have imagined that in a matter of years, the equated monthly instalment (EMI) would shoot up from her estimated Rs. 8, 000 […]
Vizag’s Beauty Spot May Disappear Soon
Sunday, August 24th, 2008The pristine beauty of the Yarada Hills overlooking the Bay of Bengal has inspired great poets including Rachakonda Viswanadha Sastry, Arudra and Sri Sri. Film directors have also chosen this locale to picture duets since the hills form a perfect backdrop for young lovers to sing and dance. But if authorities have their way, all […]
ICICI Cutting Costs Aggressively
Sunday, August 24th, 2008Caught in an atmosphere of uncertain growth and rising costs of essential services, India’s largest private sector bank is cutting costs aggressively. ICICI Bank is shifting thousands of jobs from Mumbai to Hyderabad. The bank is also cutting down on banking hours in several branches and curbing staff reimbursements such as phone and conveyance bills.
Hyderabad To Have Metropolitan Status
Sunday, August 24th, 2008Hyderabad will now have metropolitan status with the launch of Hyderabad Metropolitan Development Authority (HMDA) here on Saturday.