I Dalal Street

Archive for May, 2009

Era Infra secures Order From Aravali Power

May 23, 2009 9:22 am

Era Infra secures Order From Aravali Power

Era Infra Engineering Ltd has announced that the Company has secured a contract from Aravali Power Company Pvt. Ltd (A joint venture of NTPC, HPGCL and IPGCL) valued at Rs 117,84,95,573 (Rupees One Hundred Seventeen Crores Eighty Four Lacs Ninety Five Thousand Five Hundred

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Home Prices in U.S. Fall 14% as Banks Sell Foreclosed Houses

May 12, 2009 7:53 am

The median U.S. home price dropped 14 percent in the first quarter from a year earlier as banks sold repossessed homes.

Prices fell in 134 of 152 metropolitan areas, the Chicago- based National Association of Realtors said today in a news release. The national median existing home price declined to $169,000 and distressed properties typically sold for 20 percent less than other homes on the market.

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UK jobless total hits 2.2 million

7:51 am

The number of people out of work in the UK rose 244,000 to 2.22 million in the first three months of 2009, the Office for National Statistics (ONS) said.

The jobless rate rose from 6.7% to 7.1%. Unemployment benefit claimants in April rose 57,100 to 1.51 million. The quarterly rises in the jobless rate and number were the biggest since 1981.

There were 455,000 job vacancies in the first three months of the year, which was down 51,000 from the previous quarter and 232,000

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Wall Street Book Closure for Dividend & AGM

7:33 am

Wall Street Finance Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from June 12, 2009 to June 19, 2009 (both days inclusive) for the purpose of payment of dividend & 22nd

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Muthoot Capital Board to consider Dividend

7:31 am

Muthoot Capital Services Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 21, 2009, to consider and approve accounts for the year ended March 31, 2009, recommendation of

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US car sales continue to suffer

May 2, 2009 1:46 am

US car sales continued to struggle in April as cash-conscious consumers remained reluctant to buy new vehicles, and the industry faced turmoil.

Chrysler saw a 48% drop in April sales from the same month a year ago, a day after seeking bankruptcy protection.

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Japan moves back into deflation

1:44 am

Japan’s economy has fallen back into deflation for the first time in more than a year, new data for March shows.

Gloomy figures also showed that the country’s unemployment rate moved to a four-year high of 4.8% in the month. Meanwhile the number of available jobs in the world’s second biggest economy has fallen to a seven-year

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