Office rentals in India fell by 10%: CBRE

NI Wire,    Wed, 6 May 2009
The worsening global meltdown has severely hurt the global economy especially the reality sector as the office rental prices in major Indian cities have fell down by up to 10% during the first quarter (Q1) of the 2009.

CAG to change the format of govt accounting

NI Wire,    Wed, 6 May 2009
The Comptroller and Auditor General of India (CAG) is considering to change the format of recording government finances from cash to accruals - the transaction are recorded as they occur not like cash where transactions are recorded

MF assets grow 11.7% in April 09

NI Wire,    Wed, 6 May 2009
The mutual fund industries in April recorded the largest growth in Average Asset Under Management (AAUM) after January 2008, when the stock market began to crash.

Maruti 'Ritz' all set for launch

NI Wire,    Wed, 6 May 2009
Maruti Suzuki, India's leading car maker, on Tuesday announced to launch its new hatchback 'Ritz' on May 15. Placed in the premium-end of the compact car market, it would be India?s first BS-IV compliant passenger car.

India still to grow by 6.1-6.5% in FY09: CII

NI Wire,    Mon, 4 May 2009
The Confederation of Indian Industries (CII) has estimated that India would grow by 6.1-6.5 per cent during 2009-10 despite the ongoing recession.

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