Tag: Sub Prime Crisis

Realtors may cut prices by 30%

DLF, Unitech and other real estate developers may lower prices by 30% by mid-2009 to nudge buyers out of their “wait and watch” stance, according to experts. The price cut, if implemented by the country’s builders will also push sales higher, especially of the affordable category, property consultants said. ”Many developers will come down on […]

TCS Reserves 1900 Crore For FY 08-09

Tata Consultancy Services (TCS), India’s leading software exporter, pronounced that it has reserved a capital expenditure plan of One thousand nine hundred crore rupees for the existing fiscal (2008-09). In an pronouncement, the company said that the capex is 35.7% higher than the last year’s capex of Rs 14 billion. Mr. S Mahalingam, Chief Financial […]