The India Street

New India Street Design Coming Soon!

Just want to give everyone a look at our new design to be implemented shortly. The site will focus on India Investments, videos and tie our new social stock picking Facebook application to the site. Facebook just opened up this feature and we plan to display the social stock picking results right on India Street. We will also have a password protected area for stocks picks by our experts who last year returned our readers 3 rupees for every 1 invested.

New India Street FaceBook Application Ready to be Launched

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WE'VE LAUNCHED! CLICK HERE

I am very happy to announce that India's first social crowd stock picking tool will be on Facebook relatively soon. By the end of the month, we will launch a Facebook application that will enable all of you to share stock tips, see community picks, and gauge stock trends based on community sentiment. Moreover, the system will begin to rank you as a stock picker and open up doors to you never before seen in India. Imagine an investment house looking for talented investment managers perusing our top 50 stock pickers. Imagine the ability to invest in stocks that the top 50 are investing in.

Anil Ambani to foray into investment banking

Anil Ambani all set to become the next big deal maker. According to sources, with India Inc making acquisitions worth at least a billion dollar every month, the Reliance ADAG Group is ready for a foray into investment and merchant banking advisory services.

Bharti Enterprises all set to open its first retail store by March 2008

By Avadh Singh

Bharti Enterprises is all set to open its first retail store in India by the March 2008 and plans to open a minimum of six stores by the end of that year.

500 affordable flats ready for sale by next month in Mumbai

By Avadh Singh

It has come into the notice of The India Street that in Mumbai, where unreal property prices have elbowed middle-class property buyers out, around 500 affordable flats will be ready for sale by next month. Initial signs are that the flats are in a price range of Rs 7-10 lakh and are spread across Sion, Vikhroli, Powai, Goregaon, Malad and Dindoshi.

Indian finance ministry working on increasing the duty drawback rates

By Vipin Agnihotri

It has come into the notice of The India Street that the contours of a support package for exporters are getting clearer with the Indian finance ministry working on increasing the duty drawback rates to assist textiles exporters cover a part of the damage because of the appreciation of the rupee.

Overseas borrowing costs of Indian companies all set to increase

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By Vipin Agnihotri

Lucknow, India: If the Indian government fails to meet its deficit reduction targets, the overseas borrowing costs of Indian companies could increase over the next two years. You may ask: Why is it so? This is because failure to meet deficit reduction targets can adversely impact the sovereign credit rating of the country.

INDIAN STOCK MARKET – AN OUTLOOK

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By Sundaramurthy Vadivelu
Important Disclosure

India Real Estate Jitters

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By F. Colton

I have recently read about a few laws the India Government has passed to slow the real estate market in India. The false claim that too many foreign real estate funds are driving up real estate values is complete rubbish. First and most importantly, I can count on two hands the number of foreign real estate funds that have actually invested money on a real estate project in India. It's just not happening like the media claims. Foreign Real Estate funds find the India market appealing, but it still lacks the transparency available in other more mature markets.

HDFC Bank to go Rural

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By Vipin Agnihotri

HDFC is chartering an aggressive expansion plan to leave footprints in all districts in the most populous state of the country, Uttar Pradesh in a phased manner. The bank is all set to come up with hub and spoke model to reach out to its prospective rural clients. Neena Singh, executive vice president of the bank pointed this out in an exclusive chat to The India Street.

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