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Heavy disbursals give bank credit a big push
Fortnight ended July 31 witnesses Rs 29,500-crore jump.

Goldman Q2 profit surges 65% to $3.44 bn
Investment banking major Goldman Sachs today reported huge profit of $3.44 billion for the second quarter ended June, bolstered by stellar performance in trading operations.

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Chai, chai
It may be India’s most popular beverage, but not everyone can make a good cup of tea. Or pick the finest leaves, for that matter. The Indian luxury market is flooded with a wide variety of specialty teas — and we pick a few of the best, ready to brew, from some of India’s finest tea makers.
Small Business

Apple to make major product announcement in Jan: report

Global IT firm Apple is likely to make a major product announcement at San Fransico next month. - Apple CEO Steve Jobs takes $1 salary in 2009 - Be gadget wise for 2010 - Mukesh Ambani ranked 5th best CEO in the world - Mukesh Ambani ranked 5th best CEO in the world - E-book readers likely to take off in 2010: Gartner - Phoenix Hospitality inks pact with Marriott International According to a Financial Times blog, Apple is expected to make a major product announcement on January 26, 2010. The company has rented a stage at the Yerba Buena Center for the Arts in San Francisco for several days in late January, the report said citing people familiar with the plans. Attributing to investment banking firm Piper Jaffray analyst Gene Munster, the blog said, "We believe there is 75 per cent likelihood that Apple will have an event in January and a 50 per cent chance that it will be held to launch the Apple Tablet." Apple tablet could be a sort of large-scale iPhone that has additional features for viewing video and reading books and magazines.


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