<< Missing of Export Targets giving ... << FIEO Predicts 10 Million Job Losses...
Instability in equity and Debt markets divert funds to Cos FDs

Neha Dhamija


The volume of ‘corporate public deposits market’ has doubled from where it stood six months ago. The value is expected to shoot up from Rs.700 crore a month to about Rs.1500 crore a month, by the end of last quarter of 2008-09.


The number of companies getting interested in public deposits schemes has also increased from 60 to 110 with the interest offered being up to 12% for three years. The divergence of funds in more visible in real estate sector.


Among the ones to hold major share of this market, TATA Motors sits at quarter of the public deposit space. The scheme launched on 1 December has managed to fetch the firm a sum of Rs.175 crores, in a single month. No information on the ‘amount the group plans to raise’ or the ‘time period for which the scheme holds’ has been divulged; however the statutory limits is Rs.2700 crores. The auto giant opted for public deposits to raise funds due to facing troubles in financing its acquisition of jaguar and land Rover. However, the road for mid- and small- cap companies is believed not to be equally gloomy.

 
Latest E-youth
Japanese economy and its economic growth
Japanese economy is tagged as one of the leading economies of the world that stands second in the list. Its high-tech expertise and high quality products are famous worldwide that make this economy a major More..
India's business prospects and economy
In this critical state of depression, Indian economy has still managed leading the list of developing countries that bestows healthier business opportunities even in this tough time. It came as a surprise to some that according to a recent Indian economy analyst's More..
Economic Indicators of Recession
Recession in an economy, in general terms is described as a situation when an economy features slow economic activities, faces decline or no income situations. During this period the economy also suffers a steep fall in GDP growth rate, which tends to worsen situation further. The American economy is More..
Key Impacts of Recession in Economy
Recession is the prime story of the global economy since last few months. The economy is facing an uninterrupted downfall that has further sent invites to many disastrous results. These outcomes have gripped badly the international economy status that More..
Relevance of Economy News
With the increase in liberalization, privatization and globalization of the economies, people of a given nation are more involved and thereby make greater contribution to their country's economic More..
Key Indicators for Economic Growth 
The 'most recognized' indicators used for assessing a nation's economic growth are 'GDP' (Gross Domestic Product), 'GNP' (Gross National Product) and Balance of Payments. More..
Gross Domestic Product (GDP) - A Primer
In addition to being one of the most useful and trusted indicators of a nation's economic growth since decades, GDP also hints at the standard of living which the people of the country share. More..
Current State of Global Economy
The current state of Global Economy can be compared to that of a giant ship that existed, by the name 'Titanic'. This huge object was projected as something that was 'unsinkable'. More..
United States Economy
The US economy is the largest economy of the world. It is the most significant part of the world economy and can affect the international trade drastically More..
Overview of China's Economy
China's economy has been ranked as the world's fastest growing economy that has succeeded to escalate even after being the most populous nation of the world. More..
   Contact Us | About Us   Copyright © 2008 EconomyNews.in