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Tata Motors Drops After Sales Decline, Rating Cut (Update1) - Bloomberg
Dec. 2 (Bloomberg) -- Tata Motors Ltd. , the maker of Jaguar and Land Rover vehicles, declined the most in almost two weeks in Mumbai trading after sales declined in India and Credit Suisse downgraded the stock. Tata Motors fell as much as 5.8 ...

India's acquisitive tycoons start selling to raise new funds - Times Online
Bankers expect a wave of asset sales by cash-strapped Indian companies as the country's tycoons struggle to refinance their over-ambitious expansion plans. India's banking system has practically ceased corporate lending after the collapse of Lehman ...

Tata Motors to borrow at 11% to fund JLR buy - Times of India
Tata Motors Ltd, the maker of Jaguar and Land Rover vehicles, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June. Tata Motors will pay as ...

Tata Offers Depositors 11% to Fund Jaguar Purchase (Update1) - Bloomberg
Dec. 1 (Bloomberg) -- Tata Motors Ltd. , the maker of Jaguar and Land Rover vehicles, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June ...

FACTBOX: U.S. commits over $5.704 trillion in financial rescues - Reuters
(Reuters) - U.S. financial rescue efforts have in recent months committed -- and put at risk -- up to $5.704 trillion in public funds, though a good portion of those funds may be recouped if the assets rise in value. Following is a rundown of the ...

Welcome Home, Don! - East Bay Express
This week, outgoing state Senator Don Perata finally begins his long ride into the Sacramento sunset. No more highballs with the governor or caucus poker nights, no more calls from the LA Times . Now, it's just you and Oakland, Mr. P. Since you're so ...

Waiting for the other shoe to drop: The looming credit crisis - Bloggingstocks.com
I still remember when I realized that a real estate crisis was on its way. My wife and I were contemplating buying a home in Roanoke, Virginia, and began talking to a mortgage broker. When we saw the final offer, we realized that, if the real estate ...

Tata offers 11% on deposits to fund Jaguar buy - Livemint.com
Mumbai: Tata Motors Ltd, the maker of Jaguar and Land Rover vehicles, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June. Tata Motors will ...

Reloading Another Rebound - Forbes
After the market consolidates last week's gains, we could get a little lift heading toward the end of the year. The S&P 500 Index (SPX) rallied 12% last week, raising an interesting question: When did we last see the SPX exceed a weekly rally of 7 ...

Dubai's DIFC Investments pulls $350mn loan - ArabianBusiness.com
DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), has decided to pull its secured $350 million syndicated loan from the market, banking sources close to the deal said on Monday. Goldman Sachs launched ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.

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