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Prism Cement: Profits pressuredTuesday, January 6, 2009 @ 9:04PMNet profits at the Rs 876 crore Prism Cement have halved to Rs 31 crore in the December 2008 quarter. If the first six months to December 2008 are considered, the drop has been worse at 60 per cent.

Hardberger’s ‘Mission Verde’ not impossibleTuesday, January 6, 2009 @ 8:53PMTerm limits were supposed to be the defining legacy of Mayor Phil Hardberger’s four-year tenure. At least that’s what the headlines last November kept insisting as news broke that the second-term mayor had successfully rallied the popular support needed to extend Council term limits from two, two-year terms to four, two-year terms.

Alamo depthsTuesday, January 6, 2009 @ 8:53PMIn the beginning it seemed easy. From a small bridge I looked beneath me at a terraced walkway twisting down into a massive crater in the ground. The enormity of the sinkhole suggested something grand beneath the surface, and more importantly, easy passage.

NAVs of India-centric realty funds fall over 90% on AIMTuesday, January 6, 2009 @ 4:32PMEven as investors raise issues about management moves of London’s Alternative Investment Market (AIM)-listed realty funds, net asset values (NAVs) of such India-focussed realty entities have fallen as much as 90 per cent in the last one year.

Vick wants to sell Ga. home at auctionTuesday, January 6, 2009 @ 4:32PMMichael Vick is asking a bankruptcy judge to allow him to sell his eight-bedroom home in the Atlanta suburb of Duluth at auction.

Good, bad and ugly ways to raise some quick cashTuesday, January 6, 2009 @ 4:30PMIf you thought things were getting tight last month, get ready for the big squeeze. While I would love to start 2009 with some rosy predictions, one theme sticks in my mind: Cash will never be more important. You need to find it, save it and use it as your cushion in what will be another rocky year.

Realtors fall 54% short of retail space targetTuesday, January 6, 2009 @ 4:28PMDLF, Parsvnath and other real estate developers have lagged behind by 54 per cent in their target to open retail space even as retailers’ vacancy climbed to 16 per cent in 2008, according to a study.

New firm launched to run Diar and Barwa projectsTuesday, January 6, 2009 @ 4:27PMBy Pratap John A QR500mn firm – Qatar Project Management Company – was launched yesterday to provide project management services for all Qatari Diar and Barwa real estate developments in the country and abroad.

Decline in new construction takes bite out of county budgetTuesday, January 6, 2009 @ 4:27PMBUILDING PERMITS New construction in Beaver County has been sliding for the last five years, according to the number of building permits issued in the county.