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USjobsmarketgettingbetterCantorFitzgeraldCo
From: tubaah on Sat, Feb 05 2011 2:49 AM
Marc Pado, US market strategist at Cantor Fitzgerald & Co, says the US jobs market is getting better. The US economy added 36,000 jobs in January, fewer than expected, though the unemployment rate fell to 9 per cent – its lowest level since April 2009. He also feels the Egypt unrest will not hav...
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MNPrushIdeatakestheleadVodafonecomesnext
From: tubaah on Fri, Feb 04 2011 2:27 AM
"No Idea, Get Idea". Idea Cellular’s campaign by Abhishek Bachchan to woo subscribers of rival telecom companies seems to be paying it rich dividends. The country’s sixth-largest mobile operator was the biggest gainer in the first ten days of mobile number portability (MNP) being launched across...
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MarutilaunchesKizashibutworriedovermargins
From: tubaah on Thu, Feb 03 2011 2:17 AM
Market leader Maruti Suzuki India has launched its luxury sedan Kizashi. The car maker’s strategy to import the Kizashi instead of assembling it locally is being questioned but it does allow the Japanese company a presence in the premium sedan space for the first time. But for Maruti it will be a...
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BhartiQ3netdown41pinshopeonAfrica
From: tubaah on Thu, Feb 03 2011 2:16 AM
As it expands its footprint in Africa, India’s biggest mobile phone operator, Bharti Airtel, is finding it difficult to connect with the investors. Despite the surge in its topline, thanks to the full quarter's revenues from its African operations, the profit for the quarter slipped more th...
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AVBirlatobuyUSfirmfor900million
From: tubaah on Mon, Jan 31 2011 5:17 PM
The Aditya Birla group has gone from the number four to top producer of carbon black in the world. The Aditya Birla Group has announced a definitive agreement to acquire the Atlanta-based Columbian Chemicals Company in a $875-million (around Rs 4,100 crore) deal. The group hopes to complete the d...
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WhistleblowingneedstobetransparentBerg
From: tubaah on Mon, Jan 31 2011 5:16 PM
OpenLeaks founder Daniel Domscheit Berg talks on what made him seclude himself from Julian Assange and WikiLeaks and start a separate venture.
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EmissiongrowingfasterthanpredictedStern
From: tubaah on Mon, Jan 31 2011 5:16 PM
LSE’s Grantham Research Institute on Climate Change and the Environment chairman Nicholas Stern underlines the necessity to rein in climate changes. He feels emissions are growing at a rapid pace and the absorptive capacity of the planet is decreasing faster than anticipated.
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ITindustrymaygrowat20inFY12TCS
From: tubaah on Mon, Jan 31 2011 5:16 PM
Tata Consultancy Services CEO N Chandrashekharan says the IT industry is likely to grow faster than it has in the last years. He pegs the industry growth at 20 per cent.
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2010agreatyearforIPOsBruceAust
From: tubaah on Mon, Jan 31 2011 5:16 PM
Talking to NDTV at Davos, Nasdaq executive vice-president Bruce Aust says it’s been a very good year for IPOs. On Makemytrip, he says the company will open up the market for Indian companies.
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BombardierexpectsgoodtimesaheadforIndianaviation
From: tubaah on Fri, Jan 28 2011 2:12 PM
Talking to NDTV at Davos, Bombardier chief executive Pierre Beaudoin, said the aviation industry will continue to grow and sees the sector growing by at least 20 per cent this year. He expects good times ahead for the Indian aviation sector going forward based on robust demand.
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Foodinflationinchesupto1557
From: tubaah on Fri, Jan 28 2011 2:09 PM
Snapping the downward trend of two consecutive weeks, food inflation inched up marginally to 15.57 per cent for the period ended January 15, on account of escalating vegetable prices, particularly, onions. Food inflation for the week ended January 8, was recorded at 15.52 per cent.
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ICVLwillnotcounterRiosbidforRiversdale
From: tubaah on Fri, Jan 28 2011 2:08 PM
International Coal Ventures, a group of Indian state-run metals and energy companies, has decided against buying Australian miner Riversdale. The board members were anyway divided over whether to bid, though CitiGroup had advised the group to make counter offer for the firm, to top the bid by Ri...
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MarketselloffledbyFIIsDevenChoksey
From: tubaah on Fri, Jan 28 2011 2:08 PM
Deven Choksey of KR Choksey Securities says that some of the stop-loss of ETF funds might have triggered leading to the sell-off. The large fall is because of the basket selling by FIIs.
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AnandSharmaonFDIinretail
From: tubaah on Fri, Jan 28 2011 2:08 PM
Commerce Minister Anand Sharma says policies formulation is a dynamic process and it can only move in the forward direction. He says Indian model on FDI in retail will be different as compared to other nations, adding that the government will make sure to keep all the stake holders on board.
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DecisiononRightsissuessoonsaysSBIsOPBhatt
From: tubaah on Fri, Jan 28 2011 2:07 PM
SBI Chairman OP Bhatt says that a decision on the rights issue is likely soon. He also defends the bank’s loan to Uninor.
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InflationratehikebehindselloffAdrianMowat
From: tubaah on Fri, Jan 28 2011 2:07 PM
Adrian Mowat, MD of JP Morgan says those markets that had a good 2010 are seeing more profit taking. Investors are switching funds from emerging markets to developed markets because there is a concern that central banks will raise interests to rein in inflation.
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StockmarketsoverpricedShiller
From: tubaah on Fri, Jan 28 2011 2:07 PM
Professor of economics Yale University Robert Shiller voices his concerns over economic recovery amidst a mood of super-optimism at Davos.
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IndiaschallengesareinternalUdayKotak
From: tubaah on Fri, Jan 28 2011 2:07 PM
Talking to NDTV at Davos, Uday Kotak, VC and MD of Kotak Mahindra Bank, said India will get a growth of 8.5 per cent in 2010-11. He feels India’s challenges are not external but rather internal including governance, infrastructure and inflation. He says tilting more in favour of farmers could so...
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BenchmarkAssetMgmtongoldETFs
From: tubaah on Fri, Jan 28 2011 2:06 PM
Benchmark Asset Management CIO Vishal Jain says 2010 has been a good time for gold ETFs. He also points out the benefits of investing in gold ETFs.
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WevecrossedRs1lakhcroremarkDenaBank
From: tubaah on Fri, Jan 28 2011 2:06 PM
Dena Bank chairman & managing director DL Rawal says the bank crossed Rs 1 lakh crore business mark in December quarter. He expects the bank to maintain a margin at 3.2 percent.
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