Tuesday, July 21, 2009

NEWS @ 21-07-2009

China's Plans for Replacing the Dollar
China's swipes at the U.S. dollar have been spilling out of Beijing with almost mundane regularity. Every time there is an international economic summit, it seems that some Chinese mandarin reiterates ...

More than 80% of the US banks that received federal bailout funds said the money had helped them increase lending or avoid a drop in lending as the recession worsened earlier this year ...

The U.S. Federal Reserve is “confident” of its ability to stem inflation after what’s likely to be an “extended period” for policies aimed at restarting lending, Chairman Ben S. Bernanke said ...

While many economists and analysts are saying the worst of the economic crisis is behind us, Guillermo Calvo, professor of economics at Columbia University, takes a much more conservative position ...

If you saw a mysterious $4 entry on your income-tax return, would you sweat it? What if you were a billionaire many times over? Would it even catch your eye ...

Just over a month ago, oil dominated the economic conversation in a way it hadn't since before the financial crisis kicked into high gear in September 2008. Prices had more than doubled ...

The Supreme Court on Monday issued notice to Mukesh Ambani-led Reliance Industries Ltd and the Anil Ambani group’s Reliance Natural Resources Ltd on the Centre’s appeal against the Bombay High Court’s ...

The government has not let Reliance Industries off the hook for signing a private MoU with a firm run by the Anil Ambani Group to divide entire gas volumes from KG basin fields ...

Very little notice has been taken of the fact that RGTIL which set up the pipeline network for transport of this gas which has had rival users clamouring for government priority, is no longer owned by RIL ...

Planning Commission Deputy Chairman Montek Ahluwalia on Tuesday ruled out any more stimulus package for industry as the Budget has given a substantial boost to the slowing economy ...

Finance ministry said the disinvestment programme will kick off with the dilution of government equity in listed entities, where public holding is less ...

India’s plan to cut the budget deficit next year by an “unprecedented” 1.3 percent of gross domestic product is possible, a senior policy adviser said, allaying concerns of rising government debt ...

Morgan Stanley yesterday undertook its first transaction as a primary dealer in India after receiving its license over the weekend and announced that Manoj Kumar Swain will lead its primary dealership (PD) effort ...

The confidence is coming back, and the crisis we have gone through in the last eight-nine months is at least slowing down and is on the decline ...

Belinda, 51, embarked on a mission that landed her thousands of miles away from home putting the hard questions directly to the head of one of the world's biggest steel companies Tata - at Mumbai headquarters ...

Global crude steel production fell at a slower pace in June, although analysts said most of the new production was in China for re-stocking efforts ...

The country’s largest power generator NTPC, which has been entangled in a litigation over KG gas row with Reliance Industries (RIL) since December 2005 ...

NTPC Ltd was forced to shut down its 1,000-MW Sipat thermal station briefly in May due to coal shortages and reported loss of generation at three other key stations Kahalgaon, Talcher and Korba — during April-June ...

Larsen and Toubro plans to invest Rs 1,500 crore this fiscal in its projects relating to power, including equipment manufacturing, shipyard and port development ...

At Microsoft's research centre in a leafy lane in India's tech capital, a new generation of researchers are being groomed half a world away from the software giant's sprawling headquarters in Seattle ...

In a development which will strengthen its role in the domestic IT outsourcing market, India's second-largest IT services company, Infosys Technologies, has bagged a pilot project to roll out an Integrated Coach ...

With clients in the banking and financial services space apparently in better shape than feared, Tata Consultancy Services (TCS) was able to post strong dollar revenues in the June 2009 quarter ...

Tata Consultancy Services headcount stands at 1,41,642 employees, with an attrition rate of 11.5% and though the company is hiring, numbers are expected to be fewer ...

No comments:

Post a Comment

xe.com  Universal Currency Converter ®
Convert this amount
of this type of currency
into this type of currency.

enter any amount

scroll down to see more currencies

scroll down to see more currencies
Universal Currency Converter under license from XE.com. Terms of Use

About Me

DISCLAIMER

All opinions are based on my technical study; however, I do not vouch for the accuracy or the completeness of the matter. I am not liable for any potential damages that may be incurred while acting upon any information mentioned in this report. The views expressed are not of binding nature. The report is intended for a restricted audience & I am not soliciting any action based on it. Please exercise discretion and due diligence in making your decisions. Investments in Capital Markets are not my obligation or guarantee and are subject to investment risks. In no event will I be liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this report or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation even if I am thereof, advised of the possibility of such damages, losses or expenses.