Greece has reached a multi-billion euro deal with the EU and the IMF, Prime Minister George Papandreou said on Sunday.
Buffett worried on inflation, Greek 'high drama'
Unlike other prominent investors like hedge fund manager George Soros, Buffett has steered clear of large currency bets in recent years, and has said that while he looks worldwide for investments, he would be happy making investment bets mainly in the United States.
Buffett defends Goldman investment, CEO Blankfein
"I don't care if John Paulson is shorting these bonds," he said. Referring to Federal Reserve Chairman Ben Bernanke, he added: "If they told me Ben Bernanke was on the other side of this trade, it wouldn't make a difference to me."
Warren Buffett puts India on his radar, to visit in March
Buffett did not rule out India as a possible destination for Berkshire investments. Further, Buffett was quoted as saying that his company had looked at Indian insurance business. Berkshire's main businesses are in insurance and reinsurance areas.
The New Silk Road
The planned rail deals will vastly improve China's ability to transport crucial energy resources from suppliers in developing countries. "If the system is completed, it'll be more convenient for us to tap into natural resources, especially oil and gas, in Myanmar, Iran, and Russia," says Wang Mengshu, a Jiaotong University professor and consultant to China's high-speed-rail projects.
FII inflows highest ever, but Greece casts shadow
The money that FIIs have pumped in beats the previous record of $4.21 billion that came in during January-April in 2004, when the markets were in the middle of a bull rally, according to data released by the markets regulator, the Securities and Exchange Board of India (Sebi). This doesn’t include the numbers for 30 April, which will come out on Monday.
SEBI brings parity between investors
Retail and institutional investors will be treated alike in terms of bidding for shares in public offers from tomorrow, a move also likely to bring down the exorbitant levels of over subscriptions in the primary market.
Market eyes SC verdict on RIL-RNRL gas row
A sharp move, either ways, in shares of Reliance Industries , which have the highest weightage on the Sensex at 12.78%, has a corresponding impact on the indices because of its large weightage
Reliance plans to sell gas in U.S. market - report
The gas retail market in the United States is dominated by global majors such as Exxon Mobil and BP who have spent decades building a network and pipelines, the paper said.
ICICI Bank, HDFC Bank not Indian-owned: Govt
Earlier reports had said that the Reserve Bank of India [ Get Quote ] may come to the rescue of banks, such as ICICI and HDFC Bank, which are majority owned by foreign funds or entities.
Govt eyes Rs 18,000 cr from SAIL stake sale
At present the Centre holds about 85 per cent stake in the Navratna steel major. The Centre is likely to go ahead with divestment in 12-15 public sector units, including SAIL, Coal India, Hindustan Copper [ Get Quote ], SJVNL and EIL among others in the current fiscal to raise about Rs 40,000 crore (Rs 400 bilion).
ArcelorMittal exploring tie-up with SAIL
Steel Minister Virbhadra Singh had earlier this year said that Sail is open to joining hands with a global steel firm to set up a steel project to meet the country's rising steel demand.
Sugar prices are falling: Agriculture Minister
The country’s second-biggest producer by capacity, Balrampur Chini Mills Ltd has said that the Indian government is expected to remove the restrictions on the sale of sugar.
|
Nano proving an expensive dream for Tata
When Tata had conceived Nano [ Images ], the "people's car" in 2003, hot-rolled steel, a benchmark product used in making car body panels, was priced at $399 a tonne. Seven years and 30,000 Nanos later, the price of hot-rolled steel has almost doubled, and is still surging.
NTT close to buying out Patni promoters
Patni's current market capitalisation stands at close to Rs 6,950 crore, and the promoters' combined stake at today's rates would fetch around Rs 3,230 crore.
MindTree pips Accenture, IBM to bag first UID project
The ADM multi-billion-rupee project involves the complete application lifecycle -- from designing, developing, testing, maintaining and supporting the UID application to providing help desk services from the UIDAI's (Unique Identification Authority of India [ Images ]) Bangalore Technology Centre.
Industry hails tax concession on construction
"Exemption of service tax on low-cost housing is a positive step towards improving urban infrastructure and fulfilling housing requirement in urban areas," said Navin M Raheja, managing director.
Massive drop in bank lending to real estate sector
The RBI, in its third quarter review of macro economic and monetary development, had highlighted that there has been a definitional change to the concept of lending to commercial real estate sector
0 comments:
Post a Comment