Stocks and Finance

India

India 2/8/2012

19:15 : Sustaining farm growth; Investment to yield result - India has been striving to achieve 4% growth rate in farm output since the beginning of Ninth Five-Year Plan. However, actual growth rate has remained invariably lower.
18:05 : On layoffs, India Inc still leaves employees in the lurch - On layoffs, India Inc still leaves employees in the lurchLayoffs are inevitable, but cos that lead staff to the exit door gently are more likely to attract talent in the future.
13:57 : India concerned over Chinese presence in POK - India's concern over the presence of Chinese troops in PoK was raised by External Affairs Minister S M Krishna today in his talks with Chinese leaders.
10:18 : E-tailing in India to touch $ 70 bn by 2020 - The total size of business of selling retail goods on the internet, commonly known as e- tailing, is set to touch USD 70 billion mark by 2020 in India.
07:53 : India Trying to Help Debt-Ridden Airlines the Wrong Way? - Two wrongs don't make a right. India's beleaguered aviation sector needs a boost. But letting airlines avoid punitive state taxes by directly importing fuel isn't smart. Some tax is necessary to pay for environmental costs.
Source : ibtimes-com
07:47 : Australia-India trade to reach Rs 2L cr in three yrs - Australia is an important source for India's gold, chickpea, coal, copper ores, lead and wool requirements, as well as education and skills based training.
06:33 : Steel Authority Of India Raises Price Of Major Long Product By 6.6% - Steel Authority of India Ltd. (500113.BY) has increased the price of TMT bars, its major long product used for constructing buildings, by 6.6% to INR40,000 a ton, the state-run company said on its website Wednesday.
Source : foxbusiness-com
05:05 : Telenor reports 4Q loss of India writedown - OLSO, Norway (AP) -- Norway's Telenor said Wednesday that a court decision in India to cancel all operating licenses of its Uninor subsidiary led to a 1.9 billion kroner ($330 million) fourth-quarter loss....
Source : usnews-com
02:55 : Mauritius hopeful of addressing DTAA issue with India - Mauritius PM said a "mutually satisfactory" solution can be found about the alleged misuse of its Double Taxation Avoidance Agreement (DTAA) with India.

India 2/7/2012

21:33 : Iran buyers default on Indian rice payments:report - HONG KONG (MarketWatch) -- Iranian buyers have defaulted on payment for about 200,000 tons of rice from India, their top supplier, according to a Reuters report citing exporters and rice millers. The default, a sign of mounting pressure on ...
Source : marketwatch-com
18:25 : ArcelorMittal puts India investment plans on hold; need more infrastructure - ArcelorMittal puts India investment plans on hold; need more infrastructure projects underwayThe steel company has plans to build two steel plants of 12 million tonnes each in Jharkhand and Odisha, and one 6 MT plant in ...
12:35 : Three lunchtime reads:1) Peak everything: Can earth keep up with our deman - Three lunchtime reads: 1) Peak everything: Can earth keep up with our demand? 2) Investing for the long term: Dividend growth stocks or S&P 500 3) India awakens to need for foreign investment Post your comment!
Source : seekingalpha-com
10:23 : Google pulls content in India - Google Inc. has agreed to remove some content in India that is considered offensive by political and religious leaders in the country, the Mercury News reports. Google (NASDAQ: GOOG) was complying with a court order ...
Source : bizjournals-com
10:08 : Mauritius hopes DTAA revision issues be sorted out - India has been pressing for re-negotiation of its DTAA with Mauritius, seeking to plug loopholes and revenue leakage by way of alleged round-tripping and tax evasion.
05:41 : RBIâ??s Prohibitory Notice Prompts Manappuram to Hold Board Meeting - Manappuram Finance Ltd (MNFL.NS), which provides loans using gold as collateral, said on Tuesday its board will meet on February 10 to discuss a Reserve Bank of India (RBI) notice that prohibited it from accepting or renewing deposits ...
Source : ibtimes-com

India 2/6/2012

12:56 : 28% employees In India willing to relocate overseas: Survey - 28% employees In India willing to relocate overseas: SurveyMore than a quarter of employees in India are willing to take up a full-time job opportunity overseas for two to three years with at least a 10% in pay increase.
07:23 : Internet giants remove content after India court warning - Internet giants Google Inc and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown "like China" if they did not take steps to protect religious sensibilities.
Source : ibtimes-com
04:00 : Asian shares mostly rise following the strong U.S. jobs report on Friday ... - Asian shares mostly rise following the strong U.S. jobs report on Friday and despite the various Greek debt talks continuing to rumble on without producing that all-encompassing deal that will prevent a meltdown. Japan +1.1% to 8929.2. Hong ...
Source : seekingalpha-com
01:01 : India Eases FX Trading Limits For Some Banks - MUMBAI -- India's central bank has eased limits on currency trading positions for some banks after considering their applications for relaxation on a case-by-case basis, two bankers said Monday.
Source : foxbusiness-com
00:56 : Another 400 Jobs Lost as Westpac Moves Tasks to India - Job security in bank posts continue to be placed on the line as Westpac announced the axing of up to 400 positions. Most of those who would be laid off are engaged in back office and IT roles, of which 150 would be outsourced to India.
Source : ibtimes-com
00:09 : The January US jobs report is driving equity market gains this morning - US Market Update: DJIA +141 S&P500 +17 NASDAQ +27 Economic data - (IN) India Forex Reserves w/e Jan 27th: $293.9B v $293.5B prior - (CA) Canada Jan Net Change in Employment: +2.3K v 22.0Ke; Unemployment Rate|Unemployment ...
Source : fxstreet-com

India 2/5/2012

17:40 : India is second fastest growing market: Facebook - India is second fastest growing market: FacebookWhy is Facebook becoming more and more popular? Connectivity and accessibility are the biggest drawing cards, say users.
15:14 : Aviation sector offers many job opportunities - Aviation sector offers many job opportunitiesAviation is a sunrise sector in India and has potential to generate a large number of design, production and management jobs.
13:09 : India rejects aid from Britain, says it is peanuts - India rejects aid from Britain, says it is peanutsThe clamour to stop the aid reached a new high when India last week decided to prefer the French fighter jet Rafale to the Typhoon, which is partly manufactured in Britain.
13:08 : India not out of woods yet, says Pranab on food inflation fall - India not out of woods yet, says Pranab on food inflation fallAccording to Mukherjee, high inflationary pressure is affecting India's growth rate, which is expected to be only 7 per cent this year.
12:43 : Starbucks bets on brand as it enters India - Starbucks Corp., which this past week signed a deal to open retail stores with India’s Tata Global Beverages Ltd., is banking on its brand’s attraction within a young and increasingly affluent middle class to face domestic competition ...
Source : marketwatch-com
09:31 : Iran issues ultimatum to India over gas field - Iran issues ultimatum to India over gas fieldIran has given a one-month ultimatum to an Indian consortium over the development of a gas field whose delay by India has been attributed to western pressure.
05:30 : Fed-up SBI â??to Name and Shameâ?? Defaulters - The State Bank of India, the country's biggest lender, will name and shame "wilful" defaulters and put their pictures in newspapers to get them to pay up, the Economic Times has reported.
Source : ibtimes-com

India 2/4/2012

17:46 : NRI investments in property set to grow with better market conditions - NRI investments in property set to grow with better market conditionsReal estate in India is preferred because of a desire to create a higher lifestyle for the family and the price appreciation in the long term.
16:27 : 2G: SC's verdicts may have big impacts on India Inc and regulators - 2G: SC's verdicts may have big impacts on India Inc and regulatorsET on Sunday sifts through the 2G verdicts to find the Supreme Court may have changed India Inc's operating environment.
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