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Month: April 2009

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Retaliation to U.S. Protectionism: Canadian Town Penalises US companies

John Ivison: Canada starts to feel the bite of new U.S. protectionism: President Obama’s American Recovery and Reinvestment Act includes a section that ...

Chrysler is Bankrupt

Chrysler has filed for bankruptcy and will be reorganised with Fiat as a partner. Chrysler LLC, the automaker that survived a near-death experience in 1979, ...

Great Depression Rallies and Falls: AlphaTrends

AlphaTrends has a historical perspective of market rallies and falls during the Great Depression: (HT: Big Picture) Gotta do this for the Indian markets. Where ...

Commercial Real Estate in the US: A time bomb? (Zero Hedge)

Zero Hedge does it again, with the One Trillion Dollar CRE Time Bomb. If I really wanted to trap the essence of that article I’d have to post it in full, ...

Zero Hedge on the Stress Tests

Zero Hedge, a fantastic blog that I’ve only recently discovered, has some interesting comments on the Stress Tests that were recently conducted on the 19 ...

ICICI Bank reports 35% drop in EPS/Net Profit

ICICI Bank’s Q4 results are out. Net profit is 744 cr. versus 1150 cr., a 35% drop, and EPS dropped from 10.27 to 6.68. The consolidated Annual EPS is ...

RBI cuts rates by 0.25%

The Reserve Bank of India, in its credit policy today announced a rate cut of 0.25% on both repo and reverse repo rates, to 4.75% and 3.25% respectively. The ...

Delta says goodbye to Indian Call Centers

WSJ: Delta Air Ends Use of India Call Centers Delta Air Lines Inc. said Friday it has stopped using India-based call centers to handle sales and reservations, ...

ULIPs Versus TermPlan+Investment: The Winner is Clear

I’m going back to a theme I have not posted on for a while now: ULIPs. Unit Linked Insurance Plans, I have always maintained, are hideous. Not only do ...

The Visible Hand

Think the government doesn’t play in the stock market? Or that only the Indian government seems to? Read this paper (Hat tip: Zero Hedge) The Visible ...