In response to EU sanctions from July 1, Iran has already stopped providing oil to Britain and France. Yesterday, there were rumours of it stopping supplies to ...
Reliance has initiated a share buyback for what is supposed to be a 10,440 cr. issue, at a cap of Rs. 870 per share. The buyback ends Jan 19, 2013, which is ...
Citibank has sold it’s 9.9% stake in HDFC (not the bank) at 657.6 rupees – with 14.5 crore shares sold today in a block deal. Buyers include FIIs and a TV ...
I had written about Fidelity leaving (What to do about the In-Fidelity?) recently, and Manoj Nagpal has brought it to my notice (Thanks!) that Fidelity may ...
The first official Consumer Price Index (CPI) in the “new series” comes up, with the headline number at 7.5%. (Source: MOSPI) This is much lower than ...
Kingfisher Airlines is in trouble for cancelling flights, it seems. They have cancelled 50% of their flights on Monday (according to WSJ) and 50 pilots have ...
At Yahoo, I write about how it’s all right to be wrong when investing: In 1973, the Kreditbanken (bank) at Norrmalmstorg in Stockholm was attacked by ...
At Yahoo, I write on The Dangerous Fiscal Deficit Situation in India: While we are battered with news about abandoned babies, victories and then losses for ...
“Reserve Money” is an interest aspect of our banking system. Reserve money is eventually multiplied into “broad money supply”. Reserve money growth has ...
Fidelity Mutual Fund has decided to exit ops in India, presumably on six years of no profits. They manage assets of 8,800 cr. and there were a lot of posts ...