Weekend Readings
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John Mauldin’s “What Happened to the Jobs?”
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China’s inflation at a 3 year high (6.4%)
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Moneylife: Ambanis’ fall from the pedestal
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Via ZeroHedge: The Implications of Not Raising the Debt Ceiling
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Draft mining proposal will take 26% of Coal India’s profit. See LiveMint Article.
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Infy may bid for CapGemini, and use (phew) 6,000 cr. of cash. (LiveMint)Reader Phani notices this is really old news! My apologies and thanks to Phani.
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Katla, the big Icelandic volcano, now showing signs of activity. (I’ve been tracking it - this may not be a big deal at the moment)