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Financial crisis could hasten wealth shift from West to East

Posted on: Monday, August 10th 2009 and is filed under Press Releases.

The credit crisis may have forced Citigroup’s former chairman & CEO, Charles “Chuck” Prince, to step down from the top job at what was once the world’s largest bank by market capitalisation, but he argues that the collective belief of the financial system was that the market...

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Swine flu helpline numbers and hospitals

Posted on: Sunday, August 9th 2009 and is filed under Press Releases.

WHO declared the start of the Influenza A(H1N1) pandemic on June 11, 2009. Over 1,000 people across the world have succumbed to the disease including a 14-year-old girl in India. Here is the list of helpline numbers in India: All India toll free H1N1 helpline: 1075 or 1800-11-4377 Delh...

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No citizen should go hungry over poor rains: PM

Posted on: Saturday, August 8th 2009 and is filed under Market News.

NEW DELHI: Prime Minister Manohan Singh promised on Saturday that no citizen would go hungry as a result of scanty monsoon rains that have threatened the output of rice and other vital crops. Dr Singh also promised strong action against “hoarders and black marketeers” after ...

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Investors finally find good news on unemployment

Posted on: Friday, August 7th 2009 and is filed under Market News.

Better-than-expected jobs report pushes stocks higher, feeds hopes for economic recovery By Stephen Bernard, AP Business Writer NEW YORK (AP) — Investors finally got some good news about unemployment. Stocks rose Friday after the government’s July jobs report showed job los...

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NHPC IPO Analysis And Research Report

Posted on: Friday, August 7th 2009 and is filed under Stock News.

NHPC Ltd, a central PSU mini ratna, is the largest hydroelectric generator in the country with 13 stations operating and an installed capacity of 5,175MW. It accounts for 14% of the country’s hydro capacity. NHPC’s plans to nearly double its standalone capacity will play an institutio...

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KG basin gas row heats up as RIL speaks out

Posted on: Friday, August 7th 2009 and is filed under Press Releases.

RIL says while its chairman Mukesh Ambani is profoundly saddened by his brother`s remarks, he requests the media to respect his decision not to respond RIL says the public statements by Anil Ambani and his aides are attempts to convert legal issues into a public spat Reliance Industries...

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NHPC IPO oversubscribed seven times

Posted on: Friday, August 7th 2009 and is filed under Press Releases.

MUMBAI: State-run National Hydroelectric Power Corp’s (NHPC) initial public offer (IPO ) was oversubscribed a little over seven times, according to the data available with the National Stock Exchange (NSE) Friday. The company had offered 167.73 crore shares with a face value of R...

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AIG posts first profit in seven quarters

Posted on: Friday, August 7th 2009 and is filed under Press Releases.

NEW YORK: American International Group Inc, the insurer that received about $180 billion of federal bailouts, posted its first profit in seven AIG Top 10 largest recipients of AIG money Fact file on AIG quarters and shares rose 9 percent. The second-quarter net profit attributable to...

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Intraday calls for 07-08-09

Posted on: Friday, August 7th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Markets likely to see gap down opening. No sell calls considering we will see a gap down. Shall update sell calls during market hours. If markets show recovery later during the day, buy Orchid Chemicals. ...

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Wall St hit by caution before July jobs data

Posted on: Friday, August 7th 2009 and is filed under Market Outlook.

NEW YORK (Reuters) – Stocks fell on Thursday as investors turned cautious before the government’s crucial July jobs report, and took profits after a recent rally. The Dow Jones industrial average (DJI:^DJI – News) slipped 24.71 points, or 0.27 percent, to end unofficial...

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