List
of articles contributed by sharekhan
Indra Nooyi, chairperson and CEO of PepsiCo, has topped Fortune magazine's list of the 50 Most Powe
Tuesday, September 30, 2008 timesofindia.indiatimes.com
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Business
)
NEW YORK: Indra Nooyi, chairperson and CEO of PepsiCo, has topped Fortune magazine's list of the 50 Most Powerful Women in Business for the third
year in a row.
In its citation, the US magazine says, India-born Nooyi, 52, "has moved swiftly to offset slowing beverage sales in North America by expanding the international business, which now represents 26 percent of revenues. She is also pushing
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NEW-YORK
Indra-Nooyi
US
CEO
Andrea-Jung
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The Tokyo stock market fell almost 5 percent
Tuesday, September 30, 2008 www.dnaindia.com
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Stock market
)
TOKYO: The Tokyo stock market fell almost 5 percent on Tuesday after a massive selloff overnight on Wall Street.
The benchmark Nikkei 225 Stock Average tumbled to 11,199.07, down 544.54 points, or 4.64 percent.
The broader Topix index of all first-section issues also dropped 51.3 points, or 4.55 percent at 1,076.57.
After a proposed, $700-billion rescue package was defeated in the US Congress,
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Tokyo
Nikkei
stock-market
Topix
Japan
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Markets recover, Sensex up over 300 pts
Tuesday, September 30, 2008 www.indianexpress.com
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Business
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Mumbai: The Bombay Stock Exchange benchmark Sensex staged a strong comeback and gained over 350 points at 1330 hrs on Tuesday after SEBI Chairman C B Bhave's assurance that the US financial turmoil would not affect Indian bourses.
The 30-share index, which was down by 442.20 points in early trade, moved up by 350.25 points to 12,946 at 1330 hrs.
Similarly, the wide-based National Stock Exchange
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Mumbai
Bombay-Stock-Exchange
Sensex
SEBI
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India can’t remain untouched by global financial crisis: PM
Tuesday, September 30, 2008 timesofindia.indiatimes.com
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Business
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MARSEILLES: Hinting that India cannot remain untouched by the financial turmoil in the US, Prime Minister Manmohan Singh has said the nation's cap
acity to finance development will be affected and exports compromised if major economies go into recession.
In an interview to leading French daily Le Figaro, Singh, who is on a two-day visit to France, said the crisis affecting the developed countri
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MARSEILLES
Prime-Minister-Manmohan-Singh
India
US
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Thwarted bailout hammers Asia stocks; yen up
Tuesday, September 30, 2008 www.hindustantimes.com
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Business
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Asian stocks tumbled, putting them on course for the biggest monthly decline in more than a decade, and the yen hit a 4-month high on Tuesday after US lawmakers rejected a $700 billion plan to end financial panic and stave off recession.
Fear gripped markets as investors dumped emerging market assets, sought stability in government debt and confronted the prospect that the crisis of confidence in
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Asian-stocks
US
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Uncertainty over the prospects as well as effectiveness of US govt’s much-touted $700-bn package sen
Tuesday, September 30, 2008 www.mumbaimirror.com
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Business
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Mumbai/New Delhi: A sharp decline in global bourses sent domestic stock markets into a tailspin, with the benchmark Sensex closing at a more than two-month-low amid fears that America’s mega-rescue plan may not be enough, even as the credit crisis spread to Europe.
Tracking its European and Asian counterparts, the BSE’s 30-share index closed the day down at 12,595.75, a loss of 506.43 points, or
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Mumbai
New-Delhi
Sensex
BSE
America
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Citigroup buys Wachovia banking operations
Tuesday, September 30, 2008 www.mid-day.com
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Business
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NEW YORK: In the latest byproduct of the widening global financial crisis, Citigroup Inc will acquire the banking operations of Wachovia Corp in a deal facilitated by the Federal Deposit Insurance Corp (FDIC).
Citigroup will absorb up to $42 billion of losses from Wachovia's $312 billion loan portfolio, with the FDIC covering any remaining losses, the government agency said yesterday.
The deal
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NEW-YORK
Citigroup
FDIC
Wachovia
JP-Morgan
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Markets slump before US Congress bailout vote
Monday, September 29, 2008 www.hindustantimes.com
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Business
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Global stock markets tumbled on Monday as US Congress was to vote on a multi-billion dollar bailout deal and as the ongoing financial crisis forced the state rescue of two European banks, dealers said.
US lawmakers agreed over the weekend to a 700-billion-dollar bailout for debt-stricken Wall Street banks and sent the legislation aiming to stem the US financial crisis for Congress to start voting
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US-Congress
European-banks
Joshua-Raymond
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Pak Delegation to visit J&K to finalise cross border trade
Monday, September 29, 2008 www.hindustantimes.com
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Business
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A delegation from Pakistan occupied Kashmir (PoK) is likely to visit Jammu and Kashmir next week to give final shape to the cross-border trade along the Line of Control as India and Pakistan have finalised a list of 21 items each to be traded.
The list includes the famous "crewel" embroided items, fresh fruits, medicinal herb and carpets from Kashmir to PoK and jahnamaz (prayer mats) and tasbih (
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Kashmir
PoK
Peshawari
LoC
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Bombay Stock Exchange Sensex down by 411 points at midsession
Monday, September 29, 2008 www.hindustantimes.com
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Business
)
The Bombay Stock Exchange benchmark Sensex tumbled by over 411 points at midsession on Monday on funds selling, sparked by a weak global trend amid depreciating rupee.
The 30-share index, which commenced the day lower, fell further to 12,691.15, recording a loss of 411.03 at 1230 hrs. The Sensex dipped below the 13,000 level for the first time since July 17.
The wide-based National Stock Exchang
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Bombay-Stock-Exchange
Sensex
bourses
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