List
of articles referred from in.reuters.com
Stock markets open 0.5 % down
Tuesday, October 09, 2007 in.reuters.com
(
Stock market
)
The bourses which opened in the red on Tuesday, extended their losses to more than 1 percent on account of fear of early elections.At 9:57 a.m., the Sensex was down 0.49 percent, or 85.84 points at 17,405.55, with 23 components in the red. While the Nifty was down 0.75 percent at 5,047.10.
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sensex
nifty
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Comments | Submitted by : bugs
Airtel to hive off 10 percent in tower arm : Reports
Monday, October 08, 2007 in.reuters.com
(
M & A
)
Bharti Airtel Ltd, India's top mobile services firm, is curently holding talks to hive off a 10% stake in its mobile telecoms tower company for about $1.1 billion. According to the Economic Times, Bharti is neogtiating with Singapore's state-owned Temasek Holdings and Warburg Pincus to sell a stake in Bharti Infratel.
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Bharti-Infratel
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Comments | Submitted by : newshound
Populist measures could inflate fiscal deficit
Monday, October 08, 2007 in.reuters.com
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Finance
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The fiscal deficit which has reduced to 3.5 percent from almost 7 percent five years ago could take a severe beating if the goverenment were to undertake populist measures, keeping the elections in mind. According to analysts, moves such as a hefty pay rise for government workers, plans to keep fuel prices low, and new welfare schemes for India's poor, could inflate the deficit to 4 percent of th
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fiscal-deficit
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Comments | Submitted by : newshound
Yes Bank raises 1.82 bln rupees in debt
Monday, October 08, 2007 in.reuters.com
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Finance
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Yes bank, a private sector lender said that it had raised 1.82 billion rupees through private placement of bonds to augment its capital adequacy. In a statement it said that it had placed unsecured, redeemable, non-convertible, subordinated bonds worth 500 million rupees with an option to retain the oversubscription. The fund raising is part of a plan to raise 8.4 billion rupees in equity and debt
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Yes-Bank
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Comments | Submitted by : newshound
BOI may dilute 5% govt stake : Chairman
Friday, October 05, 2007 in.reuters.com
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Finance
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The Bank of India chairman, T.S. Narayanasami said that the state-run bank was likely to tap the capital market to raise fresh equity and dilute 5 percent of the government's stake in the bank. Narayanasami also said that the bank expected loan growth of about 23 to 24 percent in the fiscal year ending in March 2008.
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Capital-Market
Equity
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DLF to raise 20 billion rupees : Reports
Friday, October 05, 2007 in.reuters.com
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Business
)
Newspaper reports stated that DLF Ltd - India's largest real estate developer - is currently holding talks with private equity firms and investment banks to raise 20 billion rupees ($500 million). According to the Times of India and the Economic Times, DLF was in talks with firms such as Carlyle, Merrill Lynch, JPMorgan and Crown Capital.
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Private-Equity
Investment-Banks
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Innovative technology can help economy expand
Friday, October 05, 2007 in.reuters.com
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Finance
)
According to Mark Dutz, a senior economist at the World Bank, the Indian economy could expand even faster if there was greater use of innovative technology and schools and colleges raised the calibre of their teaching. "The output of the economy could increase more than five-fold if all enterprises could achieve national best practices based on knowledge already in use in India," he said.
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World-Bank
Indian-Economy
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Suzlon bags order from DLF
Wednesday, October 03, 2007 in.reuters.com
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Business
)
Wind turbine maker Suzlon Energy Ltd had got an order from property developer DLF Ltd to build a wind farm with a total turbine capacity of 150 megawatts in western India. However, the company did not disclose the value of the order, which included supply of 100 units of turbines to be installed by March 2008.
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Wind
Suzlon
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Junta releases 80 detained monks : Myanmar
Wednesday, October 03, 2007 in.reuters.com
(
Foreign Affairs
)
The junta in Myanmar released 80 monks who were detained in last week's crackdown on the biggest anti-government protests in nearly 20 years. According to a monk, who was released, 16 out of the 96 monks arrested will be released shortly. The monk said that the detainees' were subjected to verbal abuse during interrogation.
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Monks
Myanmar
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Comments | Submitted by : traveller
Stock markets seen rising 27 pct in year to end-2007
Friday, September 28, 2007 in.reuters.com
(
Finance
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The findings of a Reuters poll indicated that Indian stocks have enough fire-power to pull further ahead in the next three months as foreign money continues to pours into the booming economy. However, on account of a rising Rupee, the gains in the forthcoming year are likely to be lower- after a five-year bull run. Analysts expect the index to reach 19,000, by end-2008.
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Reuters
Bull-Run
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Comments | Submitted by : corporate
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