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“In India, companies may fall sick, but promoters rarely do!”

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Economy

What a way to run the World says “The Economist”

From The Economist of July 5,2008 G 7 democracies plus Russia-gather in Japan to review the world economy.But what is the point of their discussing oil price without Saudi Arabia,the world’s biggest producer? or waffling about the dollar without China,which holds so many American Treasury bills? or slapping sanctions on Robert Mugabe,with no African present…. …

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Barclays Bark on India : Macro Storm Approaching!

Barclays Capital,the Investment Banking Arm of Barclays Bank released a Fifteen Page report on India, dated July 10,2008 and authored by their Senior Regional Economist,Mr Shailesh K Jha Why this report caught my eye was the gloomy forecast on major economic indicators in the very short term Optimists would have only one response ” Ja re …

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USA : Further Major Financial Earthquakes expected !

It’s just a matter of time for another major Financial Earthquake in USA and the aftershocks will be felt all over the world…preshocks are already visible…Citibank,India is selling of prime residential property all over Mumbai and is rumored to be looking for buyers for it’s Eight storeyed Bandra Kurla Complex Head Quarters In USA it’s a …

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3 I’s…Infosys,Inflation and IIP Numbers announced today weakens sentiment further

Sensex has reacted sharply by over 200 points and trying to stay above 13700 at 12.49 pm as the following 3 I’s take effect…further reaction expected  Infosys declared quarter ended June 2008 numbers on expected lines today but did not raise Dollar EPS guidance significantly….only a cent higher to a range of  US $ 2.32 to US $ 2.36.Share Price …

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