The US Dollar Index was broadly under pressure on account of overall optimism over the solution to the European debt crisis. Better recovery from the United States too was favourable for highyielding currencies. The European banks were downgraded, which hardly shocked market participants as investors knew very well that European…
Hundreds of equity schemes and poor participation of retail investors into mutual funds have forced many fund houses to merge their schemes, resulting in less confusion in the mind of investors while selecting the schemes to suit their needs. The fund industry has often been blamed for offering a number…
Founded in 1947, PI Industries (PII) is a leading agri-input and custom synthesis company in India. In the mid-1990s, PII entered into the custom synthesis business (which currently contributes about 40% to the total revenue). From April ’11, the polymer business has been divested to Rhodia, SA, a French multinational…
The draft telecom policy of 2011 comes at a time when the sector is struggling to deal with increasing competition and stretched balance sheets, the result of recent acquisitions made by certain players and a heavy capex undertaken to finance the auction of 3G spectrum and its implementation. That apart,…
When the festive season is round the corner in India, retailers come out with various schemes and incentives to give a veritable push to the sale of their products and services. Along with retailers, both public and private banks are also seen doing the same this time around. Most big…
The Indian infrastructure sector is poised for growth with the government planning an expenditure of around $1 trillion alone on infrastructure projects under the 12th Five-Year Plan. Investing in infrastructure projects is crucial, considering the glaring infrastructure deficits in the country. An excellent example of this is the looming threat…
Bangladesh’s importance as a textile hub has increased greatly in the past few years. Further, cheap labour, low manufacturing costs and almost duty-free access to European and Chinese textile companies has helped Bangladesh emerge as the strongest textile destination, outweighing India too. It is therefore important to know the reasons…
The two-wheeler segment in India is going through interesting times. For a long time the two-wheeler segment had a clear set of patterns. Market share, new launches, product innovations and marketing of products have for long been the same. Hero Honda (now Hero Moto Corp), Bajaj Auto in the top,…
Ninety-nine percent plunge in net profit! That is really scary for any listed company to post as its quarterly result. And when the company is State Bank of India (SBI) – largest bank by any measure in the country – questions are bound to be asked. On 17th May this…
After years of contemplation, it seems India is ready to ta ke the plunge and come out with the sovereign wealth fund (SWF). A member of the Planning Commission recently revealed that the Finance Ministry of India is mulling the setting up of a sovereign wealth fund with an initial…
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