Do Not Subscribe To the Indian Bank Issue Government Has No Confidence in Indian Bank Recently Indian Bank’s CMD T M Bhasin announced in a press conference that the government of India has agreed to dilute its share in the bank. What does this statement really mean? The government of India is not […]
Do not touch MphasiS shares even with a barge pole
Do not touch MphasiS shares even with a barge pole Weekly H/L 346.55 311.95 Monthly H/L 368.35 311.95 52 Weeks H/L 711.90 308.05 ( 21 Jan 11 ) ( 22 Aug 11 ) Delivery / Var+ELM % 21.85 16.64 Ex Date (in Cr.) Jul-11 Apr-11 FY09-10 Revenue 916.60 827.73 3,770.09 Net Profit […]
Marriott International is focusing more on India
Marriott International is focusing more on India Focus on India Marriott International is planning to set up 100 hotels in India by the year 2015. At present it has two hotels in India under the brand name JW Marriott. The first hotel in Mumbai was opened a decade back. Recently it opened another […]
Mergers & Acquisitions may slow down in the second half
Mergers & Acquisitions may slow down in the second half Slowdown in M&As predicted PwC has predicted that mergers and acquisitions worldwide in the mining sector are bound to slowdown in the second half of the year due to jittery markets. Global equity markets are melting down due to economic slowdown and will […]
Tax treaty with Mauritius unlikely to be changed
Tax treaty with Mauritius unlikely to be changed Review of tax treaty with Mauritius postponed Foreign investors entering into Indian stock markets through Mauritius were hitherto enjoying tax benefits. A prospective tax-treaty between India and Mauritius was scaring them. But now political uncertainty in Mauritius has held up the review of tax […]
Myanmar will never allow Suu Kyi to come to power
Myanmar will never allow Suu Kyi to come to power EU official permitted to meet Suu Kyi European Union’s top aid official has completed his visit to Myanmar and was allowed to meet the peace icon Aung San Suu Kyi. The official stated that the Myanmar authorities encouraged more humanitarian access to more […]