Tag Archive
Swine Flu Panic Attack Reaches India – US-FOREX.US
MUMBAI -
Four months after the first outbreak of swine flu, India is discovering how deadly this virus can be. The country’s first swine flu death, that of a 14-year old schoolgirl on August 3, followed by seven more patients succumbing to the disease in the span of a week, has set off a panic attack… »
Heavy Metal Local Vs. Global – US-FOREX.US
As India’s Tata Steel gets ready to declare its earnings later this week, there are signs of green shoots in some geographies in the metals industry. But its albatross, Corus, will continue to drag it down, analysts predict.
While steel may remain in oversupply over the next three to five years, inventory-driven mini cycles can provide… »
What Sugar High – US-FOREX.US
High-riding sugar futures finally slipped on Monday, as economic uncertainty weighed on commodity prices and investors tried to take profits. Sugar for October delivery shed 0.26 cents, to settle at 17.32 cents, on the IntercontinentalExchange. At the end of June, ICE sugar futures hit a three-month high at 18.09 cents. Analysts have been bullish on… »
How Much Bang For Your Buck – US-FOREX.US
Renewed economic pessimism fueled gains for the dollar and yen on Monday, but the greenback’s supremacy is still being questioned.”The U.S. dollar and yen have been absolutely soaring against the euro and Sterling since trading resumed [Sunday],” said Dan Cook, chief market analyst at IG Markets, a European-based Forex and foreign exchange derivatives trading outfit…. »
Jaguar Roars Into India – US-FOREX.US
Indian carmaker Tata Motors is taking a gamble in its goal to revamp struggling British brands Jaguar and Land Rover, which it bought in June last year, after launching them with much fanfare in Mumbai on Sunday.Jaguar was previously a Ford Motor property, sold off in anticipation of a cash crunch. Ford’s Jaguar diverstiture is… »
Tata Wants Jaguar To Roar In India – US-FOREX.US
Tata Motors may have launched Jaguar and Land Rover to much fanfare in Mumbai on Sunday, but the Indian carmaker is also taking a gamble in its goal to revamp the struggling British brands it bought in June last year.
Tata has said that it wants to target India’s wealthy, but growth in the country’s luxury… »
Mahindra IPO Spells Success – US-FOREX.US
MUMBAI -
India’s first public offer in 15 months, from timeshare firm Mahindra Holidays & Resorts, concluded successfully on Friday. The issue of 9.27 million shares received a deluge of 60,000 applications and bids for 90.83 million shares at the end of trading as the Sensex gained 419 points, or 2.9%, to close at 14,765.”We’ve done… »
Nilekani Quits Infosys To Join Government – US-FOREX.US
MUMBAI -
In a rare and refreshing move, the Indian government has tapped a corporate executive to take charge of a long-delayed project to provide identification numbers to its 1.1 billion citizens, akin to a social security number. Nandan Nilekani, the much respected co-chairman of Infosys Technologies
, India’s second largest IT firm, will head the newly… »