Tata Capital is advertising its new issue of Non Convertible Debentures heavily. Basic data: Issue size: 500 cr. (lower end) to 1500 cr. (upper end). Dates: ...
Bloomberg: U.S. regulators accused R. Allen Stanford of running a “massive, ongoing fraud” while selling about $8 billion in certificates of deposit ...
The 10 year, 2018 bond ended at a yield of 6.48%, which is a new recent low in the price (111.6). Reasons, they say, is that the government needs to borrow a ...
Gold prices touched 15,000 rupees in India for 10 grams and $950 abroad (for an ounce). GoldBEES, a Gold ETF I own, traded at 1500 on the NSE. This is a ...
Bloomberg: Chinese loans diverted to stocks As much as 660 billion yuan ($97 billion) may have been converted by companies into term deposits or used to buy ...
$585,000 for this place shown by Jim the realtor: (Hat tip: Calculated Risk) That’s about Rs. 2.8 cr., for a 4300 sq. ft. 4br house, fireplace, pool in ...
The much-hyped interim budget, presented by an interim finance minister after the real finance minister moved to the home ministry, and the replacement went to ...
A Roubini interview to start re-blogging: Important to note the last bit: Going the way of Sweden, has some hope: Sweden took over the banks, hived off the bad ...
I’ve been moving from Mumbai to Gurgaon and the last two weeks have been long and without proper internet access; lots of news and lots to write about. ...