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Economy
Fooling Us With the Petrol Price Breakup
Petrol prices have been cut by Rs. 2, or by about 4%. This is very strange, considering the price of crude is down nearly 20% from the peaks of $ 125 (though ...
Economy
India’s Q4 GDP Growth Slows, Has More To Go
GDP Growth came in at a miserable 5.3% for the quarter ended March 2012, ending the year at a 6.5% growth, compared to 8.4% in FY 2011. Look also at Nominal ...
Commentary
Readings: Buying India Abroad, Spain, Fed and Jelly Donuts
Ajah Shah on the moving of trading of Indian instruments outside Indian shores. The CEO of SGX wakes up in the morning and thinks about competing with NSE. The ...
General
May Sees The Biggest Monthly Fall in 2012
My standard month-end post of returns for the Nifty gives a –6.2% return, making it the third negative return in a row and the worst for 2012. What can we ...
General
Fresenius Kabi Down 20% on No-Delisting
Fresenius Kabi Oncology (FKONCO) is down 20% today on news that well, they won’t delist the company. The company’s been trading at over Rs. 100 per ...
Stocks
TataMotors Drops 11%, One-Timers in Results
Tata Motors crashed over 11% today. It seems markets didn’t like their results, which showed a doubling of profits on a year-on-year basis. Consolidated ...
Stocks
Indian Oil Gets 75,000 cr. of "Help" in 2011-12
Indian Oil Corp announced results yesterday with a massive 12,670 cr. (Rs. 126.7 bn) of profit in the last quarter (March 2012). Of course, the entire year ...
Economy
Why the Petrol Price Hike is a Good Thing
I write at Yahoo: Why the petrol price hike is a good thing Petrol prices were raised again recently, by Rs. 7.5 and the hike leaves the country seething, ...
Stocks
KSL and Industries Defaults on $90M FCCBs
KSL and Industries Limited was due to return $90.05 million from FCCB (Foreign Currency Convertible Bonds) borrowings. (Read: The Upcoming FCCB Problem) The ...
General