Monday, June 25, 2012

Indian CEOs prefer Esops despite choppy market

Indian CEOs prefer Esops despite choppy market


Indian CEOs prefer Esops despite choppy market

Posted: 25 Jun 2012 08:28 PM PDT

Despite a choppy stock market and an overall adverse economic climate, Indian CEOs and senior executives still prefer employee stock options (Esops) over deferred cash, according to a study.


RBI measures fall flat on D-Street, sensex dips

Posted: 25 Jun 2012 06:51 PM PDT

The outgoing finance minster's much publicized 'big steps' from RBI aimed at strengthening the rupee has turned out to be a small step which disappointed Dalal Street investors, leading to a nearly 300-point slide in the sensex from its day's high.


Som Mittal to be Nasscom president for another year

Posted: 25 Jun 2012 06:49 PM PDT

Nasscom president Som Mittal's tenure at the IT industry body has been extended by one year, till early 2014. Mittal's original five-year tenure was to end in early 2013.


Govt steps fail to cheer forex market

Posted: 25 Jun 2012 06:47 PM PDT

The Reserve Bank of India (RBI) in consultation with the government announced a host of measures to encourage flow of foreign debt, but failed to cheer forex markets where the rupee slipped to end the day below 57 levels, close to its historic lows.


Indian IT finds it tough to hold on to expats

Posted: 25 Jun 2012 06:46 PM PDT

Indian information technology (IT) companies that have turned to expatriates and foreigners to fill senior management positions — to take advantage of their global experience and give the companies better global branding — are facing challenges in retaining them.


Google to take on Apple, MS with its own tablet

Posted: 25 Jun 2012 06:43 PM PDT

Google, which competes with Apple through its Android operating software in the phone market, will launch its tablet on June 27 at Google I/O, the company's annual event for developers.


Cyprus applies for EU aid

Posted: 25 Jun 2012 06:42 PM PDT

Cyprus became on Monday the fifth euro zone country to seek financial assistance from the European Union's rescue funds, announcing it was applying for a bailout for its banking sector hit by exposure to the crisis in Greece.


JSPL eyes buyouts despite setbacks

Posted: 25 Jun 2012 06:39 PM PDT

Despite setbacks in Bolivia and Australia, Jindal Steel and Power (JSPL) has said it is "actively considering" acquisition opportunities in India and abroad in its hunt for natural resources.


Subsidy spoiling green image of Indian companies

Posted: 25 Jun 2012 06:29 PM PDT

Government policies on subsidy are preventing Indian energy-intensive companies from improving their carbon image globally even though comparable firms in the developed world on an average have higher overall emission figures, according to India Market and Environment Report.


Microsoft buys Yammer for $1.2 billion

Posted: 25 Jun 2012 11:48 AM PDT

Microsoft Corp agreed to buy online social network firm Yammer Inc for $1.2 billion in cash, which will allow the software company to offer a service like Facebook Inc's to corporate customers.


Rupee extends slide after economy measures

Posted: 25 Jun 2012 08:12 AM PDT

The rupee weakened further on Monday, erasing all of the session's gains and heading towards a record low, as measures to boost the economy and the currency announced by the central bank widely disappointed investors.


Rupee extends slide after eco measures

Posted: 25 Jun 2012 08:12 AM PDT

The rupee weakened further on Monday, erasing all of the session's gains and heading towards a record low, as measures to boost the economy and the currency announced by the central bank widely disappointed investors.


Sensex ends 90 points lower

Posted: 25 Jun 2012 07:17 AM PDT

Investors gave a thumbs-down to RBI's fresh measures to stem the rupee slide as Sensex today erased the initial 158-point gain and closed 90 points down as the widely-anticipated steps did not match market expectations amid the currency plunging close to 58 levels.


Spain formally requests EU aid

Posted: 25 Jun 2012 04:53 AM PDT

Spain formally requested euro zone rescue loans to recapitalise its debt-laden banks on Monday as the euro and shares fell on investor scepticism about this week's EU summit.


China's Huawei to invest $2bn in India

Posted: 25 Jun 2012 04:43 AM PDT

Despite uncertainties in the telecom sector, Chinese equipment maker Huawei will invest USD 2 billion over the next four years in India as it looks to aggressively market consumer devices and set up global R&D centre in the country.


Gold declines by Rs 180, silver gains Rs 225

Posted: 25 Jun 2012 03:00 AM PDT

A divergent trend was seen in the bullion market here today as gold fell by Rs 180 to Rs 30,270 per 10 grams, while silver gained Rs 225 to Rs 53,200 per kg.


Sesa Goa, Sterlite Industries get nod for merger

Posted: 25 Jun 2012 02:16 AM PDT

Shareholders of Sesa Goa and Sterlite Industries - both controlled by London-listed miner Vedanta Resources - approved the plan to merge the group's various Indian arms into a single unit.


Sensex rises 110 points on stimulus hopes

Posted: 24 Jun 2012 11:58 PM PDT

Sensex and Nifty continued to hold early trade gains on hopes that the govt's new stimulus measures to be announced today will boost the economy.

India's rating outlook stable: Moody's

Posted: 24 Jun 2012 10:54 PM PDT

Global agency Moody's today retained outlook on India's rating at stable despite slowdown in GDP growth rate saying that it is unlikely to be even a medium-term feature.


Asia's investment banks launch round of job cuts

Posted: 24 Jun 2012 10:40 PM PDT

CLSA , Deutsche Bank, Goldman Sachs, and UBS were among the banks and brokerages that cut jobs, the sources said.

Sensex crosses 17k level, up 144 points

Posted: 24 Jun 2012 09:37 PM PDT

The BSE benchmark sensex gained over 144 points in early trade on Monday to cross the 17,000 level.


Rupee recovers from record low

Posted: 24 Jun 2012 09:30 PM PDT

Rupee recovered sharply by 65 paise against the dollar in early trade on Monday on selling of American currency by banks amid expectations that Reserve Bank may announce steps to boost the local unit.


No comments:

Post a Comment