Sunday, August 19, 2012

Buybacks fail to halt stock slide

Buybacks fail to halt stock slide


Buybacks fail to halt stock slide

Posted: 19 Aug 2012 03:30 PM PDT

Berkshire Hathaway chairman Warren Buffett displayed rare mixed emotions after his company disclosed a share buyback plan last year.


IT companies' women hiring from campuses @ new high

Posted: 19 Aug 2012 03:23 PM PDT

In a major landmark for the IT industry-may be for most industries-IBM India has this year hired more women than men during its campus recruitment.

Denied boarding? You may get more damages

Posted: 19 Aug 2012 03:21 PM PDT

Denying boarding to travellers with confirmed tickets who reach airport well in time for their flight could soon cost airlines dear.


There is room for further rate reduction: SBI chairman

Posted: 19 Aug 2012 02:58 PM PDT

Taking a cue from the minister, in an interview, SBI chairman Pratip C Chaudhuri told TOI that there is scope for a further reduction in rates but the bank will be selective.


Our financial situation has improved: Italian PM

Posted: 19 Aug 2012 10:52 AM PDT

Italy's financial situation has made progress compared with last year, the premier said Sunday, believing the country will eventually emerge from the bleak economic crisis.


Suzuki to recall 102,000 cars in US

Posted: 19 Aug 2012 07:59 AM PDT

Subject to the recall are Forenza vehicles produced between 2004 and 2006 and Reno vehicles made between 2005 and 2006.


Deep ocean lure grows as high-tech drilling pays off

Posted: 19 Aug 2012 07:52 AM PDT

The world's biggest offshore oil players, from the likes of BP, Royal Dutch/Shell and Chevron to national oil companies with promising offshore waters such as Petrobras in Brazil, India's ONGC and Mexico's Pemex - are using the proceeds of high oil prices to spend at a pace.


FIIs buy equities worth $11bn this year

Posted: 19 Aug 2012 07:50 AM PDT

Overseas investment into Indian stock markets has crossed USD 11 billion so far this year, with more than USD 1 billion being pumped in this month alone.


Sebi mulls 'safety net' for IPO investors

Posted: 19 Aug 2012 12:33 AM PDT

Sebi is of the view that a 'safety net' provision in the IPOs could help in the government's efforts to channelise the household savings into the equity market, rather than turning into 'idle money' by going to assets like gold.


Crop production expected to fall by 2.3% in FY 13

Posted: 19 Aug 2012 12:03 AM PDT

The major crop output is expected to decline by 2.3 percent in 2012-13, following poor kharif sowing due to weak progress of the south-west monsoon, economic think tank CMIE has said.


China's currency under pressure as growth slows

Posted: 18 Aug 2012 09:00 PM PDT

China's currency is facing strong downward pressure this year as the country's once surging growth rates slow amid a stalling global economy and signs of capital flight after years of inflows.


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