May 9th, 2012 
admin In the recent few years, the accelerating shift in economic power to emerging economies from developed economies is dramatically changing the global industries across the world.
This is evident from the fact that while the developed economies of the world are facing the brunt of financial crisis and recession these days, emerging economies including Brazil, Russia, [...]
Posted in Blogging 
Tags: developed economies, emerging economies, emerging markets, financial crisis 
No Comments » March 26th, 2012 admin On Tuesday, Greek political parties delayed yet again making the tough choice of accepting painful reforms in return for a new international bailout, The bailout is required for avoiding a chaotic default and Greek parties were seemingly deaf to EU warnings that the euro zone can live without Athens.
Leaders of the three parties in the [...]
March 23rd, 2012 admin The quarterly revenue of Walt Disney Co fell short of Wall Street’s expectations but profit grew at a faster-than-expected 12 percent clip as media networks and theme parks were able to hold strong in an uncertain economy. After trading hours, Disney shares fell 1.8 percent to $40.28.
The results came a day after news broke that [...]
December 16th, 2011 admin Treasury Secretary Timothy Geithner is all set to urge key officials of Europe to take decisive action next week at a make-or-break summit for preventing a debt crisis from turning into runaway contagion.
Treasury announced Geithner would be meeting French President Nicolas Sarkozy, new Italian Prime Minister Mario Monti, and Spanish Prime Minister-elect Mariano Rajoy on [...]
October 16th, 2011 admin On Friday, gold headed for its biggest weekly gain in a month as equities regained strength after fresh European efforts to resolve the debt crisis eased worries about a global recession.
Gold gained 1 percent to reach an intraday high of $1,665.99 an ounce and stood at $1,659.10 by 0648 GMT, up $9.75, bullion hit record [...]
October 12th, 2011 admin Kingfisher Airlines is working with a consortium of banks for further cutting down interest rates and raising working capital as the carrier looks to restructure its fleet by selling and leasing back some of its aircraft to lower debt, its chairman Vijay Mallya said.
In a speech at the airline’s annual shareholders’ meeting on Wednesday, Mallya [...]
Posted in Blogging Tags: aviation industry, forex loans, Kingfisher Airlines, working capital 1 Comment » October 11th, 2011 admin India’s second largest commercial vehicle maker, Ashok Leyland, said it expects its joint venture with Nissan Motors of Japan to sell 55,000 light commercial vehicles in the first year of sale, following a launch recently.
The demand for LCVs (Light commercial vehicles) in India is on the rise.
From in.finance.yahoo.com:
Light commercial vehicle sales in India have grown [...]
Posted in Blogging Tags: Ashok Leyland, commercial vehicle, commercial vehicles, joint venture, Nissan Motors No Comments » September 22nd, 2011 admin European shares slipped and most Asian stock markets posted gains on Wednesday as jittery investors fearful of a European debt implosion looked to the Federal Reserve to announce measures to jolt the U.S. economy.
The dollar rose against the euro and was stable against the yen, while benchmark oil hovered below $87 a barrel.
From news.yahoo.com:
European shares [...]
August 31st, 2011 admin LG Display, the flat-screen maker, will be slashing capital spending for the next quarter by a quarter as booming sales of mobile devices from iPads to Android smartphones saps demand for TV panels, its main source of earnings.
“LCD makers will keep 2012 investment plan conservative and LG is also likely to cut spending again as [...]
August 18th, 2011 admin Facebook users have expressed deep concerns over the appearance of confidential phone numbers on the social networking site.
The users are now realizing the sensitive information they’re sharing even though Facebook argues the feature has existed for over a year.
From in.news.yahoo.com:
Facebook adamantly denied that the confidential phone numbers of friends and family are freely accessible online, [...]
