SahilMehra<br />MBA(IB)<br />THE Economic times news11thoct- 15thoct<br />
Tough Going: Fiat dresses up front-end staff to revive sales<br />Tata motors and Fiat signed joint venture in 2007 to bui...
IT BIGGIES VROOM BACK ON JOB STREET<br />
Cil set to make history with rS 15200cr ipo<br />
Coal India is worth 30% more, say research firms-ANALYSTS VALUE CO BETWEEN 265 & 324 A SHARE<br />
As trade grows, banks pitch for -yuantrade-Direct Link To Cut Transaction Time & Costs<br />Paying the price Since the rup...
China’s trade surplus caps biggest quarter since 2008<br />CHINA, the world’s biggest exporter, posted a $16.9 billion tra...
Currency holdings rose about $194 billion in the third quarter, Wednesday’s statement from the People’s Bank of China show...
“With hostilities in the currency war already declared, a record increase in FX reserves in the third quarter and a near r...
Hits & misses-cwg<br />Connaught Place shines in glory<br />Operation salvage<br />No traffic blues<br />Delightful hospit...
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11th - 15 Oct

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11th - 15 Oct

  1. 1. SahilMehra<br />MBA(IB)<br />THE Economic times news11thoct- 15thoct<br />
  2. 2. Tough Going: Fiat dresses up front-end staff to revive sales<br />Tata motors and Fiat signed joint venture in 2007 to build cars and produce transmission sets<br />While Tata have benefitted by powering their cars with Fiat engines, the joint dealership and engine collaboration is yet to help the Italian carmaker spruce up its front end<br />Between April & September,Fiat India sold 11863 cars while Tata Motors logged close to 1.74 lakh units<br />Industry experts blame the Italian carmaker’s poor after sales record as a key for its dismisal sales in India even as the sales of Tata and maruti brands using Fiat boom in the country<br />
  3. 3. IT BIGGIES VROOM BACK ON JOB STREET<br />
  4. 4. Cil set to make history with rS 15200cr ipo<br />
  5. 5. Coal India is worth 30% more, say research firms-ANALYSTS VALUE CO BETWEEN 265 & 324 A SHARE<br />
  6. 6. As trade grows, banks pitch for -yuantrade-Direct Link To Cut Transaction Time & Costs<br />Paying the price Since the rupee and the yuan are largely non-convertible currencies, export and import transactions between the two countries have dollar legs A transaction that can take 2 to 3 days due to time-zone differences and involves certain operational costs <br />Testing waters Limited yuan trading in Hong Kong offshore market for trade, certain capital account transactions has been allowed <br />Seeking global role China's recent actions have been seen as efforts to globalise the yuan China looks to globalise its currency <br />
  7. 7. China’s trade surplus caps biggest quarter since 2008<br />CHINA, the world’s biggest exporter, posted a $16.9 billion trade surplus<br />Exports rose 25.1% from a year earlier and imports climbed 24.1%<br />Foreign-exchange reserves jump to $2.65 t <br /><ul><li> China’s foreign-exchange reserves, the world’s largest, surged by a record to $2.65 trillion at the end of September,
  8. 8. Currency holdings rose about $194 billion in the third quarter, Wednesday’s statement from the People’s Bank of China showed. September exports were the second highest on record at $145 billion.
  9. 9. “With hostilities in the currency war already declared, a record increase in FX reserves in the third quarter and a near record haul for exporters in September hangs a target around the neck of China’s exchange rate regime,” said Tom Orlik, an analyst. — Bloomberg</li></li></ul><li>Gush of dollars set to hit IndiaGovt, RBI May Be Forced To Go For Selective Controls<br />
  10. 10. Hits & misses-cwg<br />Connaught Place shines in glory<br />Operation salvage<br />No traffic blues<br />Delightful hospitality<br />Culture curry<br />Safe capital<br />Ticketing disaster<br />IGI Metro link stuck<br />Maestro AR Rehman: Out of tune<br />Unfinished business<br />Missing merchandise<br />Badarpur route delays<br />Identity crisis for beggars<br />
  11. 11. CONTD….<br />

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