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A weekly Ppt on Economic times for the week of 3rd to 10th october,2010<br />Submitted by<br />Vishal Sharma<br />MBA-2C<b...
MUMBAI: Rising income levels in the country and a corresponding increase in aspirational levels of consumers are encouragi...
There are about 23 or 24 companies here participating in this conference across various sectors. This is a combination of ...
LONDON: Britain's efforts to limit migration of professionals from outside the European Union is likely to be neutralised ...
Placing the annual limit on non-EU professionals is a key promise of the coalition government. The controversial measure h...
Lead managed by Enam Securities , the share offering would be a mix of fresh issue and an offer for sale of equity shares ...
NEW DELHI: The Incredible India mood, briefly generated by the spectacular opening ceremony, has evaporated as far as the ...
The Australian newspaper has carried a scathing article, headlined, "Games are running on empty: A poorly run event may sp...
NEW DELHI: India may allow individual investors based overseas to directly buy stocks for the first time, easing a rule th...
Capital market regulator Sebi sees no let up in institutional investment from overseas that has driven the BSE’s Sensex to...
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WEEKLY NEWS

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WEEKLY NEWS

  1. 1. A weekly Ppt on Economic times for the week of 3rd to 10th october,2010<br />Submitted by<br />Vishal Sharma<br />MBA-2C<br />94972238251<br />
  2. 2. MUMBAI: Rising income levels in the country and a corresponding increase in aspirational levels of consumers are encouraging jewellers to expand their presence in the domestic market. And these companies are turning to the buoyant stock market to fund their expansion plans. Mumbai-based Tara Jewels is planning to raise Rs 200 crore to increase its retail footprint to 50 stores from the current 15 stores in two stages by the end of the current financial year. <br />Jewellers look to tap market while going is good<br />
  3. 3. There are about 23 or 24 companies here participating in this conference across various sectors. This is a combination of midcaps and large caps, but more tilted towards the midcap as we see a lot of interest coming in the midcap sector from the investors. We have had a good mix of companies in the consumption space, in the infrastructure space, in the IT space. So it’s a fairly well balanced mix of companies from various sectors.<br />Sensex is definitely moving towards 25000: VikasKhemani, Edelweiss<br />
  4. 4. LONDON: Britain's efforts to limit migration of professionals from outside the European Union is likely to be neutralised by an India-EU trade agreement that may allow Indian professionals to bypass British immigration laws and take up work in UK. The India-EU free trade agreement is expected to be signed in December, and the David Cameron government is divided over the issue, 'The Daily Telegraph' reported today. <br />India-EU trade deal may nullify UK migration cap<br />
  5. 5. Placing the annual limit on non-EU professionals is a key promise of the coalition government. The controversial measure has been opposed by many, including ministers and British companies. <br />
  6. 6. Lead managed by Enam Securities , the share offering would be a mix of fresh issue and an offer for sale of equity shares worth `50 crore by Fabrikant HK Trading . JoyAlukkas and TBZ The Original are the other jewellery firms that have announced plans to go public shortly. “Statistics show the diamond jewellery market is growing by 40% here against 4% per annum in the international market,” says Rajeev Sheth, chairman & managing director, Tara Jewels. “The culture of India being that of savings, we consider ourselves fortunate. We are in a market where a jewellery purchase is considered as a form of investment and is due to flourish,” he said. Despite gold prices now hovering around `20,000 a tola, jewellers say that any weakness in gold prices threatens to bite into the wafer thin profit margins of gold jewellers. <br />
  7. 7. NEW DELHI: The Incredible India mood, briefly generated by the spectacular opening ceremony, has evaporated as far as the world media is concerned. AFP's put out a report that's been picked by many big newspapers that begins by saying, "From 'toxic' pools to empty stadiums to faulty boxing scales, the first week of the Delhi Games has served up daily blunders that have deepened India's embarrassment. The event is the most expensive in the history of the competition, but could set records for another reason: being the most accident and gaffe-prone." <br />World media slams 'blunder-prone' CWG<br />
  8. 8. The Australian newspaper has carried a scathing article, headlined, "Games are running on empty: A poorly run event may spell the end of the contest". <br />
  9. 9. NEW DELHI: India may allow individual investors based overseas to directly buy stocks for the first time, easing a rule that restricts investments to mutual funds, said a finance ministry official with direct knowledge of the matter.<br />Some government officials see no need to differentiate between India-focused mutual funds and foreign retail investors, the official said, declining to be identified because the review of the rule is confidential. The finance ministry may set a limit on the amount individuals can invest, said the official. <br />Overseas retail investors may get to buy stocks directly<br />
  10. 10. Capital market regulator Sebi sees no let up in institutional investment from overseas that has driven the BSE’s Sensex to near an all-time high, chairman CB Bhave said on Thursday. The rule change may add to the $92 billion foreign funds that have poured into local stocks since they were allowed into the country in 1993, with almost a quarter invested this year. <br />

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