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Posts Tagged ‘ India ’

India’s Energy Ties with Iran Unsettle Washington

By
June 17, 2013
TEST6India

India’s relentless search for hydrocarbons to fuel its booming economy has managed the rather neat diplomatic trick of annoying Washington, delighting Tehran and intriguing Baghdad, all the while leaving the Indian Treasury fretting about how to pay for its oil imports, given tightening sanctions on fiscal dealings with Iran. On June 7th the U.S. State Department reluctantly announced that it was renewing India’s six-month waivers for implementing sanctions against Iran, along with seven other countries eligible...
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Research In Motion Ltd (BBRY) Earnings Preview from Deutsche Bank

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June 16, 2013
TEST6BBRY Blackberry Research in Motion

Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) reports Q1 earnings next Friday and Deutsche Bank analyst, Brian Modoff is out with a preview. Many investors will be focused on BB10 units, given its recent launch and the company’s viability directly related to its success or failure. Modoff has done a number of checks since the launch of the platform, and the results have largely been mixed, if not slightly worse. However, he feels that the company could...
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Stan Druckenmiller in New Interview on China Says ;Nobody’s Ever Had Investment to GDP At 47%’

By
June 15, 2013
TEST6Stan Druckenmiller

Stan Druckenmiller is Chairman and Chief Executive Officer of Duquesne Family Office. He founded Duquesne Capital Management in 1981, which Stan Druckenmiller ran until he closed the firm in 2010. Previously, he was a Managing Director at Soros Fund Management, where he served as Lead Portfolio Manager of the Quantum Fund and Chief Investment Officer of Soros. He sat down with  Hugo Scott-Gall of Goldman Sachs for an interview. Below is the full interview with...
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MetLife Asian Potential Growth: A Look at India And China [ANALYSIS]

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June 13, 2013
TEST6Metlife logo

In a previous article, we discussed Metlife Inc (NYSE:MET) potential in Asian markets with a focus on Japan. To recap, the company’s premiums from international operations have grown from $2.88 billion in 2008 to $13.29 billion in 2012 with over 60% of the premiums coming from Asia. MetLife’s Asian business spans across China, Japan, Hong Kong, South Korea, Australia, the UAE, Nepal, Bangladesh, India and Pakistan. In this article, we discuss MetLife’s growth potential in some...
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Amazon Starts Selling Kindle Tablets & E-Readers Online In India

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June 13, 2013
TEST6Amazon

As we’ve reported earlier, Amazon.com, Inc. (NASDAQ:AMZN) has quietly made an entry into the Indian ecommerce market with Amazon.in. Today, Amazon took yet another bold step and began listing its Kindle tablets and e-readers at Amazon.in. The original 6″ Kindle device is available for order right now but other models like the Kindle Fire HD and Kindle Paperwhite will be available starting on June 27th. Those who’re interested can sign up for an alert from...
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Microsoft To Launch Xbox One In Asia In 2014

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June 11, 2013
TEST6Microsoft

Microsoft Corporation (NASDAQ:MSFT)’s upcoming Xbox One game console will make a big splash at the E3 gaming convention this week. The new game and home-entertainment system will arrive in the United States in November, however it won’t arrive in Asia until late 2014. Microsoft Yet To Annouce Launch Date Of XBox One In Japan On Tuesday, the tech company made a confirmation to the Wall Street Journal that Xbox One wouldn’t come to Asia...
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Warren Buffett: Pay Up, But Don’t Overpay

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June 6, 2013
TEST6Warren Buffett speech transcript

Warren Buffett is a great role model for value investors everywhere. I, however, have been asked to write on just one lesson from Warren Buffett that would particularly apply to investors — both local as well as foreign — in Indian stocks. Having practised value investing in India for the last 19 years, and taught it for the last 12, I came up with this. Flashback to March 1992. Harshad Mehta has lifted Indian...
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GREED And Fear: Long Case for Japan and India

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June 6, 2013
TEST6GREED And fear india WPI and-CPI inflation

The latest from Chris Woods of CLSA from his popular letter GREED and Fear. Woods is bullish on India and Japan, a bit surprising for someone known as a bear. See below for coverage from prior GREED and Fear notes. GREED and Fear (Tapered off?) “Tapering off” fever continues to occupy financial markets. But amidst the extraordinary hysteria generated by a US ten-year Treasury bond yield at 2.1% investors would do well to remember...
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FBI And Microsoft Busted A Botnet Citaldel That Stole $500M

By
June 6, 2013
TEST6Microsoft logo

Microsoft Corporation (NASDAQ:MSFT) has helped FBI in busting a massive racket that has stolen more than $500m (£323m) from bank accounts by hacking details from user’s home computers, says a report from BBC. The coordinated operation that broke the mammoth network was carried in 80 countries by police forces, tech firms and banking institutions. The coordinated operation included confiscation of devices that were responsible for running of Citadel, but despite the efforts, identity of...
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McGraw Hill Eyes 75% Stake In CRISIL Through Open Offer

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June 3, 2013
TEST6McGraw hill

McGraw Hill Financial Inc (NYSE:MHFI), that owns Standard & Poor’s rating agency plans to hike its stake in CRISIL Ltd. (NSE:CRISIL) to 75 percent through an open offer. McGraw Hill Financial Holdings (Singapore) P Ltd has made a voluntary offer to acquire 15.67 million shares or 22.23 percent of the voting shares of India’s leading rating agency, CRISIL Ltd. (NSE:CRISIL) at a price of Rs 1,210 or $12.42 per equity share. The offer represents a...
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Nokia Corporation (NOK) Appeal Dismissed In India

By
May 31, 2013
TEST6Nokia

Nokia India Pvt Ltd, the Indian arm of Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) today said Indian tax authorities have dismissed its appeal against an income tax bill of 20.8 billion rupees. Commissioner Of IT Dismissed Nokia’s Appeal The Commissioner of Income-Tax (Appeals) has dismissed the Finnish mobile phone maker’s appeal against the income tax demand notice for five fiscal years commencing 2006-07. The new dismissal by the tax authorities is a jolt to Nokia Corporation’s...
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