Monday, May 21, 2012

Top News of the week ended May 20th

  • Sensex testing the lower end of the crucial channel from Feb'12.
  • Rupee sinks to a record low against Dollar.
  • Euro hits lowest levels in four months.
  • April Inflation soars by 7.23%, dashing hopes of further rate cuts.
  • Analysis of 989 companies shows growth in net profit by 2.7%.
  • Premium realty deals may come under GAAR for stamp duty evasion.
  • PMO suggests SPV to speed up infra projects.
  • Incompetent companies may find it hard to rejig debt.
  • FaceBook IPO debut falls short of expectations, ends at par with issue price.
  • G8 backs Greece, vows to combat financial turmoil.

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