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  • NDTV Profit launches 'Ideas For Change' campaign
  • Send suggestions to ideasforchange@ndtv.com
  • Join the NDTV Profit Campaign for change
  • email us at ideasforchange@ndtv.com
  • Nov ISM Non-Manufacturing Index falls to 37.3
  • Crude oil inventories for wk ended Nov 28 dn 456,000 bbl
  • Expect all responsible nations to cooperate
  • Not going to speculate on investigations into 26/11
  • Terrorists behind Mumbai attack came from Pakistan
  • U.S. will work closely with India in anyway it can
  • India's action will depend on response from Pakistan
  • New Maharashtra CM to be announced tomorrow
  • Congress accepts Maha CM Deshmukh's resignation
  • Commodities to remain under pressure as economies slow
  • Q3 Productivity rises 1.3%; Labour costs up 2.8% (QoQ)
  • Asks telecom department about spectrum, licence: NW
  • Seeks telecom department's reply on 3G, M&A: NW
  • NDTV Profit Campaign: ideasforchange@ndtv.com
  • Mumbai Terror: NDTV launches campaign for change
  • Inflation for wk ended Nov-22 seen at 8.95% vs 8.84% (WoW)
  • Continue to believe that deal is not taxable in India
  • Confident of a positive outcome of the case: Vodafone
  • Reviewing capex plans due to economic slowdown: NW
  • See delay in technology infra development: NW
  • Cost cutting measures already in place: NW
  • SAIL cuts prices by Rs.1200-1600/tn in certain products
  • We keep looking for opportunities: Essar
  • We do not comment on specific projects or speculations
  • MFs net sell Rs.326.8cr in equity on December 2
  • Court slots next hearing on 10th December
Updated:29/11/2008 | 09:04 PM IST
Interviews
Some of the blue chip stocks have become too cheap vis-à-vis their historical values. You don’t see assets so irresistible in the market for a long period of time.
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We are buying stocks of companies with strong balance sheets and having huge free cashflow generation. Our focus is not on top line but on capital efficiency and fundamental quality of business.
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India wants the countries where the crisis has originated, the US and some countries in EU, must do all that is necessary to reverse the impact of the crisis on the global economy.
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After the panic subsides in the market in the next few months, money will start flowing into the Indian markets. Investors will then start allocating funds and the next cycle will start again.
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Jamie Dimon has been hailed the superhero of this global crisis. He has ensured that J P Morgan is not only one of the biggest bank in America but is also one of the safest banks today.
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After re-focussing the bank's attention and getting into new lines of business like private equity, IDBI is now looking to rationalize its existing subsidiaries specially IDBI Capital and IDBI Home Finance.
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A significant rise in demand for leadership assessment planning is driving growth in CEO search across the Asia pacific region. Kelly attributes the company’s growth to the brand and its employees.
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Ram Shriram, founder of Sherpalo Ventures, and one of the founding board members of Google is now betting on the next big opportunity, clean energy.
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McHugh believes that India will move up into top three markets for DHL in the next 3-4 years. According to him the Indian market is critical to the company’s growth.
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Software services provider TCS has set a vision 2010 target of $10 billion revenue. The company is focused on managing profitability in view of rising rupee through cost reduction.
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Global Crisis
GM to slash up to 31,500 jobs in US
General Motors told lawmakers that it plans to cut up to 31,500 more jobs in the United States, as it confronts a severe slump that has it begging Congress for a $18-billion bailout.
Columns
Foreign institutional investors have pulled $13 billion out of India during 2008. And, now, terrorists have added another dimension to cost of doing business in India.
There is gloom and fear on the street. It is not often that investors get an opportunity where stocks are near multi year lows. It may be a good time to start nibbling at stocks.