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Market News

Location American Market News for 8 September 2013
Feast of flotations could lead to famine for fund-seekers A revival in stock market flotations may be slowed by government asset sales and demand for equity by banks that could make it difficult for a growing clutch of newcomers to attract investors, companies fear.     
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Citi's Orszag: '50% Higher Job Openings, But Only 5% More Hires' (And Other Quotes Of The Week) Despite Friday's disappointing jobs report and the Syria situation, markets put in a healthy increase this week off some more positive global economic reports and lowered "tapering" anxiety.
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Why did the rupee turn?

livemint.com - 8 Sep 2013 19:51
Why did the rupee turn? The rupee responded immediately to RBI governor's measure to augment NRI deposits by bringing down the cost of hedging dollar deposits to 3.5%
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Vettel breaks Ferrari hearts at Monza

CNN - 8 Sep 2013 16:35
Sebastian Vettel dashes Fernando Alonso's hopes of delivering a home victory for Ferrari at Monza with another commanding drive to win the Italian Grand Prix Sunday.
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Rupee free fall against dollar likely over, say forex dealers RBI measures, passage of a few crucial bills in Parliament seen restoring investor confidence in currency
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IL&FS Transport has to raise fresh funds to avoid pressure on earnings The board of the company has approved a proposal to raise `1,000 crore through issuance of preference shares
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Bharti Airtel stock reflects rupee woes

livemint.com - 8 Sep 2013 13:29
Bharti Airtel stock reflects rupee woes The 10% depreciation in rupee against the dollar will increase the company's liability in rupee terms by at least `5,000 crore
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Titan: neither gold nor watches glitter

livemint.com - 8 Sep 2013 13:04
Titan: neither gold nor watches glitter What should worry shareholders more is the regulatory uncertainty risk that surrounds the business
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Spinning a profitable yarn

livemint.com - 8 Sep 2013 12:44
Spinning a profitable yarn A good global cotton crop, firm yarn prices and a depreciating rupee all augur well for the mills
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