at the very Core of it all … is Content!
Outokumpu announced on November 30, 2013 comprehensive measures to strengthen its balance sheet and the divestment of Terni and VDM business to ThyssenKrupp in exchange for Outokumpu’s loan note to ThyssenKrupp (EUR 1.269 million at the end of September 2013) at full amount at closing. Outokumpu now comments speculations related to the transaction made with …
Comments on RBI Policy by Mr. Amar Ambani, Head of Research, India Infoline Ltd. (IIFL) ‘Policy stalemate to continue’ In line with market expectations, RBI left the repo rate and CRR unchanged at 7.25% and 4% respectively. The MSF rate was also left untouched at 300 bps above the repo rate. Although the current growth-inflation …
28th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline. The equity market stunned participants on Friday with the Nifty rallying 170 points and Sensex surging over 500 points on the back of government reform initiatives. The government said it would double natural gas prices from the current $4.2 mmBtu (million British …
“Although headline and core WPI inflation continues to decline sharply and are at multi-year lows, the RBI had no choice but to maintain status quo on the Repo rate front, on account of the 9% depreciation in the Rupee since 1st of May. The US Dollar has been strengthening, particularly against countries with high Current …
13th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) “Sun Pharma settled an ongoing litigation regarding generic pantoprazole pending in the U.S. District Court with lump-sum payment of US$550mn. The settlement is much higher than the provision of US$108mn done by Sun Pharma. Currently the …
12th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline “Reinforcing that economic activity remains anemic and that it would be premature to expect a quick turnaround, April IIP data came below market expectations and the May print. CPI for May at 9.31% was also disappointing as the street was expecting a …
At Outokumpu Experience, the company’s global event in London, UK for customers, partners and analysts, Outokumpu launched its latest addition to the duplex product family, the FDX platform, introduced a new pricing model and commented on its strategy progress and the Terni divestment process. New vision and mission Addressing an audience of over 500 customers, …
19th March, 2013 : “The RBI has obliged on the Government’s call to the Central Banker to support its growth agenda by cutting Repo rate by 25 basis points. An improvement in trade deficit, drop in core inflation, achievement of 5.2% fiscal deficit and slowing growth prompted RBI to act. These front ended cuts in …
28th February 2013 – Given the fact that elections are just round the corner and the grim macro-economic scenario, the Finance Minister has done a fairly commendable job. He has resisted the temptation to announce a populist budget. The good part is that the government finances have not gone out of control and all the …
I was out for a day. Out of the city, sans my mobile phone and deliberately unwired – no laptop, no tablet, no android, no blackberry – absolutely unarmed, unprotected, a sitting bird (as opposed to birds of a feather tweeting together). It was like going to a detox center. Socialaholics Anonymous. Naturally the moment …