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June 07, 2017 at 09:39AM
from Mark Hagland
Economic Times |
Government may look at merger of IIFCL, IFCI
Economic Times NEW DELHI: The government may explore merger between two state-run financial institutions India Infrastructure Finance Company Ltd (IIFCL) and IFCI Ltd. Both are primarily financing the infrastructure sector. “It is a better to have one large … |
June 07, 2017 at 09:47AM
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June 05, 2017 at 09:44AM
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£750m small business fund is flawed, rivals tell Brussels
June 05, 2017 at 09:53AM
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June 05, 2017 at 09:44AM
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Bulge bracket banks have much ground to make up but boutiques stand in their way
June 05, 2017 at 09:53AM
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Buy Emami Ltd. at a price target of Rs 1245.0 and a stoploss at Rs 1084.0 from entry point
June 05, 2017 at 09:44AM
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FT analysis shows Centerview and Qatalyst charged steepest rates for advisory work
June 05, 2017 at 09:53AM
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Reuters |
Linde turns to winning over investors to Praxair merger
Reuters MUNICH German industrial gases company Linde (LING.DE) turned its attention on Friday to winning over investors to its planned $75 billion merger with U.S. peer Praxair (PX.N), a task that Chairman Wolfgang Reitzle said was not straightforward. Linde, Praxair Boards Approve MergerWall Street Journal (subscription) Linde’s supervisory board gives go-ahead to Praxair mergerFinancial Times Linde-Praxair merger creates global industrial gases leaderDeutsche Welle MarketWatch –Yahoo Finance –Zacks –Barchart.com all 134 news articles » |
June 05, 2017 at 09:43AM
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June 04, 2017 at 09:44AM
from David Millward
June 04, 2017 at 09:44AM
from Telegraph Reporters
Moody’s Investors Service says that India (Baa3 positive) is implementing a number of wide-ranging reforms that if successful, would gradually ease the government’s high debt burden, which represents a key constraint on the sovereign’s credit profile.
Moody’s conclusions are contained in its just-released report titled “Government of India: Effective Implementation of Key Fiscal and Banking Sector Reforms Would Address Core Credit Challenges”. The report focuses on the potential credit impact of three key pending reforms: the Goods and Services Tax (GST), the fiscal framework following the Fiscal Responsibility and Budget Management Act (FRBM) Committee recommendations, and NPA resolution measures.
On the GST, Moody’s says that the short-term impact of GST reforms will be muted, but the long-term benefits will include higher productivity growth, due to efficiency gains in business operations, greater investment, as interstate tax barriers are reduced, and an expanded revenue base with enhanced tax compliance.
For the FRBM Committee recommendations, “The FRBM framework offers an opportunity to anchor fiscal consolidation by setting a medium-term target for the country’s debt burden. Combined with higher nominal GDP growth, a credible fiscal framework that fosters fiscal responsibility at both the central and state government levels would contribute to the gradual reduction of India’s high debt burden” says William Foster, a Moody’s Vice President and Senior Credit Officer.
For the banking sector, Moody’s says that recent government measures to address high NPAs and the promulgation of the Insolvency and Bankruptcy Code 2016 are credit positive for the sovereign, because they provide a clearer framework for NPA resolution. However, outstanding structural issues remain within the banking system, particularly within public sector banks, which further constrains banks’ abilities to finance potential new investment and, therefore, weighs on private investment.
Moody’s report also notes that the government’s use of information collected from demonetization and financial inclusion efforts could help broaden the tax base by ushering in the previously unbanked informal sector. Recent expenditure reforms, including Direct Benefits Transfer, should improve expenditure efficiency, while the Aadhaar identification system can help reduce fiscal leakage.
The material has been provided by InstaForex Company – www.instaforex.com
June 01, 2017 at 09:40AM
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INDIA GOVT SURPLUS CASH BALANCE WITH RBI FOR AUCTION WAS NIL AS ON MAY 30 CENBANK
The material has been provided by InstaForex Company – www.instaforex.com
May 31, 2017 at 09:22AM
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TSX: ELD NYSE: EGO
VANCOUVER, May 15, 2017 /PRNewswire/ – Eldorado Gold Corporation (the “Company” or “Eldorado”) is pleased to announce that it has entered into a definitive agreement with Integra Gold Corp. (“Integra”) (TSXV:ICG) (the “Arrangement Agreement”), pursuant to which…
May 15, 2017 at 09:48AM
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Wuhan (China): Seorang lelaki mengalami sejenis penyakit yang menyebabkan kakinya membesar secara luar biasa hingga mencecah berat 150 kilogram.
Liu Zhongqiu, 27, yang berasal dari Fuxing juga diberitahu dia tidak mungkin hidup melebihi usia 20 tahun akibat penyakit elefantiasis atau kaki gajah yang dihidapinya.
Elefantiasis yang juga dikenali sebagai penyakit untut berpunca daripada sejenis jangkitan cacing bawaan nyamuk.
Bagaimanapun, Liu yang menghidap penyakit itu sejak kanak-kanak, hidup mengatasi ramalan berkenaan dan terus berjuang untuk hidup.
Liu berkata, dia sudah berputus asa untuk melihat kakinya kembali normal dan kini berjuang untuk terus hidup.
“Saya paling takut apabila bangun pada waktu pagi dan melihat kaki saya ini meletup.
“Doktor memberitahu saya mungkin tidak sempat menyambut ulang tahun kelahiran saya yang ke-20. Tetapi kini saya berusia 27 tahun dan saya percaya itu satu keajaiban,” katanya.
Menurutnya, sejak beberapa tahun lalu, dia merantau dari satu bandar ke satu bandar di China untuk mencari doktor yang mampu merawatnya.
Liu kini meminta sedekah di jalan raya di Wuhan di wilayah Hubei dan menggunakan wang itu bagi membiayai rawatan di sebuah hospital di situ. – Agensi/Metro
May 07, 2017 at 09:25AM
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Cabaran pertahan maruah
AKSI pertarungan Xu (kanan) menentang Wei yang disiarkan secara langsung di Internet. – Agensi
Beijing: Seorang ahli perniagaan China menawarkan hadiah berjumlah 10 juta yuan (RM6.3 juta) kepada sesiapa yang mampu menewaskan jurulatih seni tempur campuran (MMA) yang mencetuskan perdebatan di media sosial selepas memperkecilkan seni bela diri tradisional.
Pengasas syarikat minuman Tiandi, Chen Sheng menawarkan hadiah itu bagi mempertahankan maruah seni bela Cina selepas jurulatih MMA, Xu Xiaodong menewaskan guru tai chi, Wei Lei dalam tempoh 10 saat.
Hadiah wang tunai itu dibahagikan untuk lima perlawanan berasingan menentang Xu yang secara terbuka mencabar pengamal seni mempertahankan diri tradisional Cina di seluruh negara.
Chen juga membenarkan Xu mengambil hadiah berkenaan sekiranya dia memenangi pertandingan berkenaan.
“Saya mahu Xu sedar, dia menggunakan cara kasar untuk memprovokasi budaya tradisional Cina dan dia bakal menerima balasannya,” katanya. – Metro
May 07, 2017 at 09:25AM
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REDZA (duduk, kiri) menyampaikan tangan 3D kepada Md Zani dan Ahmad sambil diperhatikan Sujana (berdiri, kanan) di Farmasi Syifa Bestari.
Sungai Petani: “Kejadian berlaku ketika saya tidur di rumah dan apabila terjaga didapati tangan kanan sudah membengkak dan isinya juga semakin terlerai.”
Demikian kata pesara polis Md Zani Yob Abdul Rasid, 69, mengimbau peristiwa dia kehilangan tangan kanan akibat disengat tebuan tanah tiga tahun lalu.
Katanya, kejadian itu menyebabkan dia tertekan dan hampir berputus asa apabila doktor memutuskan tangannya terpaksa dipotong bagi mengelak jangkitan kuman, malah hanya akur melakukannya selepas 12 hari dirawat di hospital selepas dipujuk anggota keluarga.
“Doktor memaklumkan tiada pilihan selain tangan saya terpaksa dipotong bagi mengelakkan kuman itu merebak ke kawasan lain.
“Saya akhirnya setuju meskipun sedih ketika itu kerana tidak lagi sempurna seperti sebelumnya. Alhamdulillah kini saya mendapat tangan baru dan berasa amat gembira,” katanya. – Metro
May 07, 2017 at 09:25AM
from
Gold prices fell for the sixth consecutive session on May 6, 2017, declining by Rs 125 to Rs 28,725 per 10 grams in the bullion market due to a drop in demand from jewelers amid slumping global cues. Gold prices fell for the sixth consecutive session on …
The post Gold prices fall for the sixth straight session appeared first on ForexTV.
May 07, 2017 at 09:15AM
from Gold Editor
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Winning in social media needs your Board ‘on board’ now #SM #corpgov ow.ly/wBnw30bbgCa
April 27, 2017 at 09:48AM
https://twitter.com/Helen_Attrill/status/857451803918704640
from Helen Attrill
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What went wrong with Nestle’s investor social media campaign ht.ly/cDuu301Rsts #IRchat #corpcomms #wallst #ASX #ausdirector #corpgov
April 27, 2017 at 09:48AM
https://twitter.com/InvestorTorque/status/857449540198313984
from Investor Torque
