Monthly Archives: June 2009

Morgan Stanley ties up with Mitsubishi

Morgan Stanley and Mitsubishi UFJ Financial Group have agreed to pool their lending resources, under an agreement designed to help win more investment banking business. Continue reading

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China’s Internet backdown lauded

China’s ambitions to strengthen control of the Internet with filtering software became a show of the limits of its power on Wednesday, as activists and industry groups welcomed an abrupt delay. Continue reading

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Japan, US data cloud recovery outlook

Japanese business sentiment improved less than expected in June, further clouding the outlook for a global economic recovery after a surprisingly steep slide in U.S. consumer confidence.
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Vaughan holds his emotions in final curtain-call

The voice nearly cracked as Michael Vaughan revealed how it was the moment he was bowled by his three-year-old son, Archie, that finally made him realise it was time to end his playing career Continue reading

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Adobe in one-week US shut down

Adobe Inc, the world’s biggest maker of graphic-design software, shut down North American operations this week, part of a plan to cut operating costs as the recession crimps sales.
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Gold futures trade steady

India gold futures were flat on Wednesday after losing more than a percent in the previous session, with investors awaiting the U.S. jobs report for direction, analysts said.
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Smith named SA Cricketer of the Year

The South African captain was named the SA Cricketer of the Year and Test Cricketer of the Year Continue reading

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Oil rises above 70 dollars

Oil rebounded in Asian trade today after falling overnight on figures showing declining consumer confidence in the United States, the world’s biggest energy user, analysts said.
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Manufacturing growth slows in June

Manufacturing activity in India slowed slightly in June but still expanded for a third straight month, a survey showed. Continue reading

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Happy 30th birthday, Walkman

Three decades on, however, Sony is struggling against rivals such as Apple, which has enjoyed immense success with its iPod music player Continue reading

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Why rates don’t come down for existing borrowers

Why rates don’t come down for existing borrowersBankers say risk premium changes from time-to-time and that is why spreads cannot remain constant for all customers. Budget & home loan rates I Affordable housing Continue reading

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Strauss warns Flintoff over discipline

The England captain issued a stern warning after Flintoff missed the team bus during a trip to the World War I trenches in Ypres Continue reading

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Re falls by 20 paise in early trade

The rupee on Wednesday depreciated by 20 paise against the dollar in early trade on increased demand for the US currency from importers.
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Patni, MphasiS in race for AIG unit

Patni Computer and MphasiS are among the potential suitors looking to acquire the Indian software unit of troubled insurance giant AIG, said a banking source familiar with the development.
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Bond yield down; budget eyed

The yield on India’s most traded federal bond was slightly lower on Wednesday as the market awaited for some clarity on the government borrowing programme in next week’s budget. Continue reading

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Western Australia go on recruiting drive

Western Australia have named a host of new recruits, including the former Queensland allrounder Ashley Noffke, in their squad for the 2009-10 season Continue reading

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New Firefox browser released

A new version of the Internet browser Firefox was released on Tuesday, offering users more speed and privacy and greater compliance with new Internet video standards. Continue reading

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‘Market rally benefited only the rich’

‘Market rally benefited only the rich’ET Now Exclusive: Mr Rajan warns against complacency and calls for greater financial inclusion. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE Continue reading

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’50% Indians below poverty line’

In what could provide a radical boost to UPA’s aam aadmi agenda but also pose a mind-boggling fiscal challenge, a government panel has recommended that 50% of India’s population be given below-poverty-line cards.
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Playing as a batsman a bigger challenge – Jayawardene

Mahela Jayawardene now wants to push himself “to the limit” as a batsman Continue reading

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‘There was a need to prune and downsize at NewsX’

As NewsX grapples with downsizing and salary cuts, the media entity has started taking various measures to streamline and strengthen its operations. All previous plans to launch multiple channels have been put on hold, however, the company plans to continue to hire talent in specific positions and strengthen its operations, distribution and branding. Continue reading

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Mouthshut.com gets on the social media platform; launches free account for brands

MouthShut.com plans to tap into social media marketing to reach out to their customers. The user-generated portal also plans to launch a free account for corporates and brands by July-end this year. Faisal Farooqui, CEO, MouthShut.com shares the portal’s growth plans. Continue reading

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GenNext Media Magnate: Sapna Sharma – ‘Zyaada Ka Iraada’

In a short span of time, Sapna Sharma, Account Director, Madison Media Plus, has created a name for herself, winning accolades for her work on Max New York Life Insurance and Coca-Cola India. True to the tagline ‘Karo Zyaada Ka Iraada’, Sharma believes in packing in more. The GenNext Media Magnate is chosen by a committee comprising the exchange4media editorial team in consultation with Raj Nayak. Continue reading

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Crosthwaite the only loss for settled Victoria

Victoria have named a mostly unchanged squad for 2009-10 as they aim to defend their Sheffield Shield title Continue reading

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SBI cuts home loan rates for first 3 years

SBI cuts home loan rates for first 3 yearsSBI launched two special home loan schemes that assure low interest rates in first 3 yrs, upping the ante for its rivals in mortgage market. Ten steps to buying a home Continue reading

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