By August 18, 2014 0 Comments Read More →

World Last Week: 11 Aug’14 – 17 Aug’14

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  • Modi condoles loss of life in Odisha floods

Prime Minister has condoled the loss of life in the recent floods in Odisha.

  • PM expresses grief over the loss of lives due to heavy rains in Uttarakhand

Prime Minister Shri Narendra Modi has expressed grief over the loss of lives due to heavy rains in Uttarakhand.

  • Around 400 Flipkart employees with stock options become crorepatis in less than a decade

In just 2 years, Flipkart’s valuation has grown 8 times. For company’s founders, Esops are a conscious attempt at creating wealth for their employees.

  • PM Narendra Modi’s Independence Day speech: Seven key takeaways

Modi said that for India to make its presence felt on the global stage, there was immediate need to channelise the talent of the youth.

  • Hyundai cuts exports, launches Elite i20 starting at Rs 4.9 lakh

The local unit of Seoulbased Hyundai Motor Company has stopped shipments from its Chennai plant to Europe, which will now be catered by the parent’s plants.

  • Midcaps outshine large caps in 2014; top 10 stocks which can give up to 39% return in 1 year

Some of the midcap stocks have doubled investors wealth which include names like , Amtek Auto, TVS Motors Company Ltd, Dalmia Bharat.

  • REITs to help investors to buy property for Rs 2 lakh

REITs will allow middle-class investors to participate in the real estate market. Now, you don’t need deep pockets for investing in property.

  • Petrol prices may fall by Rs 2.50 by Independence day

The cut may be steeper if the downward trend in international rates continues & rupee appreciates against dollar by Aug 15, when fortnightly review is due.

  • Zest: Tata Motors launches new compact sedan at a starting price of Rs 4.64 lacs

The base diesel variant will cost Rs 5.64 lakhs and the base petrol variant of Zest will cost Rs 4.64 lakhs onwards

  • Five reasons markets are not rising

Market is now speculating on what PM Narendra Modi’s big announcements will be in his maiden Independence Day address.

 

Source: economictimes.com

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