TOKYO: Japanese firms are holding a record amount of cash equivalent to almost half the country’s gross domestic product, Bank of Japan (BoJ) figures showed today, despite growing calls to open up those corporate coffers. The currency holdings and ... Himalayan times, 15 hours ago
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TOKYO: Confidence among major Japanese manufacturers edged down in the three months to December, a quarterly central bank survey showed today, underscoring the lacklustre state of the world’s third largest economy. The Bank of Japan (BoJ)’s ...Himalayan times, 3 days ago
TOKYO: SoftBank Corp has no plans to invest in messaging application Line Corp, Ken Miyauchi, COO of Japan’s number three mobile carrier, told reporters on September 19. Line plans to hold a media event about its business strategy on October 9. That has ...Himalayan times, 2 months ago
Other Indian firms in the list include HDFC Bank, homegrown pharma major Lupin and Voltas. Image: A man walks past a Reliance Industries Limited sign board installed on a road divider in Gandhinagar. Photograph: Amit Dave/Reuters Reliance Industries, Tata Consultancy Services and Bharti Airtel are among the six Indian firms that figure in Barclays' top 133 stock picks from across the world for 2015. Other Indian firms in the list include HDFC Bank, homegrown pharma major Lupin and Voltas. In ...Rediff.com, 1 week ago
Villagers attribute Adarsh Nangla’s 'fall' to a combination of government apathy and decline of the collective spirit “You are returning from Adarsh Nangla? It was declared a model village when Jawaharlal Nehru was the prime minister of the country. It had everything you could think of. Now you see what has happened to all that was built in the 1950s and 1960s,” said Manoj, a manager at Brahma brick field. His field is on the outskirts of Baraut town in Baghpat district and is ...Rediff.com, 2 weeks ago
State Bank of India sanctioning $1-billion loan to Adani group's coal project in Australia was on Thursday raised in Rajya Sabha by Derek O'Brien, who said it smacks of crony capitalism. Raising the issue during Zero Hour, he said SBI has signed an memorandum of understanding pledging one of the single largest loans to a corporate house despite five international banks refusing to lend to the Adani project. Five leading global banks -- Citibank, Deutsche Bank, Royal Bank of Scotland, HSBC and ...Rediff.com, 3 weeks ago
Kicking off Bharatiya Janata Party’s poll campaign in Jharkhand, Prime Minister Narendra Modi on Friday launched an attack on the state government over the issue of development and asked the people to free the state from dynastic rule to end corruption. "If you want Jharkhand to move on the path of development then free Jharkhand from pariwarwad (dynastic rule)," he said. In an apparent reference to JMM supremo Shibu Soren and his Chief Minister son Hemant Soren, Modi said, "If you don't ...Rediff.com, 4 weeks ago Despite having similar resources, why Jharkhand remains poor but Australia is developed, asks Narendra Modi IndiaTV News, 4 weeks ago
Kei Nishikori of Japan changes his shirt. Photograph: Streeter Lecka/Getty Images His mere presence causes hysteria and pandemonium in the Land of the Rising Sun and he has no tennis equal in a continent heaving with 4.427 billion inhabitants, yet self-effacing Kei Nishikori thinks he is simply ‘one’ of the best players in Japan. One of the best? More like 'the best'. For a continent that has failed to produce a single male grand slam champion in decades of trying, Nishikori now ...Rediff.com, 1 month ago
In a big thumbs-up to reforms in laws governing companies and capital market regulations here, India has been ranked 7th for minority investor protection -- ahead of developed countries like the US, Japan, France and Germany. New Zealand has topped the list and is followed by Hong Kong, Singapore, UK and Malaysia, as per a sub-ranking released by the World Bank today as part of its annual Doing Business Report. While Ireland has been ranked at sixth place in terms of 'protecting minority ...Rediff.com, 1 month ago Are Indian stock markets moving ahead of reality? Rediff.com, 3 days ago Have Indian markets run ahead of fundamentals? Rediff.com, 1 month ago
The fact that the US dollar has become the world’s preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy. Image: The US government and its even more profligate citizens have an apparently endless access to easy credit. Photograph: Amir Abdallah Dalsh/Reuters Imagine living on an island as a part of a small group, each of whom is assigned a specific vocation and task. In this system one person makes clothes, another shoes, someone pots and pans, ...Rediff.com, 2 months ago
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