Hints and tips:
...Coming on the back of sluggish growth in the three months to March and limping industrial production, it’s further evidence that India Inc is going to go through a lot of pain before things get better....
...Kubota Corp, Japan’s leading tractor maker, lost 2.9 per cent to Y766 and SMC Corp, a pneumatic equipment maker, fell 2.5 per cent 13,210....
...Grim market conditions led more than two dozen companies to scrap listings last year, putting on hold plans to raise more than $6bn, according to SMC Global Securities, a New Delhi broker, with a further...
...Jagannadham Thunuguntla, head of research at SMC Global, a Delhi-based brokerage, said: “Many multinational companies like Barclays and AXA, who came into India in anticipation of the next big thing, have...
...Still, for the past few years, the markets may have gotten a bit too comfortable, Jagannadham Thunuguntla, head of research at SMC Global, told beyondbrics....
...However, Jagannadham Thunuguntla, head of research at New Delhi-based SMC Global Securities, called the move a “body blow” for the local banking industry....
...But few of them could claim that “India Inc” had endured anything other than a bruising twelve months. 2011 began with Manmohan Singh’s economic advisers predicting growth of close to 9 per cent....
...“Investors don’t have any patience for underperformance,” said Jagannadham Thunuguntla, chief strategist at SMC Capitals. “Companies whose results have been weak are getting punished.”...
...PCs that incorporate SMC 2.0 technology can be configured to return to their original state on power-off, so limiting problems caused by unauthorised software installations and viruses....
...SMC, climbed 4.2 per cent to 150½p as the market continued to welcome the architecture practice’s £1.8m acquisition of Alsop, the architecture and design company and former Stirling Prize winner....
...“There is a greater demand in the world generally for greater product customisation,” said Yoshiyuki Takada, SMC chairman....
...SMC, the architectural business, was flat at 71½p despite talk that news of an acquisition was imminent....
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