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Sunday, October 30, 2011

Stock_for_YOU The Economic Times Daily Newsletter

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Dated:October 30,2011
Top Headlines

Foreign investors cut exposure to Tata, Ambani groups

Overseas investors have cut their exposure to the country's 3 leading bizgroups-- Tatas & the conglomerates led by Mukesh and Anil Ambani.

'Triggered by impending slowdown, outplacements back in India'

Outplacement trend is back in the domestic market as many companies are roping in third party consultants to find new employment for the laid off employees.

Europe is drowning and needs a lifeline, where to turn for help? China!

Despite agreement Europe cannot muster cash on its own. China, with its $3 trillion in reserves, can provide relief that Europe needs.

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