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Saturday, December 20, 2008

The Economic Times Weekend Platter

The ET Weekend Platter offers the round up of the news that you missed during the week. We bring to you the most-read news, investment corner, stock wrap-up, issue that hogged headlines, editor's picks and the most happening trend stories from across sectors, for you to savour at your conveniance. Happy reading.
'Satyam's buyback plan is a ploy to take away funds'

UK-based Upaid Systems has alleged that Satyam�s buyback proposal is yet another ploy to divert resources out of the company. All about Satyam-Maytas deal


Bailout approved: Automakers to get $17.4 bn

Citing danger to national economy, Bush administration approved bailout of US auto industry. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE | 52 Week: High, Low


Meltdown gain: Rich hunts for properties abroad

The rich are scouting properties aboard, especially in the US where prices have hit rock bottom. US crisis & Indian realty | Savings zone | HNIs still go for luxury homes


Story of the Week

We're considering buybacks, higher payouts & more: Satyam's Raju
B Ramalinga Raju says Satyam could follow up its share buyback plan with other steps aimed at assuaging investor outrage. All about Satyam-Maytas deal

Stock Round up

Sensex ends choppy session flat: Realty up 10%
Interest rate sensitive sectors led by realty gained the most but oil and gas ended in the red.

ET Features

Tax sword looms large on cross-border acquisitions
Gain arising to a non-resident from transfer outside India of shares of a foreign company to another non-resident would normally not be chargeable to tax in India.

Declining political capability
Inability of our political system to reach a consensus could convey the impression that the authoritarian Chinese polity is better.

Personal Finance

Indians prefer insurance over FDs as investment: Nielson
Government securities may be seen as safe investments the world over in these times of turmoil but the findings of a survey say that more number of people in India think insurance is a better option than fixed deposits.

Foreign banks team up with NRIs for debt MF play
NRIs used to borrow from foreign banks to park money as deposits with Indian banks.

Corporate Trends

Reliance to consolidate group functions into one unit
Mukesh Ambani has embarked on probably the biggest cost-saving exercise for his $35-billion conglomerate. Modern Moguls | Reshape your career | Job trends

IT, banking, retail, healthcare to face massive talent crunch
Sectors like information technology, banking, retail and healthcare which are heavily reliant on skilled labour are likely to face a massive talent crunch over the next five years, a study by CII and Boston Consulting Group has said.

Visual Treat
Winner, Miss Russia Kseniya Sukhinova, center, flanked by second runner up Miss Angola, Micaela Reis, right, and runner up Miss India, Parvathy Omanakuttan, left, during Miss World Fashion Show and Top Model competition in Soweto, South Africa. (AP)
Editor's Pick
Most Read Stories
Offbeat

'Super' Kochhar makes journey from trainee to CEO
Kochhar as a kid was busy collecting medals in management studies and cost accountancy when others were wiling away time.

Letter to the editor

Security scenario
Given Israel�s vast experience in counter-terrorism, India should seek its help to form an exclusive counter-terrorism force.

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