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Saturday, March 14, 2009

The Economic Times Weekend Platter

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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.
Stimulus bill not to impact H-1B visa holders

Despite concerns over curbs on use of the H-1B visas, impact of this provision may not really be high on Indians. IT cos that received maximum H1B visas


Hold your investment till 'the elections'

Time is not conducive for retail investors to invest and should sit on cash, experts feel. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE I 52 Wk: High, Low


IIM-I logs 100% placement, average salary down 20%

Indian Institute of Management Indore has wrapped up its two-phase final placement process with the entire batch getting placed. Layoffs in IT sector


Story of the Week

Bill Gates regains world's richest title with $40 bn
Warren Buffett, last year's richest man, fell to second place with $37 bn, while Mexican tycoon Carlos Slim took third place with $35 bn.

Stock Round up

Sensex ends 5% up on hopes of economic revival
Bombay Stock Exchange's Sensex closed at 8756.61, up 412.86 points or 4.95 per cent. The index touched an intra-day high of 8793.21 and low of 8480.74.

ET Features

Billionaire homes boast of gold-plated pool, underwater music
It is not just billions of dollars that make them special but the way they live their lives king-size also sets them apart from crowd.

M&As, PE deals dip by over 60% in two years
India Inc's merger & acquisition and private equity deal activity has shrunk by over 60% in the first two months of the year.

Personal Finance

Payment detail filing must for insurers
Life insurers to provide statement of payments made to all intermediaries.

Book losses to lower tax burden
Sell now and buy back shares in the next financial year, advise analysts.

Corporate Trends

Recession-hit billionaires selling castle, jets and yachts
The richie-rich of the world are out to dispose of all their costly belongings, including castles, yachts, private jets and even soccer team.

Mukesh and Mittal lead Indian businessmen in Forbes' list
As many as 29 Indians lost their billionaire status entirely as stock market tumbled 44% in the past year and the rupee depreciated 18% against the dollar.

Visual Treat
Apple unveiled a minuscule new iPod Shuffle that doubles music storage space to 4 GB and holds about 1,000 songs. AP
Editor's Pick
Most Read Stories
Offbeat

Bernard Madoff's statement: How I did it
Text of Madoff's prepared plea allocution statement, delivered in US District Court in New York.

Letter to the editor

Eid-e-Gulabi
Revered Sufi saints Hazrat Nizamuddin Aulia and Ameer Khusro in their chaste Persian and Hindvi, have praised the festival of Holi generously.

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