Morgan Stanley
India | Saturday, 22 November 2008

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Rim Articles

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1. Turkish PM "Recep Tayyip Erdogan" visits India
Turkish Prime Minister Recep Tayyip Erdogan, right, and Indian President Pratibha Patil, left, look on before a meeting at the Presidential Palace in New Delhi, India, Friday, Nov. 21, 2008.
21 Nov 2008
2. Anti-Obama, race crimes spurs around U.S.
Cross burnings. Schoolchildren chanting "Assassinate Obama." Black figures hung from nooses. Racial epithets scrawled on homes and cars.
17 Nov 2008
3. Govt. to take steps to boost economic growth, prevent layoffs: PM
With the possibility of huge layoffs threatening India Inc. on account of economic slowdown, India's Prime Minister Manmohan Singh made assurances on Monday that India's banking system and deposits were safe and the government would take all necessary monetary and fiscal policy measures to protect the country's economic growth rate.
04 Nov 2008
4. Citigroup, Wells Fargo call temporary truce, to negotiate a settlement of Wachovia's future
Two of America's biggest banks, Citigroup Plc. and Wells Fargo have called a temporary truce after being locked in a bitter legal battle over gaining control of failed consumer bank Wachovia Corp.
07 Oct 2008
5. India joins global effort to prevent recession; SEBI eases P-note curbs, RBI cuts CRR after Sensex sinks 725 points
On Monday, the Sensex plunged 724.62 points, registering its largest daily percentage fall since March 17, to close at its lowest level in 2 years, spooking India's market regulator and the central bank, which swung into damage control mode, taking steps to ease the liquidity crunch in the financial market.
07 Oct 2008
6. Citigroup, Wells Fargo square off in a winner takes Wachovia duel
Two of the top banks in the US - Citigroup Inc. and Wells Fargo - are getting ready for a faceoff with the winner set to acquire Wachovia Corp.
04 Oct 2008
7. Heads begin to roll in Washington Mutual; CEO, others shown the door but customers safe
JPMorgan & Chase Co., which snapped up Washington Mutual (WaMu) for $1.9 billion about a week back, said it will let go of some of WaMu's employees, including its CEO Alan Fishman and other top executives, a move that has sent jitters to the 43,000 employees who are working in the fallen bank's 2239 branches.
03 Oct 2008
8. ICICI Bank reels under market rumors; RBI, FinMin come to its rescue
India's largest private sector bank, ICICI Bank, stung by rumors that it was passing through troubled times due to its exposure to fallen financial giant Lehman Brothers, issued a clarification on Tuesday saying its financial position was very sound even as the central bank and finance minister rushed to its rescue, by making public statements that it was well capitalized and had sufficient liquidity.
30 Sep 2008
9. 12 bodies dumped next to school in Mexico: "We are in a war"
The bodies of 11 men and one woman, some with their tongues cut out, were found dumped in an empty lot next to a Tijuana elementary school Monday morning, an hour before children were scheduled to arrive.
30 Sep 2008
10. Black Monday: House says "No" to Bush's $700 billion bailout plan; Wachovia falls, Wall Street quakes
The US House of Representatives on Monday defeated a $700 billion financial sector emergency bailout plan, sending the already weakened Wall Street tumbling.
29 Sep 2008
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