Saturday 30 March 2013

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.
Midcap crash: Rs 1k-cr hole in Jhunjhunwala’s portfolio
21 of the 29 stocks held by Jhunjhunwala have lost between 20% and 70% in 2013 versus a 3.5% fall in Sensex and a 15% fall in the BSE Mid-cap index.
JWT sacks creative head over controversial Ford ads
Bobby Pawar, in an email to ET, said, "What happened is unfortunate. But no matter what the circumstances, it did happen on my watch."
Undersea cables sabotaged, internet slow for 30 days
Bharti Airtel said that the cable cuts had not impacted its voice traffic but said it was taking all ‘necessary steps to ensure data services were available to our customers by routing traffic on alternative routes’.
Story of the Week

Mulayam won't pull down govt, but says Congress not dependable
Mulayam Singh Yadav has said his Samajwadi Party will not immediately withdraw support to the Congress-led ruling coalition.

Stock Round up

Sensex ends FY'13 on a positive note, up 131 pts at 1-week high
Sensex closed the 2012-13 financial year on a positive note with the index today jumping by 131.24 points to one-week high of 18,835.77 helped by heavy buying in ICICI Bank, Infosys, L&T, ITC and ONGC shares.

ET Features

Good companies self-destruct when they are unwilling to change
"In India, promoters tend to have a speculative mindset. They want to leverage everything and suddenly the debt to equity ratios go out of whack," says Jagdish Sheth.

What employees should do when cos show signs of going bust
Looking for another job is stressful but employees should not ignore delay in salaries, bonuses, payments to vendors & even caterers.

Personal Finance

What to do if you can’t pay your home loan EMI
Here’s how the bank will react to the situation and how you can negotiate with it to resolve it.

How to finance your education the right way
With attractive interest rates, higher loan amounts, tax rebates and simplified paperwork, taking an education loan is a good option now. Find out how to avail of it.

Corporate Trends

US eases marijuana control: Indians in America look to cash in
On Wall Street, numerous small-cap volatile marijuana stocks have been making moves that are being noticed by investors interested in profiting off this industry.

Mumbai slips to 66th rank among world's leading financial hubs
Others in the top 10 are: Zurich (5th), Tokyo (6th), Geneva (7th), Boston (8th), Seoul (9th) and Frankfurt (10th).

Visual Treat
Editor's Pick
Most Read Stories
Offbeat

Maruti stars in a movie and hogs spotlight too
'Mere Dad Ki Maruti' managed to rope in Rs 8 crore, split between Maruti Suzuki and Sony TV, who bought the satellite rights of the film.

Letter to the editor

Why India needs more five-star culture?
This week's "Poke Me", invited your comments to debate on 'Why India needs more five-star culture'. Here are the selected opinions.

News by Industry
Infotech
Your Money
Auto
Taxes and You

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