Friday 8 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.
AirAsia gets FIPB nod for setting up new airline in India
There were some ambiguities on whether the revised FDI in aviation rules are applicable to new JVs or only existing companies, sources said.
Bharti Airtel to sell stake in DTH arm
The firm has already signed a non-disclosure agreement with at least seven strategic and private equity players, sources confirmed.
Worst may be over for India: Moody's Analytics
It sees economic growth at around 7% from 2014 onwards in its India Outlook report titled The Worst May Be Over.
Story of the Week

India's billionaire wealth much above country's fiscal deficit
As per the annual list of world's billionaires, published by business magazine Forbes, India has 55 billionaires with a total networth of $189.1 billion.

Stock Round up

Sensex hits 1-month high; Nifty closes near 5,950
The Sensex, which had gained 535.58 points in last three sessions, shot up further by 269.69, or 1.39 per cent to 19,683.23, a level last seen on February 4.

ET Features

Top Shots line up to buy rare & exotic trees
The olive, and many other exotic trees that share space at a 250-acre facility on the outskirts of Hyderabad, have been imported by Unique Trees.

Earth on track to be hottest in 11,000 years: Study
The Earth is on track to becoming the hottest it has been at any time in the past 11.3 millennia, a study found.

Personal Finance

Platinum glows as investment product
Many investors are placing their wagers on platinum following market speculation that platinum will rise faster than gold.

Don’t let 'big’ events plan your finances
Certified financial planner Gaurav Mashruwala says he always discourage people from linking such big events with their personal finances.

Corporate Trends

Vijay Mallya exits Forbes rich list as fortune dips
With a networth of $1bn, Mallya was ranked 45th among 48 Indians on this annual rich list in March 2012, while he was placed at 1,153rd position globally.

Mukesh Ambani wealthiest Indian on Forbes' rich list
Ambani, 55, with a net worth of $21.5 billion is 22nd on the US business magazine's 27th annual ranking released on Monday.

Visual Treat
Editor's Pick
Most Read Stories
Offbeat

'12-year-old Indian girl has higher IQ than Einstein'
A 12-year-old Indian-origin girl in UK has stunned everyone after she scored an incredible 162 on her IQ test.

Letter to the editor

Terrorism is class war, not war against India?
The interesting fact about Indian terrorists is how they buck the trend of global militancy—since their concerns have always been national in content.

News by Industry
Infotech
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Taxes and You

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