Tuesday, 31 December 2013

ET Year-Ender Wrap 2013: Stocks, Politics & investments

THE ECONOMIC TIMES
Tue, Dec 31, 2013 | 06:24 PM IST

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Year Ender 2013

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When the Delhi CM moves into a small flat rather than a plush bungalow and moves around without security he will have introduced a new culture of power.
In 2013 India’s information technology outsourcing industry was witness to several notable events. Pecking orders changed, a bellwether lost its status, smaller competitors gained some ground, a legend returned to defend his legacy, his former protege self-destructed and many a hardened road and desk warrior called it quits.
After a 12 year rally, the year 2013 saw gold losing its 'safe haven' tag for investors, especially in the month of April.
Corporate czars like Anil Ambani, Sunil Bharti Mittal and business houses including Tatas came under intense judicial scanner for scam-related cases.
In a move that took the entire Indian IT industry by surprise in June, Chairman emeritus NR Narayana Murthy returned to Infosys in an executive role with his 30-year-old son Rohan Murty in tow.
Even as political analysts remain divided over whether Gandhi will bolster Congress's chances of a win in 2014 elections, Rahul has created enough controversies this year.
Year 2013 was not exciting for Indian economy with GDP falling to sub-5%. This had a negative impact on capital goods & rate-sensitive stocks.
Tendulkar's retirement after serving the country for 24 years and giving joy to billions was certainly the most moving moment of the year.
Megastar Amitabh Bachchan's gaming show 'Kaun Banega Crorepati', for the first time saw a female crorepati in the young Firoz Fatma from Uttar Pradesh.
So for the last time this year, we give you a special edition of Best-Bekaar: Editor’s Choice
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