December 2013

FY WEEKLY TIMES






















Twitter halo fades after listing,
Facebook, LinkedIn hold
ground
After a big-bang listing, Twitter shares seem to be
losing its fizz while social media rivals Facebook and
LinkedIn are holding the fort amid portfolio churn by
investors. In a dream debut, Twitter's stock popped up
on NYSE debut on November 7 and closed with 73 per
cent gain for investors who subscribed to its IPO price
of USD 26 apiece. However, the momentum in Twitter
shares seem to be falling already and analysts have
begun to question the company's current valuations
vis-a-vis Facebook and LinkedIn.
http://www.financialexpress.com/news/twitter-halo-fades-
after-listing-facebook-linkedin-hold-ground/1201843

FIIs invest net Rs 8,000 crore
in Indian stocks in November
Continuing their buying spree for the third straight
month, foreign investors pumped in more than Rs
8,000 crore (USD 1.3 billion) in Indian equities in
November. Foreign institutional investors (FIIs) were
gross buyers of equities worth Rs 55,806 crore and
sellers of Rs 47,690 crore of shares till November 29, a
net inflow of Rs 8,116 crore.

http://www.financialexpress.com/news/fiis-invest-net-rs-
8000-crore-in-indian-stocks-in-november/1201855


India's healthcare sector to
grow to USD 158.2 bn in
2017
The healthcare sector in India will grow to USD
158.2 billion in 2017 from USD 78.6 billion in
2012, a report has said. India being a country
with growing population, country's per capita
healthcare expenditure has increased at a CAGR
of 10.3 percent from USD 43.1 in 2008 to USD
57.9 in 2011 and going forward this figure is
expected to rise to USD 88.7 by 2015.
http://www.financialexpress.com/news/indias-
healthcare-sector-to-grow-to-usd-158.2-bn-in-
2017/1201901












NSEL, board violated rules
and failed to act against
defaulters: Ministry
The National Spot Exchange (NSEL) and its board
not only violated multiple regulations but did not
take action against repeated defaults which
resulted in the current crisis at the bourse,
according to an inspection by the Corporate Affairs
Ministry.
http://www.financialexpress.com/news/nsel-board-
violated-rules-and-failed-to-act-against-defaulters-
ministry/1201906

Mahila Bank targets
business mix of Rs 60,000 cr
by 2020
Bharatiya Mahila Bank, the first all-women bank
inaugurated last month, expects its business to
touch Rs 60,000 crore in the next seven years.
http://www.financialexpress.com/news/mahila-bank-
targets-business-mix-of-rs-60000-cr-by-2020/1201861

Co-op Bank investors back
1.5bn rescue
The threat of emergency intervention by the Bank
of England into the Co-operative Bank receded on
Friday night after thousands of retail investors
gave their backing to a 1.5bn lifeline for the
troubled high street bank.
http://www.theguardian.com/business/2013/nov/29/c
o-operative-group-retail

S. Korea Exports Slow as
Southeast Asia Demand
Declines
The slowdown in exports threatens to derail the
recovery in Asias fourth-largest economy, making it
unlikely the Bank of Korea will raise its benchmark
rate this month. The won was the best performer
among Asian currencies last month, rising 0.2
percent against the dollar and hitting a five-year high
against the yen.
http://www.bloomberg.com/news/2013-12-01/s-korea-
exports-slow-as-southeast-asia-demand-declines.html
China Sets IPO Reform Plan
Signaling End of Freeze on
Listings
Chinas securities regulator issued a reform plan for
initial public offerings, as the government prepares
to lift a more than one-year freeze on new listings in
the worlds second-biggest economy.
http://www.bloomberg.com/news/2013-12-01/china-
sets-ipo-reform-plan-signaling-end-of-freeze-on-
listings.html

The first Rule is Not To Lose.
The second rule is Not To Forget the first
Rule
Warren Buffett