MUMBAI: After the fall of Wall Street’s giants, some of their captive units are increasingly looking like nobody’s children. Take the case of Leh
man Brothers, whose North American operations were snapped up by Barclays and Asia and European operations were taken over by Nomura. Read the rest of this entry »
Posts Tagged ‘India’
New Delhi, Oct 26 (PTI) After brainstorming with top world leaders in Beijing on the raging financial turmoil, Prime Minister Manmohan Singh has cautioned that India’s economy was also bound to feel the pain “sooner or later” as “we are not in complete control.”
“We are not in complete control. There are bigger players and we are victims of that. The crisis is not of our making,” Singh said after participating at the 7th Asia-Europe Meeting (ASEM) Summit in Beijing, attended by 45 leaders. Read the rest of this entry »
Tags: India