Overcoming The Gloom
Road building revival offers rare hope for India infrastructure overhaul
K. Ramchand, managing director at one of India's biggest road builders, is doing something unusual to help dispel the gloom pervading much of the country's infrastructure sector today: bidding for new projects. Full Article
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MARKET EYE-SGX Nifty gains on positive US, Chinese data
* Nifty futures on the Singapore Exchange rose 0.71 percent. The MSCI-Asia Pacific index excluding Japan is up 0.7 percent. * Asian shares rose on Friday as investor risk appetite returned after overnight data suggested some stabilisation in the global recovery trend, particularly in the world's top two economies, the United States and China. * Foreign investors bought 3.34 billion rupees of stocks on Thursday, when the BSE index rose 0.3 percent, provisional exchange data showed. * Earnings on Friday: Crompton Greaves, Apollo Tyres , Jet Airways India, Union Bank of India . (abhishek.vishnoi@thomsonreuters.com)
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