MARKET EYE-Cinemax India gains as PVR looks to buy stake
* Shares in Cinemax India Ltd gain 5 percent after PVR Ltd said on Tuesday it was in talks with promoters of Cinemax India to buy their shares. However, no definitive agreement has been entered into. * Dealers say the market had a whiff of this announcement, resulting in a 121.6 percent rise in the stock price in November, as of Tuesday's close. * Shares in PVR also gain 2.6 percent. (email@example.com /; firstname.lastname@example.org)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies. Full Article | Slideshow