Politics

Supporters holding flags of ruling Congress party leave after attending an election campaign rally by Rahul Gandhi at Hardoi district in Uttar Pradesh January 28, 2012. REUTERS/Adnan Abidi/Files

Weakened Congress wondering if early elections will help

The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term.  Full Article 

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Foreign investors buy most Indian stocks in 3 months.  Full Article 

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Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

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UPDATE 2-Market Chatter-Corporate finance press digest

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Fri Jan 4, 2013 1:18pm IST

Jan 4 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* Abbott Laboratories, Johnson & Johnson and Sanofi have shown interest in Bausch & Lomb Inc, the eye-care company Warburg Pincus is seeking to sell for at least $10 billion, people with knowledge of the matter told Bloomberg. ()

* The Office of the Comptroller of the Currency is investigating the trading losses at JPMorgan Chase & Co's chief investment office and is preparing an enforcement action, Bloomberg reported, citing a person briefed on the situation. ()

* Spain's largest bank Santander will cut 3,000 jobs following its planned merger with its Banesto subsidiary, Cinco Dias reported, citing sources from unions and close to the bank.
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