Indian stock markets have declined a lot during the last 10 months and capitalists have lost faith in the equities. But the golden rule of investing still remains unbroken, that in the long run companies with well-built fundamentals and talented management will always provide handsome returns.
The existing negative reaction has taken the rate of many shares much below their fair value. These shares cannot stay at such low levels and are expected to bounce back to somewhere closer to their fair value.
Washington, Nov 12: Irish actor Colin Farrell has revealed that he was very freaked out by the idea of taking late Aussie actor Heath Ledger’s place in his unfinished movie.
Farrell, along with Johnny Depp and Jude Law, was in the headlines earlier this year when they stepped in to help finish Ledger’s final film ‘The Imaginarium of Doctor Parnassus’.
Even though the others had no qualms about doing the role, Farrell revealed that it was a very tough decision for him.
“It was a very difficult decision to make, when I first heard about it I totally freaked at the idea,” Fox News quoted Farrell as saying.
Bratislava - Slovakia's inflation declined for the first time this year as the central European country prepares to switch to the euro on January 1, government data showed Wednesday.
The annual inflation rate fell to 5.1 per cent in October, from the 2008 peak of 5.4 per cent recorded in September, the Slovak Statistical Office said.
Consumer prices had climbed since January when the indicator stood at 3.8 per cent, the data showed.
The first former Soviet satellite to enter Europe's monetary union, Slovakia has pledged to rein in inflation as part of its euro- adoption deal with the European Central Bank and the European Union.
Lahore, Nov 12 : A prominent PML-N leader Javed Hashmi has reportedly claimed that the Opposition in Pakistan had enough lawmakers in the National Assembly to topple the PPP-led government.
But, he added, “the PML-N did not want to create political instability in the country”.
“At present 172 parliamentarians were sitting on the opposition benches in the NA and 170 members on the treasury benches,” the Daily Times quoted Hashmi as saying in an interview with a TV channel.
Melbourne, Nov. 12 : Australian opener Mathew Hayden has said that out-of-favour all-rounder Andrew Symonds is needed in the national team to ensure they don’t cop it against New Zealand as did against India in India.
Cairo - Although he rejects the idea that good corporate governance would have decreased the effect of the global financial crisis, Martin Steindl, of the International Finance Corporation (IFC), believes that better corporate governance would have saved some companies from being part of the crisis.
"Such a crisis affects everyone, but when it comes to getting up again, better corporate governance will play a role," says Steindl, who is Programme Manager in Corporate Governance Advisory Services for the Middle East and North Africa (MENA) region, at the IFC. The IFC is part of the World Bank group.