Posted by Todd Shriber at 12:33PM on July 29th
Shares of Sify Technologies (SIFY), the Indian provider of business and consumer Internet services, are soaring 19% after the company reported a second-quarter EBITDA profit of $2.8 million compared with $510,000 a year earlier as revenue climbed to $50.73 million, a…
Posted by Owen Vater at 10:23AM on September 15th
After a flight to safety during the recession, investors are moving back in to emerging markets.
Investing in traditionally stable economies was risky enough during the recession, let alone buying into emerging markets. However, as the global economy gets back on…
Posted by Max Magee at 11:11AM on May 18th
Stocks surged in India after the Congress Party prevailed in elections.
Indian stocks and ADRs are soaring today as investors rejoice over Manmohan Singh’s reelection as Prime Minister. Singh, formerly the nation’s Finance Minister, helped introduce India’s first free-market reforms in…
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