Entries from India Chemicals Blog tagged with 'subprime'
US turmoil hits Orchid
The US financial crisis has taken its toll on Orchid Chemicals & Pharmaceuticals. The active pharmaceutical ingredients (API) manufacturer saw its stock price decline by about 44% since the start of the week after Bear Stearns decided to sell a...
Future shock
Ever since the sub-prime crisis broke out in the US, questions have been raised on whether India can safely ride out the storm. We have already seen the impact on the stock market and it is hard to imagine that...
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