The newsroom was as busy as ever last week. Corporate deals, market swings, the PM's new PR strategy, Greek tragedy – there wasn't any dearth of talk points at the studio! Here's a sneak peek:

Prarthana: Sliver of hope in the markets? The BSE Sensex did well this week, thanks to the sharp dip in food inflation and firm global trends… concerns over Greek debt crisis seem to be easing. Looks like investors are getting tired of worrying about everything…

Vedant: Oh yes! It's nice to see ‘blue' on the trading screen… Sensex gained over 522 points over the week. Index heavyweights SBI, Reliance Communications and Hindustan Unilever posted neat double digit weekly gains.

Prarthana: But looks like it wasn't just the stock market investors that regained interest. PE major Apollo Global invested a whopping Rs 2,250 crore in the Welspun Corp. Did you know this is the second largest PE deal this year in India?

Vedant: Hey, do spare a thought for investors. What's in it for them? While the deal does peg Welspun Corp's valuation higher, it also makes me wonder if it was conduit that gave promoters a clean high-value exit from another group company. Largely a sweetheart deal for the promoters, I would say!

Prarthana: A lot more than meets the eye? Well, at least Cairn India shareholders will be happy lot… now that the Government has approved the sale of stake to the UK-based mining firm Vedanta. No more deal hangover at least.

Vedant: Is the government in a ‘bless-all' mood or what? The Prime Minister's decision to interact with the media regularly seems to have opened the Pandora's box. The change in PR strategy doesn't seem to have helped him as much, if the initial impression is anything to go by.

Prarthana: Speaking of politicians, Tata Motors seem to have given ‘didi' a minor setback. The company got an interim protection from the Supreme Court last week, directing the Mamata Banerjee-led government in West Bengal not to return the Singur land to its original owners till the case is settled in the Calcutta High Court.

Vedant: Nano's not-so-nano problem! Ratan Tata nevertheless seems to be readying himself for retirement by December 2012. He's building a new multi-story house on the water's edge, opposite the Colaba post office in Mumbai.

Prarthana: So December 2012 is the end of the corporate world for Tata! Well, there may be a change in guard at the US Treasury too. Media reports suggest that Timothy Geithner may resign in August. I wonder how that would change anything. We will have to wait and watch.

Vedant: Change is the only constant in this world! Back home, there is a cabinet reshuffle is on the cards.

Prarthana: With the balance of power changing, it'll be interesting to see who's shown the door and who isn't.

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