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SP may even tie up with Cong to keep BJP at bay
The Samajwadi Party (SP) does not rule out a post-election tie-up with the Congress to prevent the Bharatiya Janata Party (BJP) from coming to power at the Centre. SP general secretary Ramgopal Yadav hinted at this while releasing the party manifesto yesterday. He further added that the SP would do anything to keep the BJP out, claiming that the Congress was "a thousand times" better than the BJP.
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Pond's to merge with Hind Lever
The Unilever group has announced two strategic moves to consolidate its presence in India. The managements of Pond's (India) Ltd (PIL) and Hindustan Lever Ltd (HLL) -- both subsidiaries of Unilever Plc of the UK which holds 51% equity in each -- have decided to propose the merger of PIL with HLL. HLL has also proposed to acquire a 50% stake in Lakme Ltd in Lakme Lever Ltd and "Lakme"trade marks from Lakme Brands Ltd for Rs 200 crore.
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Sonia apology softens UP Muslims
Sonia Gandhi's political foray may not have helped the Congress much throughout the country. But in Uttar Pradesh, Sonia has definitely made a big difference to the Congress' poll prospects. Muslims in Uttar Pradesh are looking at the Congress afresh following the advent of Sonia Gandhi and her apology for the demolition of Babri Masjid.
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Iran, Iraq forge anti-US pact: report
Senior intelligence and security officials from Iran and Iraq have reportedly met secretly to forge an alliance in the face of the growing US military build-up in the Gulf. Confirmation of the meeting would provide evidence that the once bitter foes are developing new contacts and putting aside, for the time being, obstacles that have blocked normalisation of ties since their 1980-88 war.
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