| It’s Anil Vs Mukesh for sea-link bid |
| |  SC decision to allow REL, an Anil Dhirubhai Ambani Group company, to bid for the Mumbai trans-harbour sea-link project will put him in direct conflict with his brother. [ Full Story ] |
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| Govt might approve RIL's gas pricing formula |
| | The government appears set to approve Reliance Industries' pricing formula for the gas it plans to produce from July next year, with minor changes. [ Full Story ] |
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| eGoM leaves gas pricing decision to Pranab |
| | The Empowered Group of Ministers on Wednesday left the decision on gas price that Reliance Industries will be allowed to charge to External Affairs Minister Pranab Mukherjee. [ Full Story ] |
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| Sensex falls marginally on profit selling |
| | The benchmark Sensex fell by 37 points on the Bombay Stock Exchange on Wednesday on profit selling by funds in heavy-weight stocks. [ Full Story ] |
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| 'Tata Steel may build steel unit in S Africa' |
| | Tata Steel Ltd, the world's sixth-largest steelmaker, is looking at building a steel plant in South Africa, a senior company source said. [ Full Story ] |
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| Hiring Plans 'Indian employers most optimistic' |
| | Employers in India, world's 2nd fastest growing economy, are leading the Asia-Pacific job market to meet their ever-growing requirement for best possible talent globally. [ Full Story ] |
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| Good salary, better options calling Indians |
| |  According to a recent survey, India’s growing economy, improving infrastructure and the desire to protect kids from Western culture are luring Indians to return home. [ Full Story ] |
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| Maruti leads car sales growth |
| |  While the downhill ride for motorcycles continued, domestic passenger car sales continued to post healthy double-digit growth in August at 17.92 pc led by market leader Maruti Udyog. [ Full Story ] |
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| Sensex ends with losses led by IT sector |
| | The benchmark Sensex failed to hold on its early gains and lost over 54 points on the Bombay Stock Exchange on Tuesday on selling by funds in blue-chip stocks led by software exporters following weakening dollar. [ Full Story ] |
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| ArcelorMittal buys stake in Turkish steelmaker |
| | World's largest steelmaker, ArcelorMittal bought a 51 per cent stake in Turkey's major steel stockholding company, the steel giant announced on Monday. [ Full Story ] |
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| Mexico eyes $10 bn investment from India |
| | Mexico is looking at USD 10 billion investments from India in the next five years, the head of a business delegation from the Latin American nation said. [ Full Story ] |
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| RBI turns down PFC's foreign loan request |
| | The Reserve Bank of India has turned down state-run Power Finance Corp's $200 mn yen-denominated loan application because of new curbs on foreign borrowings, a company official said. [ Full Story ] |
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| Microsoft says 'Howzzat!' to woo Indian talent |
| |  Competing against fast-growing tech companies in India offering lucrative jobs, Microsoft has to work harder to attract and retain the best and brightest Indian engineering talent. [ Full Story ] |
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| Fashion week sees good business |
| |  The recently-concluded fashion week may have lacked glamour quotient with fewer Bollywood stars in the show, but that failed to keep the buyers from loosening their purse. [ Full Story ] |
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| Sensex ends with moderate gain |
| |  Sensex overcame early losses on the BSE and closed with a moderate six point gain on revival of buying by funds in fundamentally strong stocks available at low levels. [ Full Story ] |
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| Getting passport set to become easier, quicker |
| | Getting a new passport will be a lot more easier and quicker with the comprehensive overhaul of the Passport Issuance System involving a four fold increase in the number of application centres from the present 350. [ Full Story ] |
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| India's overseas M&A likely $35 billion |
| | Reflecting the buoyancy in India Inc's quest for global mergers and acquisitions, the country's largest private lender ICICI Bank said it will have a role to play in 70 per cent of the deals that are expected to be about 35 billion dollars in aggregate during 2007. [ Full Story ] |
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| 'One in every 28 emails in India contains virus' |
| | As Internet becomes the order of life for more and more Indians who depend on emails to stay in touch, their computers face an increasing virus threat with one in every 28 emails being infected, a recent study says. [ Full Story ] |
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| 12 Indian cos among best-performers in Asia |
| |  Powered by profitability as well as shareholder returns, 12 Indian entities have made it to the list of Asia's 50 best performing companies the maximum for any country in the region. [ Full Story ] |
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| Coke plans new brands for India |
| |  Soft drinks major Coca Cola India is mulling an expansion in the country's over Rs 1,500 crore bottled water segment with introduction of global brands. [ Full Story ] |
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| 15% GDP growth will eradicate poverty: Experts |
| | The solution for eradicating poverty in the country lies in scaling up the gross domestic product growth rate to upto 15 per cent, according to experts. [ Full Story ] |
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| 'Democracy not a hindrance in Indian growth' |
| | Despite political difficulties and uncertainties often plaguing India, the country's vibrant democratic structure is a help rather than hindrance to the economic growth, according to panelists at the World Economic Forum. [ Full Story ] |
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| Airfares to climb to higher altitude |
| |  Passengers travelling by air on domestic routes will have to shell out more money as major airlines have increased fares following continuous rise in jet fuel prices. [ Full Story ] |
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| IT industry to generate 4,00,000 new jobs in '07 |
| |  The IT sector would generate 4 lakh new jobs this year which would be about 25 per cent higher than the previous year's, trade body NASSCOM said. [ Full Story ] |
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| India Inc roots for 'Wow' factor at work |
| |  Corporates are going out of the way to provide employees with a comfortable and interactive atmosphere and give avenues to relieve the stress from routine work. [ Full Story ] |
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| TCS to open 3rd centre, up headcount in China |
| |  Tata Consultancy Services plans to open its third IT centre in China in the current fiscal and increase its headcount five-fold to 5,000 by 2010, a senior official said. [ Full Story ] |
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| BSNL to invest Rs 22,880 cr in GSM |
| | BSNL on Friday said it has finalised the tender for adding 22.75 million GSM lines to Ericsson and Nokia-Siemens and is set to add two million connections a month from next year. [ Full Story ] |
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| Ranbaxy bullish in China operations |
| | Ranbaxy, one of the first Indian companies to set up a venture in China in 1993, is bullish in its operations, a top executive has said. [ Full Story ] |
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| Annual inflation at 3.79 pc |
| |  India's wholesale price index rose 3.79% in the 12 months to August 25, lower than the previous week's 3.94% due to a decline in some food prices, government data showed. [ Full Story ] |
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| Sensex crosses 15,700 after a month's gap |
| | Sensex breached the 15,700-mark after a gap of more than one month in a consistent surge on the back of sustained FII inflows and buying support from operators and retail investors. [ Full Story ] |
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| IBM, Innovation Group open centre of excellence |
| | IBM and Innovation Group launched a new global insurance centre of excellence in Bangalore to help companies develop newer business model and enhance customer experience. [ Full Story ] |
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| Don’t worry over Tata's Rs 1 lakh car: MUL |
| | Assuring its shareholders that the Rs one lakh car from Tatas would not be a competition to it, country's largest carmaker Maruti Udyog on Thursday said it would stick to its own strategy than reacting to competitors plans. [ Full Story ] |
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| Red-tapism ‘frustrates’ MNCs |
| | In a report for WEF, Pricewaterhouse Coopers has pointed out that many of India's successes have taken place in urban hotspots & rural areas have lagged behind. [ Full Story ] |
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| Asia's Fabulous 50 Indian Inc on top in Forbes' list |
| |  China may be the 'world's factory,' but Indian firms, led by TCS and Infosys, continue to outshine and dominate the annual ranking of Asia's big-cap, profitable companies. [ Full Story ] |
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| Market recovers early losses |
| | The benchmark Sensex recovered from early losses by gaining over 44 points on the Bombay Stock Exchange in early trade on Thursday on buying by funds. [ Full Story ] |
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| Growth prospects for India strong, says S&P |
| | Growth prospects for leading emerging economies, including India, remain strong, notwithstanding the recent correction in markets, a Standard & Poor's report has said. [ Full Story ] |
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| Govt clears 17 FDI proposals of Rs 284 cr |
| | The government cleared 17 FDI proposals involving a total investment inflow of Rs 284.76 crore, including that of a group firm of French banking major Societe Generale for undertaking financial services. [ Full Story ] |
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| Industry's challenge is of employability: Premji |
| | The challenge before the industry does not lie in the supply of talent but rather that of employability, Azim Premji, Chairman Wipro Ltd, said. [ Full Story ] |
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| Air India plane hits bird, lands safely |
| |  An Air India plane, with 400 passengers onboard, on Wednesday hit a bird after taking off from Mumbai and returned to the airport safely within an hour. [ Full Story ] |
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| Out-of-court settlement for Bajaj? |
| |  Bajaj brothers, Rahul and Shishir, who are engaged in a legal battle over division of the empire, are still trying to reach an out-of-court settlement. [ Full Story ] |
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| Sensex ends 19 points down |
| |  The stock market snapped its eight-day long winning streak with the benchmark Sensex ending with a small loss of 19 points on profit booking by funds. [ Full Story ] |
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| Intel dumps 'slow' India, goes to China |
| |  World's largest chip maker Intel deferred its decision to make India as a destination for semiconductor manufacturing as the government was slow to announce policy. [ Full Story ] |
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| Jet Airways delays $400 mn rights issue |
| | Jet Airways Ltd, India's top private airline, is delaying a planned $400 million rights issue because of the recent turmoil in global credit markets, its Chairman Naresh Goyal said. [ Full Story ] |
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| Bio-Fuel Plan: States compete to grow oil on soil |
| | Taking the cue from the Planning Commission’s suggestion for largescale Jatropha plantation for bio-fuel production, the state governments are now busy setting their own targets. [ Full Story ] |
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| ICICI Bank signs $1.5-bn pact |
| |  Country's second largest lender, ICICI Bank, said it has signed a multi-tranche dual currency USD 1.5-billion syndication loan agreement in Singapore. [ Full Story ] |
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| Mkt remains in bull orbit for 8 days at open |
| | Sensex opened on a firm note by gaining over 63 points in early trade on the BSE with heavy-weight stocks like Infosys and Reliance gaining further ground. [ Full Story ] |
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| The Goal Start early, save regularly, retire rich |
| |  You just can’t ignore retirement planning. In five easy steps, find out how much you need for maintaining your lifestyle after retirement, and how to get there. [ Full Story ] |
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| Mahindra Aug vehicle sales up 30 pct yr/yr |
| | India's top utility vehicle maker, Mahindra & Mahindra Ltd, said vehicle sales rose 30 per cent in August to 18,269 units from 14,032 units a year earlier. [ Full Story ] |
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| Maruti eyeing Israeli market for expansion |
| | India's top car maker, Maruti Udyog Ltd, is eyeing the Israeli market as it mulls expansion plans amid robust growth. [ Full Story ] |
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| July exports rise 18.5 pc y/y to $12.5 bn |
| | India's exports rose 18.5 per cent in July from a year earlier to USD 12.49 billion, data showed. Imports surged an annual 20.4 per cent to USD 17.51 billion in July. [ Full Story ] |
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| Govt notifies Parsvnath's IT SEZ at Gurgaon |
| | Realty firm Parsvnath Developers has received the final notification from the Centre for its IT and ITeS special economic zone at Gurgaon in Haryana.
[ Full Story ] |
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| Petrol dealers go on strike in Maharashtra |
| | Petrol station dealers across Maharashtra went on a day-long strike, protesting alleged harassment by an agency authorised to check fuel quality. [ Full Story ] |
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| Sensex ends 103 pts up at 5-week high |
| | Indian bourses extended their gains to the seventh day in a row as buying support gathered momentum and the Sensex jumped to a five-week high of 15,422.05, a rise of 103.45 points. [ Full Story ] |
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| UP farmers back Reliance stores |
| |  Nearly 3,000 farmers joined hands in Lucknow in a protest against Uttar Pradesh’s decision to close 10 new Reliance supermarkets following protests by small traders. [ Full Story ] |
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| Foreign lingerie makers plan to tap Indian market |
| | Global lingerie brands like Benetton and Etam have chalked out plans to tap the Rs 3,800- crore Indian market, which is currently growing at 12 per cent and is expected to touch Rs 6,700 crore by 2011. [ Full Story ] |
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| NSE, BSE outpace bourses in developed mkts |
| | Indian bourses have outpaced those in developed countries in terms of growth in market value in one year ended July 2007, but still lags behind equity markets in the world's fastest growing economy -- China. [ Full Story ] |
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| Mukesh Ambani earns 10 times more than Anil |
| | When it comes to earning money, Mukesh Ambani is way ahead of not only his younger brother Anil, but the top brass of entire India Inc. [ Full Story ] |
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| D-street may witness volatility |
| |  Investors at Dalal Street may witness a mixed bag ahead with bouts of volatility marking the otherwise positive undertone and markets taking direction from global cues. [ Full Story ] |
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| Employees dearer than customers for India Inc |
| |  Paucity of talent coupled with high rate of attrition has forced corporates in India to give more weightage to employees than the customers to ensure improvement. [ Full Story ] |
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| MUL domestic sales up 24.8 pc |
| | Car market leader Maruti Udyog Ltd reported a 24.8 pc increase in its domestic vehicle sales during August at 60,229 units as against 48,259 units in the same month last year. [ Full Story ] |
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| SBI to raise about Rs 89,600 cr in next five years |
| | Country's largest lender State Bank of India (SBI) plans to raise around Rs 89,600 crore as capital fund in the next five years. [ Full Story ] |
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| STOCK MKT: Tata: The ‘Rs 1 lakh’ question |
| | A few years ago, Tata Motors took a bold turn to diversify into passenger cars. [ Full Story ] |
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| MONEY TALKS Bharti AXA sets up mutual fund |
| | Bharti Enterprises, AXA Investment Managers and AXA Asia Pacific Holdings last week announced a joint venture to enter the mutual funds business. [ Full Story ] |
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| HEALTH INSURANCE Not to your ADVANTAGE |
| | ICICI Lombard’s Health Advantage might be the first policy to cover OPD and dental expenses also, but it’s mighty expensive [ Full Story ] |
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| INFRASTRUCTURE FUNDS On the FAST TRACK |
| | For India to keep growing at 9 per cent, a lot of infrastructure needs to be built — and it is being built. Companies are profiting from this building spree — and you should too [ Full Story ] |
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