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Pvt retailers keen to resume fuel sales: Govt

Private cos closed their stations because they could not match the price offered by PSUs.

OVL not to revise Imperial bid price

The fall in international oil prices notwithstanding, OVL will not revise its Imperial bid.

Cement-makers face glut ahead

The 205-million-tonne cement industry is worried about the nearing oversupply situation and sinking demand, which are exerting pressure on its earnings, sales realisation and margins.

Pandit stays at Citi, at least for now

The job of running crisis-ridden Citigroup is still with India-born Vikram Pandit.

Piracy forces shippers to re-route: Industry

Shipping companies alarmed by rampant piracy off Somalia are re-routing around South Africa industry groups said..

Air India working on slashing fares by 10-12 pct

In a bid to boost the air traffic growth rate, Air India's top brass has started working on slashing the carrier's fares following considerable reduction in jet fuel prices.

Emami to invest Rs 90 cr in Africa

Kolkata-based FMCG major Emami is planning to set up a manufacturing facility in Africa.

No more Civic Hybrid imports this fiscal: Honda

Honda will not import the car further this fiscal as its allotment for India has exhausted.

Citi may effect larger job cuts in India

The deteriorating financial conditions of Citigroup may now hit its Indian operation harder.
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