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Bharti Infratel sells $1 b stake to global investors
Enterprise valuation pegged at $10-12.5 billion
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Buddhadeb defends corporates’ retail entry
Kolkata, Dec. 28 The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, on Friday defended entry of corporate houses in retail, saying, “if we want a market mechanism, we must allow corporate houses in retail, though slowly and ...
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AI, Indian’s land assets revalued at Rs 6,000 cr
The exercise would help boost NACIL’s net worth, which is currently very low. It would also help raise funds for a variety of activities.
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Rabi sowing sees drop in coverage of major crops
Wheat, oilseeds area show decline; urad, moong hold promise
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Inflation rate drops on cheaper fruit, vegetables
Wholesale Price Index for All Commodities at 215.6 points
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Bullish trend in agri commodities to continue
Outlook negative for sugar but positive for wheat, edible oils
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Business confidence index moves up eight points
A turnabout after the slowdown in the two previous quarters
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General insurance: Liberalisation has made little difference
Sector grew at a CAGR of 15% over the past 6 years; coverage remains at 0.5%
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Service tax: ONGC may have to pay more hire rates
Mumbai Dec. 28 ONGC may have to cough up higher charges for hiring Indian offshore support vessels for oil exploration.This comes in the wake of the Government indicating to Indian shipping companies that marine logistics services, ...
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US Fed needs global watch
After the Cold War ended, the US promoted globalisation in a big way. It opened its markets, cut tariffs and promoted cheap imports. The Fed also cut rates and printed more dollars. It thus promoted a global financial architecture by which an unwritt en ‘safety rule’ has been enforced on central banks of other nations to hold their reserves in US securities. This structure is clearly unsustainable, argues S. GURUMURTHY.
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Cement prices to remain firm
‘Only raising capacities will bring down prices’
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YEAR ENDER
BPO sector feels the heat of rupee rise, US sub-prime crisis
Challenges like attrition, wage inflation continue to haunt the industry
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FDI cap on select broadcast areas may be hiked to 74%
Cabinet panel may vet proposal early next year
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FBT on ESOPs clarified
Though the recent CBDT circular on fringe benefit tax on employee stock options is welcome, a few issues require further clarification.
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SEBI announces guidelines for REITs
Investors now have another route to invest in real estate. The SEBI has announced guidelines for schemes under the proposed Real Estate Investment Trusts (REITs).As per the draft guidelines, all schemes are to be compulsorily listed on ...
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Rail-related stocks on a roll
Freight corridor project, pre-Budget rally buoy sentiment
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Inox jumps on takeover buzz
Stock of Inox Leisure Ltd has jumped over 72 per cent during the last one month. Rumour doing the rounds in the market is that Adlabs Films may takeover the company. Sources say that on the back of this talk the stock has seen steady accumulation ...
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