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Bonds to bail out UTI likely only next fiscal
THE Government's plans of a bond issuance to bail out the Unit Trust of India's (UTI) US-64 scheme may be pushed to the next fiscal. However, the additional fund requirement to bridge the shortfall between the assured repurchase price and the ...
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Steel prices may rise on US trade panel ruling
STEEL prices in the domestic market, which have increased by around 22 per cent during the past five months, are likely to go up further over the next few months following the International Trade Commission (ITC) giving a clean chit to India and ...
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Intel to invest more in India — `No plans for manufacturing facility'
Mr Pramod Mahajan had told reporters in the morning after a meeting with Mr Barrett that Intel had decided to invest $130 million in India over the next three years. Mr Barrett did not substantiate this number.
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Call centres moving into smaller cities
THOUGH the metros continue to be the major hubs for call centres, training companies such as Team Builder, the HR Services division of Parsec Technologies and Hero Mind Mine reckon that there is a large influx of international call centres into ...
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Flights out of India crammed
Another reason for the rush seems to be fear of flying close to the dreaded September 11.
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FM players get breather till Monday to pay licence fee
THE Government seems to be offering a small leeway for the private FM players. It has decided to wait till Monday before encashing bank guarantees of defaulters. The deadline for paying up the licence fee for the three metros of Delhi, Chennai ...
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DSP Merrill consolidating its holding in AMC
DSP Merrill Lynch (DSPML) is consolidating its holding in its asset management company, DSP Merrill Lynch Investment Managers Ltd (DSPMLIM), by buying the 40 per cent stake of Merrill Lynch Investment Managers (MLIM). DSPML holds the rest of the ...
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Philips to divest printed circuit board assembly business
PHILIPS India Ltd is to divest the printed circuit board assembly business to the US-based Jabil Circuit Inc for a total consideration of Rs 23 crore. In a notification to the stock exchanges, the company said that the divestment would be ...
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