INDUSTRY & ECONOMY
NRIS
Corpn Bank hikes NRE, FCNR rates
Mangalore, May 8 Corporation Bank has increased the rate of interest offered on NRE term deposits and FCNR (B) deposits with effect from May 1. ...
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COURTS/LEGAL ISSUES
Global meet on opening up legal services
The international conference on “The New Business Laws of India” hosted by the International Indian Bar Association (IIBA) will commence on May 9. The two-day event is aimed at discussing the issue: ‘Should India open ...
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‘Liberalising legal services will drive up standards’
Will bring in opportunities for Indian law graduates, says British MP
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ECONOMY
Govt mulls ban on agri futures trading
The Government is contemplating a ban on futures trading in all agricultural commodities, according to a note circulated by the Minister of State for Industries, Mr Ashwani Kumar, here on Thursday.There has been reports that the future ...
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India@75 vision: Balance aspirations and resources
‘We must universalise education’ for becoming global leader
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ENVIRONMENT
French Development Agency to fund Indian projects
Chennai, May 8 The proposed Agence Francaise de Développement (AFD), or French Development Agency, meant to fund Indian companies investing in clean technologies, water management and conservation of bio resources, would be set up within ...
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PETROLEUM
Rupee sheds another 40 paise; crude at $123
Mumbai, May 8 The fall and fall of the rupee over the last 10 days seems to be seeing no reversal as the Indian currency shed another 40 paise on Thursday, tumbling to a new low against the dollar. The rupee opened at 41.53/55 on ...
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PHARMACEUTICALS
Concern over delay in finalising pharmaceutical policy
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POWER
Coal situation worsens at thermal stations
Chinese demand eating into imports
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TEXTILES
Cotton wastes shortage hurts spinning mills in TN
Spiralling prices, surge in exports cited as main reasons
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Textile export sector’s stir
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BREWERIES
Spirited highway
It’s a heady mix — the picturesque green expanse and a variety of delicious wines — on Stellenbosche, Cape Town’s second-oldest wine route.
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REAL ESTATE & CONSTRUCTION
Indiabulls Real Estate plans to list its arm in Singapore
IPIT granted ‘Eligibility to list’ by SGX in February
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INDUSTRY ASSOCIATIONS
Tax concessions welcomed
KNITWEAR & HOSIERY
Exporters’ body seeks Collector for Tirupur
Coimbatore, May 8 Tirupur Exporters Association (TEA) has urged the Tamil Nadu Government to initiate action towards building infrastructure for the new Tirupur district by announcing the appointment of district collector. It also urged ...
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MINERALS
India Cements takes Alagappa mines on lease
Ariyalur, May 9 India Cements has taken over the Alagappa Lime Stone Mines spread over 21 hectares at Pudupalayam near Ariyalur on a 20-year lease. It has committed to invest Rs 7 crore for executing schemes on environment, social ...
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DISINVESTMENT
DoT defers decision on VSNL stake sale
New Delhi, May 8 The Department of Telecom has decided to defer a decision on divesting its 26 per cent stake in Tata Communications (formerly VSNL) till the issue related to the company’s surplus land is settled. The matter was ...
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RURAL DEVELOPMENT
SKS Microfinance plans expansion
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