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Bet on sectors dependent on direct consumer spending (08 November 12:00) |
| BL Research Bureau For investors who would like to bank on the recovery, businesses that sell directly to the consumer or benefit from government spending seem to be the safe bets. |
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Shareholder democracy has long way to go in India (08 November 12:00) |
| Hyderabad, Nov. 7 Thanks to the Companies Law Bill 2009, the expression ‘shareholders’ democracy’ is gaining in popularity. The Government argues that shareholders should have a say in... |
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Family businesses need to fire the spirit of entrepreneurship (08 November 12:00) |
| Chennai, Nov. 7 Family-owned businesses in the country have been a major source of entrepreneurship in the country over the years. Now, to fire the spirit of entrepreneurship in these busine... |
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CDR package Wockhardt to address creditors concerns by month end (08 November 12:00) |
| Mumbai, Nov. 7 Drug-maker Wockhardt has till the end of the month to address concerns raised by creditors opposed to what they call a “one-sided” debt restructuring exercise. |
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Next Gen must be trustees of family biz not treat it as gift (08 November 12:00) |
| Chennai, Nov.7 The next generation of a family-run business should understand that responsible ownership is to act as trustee of the business and not treat it as a gift, said Mr Narayan Seth... |
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Spot LNG players expect to grow despite rising gas production (08 November 12:00) |
| Despite the spot LNG (liquefied natural gas) business being hit by the sharp rise in domestic natural gas production, most stakeholders in the business expect to post a growth due to their d... |
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Malaysian co to set up bus body building base in India (08 November 12:00) |
| Mumbai, Nov. 7 Malaysia-based Scomi Group is exploring opportunities to set up coach building (bus body) facilities in India. It is in talks with domestic majors who make bus |
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Generation at key NTPC stations falters (08 November 12:00) |
| New Delhi, Nov. 7 The delay in a coal import tender floated by MMTC Ltd has hit coal-based generation at key NTPC stations. The Kahalgaon and Farakka units are among thermal projects that ha... |
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Wellcome Trust DBT India Alliance fellowships for biomedical research (08 November 12:00) |
| The Wellcome Trust-Department of Biotechnology India Alliance will be announcing 40 early-career fellowships for post-doctoral studies within a couple of |
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Funeral directors eye India to set up shop! (07 November 12:00) |
| Ahmedabad, Nov. 6 Chandu Tailor & Son Ltd, a London-based business house run since 1993 by a Gujarati family of Kenyan origin, now plans to expand its activity in India. Nothing unusual, exc... |
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Phillips Carbon to shift to CBM as feedstock (07 November 12:00) |
| Durgapur, Nov. 6 Phillips Carbon Black Ltd, an RPG Group company, proposes to use coal bed methane (CBM) at its local plant partially replacing the liquid feedstock carbon black feed stock (... |
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Feng Tay to increase capacity at its shoe-making unit (07 November 12:00) |
| Chennai, Nov. 6 The Taiwan-based Feng Tay Group, which has set up a Rs 300-crore export-oriented unit for manufacturing sports shoes, has initiated plans for the next phase of expansion. |
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Wal-Mart scion meets PM (07 November 12:00) |
| India has once again ruled out the possibility of allowing international multi-brand retailers to enter the country saying it will stick to the current single-brand foreign investor model. ... |
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BHEL bets on near doubling of orders in H2 (07 November 12:00) |
| New Delhi, Nov 6 With the economy showing broad signs of a revival, equipment major BHEL is betting on a near doubling in order bookings in the second half of the current fiscal. |
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Mahindra auto plant likely near Chennai (07 November 12:00) |
| Chennai, Nov. 6 Automobile manufacturer Mahindra & Mahindra is to set up an automobile plant at Cheyyar, about 100 km from |
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FIPB defers decision on EADS LT joint venture proposals (07 November 12:00) |
| New Delhi, Nov. 6 The Foreign Investment Promotion Board has recommended that a decision be deferred on EADS and Larsen and Toubro’s proposal to form two joint ventures for production of d... |
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BEML bags Rs 185-cr NCL order (07 November 12:00) |
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Celestial Labs to change name (07 November 12:00) |
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Anti-Malaria vaccine trials (07 November 12:00) |
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Tata Power to raise $300 m through bonds (07 November 12:00) |
| Mumbai, Nov. 6 Tata Power said on Friday it would raise up to $300 million through foreign currency convertible bonds carrying a coupon rate of one per cent to 1.75 per cent. |
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Rico strike ends nine of 16 suspended workers rejoin (07 November 12:00) |
| The labour unrest at Rico Auto’s unit in Manesar ended on Friday as workers and company officials reached a settlement. The unions and workers had previously threatened a strike across the... |
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Pagaria Power to set up plant in Konkan (07 November 12:00) |
| Mumbai, Nov. 6 Pagaria Power plans to set up a 1,000-MW coastal plant in Konkan, Maharashtra. Once the exercise of government formation is through in the State, the company plans to fast-tr... |
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Orbitech cuts stake in Polaris Software (07 November 12:00) |
| Chennai, Nov. 7 Orbitech Limited, an arm of Citibank Capital Venture, on Friday sold shares in Chennai-based Polaris Software Lab Ltd in a deal valued at Rs 17.35 crore. |
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RMoney CEO to join Spice as Group President (07 November 12:00) |
| Mumbai, Nov. 6 Mr Sudip Bandyopadhyay has left Reliance Money, where he was Director and CEO, to join the BK Modi-promoted Spice Group as Group President, Financial Services, said a press re... |
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Award for SECL (07 November 12:00) |
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Wipro Consumer buys Yardley for Rs 214 cr (06 November 12:00) |
| Bangalore, Nov. 5 Wipro Ltd has brought the iconic Yardley London brand into its fold. |
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Maytas Infra bags Rs 790-cr order (06 November 12:00) |
| Hyderabad, Nov. 5 Maytas Infra Ltd has won the Pune-Sholapur road contract worth Rs 790 crore from IL&FS Transportation Networks Ltd (ITNL). |
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RIL RNRL allege contradictions in each others statements (06 November 12:00) |
| A day after Mr Justice R.V. Raveendran withdrew from hearing the case citing potential conflict of interests, the Ambani brothers’ gas row started afresh in the Supreme Court on Thursday. ... |
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Realty cos Slow build-up in sales even as profits deconstruct (06 November 12:00) |
| The September quarter results of 25 listed realty companies suggest that the sector’s recovery is painfully slow. Only nine realty companies managed an expansion in sales on a year-on-year... |
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IOC chief rues uncertainty of investment return (06 November 12:00) |
| Chennai, Nov. 5 The Chairman and Managing Director of IndianOil, Mr Sarthak Behuria, on Thursday rued that the “much needed investment in the oil refining industry is not attaining its req... |
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Company Secretaries body for cap on directorships (06 November 12:00) |
| The Institute of Company Secretaries of India (ICSI) has suggested that the number of directorships for an individual should be capped at 15. |
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Honda to launch 110cc bike with new style mantra (06 November 12:00) |
| Mumbai, Nov. 5 Honda Motorcycle & Scooter India’s next offering in the market will be a 110cc motorcycle that will debut during this |
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Renault here to stay despite challenges (06 November 12:00) |
| Mumbai, Nov. 5 Mr Carlos Ghosn’s comments at the Tokyo Motor Show last month on reviewing the multi-partner strategy in India may have caused a flutter in industry circles but the fact tha... |
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Ashok Hotels to come up in more cities (06 November 12:00) |
| The state-owned India Tourism Development Corporation (ITDC) Ashok brand of hotels is to further expand its presence. On Thursday it signed memorandum of understanding with six hotels premis... |
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Gadgil forays into real estate (06 November 12:00) |
| Pune-based jewellers P N Gadgil and Co has forayed into the real estate space with Dajikaka Developers Pvt Ltd announcing its maiden residential project. Located at Bavdhan, the 150-unit pr... |
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Coal India abandons plan to buy asset in Australia (06 November 12:00) |
| Kolkata, Nov. 5Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank. |
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Lets not reduce this case to a street brawl Salve (06 November 12:00) |
| The verbal duelling between RIL senior counsel Mr Harish Salve and RNRL senior counsel Mr Ram Jethmalani intensified further on Thursday in the Supreme |
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Honda Cars ties up with insurance cos (06 November 12:00) |
| New Delhi, Nov. 5 Honda Siel Cars India (HSCI) announced on Thursday the launch of ‘Honda Assure’, an insurance tie-up with various general insurance companies. |
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Chittivalasa jute mill lockout continues (06 November 12:00) |
| Visakhapatnam, Nov. 5 The lockout in the Chittivalasa jute mill at Tagarapuvalasa in Visakhapatnam district is continuing for more than six months and there seems to be no breakthrough in si... |
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MRPL mandates SBI Caps to raise Rs 5000 cr to fund projects (06 November 12:00) |
| Chennai, Nov. 5 Mangalore Refineries and Petrochemicals Ltd has mandated SBI Capital Markets Ltd to raise Rs 5,000 crore for its refinery expansion and petrochemical projects, MRPL’s Manag... |
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Premier Explosives plans solar wind power entry (06 November 12:00) |
| Hyderabad, Nov. 5 Premier Explosives Ltd (PEL), an indigenous technology and component provider to the country’s strategic sectors, is mulling options of entering the renewable energy are... |
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PowerGrid makes top-level changes at telecom arm (06 November 12:00) |
| Mumbai, Nov. 5 Power Grid Corporation of India has effected top-level changes at Powertel — its telecom focused special business |
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Tatas going global with low-cost housing (06 November 12:00) |
| The Tatas are giving a global perspective to their successful affordable housing model, which was launched in Mumbai. Mr Ratan Tata, Chairman of Tata Sons, said that Tata Housing has got enq... |
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Pledging of shares points to Suzlons cash woes (06 November 12:00) |
| The acquisition of shares pledged by Suzlon Energy’s promoters by Indiabulls Financial Services and IDBI Trusteeship Services (acting on behalf of certain lenders), indicates that the comp... |
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Judge recuses from Reliance case (05 November 12:00) |
| The withdrawal of Mr Justice R. V. Raveendran on Wednesday on moral grounds from a Bench of the Supreme Court hearing the gas dispute involving the Ambani brothers, is unlikely to cause a ma... |
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RCF forays into cement distribution (05 November 12:00) |
| Over 6,000 dealers of public sector undertaking Rashtriya Chemicals and Fertilisers are likely to double up as cement stockists |
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ArcelorMittal eyes alternative sites for plants (05 November 12:00) |
| New Delhi, Nov.4 The world’s largest steel maker ArcelorMittal is looking at alternative sites to set up its steel plants in India after its proposed Orissa and Jharkhand plants got dela... |
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Godrej Properties IPO in two months Adi Godrej (05 November 12:00) |
| Mumbai, Nov. 4 It was an eventful second quarter for the Godrej Group which also saw its Indian joint venture partner, Sara Lee Corporation, sell a part of its US business to Unilever Plc. T... |
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Royal Enfield to double capacity at Chennai plant (05 November 12:00) |
| New Delhi, Nov. 4 Motorbike manufacturer Royal Enfield said on Wednesday that it plans to invest Rs 65 crore to double the capacity of its Chennai plant from 50,000 to one lakh units by 2013... |
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Legal fraternity divided over Mr Justice Raveendrans move (05 November 12:00) |
| New Delhi, Nov. 4 The decision of Supreme Court judge Mr Justice R.V. Raveendran to withdraw from hearing the Ambani brothers’ gas row on moral grounds on Wednesday sparked off a similar d... |
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