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JAL scraps bonuses as govt asks banks for bridge loans (07 November 04:06) |
| Japan Airlines Corp decided not to pay winter bonuses to its employees, while the government asked the company's main creditor banks to provide bridge loans to keep the struggling airline af... |
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Guj gets highest central assistance in power sector Solanki (07 November 03:37) |
| Centre has provided over Rs 35,000 cr to Gujarat as assistance from the Centre, so far highest to any state in power sector, said Union Minister of State for Power Bharat Solanki. |
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HSBC bank says it will cut 1700 jobs in Britain (07 November 02:53) |
| HSBC is to cut more than 1,700 jobs across Britain, a spokesman for the global banking group said. HSBC will axe "just over 1,700" jobs, a spokesman told AFP, confirming media reports. |
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IIMA summer placements at record speed (07 November 04:49) |
| In what can be termed as a clear pointer to the revival in the economy, all first year students of the Indian Institute of Management at Ahmedabad were placed with summer internships — in ... |
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Travellers give thumbs up to India as a global brand (07 November 02:16) |
| The FutureBrand's latest Country Brand Index has ranked India among the top five countries for value for money, authenticity, history, best brand for art and culture and business. |
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India to be global manufacturing hub by 2015 Arun Maira (07 November 02:09) |
| India is poised to be a global manufacturing hub by 2015 and Government efforts are directed toward achieving this objective, a senior Planning Commission member said. |
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Citizens grope for way out in ravaged Irish economy (07 November 01:58) |
| Improved retail investor participation, coupled with high volatility in the market, has led to a 115 per cent jump in equity market volumes in the February to September period |
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Commercial insurance premia to rise 30 (07 November 01:56) |
| Come April 2010, companies will have to shell out 20 to 30 per cent more to buy insurance covers for property, aviation, engineering, marine insurance and business interruption. Reason: rein... |
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PSUs back in hiring game (07 November 01:53) |
| While private sector firms are hiring actively again, public sector undertakings (PSUs) are not lagging behind. Just a decade ago, many state companies were seen high on headcount on low on ... |
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Desperate in Dublin citizens grope in a ravaged economy (07 November 01:50) |
| Not politicians, bankers or developers but the indomitable average Irish will take the country out of its financial pain, reports Gautam Chikermane. |
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No VAT on Carsbikes to be purchased by army personnel (07 November 01:45) |
| The State Government has decided to exempt cars and motorbikes/scooters from levy of the Value Added Tax (VAT) in case vehicles are purchased by serving and ex- army men. |
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Wide-ranging forum at WEF summit (07 November 01:44) |
| Prime Minister Manmohan Singh would inaugurate the three-day India Economic Summit on Sunday, organised by the World Economic Forum (WEF) and the Confederation of Indian Industry (CII). |
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Indian stock markets to align with global holidays (07 November 01:42) |
| Aiming for a higher alignment of Indian markets with global markets to reduce the impact of global events on Indian stocks, brokers are looking at a lower number of trading holidays, w... |
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Kingfisher Jet hike fuel surcharge (07 November 01:41) |
| Domestic airfares have gone up marginally with leading private airlines Kingfisher Airlines, Jet Airways and JetLite increasing fuel surcharge with immediate effect, to offset the steep hike... |
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Wheat zone goes bananas (07 November 01:38) |
| A New leaf A 10-acre experiment in lucrative banana cultivation has kindled a new phase in Punjab’s agriculture. Vishal Rambani reports. |
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GoAir derosters pilot pending inquiry (06 November 10:46) |
| Budget air-carrier, GoAir, on Friday said that it has de-rostered one of its pilots, pending investigation into an incident involving one of its flights on Tuesday. |
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SBI extends 8 per cent home loan scheme to March 2010 (06 November 10:40) |
| India's largest lender State Bank of India has extended its special home loan scheme at 8 per cent interest rate by over four months to March 31, 2010, a move, which would provide relief to ... |
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US slaps import penalties on Chinese tubular goods (06 November 08:37) |
| The US Commerce Department announced it has imposed anti-dumping tariffs of up to 99 per cent on imports of Chinese tubular goods. |
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Hyundais Always Around campaign enters third consecutive year (06 November 08:30) |
| With the novel idea of 'Always There, Because We Care', Hyundai Motor India Ltd, the country's largest passenger car exporter and the second largest car manufacturer, is back with its nation... |
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Citigroup to relaunch its hedge fund ops Report (06 November 07:35) |
| Financial service major Citigroup is planning to relaunch Citi Alternative Investments, a unit that contains its hedge fund operations, a media report said. |
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Apples Steve Jobs named CEO of the decade (06 November 07:03) |
| He single-handedly saved Apple, wrought a revolution in online music, created a world-beating smartphone and led Pixar to dominate computer animation. |
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British Airways posts H1 loss of $346 million (06 November 05:55) |
| British Airways PLC reported a net loss of 208 million pounds ($346 million) for the six months ending in September as revenue fell by 13.7 per cent. |
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Indian equities up on governments divestment plan (06 November 03:28) |
| Indian equities opened decisively higher at all bourses on Friday with sentiment lifted by the government's decision a day before to ensure at least 10 percent divestment in all profitable s... |
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Sensex surges 208 points in opening trade (06 November 02:30) |
| The 30-share BSE index shot up by 208.47 points to 16,272.37 in opening trade on continued buying by funds, driven mainly by firming global trends after a better-than-expected US economic da... |
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FBI arrests 14 in Wall Street insider trading probe (06 November 01:07) |
| The FBI has arrested 14 people for alleged involvement in what prosecutors say was the largest hedge-fund insider trading scheme ever on Wall Street, prosecutors in New York said on Friday. |
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India-EU to sign nuke pact discuss free trade pact (06 November 05:45) |
| India and the European Union will sign an agreement in civil nuclear field at their summit in New Delhi on Friday during which the two sides are also expected to give a political push to the... |
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Microsoft online services to be available in India (06 November 05:36) |
| Microsoft, the worldwide leader in software for personal and business computing, today announced commercial availability of Microsoft Online Services in India. |
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Murthys wife sells 20 lakh Infy shares for Rs 430cr (06 November 05:15) |
| Infosys's co-founder Narayana Murthy's wife Sudha Murthy on Thursday sold 20 lakh company shares owned by her for over Rs 430 crore in the open market. The money raised would go into the cor... |
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Giant PSUs to go public soon (06 November 03:58) |
| The Cabinet approves a new plan to sell stakes in public sector companies through small-bite share offers in the market, with a mandatory selling provision that would open the gates for stoc... |
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PSU investors richer by Rs 26k cr in a single day (06 November 01:20) |
| The market capitalisation of public sector companies jumped by a near Rs 26,000 crore on Thursday bouyed by positive sentiment after the government's decision to divest 10 per cent stake in ... |
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New PSU bank staff to get NPS (06 November 12:43) |
| All persons who join public sector banks on or after April 1, 2010 would come under the government’s new pension system (NPS). |
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India is a critical location for us (06 November 12:40) |
| Honeywell is a Fortune 100 diversified technology and manufacturing leader engaged in developing, designing, and engineering products and solutions ranging from collision avoidance systems f... |
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Real estate recovery could wound itself (06 November 12:37) |
| Are real estate developers celebrating a rebound too soon? Market experts say a recent rise in property prices could stifle demand than boost profitability for developers, who seem to be in ... |
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Heard the latest number Old inflation index fades out (06 November 12:33) |
| A decades-old economic benchmark is saying good-bye, after a tumultuous era when it was the official scoreboard for politicians and economists. |
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Bajaj wants to be worlds top bike maker by 2015 (06 November 12:31) |
| The country’s second largest manufacturer of two-wheelers, Bajaj Auto, is looking to ride to the global top spot by 2015. |
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Second round Sparring goes on in gas case (06 November 12:16) |
| The second round of hearing on the Ambani brothers’ gas dispute began in the Supreme Court with Mukesh Ambani led RIL repeating most of its arguments before a new bench constituted after J... |
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Power sector hungry for skilled staff (06 November 12:13) |
| The government’s ambitious plans for the power sector could well go off the rails due to a shortage of skilled manpower in the sector. |
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Job market finds its groove (06 November 12:11) |
| After almost three consecutive quarters that saw a hiring freeze trend with selective hiring at best, recruiters across key sectors such as healthcare, consumer electronics, automobile and I... |
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Wipro acquires Yardleys overseas business (06 November 12:01) |
| In a strategic move to expand its premium product portfolio and tap emerging markets, Wipro Limited has inked an agreement to acquire some of the overseas businesses of the personal care bra... |
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SFIO will continue its probe on Satyam Computer Khurshid (05 November 11:54) |
| The Serious Fraud Investigation Office will continue its investigation into alleged corporate law violations by Satyam founder B Ramalinga Raju but other agencies would probe breaking foreig... |
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Rising prices push food inflation to 1339 pc (05 November 07:58) |
| The government on Thursday presented a more realistic picture of the price situation saying the inflation of food items shot up by 13.39 per cent during the week ended October 24 driven main... |
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Rage against GM over 10000 planned job cuts at Opel (05 November 07:45) |
| Angry German workers planned protests on Thursday after General Motors said it would cut some 10,000 jobs at its European unit Opel in a move slammed as a slap in the face for Chancellor Ang... |
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All profitable PSUs to be listed 10 equity to be offloaded Govt (05 November 07:29) |
| The government today decided that all listed central public sector enterprises would increase the public holding to 10 per cent and all unlisted profitable state-owned entities should g... |
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MSP for rabi crops hiked wheat support price up Rs 20qtl (05 November 07:09) |
| The government on Thursday hiked the minimum support price (MSP) of wheat by Rs 20 and chana (gram) by Rs 30 per quintal as sowing for the Rabi season has begun. |
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India shows bull market for gold intact EMForbesEM (05 November 03:27) |
| India's purchase of 200 tonnes of gold for $6.7 billion from the International Monetary Fund "shows central banks are getting on board with the idea that the bull market in gold still has le... |
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Wipro buys Yardley personal care businesses (05 November 02:47) |
| India's No. 3 software services exporter, said on Thursday it had agreed to buy some personal care businesses of Yardley for about $45.5 million, adding to its consumer goods business. |
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Air Jordans cost varsity future deal with adidas (05 November 02:30) |
| A fight over the shoes Michael Jordan's son will wear at the University of Central Florida has cost the school any future sponsorship with adidas. |
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Sensex down 184 pts in opening trade on Asian cues (05 November 02:25) |
| The Bombay Stock Exchange benchmark Sensex today fell by over 184 points at 15,728 points as funds and retail investors preferred to book profits amid weak Asian markets. |
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Sensex up 151 pts on govts move to offload 10 in listed PSUs (05 November 02:25) |
| The government's decision today to offload 10 per cent stake in all listed PSUs lifted the benchmark Sensex from initial losses to close higher by over 150 points 16,063 points. |
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AI invites bids for leasing out three Boeing 777 (05 November 04:55) |
| National air carrier Air India has invited bids to put three of its Boeing 777 aircraft on sub-lease. |
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