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Sensex falls over 240 points as RBI raises key rates (22 March 04:47) |
| Mumbai: The Bombay Stock Exchange benchmark Sensex fell by over 240 points, or 1.37 per cent, in the opening trade today, snapping the four-session winning streak as investors sold stocks af... |
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British Airways battles cabin crew strike (20 March 10:36) |
| London: British Airways said it would fly more than 60 per cent of passengers with flights booked for this weekend despite a three-day cabin crew strike that risks hurting the Labour governm... |
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Sensex set to rise 11 percent by end-2010 (19 March 06:00) |
| Mumbai: The BSE Sensex was set for solid gains in 2010, driven by earnings optimism and supported by robust economic growth, albeit at a slower rate than last year, a Reuters poll found. |
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Apple director Jerry York dies at 71 (19 March 04:43) |
| Jerry York, a long-time adviser to billionaire investor Kirk Kerkorian and executive whose career spanned the auto and technology industries, has died, Apple Inc said on Thursday. |
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IT major TCS to hire 30000 next fiscal (17 March 12:56) |
| Mumbai: IT major, Tata Consultancy Services (TCS), today said that its growth momentum in the last quarter of this fiscal would be better than the previous quarter and that the entire IT ind... |
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Battle lines drawn Birla to fight Wadia on Worli land makeover (17 March 03:10) |
| Mumbai/Kolkata: B K Birla’s company had decided to spend Rs 625 crore on the first phase of Century Mill’s redevelopment plan in Mumbai. |
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Lehman plans to end bankruptcy create new company (16 March 06:01) |
| New York: Lehman Brothers Holdings Inc on Monday filed a plan with the U.S. bankruptcy court in Manhattan to wind down its remaining assets and operations -- and end the largest U.S. bankrup... |
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BSE Sensex edges higher Reliance LT lead (16 March 06:00) |
| Mumbai: The BSE Sensex was trading 0.1 percent higher on Tuesday, supported by a small rise in its Asian peers, with Reliance Industries and Larsen & Toubro leading the charge. |
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Economy has turned around says Pranab (12 March 04:37) |
| The Finance Minister said the Budget proposals raising excise duty by two per cent will have some impact on inflation as it is not detachable from the overall economy. |
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Sensex at 7-week high level ends 134 pts down (12 March 04:20) |
| Mumbai: Stock markets turned edgy on Friday with the benchmark Sensex closing with a marginal 1.34-point drop after a volatile session, as an impressive industrial growth coupled with high i... |
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Gold loses for 8 days in row in Delhi longest fall in 4 years (12 March 03:10) |
| New Delhi: Gold prices lost Rs 10 at Rs 16,780 per ten grams to extend the fall for the eighth day in a row -- the longest losing streak in four years in the Delhi bullion market. |
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Industrial production grows 167 percent in January (12 March 01:08) |
| New Delhi: India's industrial production rose 16.7 percent in January from 1 percent a year earlier, buoyed by continued growth of the manufacturing sector and a low base effect, official da... |
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Be humane to taxpayers says Pranab (12 March 11:57) |
| New Delhi: Finance Minister Pranab Mukherjee has asked taxmen to be "humane" when dealing with taxpayers, as he felt that being considerate and treating people with respect helps in improvin... |
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HSBC says Swiss data theft impacts 24000 accounts (11 March 03:45) |
| London: HSBC, Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank. |
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Mukesh Ambani Lakshmi Mittal among worlds top ten billionaires (11 March 04:22) |
| Washington: Indians Mukesh Ambani and Lakshmi Mittal figured among world's top ten billionaires as Mexican tycoon Carlo Slim Helu beat Americans Bill Gates and Warren Buffett to become the w... |
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Wipro case Better corporate governance needed say experts (11 March 03:53) |
| Bangalore/Mumbai: The recent case of embezzlement by a Wipro insider, believe industry experts and analysts, would have little impact on the company’s business or image. However, they simu... |
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Indian investors can now access US market (10 March 05:06) |
| New Delhi: In a major development that will allow Indian investors access to the American market, the country's top bourse NSE has decided to begin trading in futures contracts of Dow Jones ... |
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IIM-B final placements closed in just five days straight (10 March 10:44) |
| Bangalore: Providing a strong indication of a positive sentiment for the economy, the final placements season at the Indian Institute of Management Bangalore (IIM-B) was closed in just five ... |
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Mamata blames communication gap for abstaining from voting on Womens Bill (10 March 10:40) |
| New Delhi: Trinamool Congress chief and Railway Minister Mamata Banerjee today attributed her party's abstention from voting on the Women's Reservation Bill in Rajya Sabha to a "communicatio... |
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Womens Bill Mulayam Lalu not mulling no-trust motion (10 March 10:38) |
| New Delhi: Mulayam Singh Yadav and Lalu Prasad, the two strong opponents of the women's bill, said they were 'as of now' not considering the issue of bringing a no-confidence motion in Lok S... |
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Upside of downturn employee loyalty on the rise (10 March 10:28) |
| New Delhi: More than a third of employees surveyed have become more loyal to their companies after the economic downturn as the difficult conditions helped in strengthening bonds between wor... |
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CEO bonuses fell 22 pct in 2009 Report (10 March 06:39) |
| New York: US consumer, financial and technology companies slashed bonuses for their chief executives by more than half in 2009, a leading firm that tracks pay data said on Tuesday, as compan... |
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Rupee falls by 12 paise against dollar in early trade (10 March 05:12) |
| Mumbai: The Indian rupee depreciated by 12 paise against the US dollar in early trade today, following the American currency's gains overseas. |
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Sensex rises 44 points in opening trade on firm Asian mkts (10 March 05:11) |
| Mumbai: The Bombay Stock Exchange benchmark Sensex recovered by nearly 44 points in the opening trade today on fresh capital inflows from foreign funds amid firming Asian markets. |
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Bosch declares lock-out at Bangalore plant (10 March 04:21) |
| Bangalore: Bosch Ltd, an automobile component maker, has declared lock-out at its Naganathapura Plant near here with effect from last night, after talks with workers over wage revision faile... |
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IT sector created most jobs in Q3 Report (10 March 03:09) |
| New Delhi: Ninety per cent of the new jobs created during the last quarter were direct recruitments by employers while the rest were done through contracts, a latest government survey said. |
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Gold falls below Rs 17k-mark on negative global cues selling (09 March 02:41) |
| New Delhi: Extending losses for the fifth trading session, gold today fell below the Rs 17,000-mark by shedding Rs 110 per ten grams on the bullion market here due to selling pressure induce... |
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Sensex declines 50pts over subdued global cues (09 March 02:39) |
| Mumbai: The Sensex opened flat at 17,089, owing to subdued global cues. The Asian markets had a flat session of trade. The Hang Seng added 10 points to 21,207, while Nikkei was down 18 point... |
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Inflation seen moderating says RBI chief (09 March 11:27) |
| Inflation in India should moderate in the coming months and the central bank will ensure interest rate levels do not have a negative impact on the competitiveness of the economy, the head of... |
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Ramadorai is new BSE chairman (09 March 11:17) |
| Mumbai: The Bombay Stock Exchange (BSE) appointed Tata Consultancy Services (TCS) Vice-Chairman S Ramadorai as the chairman of the bourse. |
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Sensex hits a five-week high Nifty regains 5K mark (09 March 10:36) |
| Mumbai: The Bombay Stock Exchange benchmark Sensex rallied by over 340 points to close at five-week high of 16.772.56 on aggressive buying by institutional investors, who appeared enthused b... |
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India most optimistic nation on hiring in Q2 Manpower (09 March 09:42) |
| New Delhi: India continued to be the most optimistic nation in terms of hiring plans for the next three months, driven by strong job opportunities across all sectors including finance and re... |
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Orissa industries go on power holiday (09 March 06:16) |
| Bhubaneswar: Faced with acute shortage of power, the Orissa government Tuesday began its 'power holiday' scheme with industries being asked not to use electricity for one day in a week. |
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Essar Energy plans London listing to raise $3 billion (09 March 05:21) |
| Mumbai: Essar Group, promoted by the billionaire brothers Shashi and Ravi Ruia, plans to raise $3 billion (Rs 13,800 crore) by listing 25 per cent in Essar Energy, the group’s holding comp... |
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Infrastructure may replace IT as new growth driver (09 March 05:21) |
| Mumbai/New Delhi: What’s common between GMR Infrastructure, Mundra Port, Reliance Infrastructure, JP Associates and GVK Power and Infrastructure? All are infrastructure companies, with gro... |
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Price Waterhouse plea on Satyam probe rejected (09 March 05:20) |
| New Delhi: Price Waterhouse (PW), an Indian arm of the global consultancy firm PricewaterhouseCoopers, whose partners got embroiled in the Satyam accounting fraud, failed to get a reprieve f... |
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Daimler to sell 534 stake in Tata Motors (09 March 04:24) |
| Mumbai: German car major Daimler AG is exiting Tata Motors, India’s largest commercial vehicles maker. Daimler, which held 5.34 per cent stake in the company, plans to raise around Rs 1,95... |
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Microsoft may launch Zune-like phone (09 March 03:30) |
| Mumbai: If Apple and Google can launch their own smartphones, can Microsoft be left behind? Not likely, if one goes by the internet buzz that the Redmond-based software giant is partnering o... |
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Sensex surges 193 points in opening trade (08 March 05:29) |
| Mumbai: The Bombay Stock Exchange benchmark Sensex shot up by 193 points in opening trade today on a flurry of buying by funds, driven by firm Asian bourses. |
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Industrialist G P Birla dead (06 March 05:15) |
| Kolkata: Noted industrialist G.P. Birla died late Friday night after a prolonged illness, a source close to the family said here Saturday. He was 86. "He breathed his last at his Kolkata res... |
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Insurance company to pay Rs 50K as compensation (06 March 05:13) |
| New Delhi: The Delhi State Consumer Commission has directed an insurance company to pay a compensation of Rs 50,000 to a policy holder whose mediclaim was wrongly rejected on the ground of p... |
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Microsoft to launch social networking phone in US (06 March 04:24) |
| San Francisco: Software giant Microsoft is to launch its own mobile phones in the US later this year as it aims to challenge the growing smartphone dominance of its main rivals Apple and Goo... |
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SBI not to hike lending rates in near future (05 March 05:22) |
| Mumbai: Country's largest lender, State Bank of India, today said it was not looking at hiking lending rates at least till May-June given good liquidity and loan demand being still low. |
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India Inc salaries may rise 106 in 2010 Hewitt (05 March 06:11) |
| New Delhi: India Inc will see the highest rise in salaries among Asia-Pacific countries this year, led by sectors like engineering, procurement and construction, banking, finance and insuran... |
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PwC launches HR service Saratoga in India (05 March 05:31) |
| Mumbai: Global audit firm, PricewaterhouseCoopers, announced the launch of its human resources service 'Saratoga' in India along with India Human Capital Effectiveness survey (HCE), a top co... |
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Tata motors Nano vendors not giving up Singur land (05 March 03:16) |
| Kolkata: The land taken by Tata Motors at Singur for the erstwhile Nano car factory, and by the many companies who invested there to be vendors to the project, isn’t set to change hands an... |
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Survey projects 55 percent growth for Karnataka (04 March 04:14) |
| Bangalore: Global recession and slowdown in the Indian economy notwithstanding, the gross state domestic product (GSDP) of Karnataka is estimated to be 5.5 percent this fiscal (2009-10) as a... |
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India Inc is back in hiring mode Hewitt survey (04 March 04:05) |
| A majority of Indian companies, particularly those in infrastructure and energy sectors, are planning to hire in a big way this year, global HR services firm Hewitt Associates said. |
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Loans get costlier as banks hike rates end teasers (04 March 01:12) |
| Mumbai: Country's two leading private lenders ICICI Bank and HDFC Bank on Thursday raised lending rates for auto loans, in a clear signal that rates would harden in the coming days. |
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Security beefed up in Kolkatas IT hub (04 March 01:05) |
| Kolkata: Security has been beefed up at the IT township located on the eastern outskirts of Kolkata, following the abduction of a software engineer last week, police said Thursday. |
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