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Clear LPG waitlist: Deora (20 August 12:11) |
| BY OUR CORRESPONDENT
New Delhi
Aug. 19: The petroleum minister, Mr Murli Deora, on Tuesday asked the PSU oil marketing companies to ensure that consumers get new LPG connections within 60 ... |
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Diesel to get costly for biz (20 August 12:11) |
| By Nidhi Verma
NEW DELHI
Aug. 19: The government may charge higher diesel prices for industrial users and allow Reliance Industries to sell gas oil from its export-focused refinery to loca... |
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COAI to take Trai to TDSAT (20 August 12:10) |
| BY OUR CORRESPONDENT
New Delhi
Aug. 19: GSM body COAI is planning to move TDSAT against Trai directive asking its members to provide interconnection to Anil Ambani led Reliance Communicati... |
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Ruia to expand to NE (20 August 12:10) |
| BY OUR CORRESPONDENT
Kolkata
Aug. 19: City-based Ruia Group, which holds majority stake in the Dunlop India Limited (DIL), is planning to set up a tyre manufacturing facility at Guwahati.
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ADAG enters DTH, targets 1cr viewers (20 August 12:10) |
| BY OUR CORRESPONDENT
Mumbai
Aug. 19: Eyeing a huge market of television households Reliance Big TV, a subsidiary of the Anil Ambani owned Reliance Communication entered the Direct to Home ... |
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Higher fund costs to hit Chinese banks hard (20 August 12:09) |
| By Kennix Chim and Tony Munroe
HONG KONG
Aug. 19: China’s huge state banks are poised to report strong profit growth for the first half in 2008, thanks to wider margins and strong fee in... |
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Sensex down 102pt (20 August 12:08) |
| By Our Special Correspondent
Mumbai
Aug. 19: The Sensex was down for the fifth trading day and though it lost over 250 points intra-day it recovered much of the losses through short coveri... |
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Adhunik to set up iron ore unit (20 August 12:08) |
| BY OUR CORRESPONDENT
Mumbai
Aug. 19: Leading alloy steel producer Adhunik Metaliks Ltd is planning to raise Rs 250 to 300 crores through an initial public offering (IPO) of its 100 per cen... |
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Rate hike hits 2-wheeler biz (20 August 12:08) |
| New Delhi, Aug. 19: High interest rates and tight financing in India are hurting demand for motorcycles and the industry’s growth would slow to single-digits in 2008-09, a senior official ... |
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WGC in deal with Joyalukkas (20 August 12:07) |
| By OUR CORRESPONDENT
Chennai
Aug. 19: Gold retailer Joyalukkas is all set to further expand its business by opening six new showrooms in the southern region and setting up two diamond jewe... |
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Malaysia to decide on N-energy (20 August 12:07) |
| Kuala Lumpur: Malays-ia's cabinet will deliberate next month on whether to adopt nuclear energy to combat high global oil prices, a minister said on Tuesday. Last month, state utility Tenaga... |
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Unaccountable BSE (20 August 12:06) |
| Olga Tellis
The listing of the BSE Ltd is taking so many twists and turns that it is not funny. The shareholders have been left in the lurch with their shares for nearly two years. The BSE ... |
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Gold falls on weak cues (20 August 12:06) |
| New Delhi, Aug 19: Gold prices on Tuesday lost Rs 20 at Rs 11,560 per 10 gram in the bullion market here on selling by stockists amidst weak global trends.
Selling pressure picked up after ... |
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Oil slides close to $110/bbl (20 August 12:06) |
| London: World oil prices dropped near $110 on Tuesday as traders expressed relief after tropical storm Fay avoided oil and gas production facilities in the Gulf of Mexico.
The market was al... |
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Trai backs STD on Internet (19 August 12:12) |
| BY OUR CORRESPONDENT
New Delhi
Aug. 18: Soon consumers in India will be able to make cheap STD and local calls through Internet, as the Trai on Monday recommended removal of restrictions o... |
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Tatas seek nod for rights plan (19 August 12:12) |
| New Delhi, Aug. 18: Tata group firm Tata Investment Corporation has sought Foreign Investment Promotion Board approval for a proposed rights issue of Rs 448 crore.
The company is seeking to... |
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US bank bets on India (19 August 12:12) |
| By Our Correspondent
Bengaluru
Aug. 18: The Export-Import Bank of the United States, the US government’s official export credit agency, says its India portfolio may exceed $5 billion in ... |
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VW plans to launch Beetle in India in 2009 (19 August 12:11) |
| New Delhi, Aug. 18: Come 2009, Indians will have the chance to own the original "people's car" - the Beetle - as German carmaker Volkswagen has shaped up plans for its introduction... |
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M&M emerges No 1 tractor co (19 August 12:09) |
| By Our Correspondent
Mumbai
Aug. 18: Mahindra tractors, one of the world’s top tractor brands and the market leader in India, on Monday signed an agreement with Jiangsu Yueda Yancheng Tr... |
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Industry group says UK facing recession (19 August 12:09) |
| By EMILY FLYNN VENCAT
LONDON
Aug. 18: A recession is likely to descend on Britain within the next six to nine months, the British Chambers of Commerce warned on Monday.
The national group... |
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ICICI plans PE for SMEs (19 August 12:09) |
| Kolkata, Aug 18: ICICI Bank on Monday said it is planning a dedicated SME private equity fund of about $200 million in the next few months.
This would be the first private equity fund by th... |
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China worries BHEL (19 August 12:08) |
| New Delhi, Aug. 18: Competition from homegrown private sector companies isn’t all that bad, but losing orders to Chinese firms is what makes state-run power equipment supplier BHEL feel mi... |
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Centre may dump Chaturvedi report (19 August 12:06) |
| New Delhi, Aug. 18: With inflation peaking to a 13-year high of 12.44 per cent in an election year, the government looks set to dump the B.K. Chaturvedi Committee’s recommendations of a mo... |
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ITC to acquire US firm (19 August 12:06) |
| Bengaluru, Aug. 18: The information technology arm of ITC Ltd, India’s top cigarette firm, will announce the acquisition of a US-based technology firm around noon on Tuesday, a public rela... |
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A long year of lessons for Federal Reserve (19 August 12:06) |
| By Emily Kaiser
Washington
Aug. 18: When US Federal Reserve officials gathered for their annual conference in Jackson Hole, Wyoming, in August last year, Bear Stearns shares were trading a... |
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MUFG eyes more stake in US bank (19 August 12:05) |
| Tokyo: Mitsubishi UFJ Financial Group Inc. and UnionBanCal Corp. agreed on a tender offer at a raised price of $73.50 a share in a deal worth $3.5 billion, the Japanese bank said on Monday. ... |
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Crude up on storm fears (19 August 12:01) |
| London, Aug. 18: World oil prices rose on Monday as traders fretted about the potential impact of tropical storm Fay on energy facilities in the Gulf of Mexico.
New York’s main contract, ... |
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Gold surges by Rs 280 (19 August 12:01) |
| New Delhi, Aug. 18: Riding on the back of strong global cues, gold prices on Monday surged by Rs 280 to Rs 11,580 per 10 gram in the bullion market here, partly recovering from the hefty fal... |
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Rupee plunges to 17-month low (19 August 12:01) |
| By Saikat Chatterjee
MUMBAI
Aug. 18: The rupee fell to its lowest in 17 months on Monday, hit by a weak stock market and some lumpy orders in a holiday-thinned market that was also factori... |
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Insurers bet on students (18 August 12:21) |
| BY OUR CORRESPONDENT
Mumbai
Aug. 17: Cheaper manpower has helped Indian general insurance companies make rapid strides in the students medical insurance segment.
It helped the industry po... |
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Telcos to fight out in metros (18 August 12:21) |
| BY PAWAN BALI
New Delhi
Aug. 17: Pitched battle will be fought for the 3G spectrum in metros due to the spectrum crunch and presence of high-valued customers, say analysts.
"Due to s... |
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India emerged as a big brother in WTO: Lamy (18 August 12:20) |
| New Delhi, Aug. 17: India, China and Brazil have come a long way in global trade negotiations emerging as "big brothers", WTO chief, Mr Pascal Lamy, has said.
Mr Lamy, who was her... |
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Cheap crude may boost Sensex (18 August 12:19) |
| C. Kutumba Rao
Markets were in corrective mode and the Sensex and the Nifty declined 444 points and 99 points to end at 14,725 and 4,431 during the week ended.
Disappointment over indecisi... |
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Bank stir on 2 days this week (18 August 12:18) |
| New Delhi, Aug. 17: Normal banking services in public sector banks may get affected on August 18 and 20 as employee unions have threatened a strike on these two days to protest merger of Sta... |
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Gold may weaken further (18 August 12:18) |
| Mumbai, Aug. 17: In line with the sharp fall in price in global markets, gold price in India is expected to fall below the Rs 11,000 mark per 10 grams by September, a top industry official s... |
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India’s economic miracle story losing plot (18 August 12:18) |
| By Penny MacRae
NEW DELHI
Aug. 17: Until a few months ago, the most popular buzz phrase for India was "economic miracle", with the nation appearing impervious to the financial tu... |
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Inflation peps up value retail (18 August 12:16) |
| By CHIRANTAN SHAH
Chennai
Aug. 17: Even while the rest of the industry is reeling under the pressure of the rocketing inflation that reached a new 13-year high of 12.44 per cent on Friday,... |
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India Inc bullish on jobs (18 August 12:15) |
| New Delhi, Aug. 17: Country’s privately held businesses are still bullish about their hiring plans as around 74 per cent expect a growth in employment rate this year, even as the global re... |
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Kingfisher may fly abroad on Sept. 3 (18 August 12:15) |
| Mumbai, Aug. 17: Vijay Mallya-spearheaded Kingfisher Airlines plans to launch its first international flight on September 3 with a direct Bangalore-London flight.
"The countdown has be... |
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‘Rules not to be made tougher’ (18 August 12:12) |
| New Delhi, Aug 17: Sustained credit crisis may have pushed banks in developed economies like US to tighten their lending norms, but the lenders in the country, including market leaders like ... |
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Slower economy saps climate action plan (18 August 12:09) |
| By Alister Doyle
OSLO
Aug. 17: An economic slowdown is sapping enthusiasm for a costly drive to fight climate change but persistently high oil prices are a lifeline for a "green revol... |
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Airports in India will be global hubs (18 August 12:09) |
| James Hogan, CEO, Etihad Airways
Abu Dhabi-based Etihad Airways created a stir in the industry when it struck the biggest deal in aviation history by placing orders worth more than $20 bill... |
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No respite till ’09 for housing (18 August 12:09) |
| By Claire Gallen
WASHINGTON
Aug. 17: As the US economy appears more than ever linked to the health of the housing market, analysts see no end to falling prices or recovery in the sector be... |
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In banks, big may not be better (18 August 12:08) |
| By JOE BEL BRUNO
NEW YORK
Aug. 17: America’s biggest banks have suffered unprecedented losses from the ongoing credit crisis, and that’s made some investors question whether the big fi... |
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Luxury beats inflation blues (16 August 12:43) |
| BY OUR CORRESPONDENT
Mumbai
Aug. 15: Inflationary pressures and high interest regime have not affected the luxury niche segment yet. On the contrary due to the stressful lifestyle, custome... |
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India set for a slowdown (16 August 12:42) |
| By Our Special Correspondent
Mumbai
Aug. 15: The forecasts for corporate performances are in the current financial year not as rosy as was expected a year ago.
Dun and Bradstreet India ch... |
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RPower may get access to Sasan’s coal surplus (16 August 12:41) |
| New Delhi, Aug. 15: The government may consider allowing Anil Ambani group’s Reliance Power use surplus coal from captive mines attached to its Sasan Ultra Mega Power Project for another p... |
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SBI, SG deal put on hold (16 August 12:37) |
| New Delhi, Aug. 15: The government has put on hold French banking major Societe Generale’s (SocGen) proposed joint venture with State Bank of India for operating custodial and depository s... |
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Spam mail from news sites spread malware (16 August 12:37) |
| BY PAWAN BALI
New Delhi
Aug. 15: Beware of emails pegged as being sent from international news portals such as MSNBC and CNN. India’s Computer Emergen-cy Response Team (CERT-In) has warn... |
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Russell to pump in more funds (16 August 12:33) |
| US-based Russell Investments plans to pump-in more funds in the Asian property markets and a large share of these will be targeted at India and China, a top official said.
Russell would sig... |
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