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Blair arrives in Silicon City
THE British Prime Minister, Mr Tony Blair, arrived here on Friday on a 36-hour stopover en route to Hyderabad and Delhi. Mr Blair, who is leading an 80-member team, which includes a strong posse of the British media, will inaugurate the `CII ...
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$10-m norm for FDI in realty
THE Government today announced a $10-million minimum capitalisation norm along with a three-year lock-in period for 100 per cent foreign direct investment (FDI) in the development of integrated townships, including housing complexes, commercial ...
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Quantitative cap goes on cotton yarn export
IN a major bid to boost exports of cotton yarn, the Government has dispensed with the procedure of fixing a quantitative ceiling on exports of cotton yarn from the country. It has also removed some of the procedural restrictions that were ...
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Converging on a new business vision
IT'S a New Year and a new beginning. A time for all industries to break out of fetters like `slowdown' and `terror' and get back to business. The CII Partnership Summit opening here on Saturday is all about injecting some `feel good' shot to ...
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UTI bets on FMCG
UNIT Trust of India's (UTI) MNC fund is backing stocks of consumer goods companies on expectation that they would do well in the near term. It is also betting on pharma and engineering multinationals doing well. Announcing that its MNC fund, ...
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DoT planning graded tax in lieu of revenue-share
IN what could be yet another significant change in the telecom policy, the Department of Telecommunications (DoT) is evaluating the feasibility of shifting over from a ``revenue-sharing'' licence fee regime to a ``graded service tax'' regime for ...
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Stars to drive auto fair and square
AUTO lovers waiting to have a dekho at some hot new wheels at Auto Expo 2000 scheduled to take off in the Capital come January 15, are likely to see more star models than new auto models this year. Top industry sources told Business ...
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