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MTNL to invest Rs 300 cr in ITI -- Deal may prove a win-win for both
MAHANAGAR Telephone Nigam Ltd proposes to invest Rs 300 crore in the cumulative preference share capital of the State-owned telecom equipment manufacturing company, ITI Ltd. According to official sources, the preference shares will be ...
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Few cos yet to fall in line with `interim' fiat
DSE officials said that there was little that could be done because going by the letter of the law, these companies could pay a fine of Rs 1,000 each and escape.
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Indian Bank recap may come with riders
THE Government has decided to extract its pound of flesh from Indian Bank against the promised Rs 1,300-crore recapitalisation support that it has committed to the bank. This time around, the Centre is considering laying down tougher ...
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Majors see cheer in country liquor
LIQUOR majors are turning to the ``country'' side to bring more cheer to their topline. In a bid to branch out to newer avenues and boost sales, liquor companies are focussing on a segment that has remained untapped for quite sometime; the ...
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All the way to the boundary
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