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Sensex down 96 points; gold zooms to new high
TENSIONS across India's border with Pakistan continued to drive stock values down on panic selling, pushing the benchmark indices down for the sixth session in a row. BSE Sensex fell to a six-month low of 3186.53 points, the previous low being ...
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Shyam Tele among 39 FDI cases cleared
SHYAM Telecom Ltd's proposal to induct Mauritius-based India Communications Global Partners as 10 per cent equityholder in the company involving a foreign direct investment (FDI) worth Rs 73.50 crore including premium was among the 39 FDI ...
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Security clearances hold up Bharti's ILD
ALTHOUGH Bharti Telesonic Ltd (BTSOL), the long-distance arm of the Bharti group, has finally signed an interconnect agreement with Bharat Sanchar Nigam Ltd (BSNL) for its international operations, it is still not ready to offer its services to ...
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MNC investment plans `drugged' in patents
MULTINATIONAL pharma companies have, in the past, insisted on a strong patent regime as a precursor to increasing investments in India. Have these companies set back their investment clocks by a couple of years, given the present avatar of ...
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Nocil shuts Thane petrochem unit
HAVING failed in its hunt for a partner to finance its modernisation plans, National Organic Chemical Industries Ltd (Nocil) has finally decided to close down its petrochemical unit at Thane. The petrochemical division employs around 1,275 ...
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Musical chair in Economic Ministries
THE fulcrum of the country's economic ministries, the Finance Ministry, is in for a root-and-branch restructuring very shortly with the imminent exit of the Secretary, Economic Affairs, Mr C.M. Vasudev, to a World Bank assignment. Government ...
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