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Sensex up 83 points as war fears recede
THE easing of border tensions has brought back the much-needed positive sentiment to the stock markets, leading to an across-the-board buying today. War fears had pulled down many stocks and with FIIs turning sellers the market had remained ...
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Banks allowed to finance Rs 10-cr plus film projects
THE Reserve Bank of India has allowed banks to finance film projects costing over Rs 10 crore. This follows the RBI's withdrawal of the earlier stipulation that banks should not finance projects where the total cost of film production exceeds ...
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Cellulars poaching on FMCG personnel
CELLULAR service companies are raiding FMCG companies for key personnel for their marketing departments. "Studies indicate that it is the pre-paid cellular services market which will fetch volumes for the industry. Pre-paid cards are typically ...
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IISCO recast okayed
THE Cabinet Committee on Economic Affairs (CCEA) today approved a financial restructuring plan for Indian Iron & Steel Company (IISCO), a subsidiary of Steel Authority of India Ltd (SAIL). According to the plan, the Government will stand ...
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WLL tariff revision to take more time
THE Telecom Regulatory Authority of India (TRAI) has been caught in a bind regarding revision of tariffs for wireless in local loop (WLL) limited mobility services. According to industry sources, the authority which was expected to come out ...
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