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India Inc profit growth stays buoyant in Q2 — Margins decline, tax incidence rises
PROFIT growth of non-oil, non-banking listed Indian firms has stayed robust in the quarter ended September 2005. Aggregate profits of 2,150 non-oil, non-banking firms have risen 26 per cent over the corresponding quarter of the previous year. ...
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No unions please, say employees of top BPOs
THE BPO industry might be the eye of a storm on labour issues, with some Left parties resolving to educate workers about the benefits of organising themselves into unions, but a section of employees across established companies say they have ...
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PSBs divided over consolidation move
THE Government's repeated assertion of merging public sector banks has sparked off a cat-and-mouse game among the banks. Senior Finance Ministry officials said that the merger talks have led to a clear divide among the PSU banks with the ...
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Festive season boosts sales of white goods, CTVs
THE festive season has given the domestic consumer durables industry reasons to rejoice. According to initial estimates coming in, most segments of the industry have grown by upwards of 25 per cent in the period, with October driving the bulk of ...
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Sector funds with broader themes provide substantial diversification
TILL some years ago, you could not have chosen a fund that allocates primarily to banking stocks, or one that has an overwhelming part of its portfolio invested in oil companies. Today, these are a reality, and what is more, the number of such ...
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Benchmarks may remain firm
Continuation of a relative strength in greenback against rupee appears to have enthused the market to place additional premium to exporting sectors, particularly IT.
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Broadband base swelling; after-sales services lagging
MARKETING for the broadband service has gone into overdrive, and new connections are being taken up everyday. Though people marvel at the speeds their connections are achieving, and at how economical the deals turns out, others are seething at ...
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Huge fund flow in commodity futures dangerous
Given the fragmented and fragile nature of Indian agriculture, allowing FIs, FIIs and MFs as well as commercial banks can potentially distort the market.
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Turbulence shifts to south TN; but drenches Chennai
THE moisture-soaked zone of monsoon turbulence over the peninsula may have shifted south from the Chennai latitude but that has not prevented the `low' in the southwest Bay from driving its drencher bands hard into the Tamil Nadu Capital and even ...
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