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DoT, FIs may oppose Batata-BPL merger
THE country's largest telecom merger between Batata and BPL for cellular services valued around $2 billion is heading for trouble, with the Department of Telecommunications and financial institutions likely to oppose the move. According to ...
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Cut in savings bank rates expected
TOP officials of the banking industry have said that they expect a cut in the interest rate on savings bank deposits - the only administered rate today. Their logic is this: today for almost all the banks, profitability is under a tremendous ...
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India Inc: Weak sales, anaemic net?
EARLY trends indicate that Corporate India continues to struggle in posting acceptable rates of growth in sales and profits. An analysis of a sample of a little over 200 companies which have declared their results for the quarter ended March ...
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Naik wants excise trigger for crude over $20/barrel
THE Petroleum Minister, Mr Ram Naik, has written to the Finance Minister, Mr Yashwant Sinha, to consider a four to five per cent reduction in excise duty on petrol and diesel for every dollar rise in crude price over the $20 per barrel mark, ...
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`Best practices' for family businesses
THE flavour of the season seems to be family businesses and quite rightly so, for it is this section that faces more challenges than ever in an era of globalisation. While McKinsey, in its latest study pertaining to family businesses, reports top ...
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