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RILBPpactamajorstepforward
From: tubaah on Thu, Feb 24 2011 3:11 PM
Analysts say the $20 billion investment by BP in India through RIL is a big step in the exploration and production sector.
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IndiathirdlargestmktinAsiaforRollsRoyce
From: tubaah on Wed, Feb 23 2011 7:49 PM
In an exclusive interview with NDTV, Rolls-Royce Motor Cars chief executive officer Torsten Muller Otvos said the company has enjoyed a growth of 600 per cent in India last year and expects further growth this year. He said the company also has plans to expand its dealer network in the country a...
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BudgetLeatherindustryseekssops
From: tubaah on Wed, Feb 23 2011 7:36 PM
Leather goods industry, which is an employment intensive sector, has appealed to the finance minister for the extension of interest subvention scheme which was existing till March 31, for this financial year, as well. The Indian leather industry has showed resilience last year in weathering the ...
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Indiagrowthstoryandhowwecansustainit
From: tubaah on Wed, Feb 23 2011 7:35 PM
Gautam Chikarmane, executive editor – business at Hindustan Times, says a possible rate hike by the RBI is not going to have any impact on the India growth story. He says agriculture will be star of India’s growth in the coming fiscal. He sees corruption, bad governance are the biggest factors t...
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BudgetfundamentalswithShankarAcharya
From: tubaah on Tue, Feb 22 2011 1:37 PM
Dr Shankar Acharya, Professor at ICRIER says the government should aim to curtail fiscal deficit to bring down inflation. It also needs to push reforms on GST, FDI and labour laws for growth, he adds.
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Budgettofocusonruralspending
From: tubaah on Tue, Feb 22 2011 1:09 PM
Indian Overseas Bank CMD M Narendra expects the Budget to focus on rural spending in terms of education, NREGA and various social safety nets. There’ll be also some provisions in the infrastructure space, he says.
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AllabouttheRILBPdeal
From: tubaah on Tue, Feb 22 2011 12:58 PM
Watch Mukesh Ambani and Robert Dudley announcing the $7.2 billion deal and analysts’ take on what is being dubbed as the single biggest FDI in the country.
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Rs40000crorepenaltyforPunebillionaireHasanAli
From: tubaah on Sat, Feb 19 2011 1:06 AM
Pune-based horse-breeder Hasan Ali, accused of one of the biggest tax evasion scams in the country, has appeared before the Income Tax department in Mumbai. Hassan Ali - the man accused of multi-crore tax evasion and money laundering – may end up having to cough up an incredible penalty of Rs 40...
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CBIwidensnetoncorporates
From: tubaah on Thu, Feb 17 2011 9:09 PM
The high and mighty from India’s corporate world are all turning up at the Central Bureau of Investigation’s (CBI) door. On Wednesday it was Anil Ambani, on Thursday it was the turn of Prashant Ruia, Group CEO of Essar to turn up at CBI headquarters. Both corporate honchos are currently under in...
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Bartronicsnetzooms112
From: tubaah on Wed, Feb 16 2011 8:11 PM
Bartronics India MD Sudhir Rao takes NDTV Profit through the balance sheet of the company’s quarterly result. The company has recorded a 112 per cent jump in net profit during the last quarter.
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TataSteelQ3netupovertwofold
From: tubaah on Tue, Feb 15 2011 8:06 PM
Tata Steel has reported an over two-fold jump in its consolidated net profit to Rs 1,003.02 crore for the third quarter ended December 31, 2010. Its sales during the third quarter were 28,600 crore against 26,068 crore during the third quarter. It is seeing demand picking up in Europe by 3-5 per...
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OmkarSpecialityonheavystockselloff
From: tubaah on Mon, Feb 14 2011 7:45 PM
Omkar Speciality Chemicals CMD Pravin Herlekar talks on the heavy selling of stocks of the company within days of listing. He says there’s no clear indicator as to why there's been this sell-off though the financials of the company are well in place.
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Expertsreactiontohighinflationarypressure
From: tubaah on Mon, Feb 14 2011 7:45 PM
Economists Saugata Bhattacharya and Surjit Bhalla talk on the inflation numbers for January. While Bhattacharya expects inflation in February to be around 8.3-8.5 per cent, Bhalla says food inflation likely to edge lower going forward.
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WhatdofarmersexpectfromPranabbabu
From: tubaah on Sat, Feb 12 2011 12:15 PM
Farmers believe they can help assist the minister in achieving more than 4 % GDP in agriculture but that would require concessions. They insist on mechanisation of Indian agriculture whereby, there will be no taxes on agriculture equipments. Also, subsidies must be given directly to individual f...
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TaxprovisionskeepnetflatTilaknagarInds
From: tubaah on Sat, Feb 12 2011 12:14 PM
Tilaknagar Industries CFO Lalit Sethi says profit of the company remained flat because of tax provisioning, which stands at around Rs 10 crore for the full fiscal. Profit before tax for the company rose by 27 per cent in the third quarter, he adds.
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IOCwantsmorecompensationfromgovt
From: tubaah on Sat, Feb 12 2011 12:14 PM
Indian Oil chairman & director (finance) SV Narasimhan hopes to get additional compensation from the government as under-recovery in the last quarter. On fund raising, he says the company has raised $500 million syndicated loans in December.
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RaghuramRajanonUSconsumptiongrowth
From: tubaah on Sat, Feb 12 2011 12:14 PM
Raghuram Rajan, professor of finance at Boot School of Business, says the problem arises from too much dependence of other economies on US consumption. Consumption growth is the central force propelling the US to go back to status quo and it is a bad news in the longer term, he adds.
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TCAAnantonDecemberindustrialgrowth
From: tubaah on Sat, Feb 12 2011 12:14 PM
Chief statistician of India TCA Anant shares his thought on industrial growth with NDTV Profit. He says the numbers look discouraging because of base effect as the growth was very sharp last fiscal. On a month-on-month basis, the numbers are almost in line, he adds.
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WhyteMackayguidanceoncourseUSL
From: tubaah on Sat, Feb 12 2011 12:14 PM
United Spirits managing director Vijay K Rekhi says the company is on course to see an upside on the Whyte&Mackay guidance. The company is holding the liquid as there’s been a tremendous upside in the value of liquid in the bottle.
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ShahzaadDalalofILFSquitsDBRealtyboard
From: tubaah on Sat, Feb 12 2011 12:13 PM
Two days after Dynamix Balwas (DB) group Managing Director Shahid Usman Balwa got arrested by the CBI in connection with the 2G spectrum scam, one of the independent board members, Shahzaad Dalal announced his resignation from the board of DB Realty. DB realty underplayed the exit saying IL&FS w...
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