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ActisbetsbigonIndiaspowersector
From: tubaah on Fri, Jan 28 2011 2:06 PM
Paul Fletcher, senior partner at Actis LLP, says he is confident about the Indian market and would invest in the country in a major way in 2011. On Actis' investment in GVK Energy Ltd, he said in the coming period India’s power sector would need huge amount of capital and resources and the ...
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MarketfallduetosellingbyFIIs
From: tubaah on Fri, Jan 28 2011 2:06 PM
Centrum Broking director Alok Nanavaty says that the markets have tanked because of large basket selling by FIIs.
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MicrofinancesectorinIndiamustbesavedRaghuramRajan
From: tubaah on Thu, Jan 27 2011 1:38 PM
In conversation with NDTV’s Namrata Brar, Raghuram Rajan, a professor at University of Chicago and a former chief economist at the IMF, says the microfinance sector in India must be saved. “Regulation is fine but profitability of the sector cannot be destroyed,” he adds. Rajan also talks about t...
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HerooftheHudson
From: tubaah on Thu, Jan 27 2011 1:37 PM
He saved the lives of 155 passengers when he landed his US Airways plane safely in the River Hudson after both his engines stopped working. Chesley Sullenberger III is now at Davos, giving business leaders tips.
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OpenuptheeconomytosolveblackmoneyissueAdiGodrej
From: tubaah on Wed, Jan 26 2011 12:32 PM
Talking to NDTV at WEF in Davos, Adi Godrej, CMD of Godrej Industries, said it is important for a country to have a treaty to bring back black money stashed in Swiss banks. He says to solve this issue it is important to run the economy in such a way that black money does not takes place. He says...
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RahulBajajonblackmoneystashedabroad
From: tubaah on Wed, Jan 26 2011 12:32 PM
Bajaj Group Chief Rahul Bajaj, says the issue of black money is a factual thing and the public would like to know the details about the black money stashed away abroad. The government should prosecute them, he adds.
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HigherinputcostsdragHULQ3netdown
From: tubaah on Wed, Jan 26 2011 12:32 PM
Rising input costs and higher advertising spends have clearly dented HUL’s operating margins as the net profit of HUL was down by 1.8 per cent to Rs. 637.5 crore as compared to Rs. 649.1 crore in the corresponding quarter last year. Though the net sales grew by 11.6 per cent on the back of new pr...
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DontneedinspectorclouseautobringbackblackmoneyAnandMahindra
From: tubaah on Wed, Jan 26 2011 12:32 PM
As the government unveiled a five-point plan to retrieve black money stashed away in foreign banks, Anand Mahindra, the Vice-Chairman & MD of Mahindra & Mahindra, tells NDTV’s Shweta Rajpal Kohli at the Davos World Economic Forum that India does not need an Inspector Clouseau to bring back all t...
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Aimingat30Ebitdamarginin12monthsDishTV
From: tubaah on Mon, Jan 24 2011 12:19 PM
Dish TV India MD Jawahar Goel says the company is aiming at a 30 per cent Ebitda margin within a year. The Ebitda margin of the company stood at 17.9 per cent for December quarter.
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Whatneedstobedonetobringblackmoneyback
From: tubaah on Sat, Jan 22 2011 12:04 PM
The Indian government is clearly under pressure to bring back, black money stashed abroad and with the Supreme Court getting into action, the government has little option but to act fast. The action could on two fronts: first to rework double tax avoidance agreements and secondly forcing foreign...
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IndiaIncsreactsofblackmoneytrail
From: tubaah on Fri, Jan 21 2011 12:00 PM
The issue of black money stashed abroad is turning into another hot potato for a government that’s already grappling several cases of alleged corruption. According to Kiran Mazumdar Shaw, CMD of Biocon, “This is a very serious issue. I don’t think it is just black money, we have to clean up all ...
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SupremeCourtrapsgovtonblackmoney
From: tubaah on Thu, Jan 20 2011 11:54 AM
The Supreme Court has come down heavily on the government over the issue of black money stashed by Indians overseas. The government was pulled up for its reluctance to disclose names of Indians who hold accounts in foreign banks. "It is a pure and simple theft of the national money. We are talkin...
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HCLQ2numbersbeatestimates
From: tubaah on Thu, Jan 20 2011 11:54 AM
HCL vice-chairman & CEO Vineet Nayar and CFO Anil Chanana talk at length on the company’s second quarter results. They also emphasise on entering into new geographies.
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BollywoodtoruleatMumbaiMarathon
From: tubaah on Sat, Jan 15 2011 11:48 AM
With 38,400 runners and price money of Rs 1.5 crore, the Mumbai Marathon is only getting bigger. In its eighth year the Mumbai Marathon has raised more than Rs 42 crores over the last 7 years, making it the biggest marathon in Asia. And this year the organisers are expecting to rake in more than...
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Executiondelaysplaguingshipbuildingindustry
From: tubaah on Wed, Jan 12 2011 11:46 AM
The Indian shipbuilding industry has being struggling to stay afloat. While the global downturn in shipping was a major deterrent, the domestic yards have also faltered on their time commitments.
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MotilalOswalonmarketoutlook
From: tubaah on Wed, Jan 12 2011 11:44 AM
Raamdeo Agrawal Joint Managing Director of Motilal Oswal Financial Services says that the Indian markets are getting de-rated because of issues like inflation. He sees Sensex earnings to be in the range of 20-21 per cent for 2011.
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AutodemandunlikelytoslowdownMothersonSumi
From: tubaah on Wed, Jan 12 2011 11:44 AM
Motherson Sumi Systems Ltd COO Pankaj Mital sees no sign of demand slowing down in the short term. He says the rising input cost continues to remain a concern.
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KotakSecuritiesMarketcall
From: tubaah on Wed, Jan 12 2011 11:44 AM
Kotak Securities technical analyst Shrikant Chouhan says the market, in the broader pattern, is heading towards 5,550 in next two to three weeks. The market may see a bounce back in next few days though, he adds.
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AfterSibalattackCAGstandsby2Gscamreport
From: tubaah on Tue, Jan 11 2011 11:44 AM
Amidst controversy over its figures of revenue loss on account of allocation of 2G spectrum, government auditor CAG today said it stood by the report submitted to Parliament late last year. "CAG stands by its report on 2G spectrum hundred per cent", the CAG spokesperson said.
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SoaringfoodinflationFMrunningoutofanswers
From: tubaah on Tue, Jan 11 2011 11:43 AM
Food prices in the second most populous country are soaring to new heights posting threat to govenrment’s projection, of single digit inflation, by the end of the fiscal. But it seems, finance minister Pranab Mukherjee, has little patience, to attend to this all important question. Infact, Prana...
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