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FDI in retail sector may take more time — `Concerns of Left parties to be addressed first'
THE proposed opening up of the retail trade sector to foreign direct investment (FDI) is likely to be delayed till at least early next year. Senior Ministers in the Manmohan Singh Government told Business Line that the concerns of the ...
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US Senate clears proposal to hike H-1B visa limit
"The US Senate approved a provision in the budget bill that aims to "recapture" employment-based immigrant visas that were legally available but unused in previous years, adding some 90,000 visas overall. "
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Rupee touches year's low against $
THE rupee dropped to a year's low against the dollar on the back of strong demand for the US currency from importers. The appreciation of the dollar against other major currencies also aided the fall. The domestic unit slid by about 20 paise ...
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Cos with Indian accounting norms can list on LSE
INDIAN companies can now get listed on London Stock Exchange (LSE) by reporting their financial results based on Indian accounting standards. Until now, these companies had to report their financial data in accordance with the International ...
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Stake in SPIC Petro: ONGC to float tenders for merchant bankers to conduct due diligence
OIL and Natural Gas Corporation (ONGC) is set to float short tenders inviting domestic merchant bankers for conducting a due diligence to acquire stake in the petrochemicals business of SPIC (Southern Petrochemical Industries Corporation Ltd). ...
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Surge in viewer interest in Sri Lankan series
"The viewership numbers show that the interest in cricket during the ongoing India-Sri Lanka series is on the rise. These are a shade lower than those recorded during the India-Pakistan series played earlier this year."
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Corporates raise $6.6 b overseas in first half
INDIAN companies raised $6.6 billion overseas in the first half of this fiscal, according to data provided by the Reserve Bank of India. This was almost the same amount that was raised by companies in the corresponding period last year. ...
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Design outsourcing boosts software sales
OUTSOURCING of design to India by car manufacturers has boosted sales of related design engineering software. "The influx of design outsourcing into India is helping," agreed Mr Narendra Reddy, Managing Director, India Operations, UGS, an ...
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`ILM, the new wave in the making'
STOCK exchanges, regulatory agencies such as the Securities and Exchange Board of India, and companies listed on the New York Stock Exchange, and those going global need a new approach to data management, referred to as Information Lifecycle ...
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Device to alert napping drivers
A BATTERY operated automobile safety device - No Nap - which fits on the ear a la bluetooth alerts drivers who are on the verge of nodding off behind the steering wheel. The device, developed by a Pune-based engineer, which was ...
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