 | Global retail giant Wal-Mart and India's Bharti Enterprises are close to signing a deal in the cash-and-carry business, it was announced Friday.
"We are very close," Bharti's Sunil Mittal said after he and Wal-Mart Vice Chairman Mike Duke met... More |
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 | Concerns about inflation and pre-budget jitters saw Indian shares drop 2.77 percent Friday for the fourth straight day, giving the market a free fall in most counters riding on a selling pressure.
The benchmark 30-share index of the Bombay Stock... More |
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 | Leftist activists on Friday barged into a hotel in the Philippine capital where World Trade Organization (WTO) Director General Pascal Lamy expressed confidence that stalled trade talks would resume soon.
About 15 activists disrupted Lamy's... More |
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 | The Karnataka government late Friday cleared the proposal of Reliance Industries Ltd to set up 51 retail outlets and a gas distribution network in the state, with a combined investment of Rs.140 billion.
State industries minister K. Subrahmanya... More |
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 | With inflationary pressures mounting and prices of some essential commodities skyrocketing, Prime Minister Manmohan Singh has asked all state chief ministers to take suitable steps and come down heavily on hoarders.
His letter was dispatched... More |
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The Indian cabinet Thursday approved a $500-million investment proposal by Indonesia's Salim Group to set up infrastructure projects, including a special economic zone and industrial park, in communist-ruled West Bengal.
The Salim Group, a... More |
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 | A steel plant owned by Indian steel magnate Lakshmi Mittal's group has been ordered to be sold by US authorities to preserve competition in the eastern US tin mill market.
Once considered the world's largest steel maker, the 116-year-old... More |
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 | The cabinet Thursday gave its green signal for taking necessary monetary and non-monetary measures for reduction in the Central Sales Tax rate from existing four percent to three percent in its bid to phase out the CST regime.
It also gave its... More |
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 | WTO Director General Pascal Lamy warned Wednesday of "consequences" if nations failed to reach agreement on a new global trade pact.
Lamy made a one-day visit to Indonesia as part of a global tour to seek commitments from key nations to resume... More |
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 | The state-run Bharat Sanchar Nigam Limited (BSNL) has finally decided to stop telegram services in almost all centres across Himachal Pradesh, with the coming of newer communication technologies like emails, mobile phones and fax.
A recent letter... More |
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