 | Authorities in Pakistan's rural Punjab are wary and investors are getting worried about a man who doubles the money given to him within 70 days.
How Sibtul Hasan Shah, now popular as "Pir Double Shah", can double whatever sum is invested with... More |
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 | Swedish aviation major Saab is "confident" of its Gripen fighter winning an Indian Air Force (IAF) order for 126 multi-role combat aircraft (MRCA), claiming its product has an "overwhelming" advantage over the competition.
However,... More |
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 | The government is set to unveil an initial public issue by the state-run Oil India Ltd (OIL) to raise an estimated Rs.12 billion ($265 million), riding on some successful issues by energy firms in recent months.
"We propose to offer fresh equity... More |
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 | Previously best known in the tourism industry for its sleazy nightlife, the Thai beach resort of Pattaya is enjoying Southeast Asia's first second-homes property boom, and the buyers are primarily wealthy Europeans and Americans.
Last year, the... More |
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 | Former chief minister Ajit Jogi's decision to purchase power from Jindal Steel and Power Ltd (JSPL) caused major losses to Chhattisgarh while benefiting the company by billions, a top state finance official has alleged.
"The former chief... More |
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 | The finance ministry has approved a key amendment in the Income Tax Act that will allow the state-run carriers Air India and Indian Airlines to carry forward unabsorbed depreciation once they are merged.
"Based on a cabinet note received from... More |
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 | The Indian government, battling a galloping inflation, Thursday said it was cutting the prices of petrol and diesel by Rs.2 and Re.1 a litre respectively, aided by the decline in international crude oil prices.
The move followed some high-level... More |
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 | The Indian mobile telephone user stands to benefit after leading operators - Airtel, Hutch-Essar, Reliance Communications and state-run Mahanagar Telephone Nigam Ltd (MTNL) - Thursday announced slashing of their national roaming tariffs.
The... More |
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 | Three of India's leading state-run banks - Bank of Boroda (BoB), Bank of India (BoI) and the Punjab National Bank (PNB) - Thursday hiked their interest rates across the board.
PNB, BoB and BoI have all raised their benchmark prime lending rates... More |
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 | Days after Vodafone CEO Arun Sarin clinching the deal to buy a 67-percent majority stake in Hutch-Essar, the Ruias of the Essar group Thursday indicated their willingness to stay invested in India's fourth largest mobile telecom venture.
"We... More |
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