NDTV
Apple chief makes case against Adobe Flash software
NDTV
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Apple CEO Steve Jobs took his case against Flash software public, arguing that Adobe product is a flop on touchscreen iPad and iPhone."Flash was created during the PC (personal computer) era for PCs and mice," Jobs said in a long message posted at the Cupertino, California-based firm's website.<br>
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Sensex ends higher, rises for third month
NDTV
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The Bombay Stock Exchange benchmark Sensex on Friday advanced further by over 55 points, completing its third monthly gains on sustained buying by funds.<br>The Sensex, which had gained 123 points in the previous session, rose further by 55.24 to 17,558.71.
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Housing prices to go up by 2.5%
NDTV
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Real estate industry hailed the concession announced by the government on service tax but said housing cost will still go up by about 2.5 pc.However, the developers were disappointed that their demand to exclude land cost while calculating the service tax was not met.
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Ceat Ltd Q4 net dips 66 pc
NDTV
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Tyre major Ceat Ltd today said its net profit declined by 66 per cent to Rs 15.33 crore for the quarter ended March 31, 2010. Total income rose to Rs 780.73 crore for the quarter ended March 31, from Rs 588.79 crore in the same period last year.
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HCL Infosystems Q3 net up 3 pc
NDTV
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HCL Infosystems today said its consolidated net profit rose by 3.44 per cent to Rs 60 crore for the quarter ended March 31. Net sales of the company declined to Rs 2,814.50 crore for the third quarter ended March 31, from Rs 2,990.63 crore in the same period last year.
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Yamaha aims double digit market share in current fiscal
NDTV
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"Including all our two wheelers, we are having a market share of six per cent (across the country) now. This year we are aiming to reach at least 10 per cent," India Yamaha Motor Zonal Business Head (South) Roy Kurian said.
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CNN Money
Wall Street faces an economy at a 'crossroads'
CNN Money
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Stocks started September with a bang as investors cheered a rare dose of good economic news but investors may need to buckle in for the coming week: It's a holiday-shortened week with little on the docket to set the tone.
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81% rate U.S. economy as 'poor' - CNN poll
CNN Money
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A new national poll released Sunday indicates that eight in 10 Americans say that the economy is in poor shape, and the number that say conditions are very poor is on the upswing after steady declines through the spring.
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Obama's economy boost - just don't call it stimulus
CNN Money
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President Obama is pledging to propose a new package of job-boosting ideas next week -- just don't call it stimulus.
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Dollar slips on return to risk
CNN Money
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As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
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Where the jobs are now, and where they'll be next
CNN Money
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U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.
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What went wrong at Burger King
CNN Money
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It's not yet clear what Burger King's new owner, the Brazilian-backed private equity firm 3G Capital, has in mind for the troubled No. 2 fast-food chain. But a total strategic revamp is in order.
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Dow back in the black for 2010
CNN Money
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Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
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Strongest jobs recovery in decades. Seriously
CNN Money
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A jobless recovery? Hardly.
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August jobs report: Signs of life for employment
CNN Money
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Business hiring is picking up, but not enough to make up for the massive losses of temporary government jobs.
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Kia recalling fire-prone cars
CNN Money
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Hyundai-Kia Motors is recalling more than 35,000 cars with fire-prone electrical wiring systems, said the National Highway Traffic Safety Administration.
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Yahoo
What might make the Fed flinch? (Reuters)
Yahoo
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Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.
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IMF's Lipsky says moderate world recovery underway (Reuters)
Yahoo
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Reuters - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.
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Stocks rally as jobs data spurs optimism (Reuters)
Yahoo
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Reuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.
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Venezuela OKs payment for French retailer Casino (Reuters)
Yahoo
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Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.
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Taxpayers may face initial loss on GM IPO: sources (Reuters)
Yahoo
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Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
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US Def Sec: Afghans should lead corruption fight (AP)
Yahoo
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AP - U.S. Defense Secretary Robert Gates said Thursday that while the fight against corruption must be led by Afghans, the U.S. is working on new ways to prevent millions of American dollars flowing into the nation from underwriting bribery and graft.
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Japan Noda warns on yen, suggests joint steps difficult (Reuters)
Yahoo
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Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen's rise when needed, while suggesting that coordinated currency market intervention was a difficult option.
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Campbell reports Q4 profit rise on better margins (AP)
Yahoo
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AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.
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Trichet calls for united EU at the IMF (AFP)
Yahoo
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AFP - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.
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Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)
Yahoo
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AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
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IMF's Lipsky says moderate world recovery underway - FOXBusiness
Google
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 Reuters |
IMF's Lipsky says moderate world recovery underway
FOXBusiness GWANGJU, South Korea, Sept 5 (Reuters) - The world economyis recovering moderately but still faces challenges such as theneed for medium-term fiscal consolidation, the IMF's FirstManaging Director, John Lipsky, ... IMF's Lipsky Says Moderate World Recovery Underway Mirae Asset Favors Korean Lenders on Possible Central Bank Rate Increases S.Korean economy grew revised 1.4 pct in Q2: central bank |
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House panel wants cap on CEO salary - Economic Times
Google
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 Bharat Chronicle |
House panel wants cap on CEO salary
Economic Times NEW DELHI: A parliamentary panel has made a strong pitch for capping salaries of chief executive officers, reopening debate on the controversial issue that has been under scanner worldover after the global financial crisis of 2008. ... In every company, a panel to fix CEO salary? Let shareholders decide CEO pay: House panel CEO salary issue |
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Oman to invest $3 b in India's fertiliser sector - Hindu Business Line
Google
1283710955|%e %b %Y, %H:%M %Z|agohover
 Businessworld |
Oman to invest $3 b in India's fertiliser sector
Hindu Business Line Mr Sharma said cooperation with Oman in petroleum, gas and fertilizer sectors was a priority area for the Indian Government. Oman will soon pump in investments to the tune of $3 billion into India's fertiliser sector. In this regard, Oman on Sunday ... Oman to invest USD 3 bn in fertiliser sector in India Omani-Indian Joint Committee Meetings Kick -off Oman To Invest $3 Bln In Fertilizer Sector In India - Report |
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Walsh sets his sights high for BA-Iberia - Financial Times
Google
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 Financial Times |
Walsh sets his sights high for BA-Iberia
Financial Times First he took on Britain's biggest union. Then the aviation authorities who shut down Europe's air space after an Icelandic volcano erupted. Now Willie Walsh, the feisty Irish ex-pilot who has been running British Airways for ... Kingfisher may become Oneworld member next year We want to participatein India's growth British Airways Says It Has Identified a Dozen Potenital Merger Targets |
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RBI Governor earns less than 5% of top-paid bankers - Economic Times
Google
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 Moneycontrol.com |
RBI Governor earns less than 5% of top-paid bankers
Economic Times NEW DELHI: In an irony of sorts, RBI gets to approve salaries of all the top-level bankers in the country, but the central bank's top officials themselves get less than 5 per cent of what is paid to the bank chiefs. An analysis of salaries paid to top ... HOBSON'S CHOICE BEFORE SUBBARAO Physicist Subbarao disenchanted with economics India should follow map to account convertibility: RBI |
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SC's grain advice may get govt snub - Times of India
Google
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 VoiceofSikkim |
SC's grain advice may get govt snub
Times of India NEW DELHI: The policy stand-off between the Supreme Court and the Centre over food security is likely to deepen on Monday, with the latter set to either sidestep, brush aside or even openly disagree with the court's suggestions, especially the one on ... Govt set to reject SC proposals Right to Food Campaign wants APL included in PDS Ration outlets to remain closed on Tuesday |
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WiMax-focused BSNL plans LTE tech back-up - Economic Times
Google
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WiMax-focused BSNL plans LTE tech back-up
Economic Times NEW DELHI: State-owned BSNL, the only company in India that has committed to the WiMax technology standard for its wireless broadband services, has decided to have a back-up plan in case all other operators in the country opt for upcoming long-term ... Chinese firms on BSNL's new GSM tenders After Huawei, ZTE bags 300-cr BSNL contract After Huawei – Tatatel deal; ZTE grabs BSNL's 3000 million deal |
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Technical glitch stalls Gurgaon Metro, again - Hindustan Times
Google
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 NDTV.com |
Technical glitch stalls Gurgaon Metro, again
Hindustan Times A technical snag caused severe disruption in services of the Delhi Metro, twice within three days of its inauguration on the Gurgaon-Jehangirpuri corridor. The inaugural day service was disrupted for over half an hour. On Sunday, the scenario was ... Parking woes at Gurgaon metro stations Passengers stuck at Delhi metro station after train develops fault Technical snag on Metro leaves passengers stranded |
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Narendra Modi urges Centre to raise limit of claim in co-operative banks - Daily News & Analysis
Google
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 Daily News & Analysis |
Narendra Modi urges Centre to raise limit of claim in co-operative banks
Daily News & Analysis Place: Ahmedabad | Agency: PTI Gujarat chief minister Narendra Modi today urged the Centre to raise the limit of depositors claim from Rs1 to 5 lakh, for co-operative banks going into liquidation. "In the past we have written several letters to the ... Gujarat's governor, chief minister reward deserving teachers Not in race to be PM, contented to serve Gujarat: Modi Modi honours school teachers |
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Pacheco denies role in money laundering, 'ready' to face probe - Indian Express
Google
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 Oneindia |
Pacheco denies role in money laundering, 'ready' to face probe
Indian Express Goa's former tourism minister Fransisco Mickey Pacheco on Sunday steered clear of the controversy which embroils him in a major international money laundering and fake travel document racket. “I am shocked to read what has appeared in the newspaper. ... Pacheco denies involvement in money laundering Goa's Pacheco may be part of global racket, US tells India US names Pacheco in immigration racket |
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Times Of India
Marks & Spencer drops Gurgaon factory
Times Of India
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After a British weekly's revelation that a Gurgaon-based factory used by British retail major Marks & Spencer was abusing its workers, the company has stopped placing orders with the factory.
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RBI guv earns less than 5% of top-paid bankers
Times Of India
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In an irony of sorts, RBI gets to approve salaries of all the top-level bankers in the country, but the central bank’s top officials themselves get less than 5% of what is paid to the bank chiefs.
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NSE to start mobile trading from early Oct
Times Of India
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With a view to reach out to more customers, the National Stock Exchange (NSE) is gearing-up to launch mobile trading through nearly 800 registered brokers in early-October, an NSE official said.
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L&T slams SE Asian companies
Times Of India
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Engineering-to-construction conglomerate Larsen & Toubro has complained to the commerce ministry about restrictive trade practices by Southeast Asian nations to keep Indian firms away from their projects and suggested a tit-for-tat approach against companies from that region.
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US CEOs pocket hefty payouts amid layoffs: Study
Times Of India
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Cost-cutting moves might have cost thousands of US jobs, but many CEOs at companies' that resorted to massive layoffs saw their pay packets fatten in 2009, says a study.
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SBI mulls merger of associate banks
Times Of India
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State Bank of India (SBI) is considering the merger of all five of its remaining associate banks with itself, having amalgamated with two of them in the last two years.
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'Maruti Suzuki to build new auto plant'
Times Of India
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Japan's Suzuki Motor Corp is planning to build a new factory in India capable of producing more than 250,000 vehicles a year, the Nikkei business daily reported on Sunday.
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Maharashtra, Delhi NCR top FDI list in India
Times Of India
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Maharashtra attracted maximum foreign inflows at USD 1.53 billion (Rs 6,989 crore) and accounted for 35 per cent of the country's total FDI during April-June this fiscal.
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IRDA to set up integrated grievance redressal cell
Times Of India
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Insurance watchdog IRDA will set up a centralised grievance redressal mechanism to ensure that the problems of customers in the life and non-life sectors are addressed in a time-bound manner.
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Silver hits new record, gold declines
Times Of India
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Gold prices declined further to close below the psychological Rs 19,000-level at the bullion market here today due to reduced buying interest from retailers at current levels amid profit booking following a bearish trend in global markets.
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Hindustan Times
Madison takes a creative leap
Hindustan Times
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Beattie McGuinness Bungay, or BMB, the ad agency co-founded by Trevor Beattie in the UK, has entered India through a 50:50 join venture with the homegrown full servicing agency, Madison World. For Madison, which has a strong media offering in the market place, it means stepping up its creative presence. Rachit Vats reports.
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'Mobitisements' ring in the future
Hindustan Times
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Marketing via SMS is the first choice of small- and medium-sized organisations. But sectors such as banking, insurance, FMCG, real estate and other financial services leverage this medium the most, with the mantra, "Even a message that does not interest the consumer will, at the most, go unanswered but hardly unnoticed." Himani Chandna reports.
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Small-town tales
Hindustan Times
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As TV penetration grows beyond big cities, general entertainment channels are telling more non-metro stories that reflect life in 'little India' more realistically. And viewers are giving such stories a clear thumbs-up. Anita Sharan reports.
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Raymond's realty plans delayed over labour issue
Hindustan Times
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Textile major Raymond's plans to enter the realty business by developing the 125-acre plot housing its plant in Thane are likely to get delayed, as the Maharashtra government has refused to give a NOC unless the company resolves a compensation dispute with its workers.
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Indian Express
ICEX, FIMI ink pact to develop futures mkt
Indian Express
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ICEX is owned by firms such as Indiabulls Financial Services Ltd and state-run MMTC Ltd.
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Dalal Street to see range-bound trading
Indian Express
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Stock market is expected to remain in a narrow range this week.
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NSE to start trading over mobile phones
Indian Express
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At present, only about 10-15 big brokers have the infrastructure for mobile trading.
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Sensex bounces back by 223 pts
Indian Express
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Strong GDP data helped the market to bounce back by more than 223 points.
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Sebi floats new rules to curb price volatility
Indian Express
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Market regulator Sebi said that trading of shares of companies going for a merger, demerger or a change in capital structure will have to be done in a price range for the first ten days of post-restructuring.
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Reliance deal powers Tata Trent stock
Indian Express
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The Trent scrip opened on a strong note and later touched an all-time high of Rs 1,160.
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Hero Honda turns off losing streak
Indian Express
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Snapping a 3-day losing streak, shares of Hero Honda today bounced back on robust sales...
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Housing, jobs data drive US stocks
Indian Express
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Investors on American stock markets got some solid evidence to base their investing on.
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FIIs pump $2.5 bn into Indian stocks
Indian Express
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FIIs pumped in as much as Rs 11,685 crore in the month of August.
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Mahindra Satyam stock up over 11%
Indian Express
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At 3:17 p.m., Mahindra Satyam shares were up 10.9 per cent at Rs 91.60.
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BBC
Need to cut deficit 'supported'
BBC
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Many people are in favour of reducing the deficit but they are less clear about where cuts should be made, a BBC poll suggests.
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BP well 'poses no further risk'
BBC
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The official in charge of cleaning up the Gulf of Mexico oil spill says the well which caused the damage is no longer a risk to the environment.
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Six million facing new tax bills
BBC
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HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.
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Rovers takeover man left UK debts
BBC
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The Indian businessman hoping to buy Blackburn Rovers, Ahsan Ali Syed, left a trail of debt from his time in the UK, 5 live Investigates reveals.
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UN calls special food price talks
BBC
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The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices.
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Security stepped up at Kabul Bank
BBC
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Armed police are posted outside the main branch of Kabul Bank as customers continue to withdraw money amid fears it may collapse.
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Petrobras files $65bn share offer
BBC
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The Brazilian state oil company, Petrobras, unveils plans to sell up to $64.5bn of new stock, in one of the world's largest share offers.
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HSBC threatens to quit London HQ
BBC
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HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says.
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Bank customers in 'dire poverty'
BBC
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Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.
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Industry fears over cheaper coins
BBC
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Vending machine companies warn cheaper "steel" 5p and 10p coins being considered by the Treasury could cost the industry millions of pounds.
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IBN Live
Forbes India: Maxx mobile, the Shanzhai warrior
IBN Live
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Ajjay Agarwal's Maxx Mobiles is among the clutch of upstarts that used off-the-shelf technology to erode Nokia's dominance in India's mobile phone market. Will the tribe survive the perils of scale?
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Food and fuel inflation move up again
IBN Live
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The price rises come despite good monsoon rains this year, which are crucial for irrigation.
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39 Indian cos among 'Asia's best under a billion'
IBN Live
1283390188|%e %b %Y, %H:%M %Z|agohover
Forbes Best Under a Billion list is chosen from 13,000 publicly-listed Asia-Pacific companies with actively traded shares.
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Experts question the method to calculate GDP
IBN Live
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The Indian economy has posted the fastest quarterly growth during April-June 2010 in the last two years.
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Premji's son named Wipro chief strategy officer
IBN Live
1283412160|%e %b %Y, %H:%M %Z|agohover
Rishad Premji, the eldest son of Wipro's founder-chairman Azim Premji, is widely seen as the heir apparent.
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Indian economy grows by 8.8 per cent in Q1
IBN Live
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Although economists had expected it to grow at 8.9 per cent, it nevertheless was highest since early 2008.
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Satyam ex-chief Raju reaches court in a face mask
IBN Live
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The founder of Satyam Computers B Ramalinga Raju made his fourth appearance in a Hyderabad court on Tuesday.
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Indian economy grew by 8.8 pc in April-June
IBN Live
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Sectors like financial services restrained the growth in the economy, which had recorded six per cent growth rate in April-June 2009-10.
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New Direct Tax Code pushed by a year
IBN Live
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DTC will be effective from April 1, 2012.
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RIL buys 14.12 pct stake in East India Hotels
IBN Live
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The hospitality major, East India Hotels, runs the Oberoi group of hotels.
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Zee News
Ambani gas row: Chronology!
Zee News
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Following is the chronology of events surrounding the dispute over supply and pricing of gas from Reliance Industries` eastern offshore KG-D6 fields to Reliance Natural Resources Ltd (RNRL).
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Fix accountability for sabotaging AI merger: Unions!
Zee News
1273235178|%e %b %Y, %H:%M %Z|agohover
A group of Air India unions on Friday asked Civil Aviation Minister Praful Patel to fix the accountability on those who are "sabotaging" the airlines merger process and have led to a loss of Rs 18,000 cr in the last three years.
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No cheap gas for Anil Ambani group, Govt has last word: SC!
Zee News
1273235178|%e %b %Y, %H:%M %Z|agohover
In a severe blow to Anil Ambani, the Supreme Court Friday ruled that the government has the last word on pricing and utilisation of national asset.
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Reuters
IMF's Lipsky says moderate world recovery underway
Reuters
1283674354|%e %b %Y, %H:%M %Z|agohover
GWANGJU, South Korea (Reuters) - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.
Read More
Oracle offered job to ex-HP CEO Hurd - source
Reuters
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NEW YORK (Reuters) - Oracle Corp has offered a job to Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal involving inaccurate expense receipts related to a female contractor, according to a source familiar with the situation.
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China regulator, researcher disagree on auto capacity
Reuters
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TIANJIN (Reuters) - China's top economic planner and a leading government-backed research body disagreed at an auto industry forum over whether the world's largest auto market is facing excessive capacity after breakneck growth in 2009.
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The uncomfortable mathematics of monetary policy
Reuters
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JACKSON HOLE, Wyo. (Reuters) - Bigger, as the Federal Reserve may soon discover, is not always better.
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Obama to propose permanent research tax credit
Reuters
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WASHINGTON (Reuters) - President Barack Obama will ask the U.S. Congress on Wednesday to increase and permanently extend a tax credit for business research as a way of boosting job growth, an administration officials said on Sunday.
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Suzuki to build new auto plant in India - Nikkei
Reuters
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TOKYO (Reuters) - Japan's Suzuki Motor Corp is planning to build a new factory in India capable of producing more than 250,000 vehicles a year, the Nikkei business daily reported on Sunday.
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SingTel mulls bid for C&W Worldwide - report
Reuters
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LONDON (Reuters) - Singapore Telecommunications is considering a bid for FTSE 100 group Cable & Wireless Worldwide, The Independent on Sunday reported.
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Italy backs EU proposal to coordinate member budgets
Reuters
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CERNOBBIO, Italy (Reuters) - Italy backs a proposal for the EU to coordinate euro zone members' budgets, Italy's Economy Minister Giulio Tremonti said on Sunday, calling it the most important proposed change for the EU Stability Pact.
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Changan Auto, Ford discuss expanding ties beyond China
Reuters
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TIANJIN (Reuters) - Major Chinese automaker Chongqing Changan Automobile is in talks with Ford Motor to expand their partnership beyond China, a senior Chinese executive said.
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Samsung raises 2010 smartphone sales target
Reuters
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SEOUL/BERLIN (Reuters) - Samsung Electronics Co Ltd, the world's second-biggest maker of mobile phones, expects to sell up to 25 million smartphones this year, exceeding its earlier target, the company said on Friday.
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The Hindu
Key messages from RBI Annual Report
The Hindu
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Near to medium-term challenges
The Hindu
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Scope unlimited for IT in Tamil Nadu
The Hindu
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Connect 2010 to unfold critical issues
The Hindu
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Source of investment has to be proved
The Hindu
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Spread-over relief for VRS payments
The Hindu
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More productivity enhancing tools
The Hindu
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SBT revises interest rates
The Hindu
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Area under coconut declines
The Hindu
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Spices exporters' forum wants benefits restored
The Hindu
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