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Business
Bankers, regulators to discuss ways to revitalise banking sector
Pune: Over 100 senior bankers, insurers, financial sector regulators and finance ministry officials would attend the two-day meet here beginning tomorrow to deliberate on host of issues including merger and acquisitions and bad assets to…
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Maruti’s December sales jump 20.8 pc; shares up
New Delhi: Country's largest car-maker Maruti Suzuki India (MSI) today reported a 20.8 per cent increase in total sales in December at 1,09,791 units.
The car maker had reported sales of 90,924 units in the same month last year.
Following…
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Microsoft sues Indian company for technical support scam
New York : Some international fraudsters are exploiting the tech-savvy reputation of Indians to trick computer users into giving them access to their machines by pretending to be from Microsoft. Now the technology giant is fighting back…
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Law for timely decisions in commercial disputes
New Delhi: A judge presiding over an arbitration in a commercial dispute will have to settle the case in nine months unless a high court grants an extension, else he faces the prospects of being debarred from taking up new cases, according…
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Insurance sector eyes FDI worth billions in new year
New Delhi: A political hot potato for long, the insurance sector got its long-awaited dose of reforms, as 2014 neared the end and will keenly await moneybags from abroad in the new year to bring in the much-aspired foreign investments,…
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India Inc raises Rs 4-lakh crore from markets; debt preferred
New Delhi: Indian firms raised a staggering amount of funds totalling Rs 4 lakh crore from the markets in 2014, with debt market emerging as the most preferred route to garner capital for their corporate needs despite a sustained rally in…
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Easier entry rules, competitive taxation key to boost manufacturing: FM
New Delhi: Blaming high cost of capital for slowdown in sector, Finance Minister Arun Jaitley today pitched for removal of entry barriers and a globally competitive taxation regime to attract investments and boost growth.
"We have to put…
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Govt eyes Rs 3-trn investment, reforms for power sector
New Delhi: With an ambitious target to give 24X7 electricity to all, the government is eyeing Rs 3 lakh crore worth investments in power transmission and distribution business, as it gears up to free the sector from a gridlock of fuel…
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Axis Bank in talks for tie-up with payments bank
Mumbai: Private sector lender Axis Bank is open to partnering a payments bank and is in talks with a few aspirants for a potential partnership, according to a senior official.
The Reserve Bank came out with final guidelines for Payments…
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Edible oils surge on rising demand, import duty hike
Mumbai, Dec 27 (PTI) Prices of both groundnut oil and refined palmolein surged at the Vashi oils and oilseeds wholesale market here today on rising demand from stockists and retailers due to ensuing festivities.
Besides, they were weighed…
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