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Naya Ventures to invest in seven firms in India
Hyderabad : Naya Ventures, a $50 million start-up entrepreneur-venture fund, is set to invest in seven companies in India in the next one to two years.
Founded by Dayakar Puskoor, who owned P&L for the Hosting and Mobility Solutions…
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In signs of revival, Indian economy expands 5.7 percent
New Delhi : Beating expectations and showing another sign of revival, the Indian economy expanded by 5.7 percent during the first quarter of the current financial year to log the highest growth yet in nine quarters or over two years,…
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Four gen-next Indian-origin economists in IMF list of 25
Washington : Four economists of Indian origin have been featured in in the International Monetary Fund's (IMF) list of 25 economists under 45 who are shaping the way one thinks about the global economy
The "Generation Next" list of…
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Kelkar panel for market-linked gas price to producers
New Delhi : A committee led by former finance secretary Vijay Kelkar has recommended market-linked pricing for domestic natural gas, even as a committee of secretaries is reviewing the formula recommended by the C. Rangarajan panel.
A…
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India needs Financial Conditions Index
Chennai : Changes in financial market variable have an impact on the real market but the launch of several financial products has resulted in more variables to account for in economic estimates, stated a research paper put out by the…
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Kudankulam n-plant to go commercial next month
Chennai : The Nuclear Power Corporation of India Ltd (NPCIL) is expected to start commercial operations of its first 1,000 MW unit at Kudankulam Nuclear Power Project (KNPP) next month, said a senior official Thursday.
"We have to get the…
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Sensex scales new high; oil and gas stocks surge
Mumbai : A benchmark index of Indian equities markets Thursday hit a record high of 26,674.38 points surpassing its previous high of 26,630.74 points it touched Aug 25.
Good buying was observed in oil and gas, capital goods and auto…
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12 Indian firms among Forbes Asia’s Fabulous 50
Washington : A dozen Indian firms figure in this year's Forbes Asia's Fabulous 50 list of the region's best big publicly traded companies with HDFC Bank making the list more times than any other company.
China boasts the most companies on…
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Vibrant Gujarat summit to host seven partner countries
New Delhi : Gujarat Chief Minister Anandiben Patel Wednesday called upon India Inc to participate in the bi-annual investment summit 'Vibrant Gujarat' 2015, which is being partnered by seven countries.
"The seventh 'Vibrant Gujarat'…
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Inflation subdued as New Zealand’s economic recovery slows
Wellington : New Zealand's economic recovery has peaked and the pace of growth is slowing, suggesting the central bank might hold interest rates for at least the next year, according to the quarterly forecast of an independent economic…
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