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Sources said the new proposal is likely to be made in the Union Budget slated to be presented in Parliament in the first week of July.
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Pension regulator PFRDA has written to the government to provide more funds to help market the New Pension Scheme which was launched a month ago.
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Mired in delays and technical issues, there are now doubts over future of Sewree-Nhava sea link.
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In a market scenario, where buyers are just warming up to making real estate purchases at home, will the Indian HNI invest in a real estate project abroad?
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More than being a mere buzzword, building ‘green’ homes today has become a necessity, for a sustainable tomorrow and the real estate sector, too, is slowly waking up to the potential of carbon credit trading.
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Bombay Stock Exchange benchmark Sensex on Thursday opened 182 points down, tracking a weak global trend.
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The Indian rupee depreciated by 17 paise to 47.24 against the dollar in early trade today as banks bought the currency (dollar) on behalf of importers and after the USD stabilised against a basket of currencies in Asian markets.
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“Every investor is a long-term investor until the stock market tanks,’’ says Amar Pandit, CFP with My Financial Advisor, a wealth management firm.
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Government plans to raise over Rs 25,000 crore in 2009-10, not only to reduce fiscal deficit but also for expansion of public sector enterprises.
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Russian operator Yota and Malaysian operator Packet One are in serious talks with several Indian firms to enter India’s Broadband Wireless Access market.
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Ravindra Pisharody has been appointed president of Tata Motors (commercial vehicles), following Prakash Telang’s promotion as company managing director.
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The global economic turmoil has stung India Inc just when it was looking to ride the crest of the globalisation wave.
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There are strong indications that Johannesburg-based mobile operator MTN is in the mood to rapidly seal its marriage with Bharti Airtel.
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Shares of companies that did their initial public offerings (IPOs) in 2008 crashed badly after the equity markets tanked towards the second half of that year.
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PFRDA Bill is likely to limit FDI in pension companies at par with the insurance sector, where the present ceiling of 26% is set to be increased to 49%.
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Investments made in NPS are likely to be exempted from tax by clubbing it under Section 80CCC of the Income Tax Act, maintaining the cap at Rs 1L.
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FMCG major Nestle India has said that it has contributed during 2008 over Rs 1,000 crore as taxes to the state and central exchequers.
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When it was founded in 1937, the then Ranbaxy and Co.’s first business was reselling drugs made by Japanese firm A Shiniogi. Seven decades later, the Singh family sold out to a Japanese firm
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TCG might not offer as much as Rs28.80 a share now, HPL having posted a net loss of around Rs270 crore in the year till March after five years of continuous profits
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State Bank of India, Bank of Baroda among lenders as the airline’s chairman extends personal guarantee
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