Economic reforms in India are in right direction: Rajan
Economic reforms in India are going in the right direction, but the level is “wrong”, RBI Governor Raghuram Rajan has said, referring to some of the outdated regulations that are …
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Adani may buy L&T’s Punjab power plant
Engineering and construction major Larsen & Toubro (L&T) is in talks with the Ahmedabad-based Adani group to sell its power plant in Punjab at an estimated value of around Rs …
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Bankers finalise new owners for Electrosteel
Lenders are close to finalising a new owner for Kolkata-based Electrosteel Steels, the first company where the strategic debt restructuring mechanism was applied last year, after the Reserve Bank of …
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OVL signs MoU with Equatorial Guinea
ONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has entered into an agreement with Republic of Equatorial Guinea for cooperation in upstream hydrocarbon …
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Hussy bats for Dhoni, says MSD is still most suitable for job
Beleaguered Mahendra Singh Dhoni today found backing from former Australia cricketer Mike Hussey, who says the Indian captain was the most suitable to lead the team as he still has …
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Syria talks ‘likely’ delayed as opposition quarrels
The United Nations has said that crucial talks on ending the Syria conflict would likely be delayed by a few days, as a dispute over who will represent the opposition …
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Zomato shuts operations in 4 cities
Barely a week after hyperlocal grocery delivery app Grofers had shut operations in nine cities, Gurgaon-based restaurant discovery and food ordering app Zomato said on Monday it was closing down …
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Bobby Jindal demits office as Louisiana governor
Indian-American Bobby Jindal has demitted his office as Louisiana governor after the end of his second four-year term. Jindal, 44, was replaced by John Bel Edwards of the Democratic Party, …
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Beijing to end coal usage by 2020 to reduce smog
China’s capital and its adjoining areas will end coal usage by 2020 to reduce the recurring smog in Beijing and improve air quality with a host of measures including replacement …
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Digital India effect: E-governance transactions double in 2015
Electronic transactions related to e-governance projects in the country have almost doubled in 2015, owing to the Digital India Programme, Telecom Minister Ravi Shankar Prasad said. “According to government website …
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Chinese firm Beijing Kunlun Tech buys major stake in gay dating app Grindr
Popular gay dating application Grindr has said that it has hooked up with Chinese online game titan Beijing Kunlun Tech. Grindr said in a blog post that it has taken …
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President Pranab Mukherjee greets nation on Lohri, Makar Sankranti
President Pranab Mukherjee on Tuesday wished people “happiness and prosperity” on the occasion of Lohri, Makar Sankranti and Pongal. “On the auspicious occasion of Lohri, Makar Sankranti and Pongal, I …
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White House assures Sikhs of their safety and security
The White House has assured American-Sikhs of their safety and security in view of the increasing threats and hate crimes against the community members in the recent past. In a …
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Bullion body plans big boost to gold monetisation scheme
The Indian Bullion and Jewellers Association (Ibja) says it plans a big boost to the gold monetisation scheme announced by the prime minister before Diwali. The scheme is yet to …
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United Spirits: Long-term prospects intact
United Spirits Ltd (USL), in a surprise move on Tuesday, announced plans to declare itself sick and approach the Board for Industrial and Financial Reconstruction (BIFR) as the country’s largest …
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USFDA warning poses challenges for Cadila
Brokerages have cut earnings estimates for Cadila Healthcare over the next two years by five to 15 per cent following the two US Food and Drug Administration (USFDA) warning letters …
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Same security concerns exist in competing markets
Carlson Rezidor, one of the largest hotel companies in the world, is also one of the largest international chains in the segment in India. It has 75 operational and 50-odd …
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China okays anti-terrorism law, permits troops deployment abroad
China on Sunday adopted its first counter-terrorism law that grants overarching powers to security agencies, allows the military to venture overseas on counter-terror operations and requires technology firms to give …
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Nadella seeks ideas from start-ups to connect rural India
Microsoft is interested in working with Indian entrepreneurs to connect rural areas with technology and new economy, chief executive officer Satya Nadella said on Monday. Nadella, who was on a …
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Tata Sons picks China’s ICBC for banking solutions
Tata Sons formed a long-term partnership with the world’s largest lender Industrial & Commercial Bank of China (ICBC) on Wednesday and declared it would be a strategic banking partner. As …
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