ECONOMY & NATION


Reliance believes that the new price will be effective for supplies between 1st April and 30th June. Fertilizer companies, on the other hand, have taken a stand that whatever the new price is fixed by the government, it cannot be applicable 'retroactively' All the 16 urea producers have...

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Payments and settlements between PSUs and government departments that constitute a large market for the micro and small enterprises-MSEs have been very inefficient and these have been responsible for the creation of the NPAs in MSMEs Micro, Small and Medium Enterprises (MSME) occupy an...

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Moneylife Digital Team 10 April 2014
While Star Sports has accused the MSO of violating TRAI regulations by not informing customers in advance before offering its channels on a-la-carte basis, Hathway says it followed all the rules and regulations   A full blown war of words is out between Star Sports and Raheja...

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Moneylife Digital Team 10 April 2014
For the first time declaring himself as a married man Narendra Modi has reveale his wife’s name as Jashodaben in an affidavit submitted with his nomination from Vadodara Narendra Modi, the Prime Ministerial nominee from Bharatiya Janata Party (BJP) has for the first time declared himself...

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Moneylife Digital Team 10 April 2014
Piramal group is selling its entire 11% stake in Vodafone India for Rs8,900 crore, thus earning a whopping profit of Rs3,036 in just over two years Ajay Piramal-led Piramal group has decided to exit from Vodafone India Ltd by selling its entire stake at Rs1,960 per share.   In a...

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Moneylife Digital Team 10 April 2014
According to Morgan Stanley, Indian market's move relative to emerging markets will continue to occur before the elections rather than after it unless there is a material positive surprise in the outcome The world is about to witness the biggest election in history, which could herald a...

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Moneylife Digital Team 10 April 2014
Ramco Systems’ rights issue is priced at Rs155 per share, with a premium of Rs145 a piece. The issue would open on 5th May Ramco Systems Ltd (Ramco), an IT consulting and software company announced that it would raise Rs123.35 crore through rights issue to meet its capital requirements....

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Moneylife Digital Team 10 April 2014
For the first time declaring himself as a married man Narendra Modi has reveale his wife’s name as Jashodaben in an affidavit submitted with his nomination from Vadodara Narendra Modi, the Prime Ministerial nominee from Bharatiya Janata Party (BJP) has for the first time declared himself...

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Political appointments have the potential of bringing in people who carry with them their allegiance to New Delhi and thereby their vision being blurred while participating in policy decisions. Why can’t we have a pool of potential candidates for top posts? Search for talent for top...

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Moneylife Digital Team 10 April 2014
Piramal group is selling its entire 11% stake in Vodafone India for Rs8,900 crore, thus earning a whopping profit of Rs3,036 in just over two years Ajay Piramal-led Piramal group has decided to exit from Vodafone India Ltd by selling its entire stake at Rs1,960 per share. In a...

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Moneylife Digital Team 09 April 2014
EC is seeking detailed report on controversial remarks made by SP chief Mulayam Singh Yadav, RLD chief Ajit Singh and UP minister Azam Khan The Election Commission (EC) on Wednesday sought a detailed report from poll authorities in Uttar Pradesh on the controversial remarks made by...

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Moneylife Digital Team 09 April 2014
Ignoring plea from domestic users, the Congress-ruled regime has quietly imposed anti-dumping duty on PTA just a week before elections. The sole beneficiary of the duty is Reliance Industries, alleges industry chambers Just a week before the election, the Indian government has 'quietly'...

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For Coal India it is more prudent to allocate adequate funds, bring in foreign equipments and experts, and carry out mining operations within the country itself, as there still are unlimited reserves Latest reports in the media indicate that in order to achieve power projects capacity of...

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Moneylife Digital Team 08 April 2014
The SFJ has sought compensatory and punitive damages from Gandhi for her alleged role in 'shielding and protecting' Congress party leaders from prosecution for their alleged role in the 1984 riots   Congress and United Progressive Alliance (UPA) chief Sonia Gandhi has declined to...

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Moneylife Digital Team 08 April 2014
In a setback to the AAP, former High Court judge Fakhruddin, who was named the party's candidate in Rae Bareli against Congress president Sonia Gandhi, withdrew from the fray   Justice (retd) Fakhruddin, who was Aam Admi Party (AAP)'s candidate nominated to fight against Congress...

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For months before Sun Pharma decided to buy Ranbaxy for $4 billion, Sudhir Valia, the ED of Sun Pharma, through a partnership firm, has been seen buying stake in Ranbaxy    Sudhir V Valia, executive director of Sun Pharmaceutical, through his limited liability partnership (LLP) firm...

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Debashis Basu  and   Pratibha Kamath  and   Vishrut Patel 07 April 2014
Over six trading days, prior to the announcement of its acquisition by Sun Pharma on Monday, Ranbaxy shares rallied 34%. Could it be a case of insider trading? On 7th April, Ranbaxy Laboratories Ltd (Ranbaxy) announced about its acquisition by Sun Pharmaceutical Industries Ltd (Sun...

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Moneylife Digital Team 07 April 2014
According to Nomura, when compared to the Congress manifesto, which focusses on entitlements, the BJP is relying on effective delivery and implementation and better rural infrastructure to result in rural prosperity The Bharatiya Janata Party (BJP) on Monday released its manifesto for...

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Moneylife Digital Team 07 April 2014
CVC Pradeep Kumar requested the Supreme Court to allow him to withdraw from the coal scam cases as he had worked with the coal ministry as a joint secretary during 2003-06 Pradeep Kumar, the chief of Central Vigilance Commission (CVC) has requested the Supreme Court to allow him to...

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Moneylife Digital Team 07 April 2014
According to AIBEA, the largest bank employee union, what India needs is strengthening of public sector banks and not opening up banking sector to private players whose track record is also not appreciable The All India Bank Employees Association (AIBEA) has objected the Reserve Bank of...

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