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Mukesh Ambani, the only Indian to feature among the top 50 CEOs, is in the same league as Steve Jobs of Apple, Yun Jong-Yong of Samsung Electronics, Russian energy firm Gazprom\\\'s Alexey Miller and John Chambers of Cisco Systems Mukesh Ambani, who heads India\\\'s most valuable company...

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By Sanket Dhanorkar  and   Ravi Samalad  and   Pratibha Kamath 18 December 2009
Tyche Industries fails to make timely disclosure of acquisition of stake in the company by another group company It looks like companies have succumbed to the habit of bending the rules dictating corporate governance practices. Moneylife has regularly pointed out cases where such companies...

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By Sanket Dhanorkar  and   Ravi Samalad  and   Pratibha Kamath 18 December 2009
Tyche Industries fails to make timely disclosure of acquisition of stake in the company by another group company It looks like companies have succumbed to the habit of bending the rules dictating corporate governance practices. Moneylife has regularly pointed out cases where such companies...

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A host of human resources (HR) experts believe that tough economic conditions globally gave a wake-up call to companies during 2009 to curb their extravagant ways in compensation structures and turned them into more thrifty and performance-conscious firms 'Vulgar' salaries became a sore thumb...

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The BSE's new initiative is aimed at mitigating the market risk of a buyer not receiving bonds after having remitted the funds or a seller not getting the payment for bonds The Bombay Stock Exchange (BSE) will introduce a secured settlement platform for the Rs1,500 crore Indian corporate debt...

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Spot prices of key raw materials—iron ore and coking coal—have strengthened during the past two months. Next year’s contracts are expected to be finalised at higher levels. Ergo, these cost dynamics will lead to higher steel prices Steel prices are set to go up from January 2010 due to...

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Although the UPA government decided to keep Western multi-brand retail chains off from the country's $450-billion retail market, nobody is complaining. The recession-battered global majors were busy securing existing operations elsewhere India's retail industry boom gave way to despair in...

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Indian five-rupee coins are being smuggled into Bangladesh to be melted down for making six razor blades, which then are sold at Rs2 a piece Five-rupee coins are being smuggled into Bangladesh from India to be melted down for making razor blades. Six razor blades can be made from a single...

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When the liquidity crunch began, some of the large NBFCs found themselves squeezed by rising defaults as well as ballooning collection costs, forcing them to scale down operations. Fullerton India Credit Co Ltd, an indirect subsidiary of Singapore-based Temasek Holdings, was among the last...

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When the liquidity crunch began, some of the large NBFCs found themselves squeezed by rising defaults as well as ballooning collection costs, forcing them to scale down operations. Fullerton India Credit Co Ltd, an indirect subsidiary of Singapore-based Temasek Holdings, was among the last...

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Yogesh Sapkale  and   Sanket Dhanorkar 17 December 2009
Based on market feedback, BSE and NSE have jointly decided that the revision of market opening time to 9am will be effective from 4 January 2010 The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Thursday postponed the advancement of market opening time to 9am till 4...

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While the Consulate General of the Republic of Djibouti confirmed the news report, Patel Engineering, on the other hand, said that it is in an advanced stage of negotiation for this infrastructure project According to reports, Indian construction company Patel Engineering Works Ltd has won an...

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Swapnil Suvarna 17 December 2009
Dollar hits a new three-month high; Indian markets continue on their volatile trend Indian markets continued to remain in the red on weak global cues. The Sensex declined 19 points from the previous day’s close, ending the day at 16,894, while the Nifty remained flat at 5,042. During the...

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Amritha Pillay 17 December 2009
The capacity utilisation in the Indian cement industry has fallen to 80% in November 2009 from a high of nearly 100% in March 2009. Analysts believe addition of new capacities and oversupply to be the main reasons for this downward trend Addition of new capacities—coupled with oversupply—has...

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Investors, who bought gold from banks, are in a fix as leading jewellery houses are not ready to buy it and the yellow metal cannot be sold back to banks either Investors, who bought gold from banks, are in a fix as leading jewellery houses are not ready to buy it and the yellow metal cannot...

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Food price inflation hovered around a decade's high of 19.95%, triggered by a short supply of essentials due to lower farm production, following drought and floods in various parts of the country during the year Food inflation hovered around a decade's high of 19.95% as of 5th December,...

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Pallabika Ganguly 17 December 2009
The company, a unit of JM Financial (led by Nimesh Kampani), is looking to invest the fund mainly in residential projects within the next 9 to 12 months JM Financial Ltd’s real-estate investment unit, Infinite India Investment Management Pvt Ltd, is planning to invest an additional $60...

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The infrastructure company has cleared the technical qualification round for building several highway projects worth around Rs20,000 crore in the country Infrastructure player C&C Constructions Ltd said on Thursday that it has cleared the technical qualification round for building several...

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Has the BSE stolen a march over the NSE by taking the lead in extending trading hours? The NSE was planning to start trading at the earliest to catch up with the Singapore market, but the BSE has stolen its thunder It is just a matter of 10 minutes, but translates into a huge signal by the...

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Has the BSE stolen a march over the NSE by taking the lead in extending trading hours? The NSE was planning to start trading at the earliest to catch up with the Singapore market, but the BSE has stolen its thunder It is just a matter of 10 minutes, but translates into a huge signal by the...

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