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Amritha Pillay 28 December 2009
WorldSpace subscribers from India are shocked that the music offered by the satellite radio service will go out of their lives. A number of music buffs want the services to be revived – they are not clamouring for refunds. Most Indian subscribers are not agitated, but rather aggrieved that...

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Auto-Expo has seldom looked forward. It is time for a change Auto-Expo week in Delhi is on us again. Invitations are already pouring in for a variety of functions, including a variety of car/bike of the year awards, where everybody will win, with multiple organisations claiming to provide...

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Amritha Pillay 28 December 2009
It has been a fortnight since Osian Art Fund has promised the first part-payment, but around 85 investors are still waiting for the same About 15 days back, Osian Art Fund sent a mail to its investors saying that it had started the process of redeeming their capital and all unit-holders would...

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Pallabika Ganguly 28 December 2009
Most real-estate developers are converting their commercial ventures like IT parks and SEZs into residential projects The real-estate market is witnessing a new trend. Most information technology parks and commercial office projects are now being converted into residential projects, as most...

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Indage Vintners has been staring at financial losses for a long time and is not able to pay its suppliers and service providers. Now, CRP, its supplier of ‘bag in box’ packaging, has issued a warning to other suppliers not to have any dealings with Indage. Complaints from investors and...

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Developers cited reasons like demand slump, fund shortages and land acquisition problems as the reasons for seeking de-notification of SEZs and for the delay in projects The mad rush to set up special economic zones (SEZs) that house export-oriented manufacturing units three years ago turned...

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A selection of some of the best books we have reviewed since our launch Over the last 99 issues, we have reviewed more books on financial markets than several other magazines put together. That’s our key area of interest. But our reviews have also included books on food, corporate strategy...

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Our occasional articles in this section bring you essential truths about the markets When you buy a call option of Tisco, you are buying a financial instrument that has been in use for centuries (of a company that is 90 years old), a product that, in some form or the other, has been used by...

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The topic means different things to different people—to some, it means financial inclusion and reaching basic banking services to every Indian. To others, it means using technology and microfinance to either provide or improve livelihoods across the country. To those in the capital market, it is...

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The need of the hour is to inculcate a sound investment culture amongst the masses by informing them about the benefits of long-term investment India is counted among the fastest-growing economies in the world today and has a huge middle-class population with rising income levels and growing...

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The proposed change should be welcomed by all shareholders, as this kind of a legislation will ensure equitable treatment Market regulator the Securities and Exchange Board of India (SEBI) seems to be waking up to the idea of complete takeovers. The thought here is that anyone making an open...

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This isn’t a security issue, of course, and in fact it’s helpful to distribute the list so you can check if your favorite password that you use for other services might not be as fail-proof as you’d like to think. Read More...

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China is building 42 high-speed passenger rail lines of 13,000 km in the next three years, covering more than 90% of the population. By 2012, trips from Beijing to most provincial capitals would only take between one and eight hours. What’s the scene in India? High-speed trains are not new,...

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Hackers use their best schemes during holidays to steal people's money, credit card or net-banking information. Following seasonal trends, these thieves create holiday-related websites and other convincing emails that can trick even the most cautious Internet user Shopping online for a New...

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While any changes are expected to take effect from the next fiscal only, the SEBI committee is said to be seriously looking at increasing the open offer size from 20% to as high as 100% Corporate acquisitions in India could become costlier with market regulator, the Securities and Exchange...

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A strong market rally triggered by the government's encouraging economic growth forecast helped the country's top 10 companies add over Rs70,000 crore to their market capitalisation in the past week A strong market rally triggered by the government's encouraging economic growth forecast...

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The Consumer Complaints Council of ASCI found that 15 advertisers, including RCom and Idea Cellular, Dabur and Elder Pharma and coaching centre Career Launcher, violating the council's code The Advertising Standards Council of India (ASCI) has pulled up 15 companies, including telecom...

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Salary increments are likely to improve relatively, albeit conservatively in 2010, compared to the single-digit hikes seen across hierarchies, functions and performance levels last year Driven by scarcity of talent and increasing competition, India Inc is expected to hike salaries in the New...

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We need more competition and better use of existing banking infrastructure for financial inclusion India is on a long-term growth trajectory. Money supply, credit, deposits and bank assets as a percentage of GDP have grown since the 1990s. The country has attracted lot of foreign capital...

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Amritha Pillay 25 December 2009
WorldSpace has declared that it will terminate its radio broadcast services to all Indian subscribers from 31 December 2009. Following its bankruptcy protection filing in October 2008, the satellite radio service provider has had to bid adieu to the subcontinent On New Year’s Eve, apart from...

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