Delhi cops want higher penalties to end traffic woes
February 11th, 2012 - 11:02 pm ICT by IANS
New Delhi, Feb 11 (IANS) Citing absence of effective laws to manage traffic, Delhi Police Saturday said the situation on city's roads could get worse if penalties for driving ... Read more...
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Kudankulam row: Officials expect early resolution
February 11th, 2012 - 10:17 pm ICT by IANS
Chennai, Feb 11 (IANS) The four-member expert panel set up to look into the safety aspects of the Kudankulam Nuclear Power Project (KNPP) and the fears of the local people ... Read more...
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Suzlon Energy posts quarterly net loss of Rs.286.46 crore
February 11th, 2012 - 9:59 pm ICT by IANS
Mumbai, Feb 11 (IANS) India's wind turbine manufacturing major Suzlon Energy Saturday posted net loss of Rs.286.46 crore for the quarter ended Dec 31.It had posted a net loss of ... Read more...
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Calcutta High Court judge laments farmer suicides
February 11th, 2012 - 9:59 pm ICT by IANS
Kolkata, Feb 11 (IANS) In the wake of rising number of farmer suicides in the country, a Calcutta High Court judge Saturday said India was not yet free and ... Read more...
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Pepsi test-markets Slice in Canada to tap diaspora market
February 11th, 2012 - 8:15 pm ICT by IANS
New Delhi, Feb 11 (IANS) Fast moving consumer goods major PepsiCo has started test marketing its mango-based drink Slice in Canada to tap the Indian diaspora consumers there."We have started ... Read more...
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PM holds meet on 2G verdict, as issue takes diplomatic turn (Second Lead)
February 11th, 2012 - 7:32 pm ICT by IANS
New Delhi, Feb 11 (IANS) Prime Minister Manmohan Singh Saturday held a crucial meeting on the 2G spectrum issue in the wake of the apex court cancelling 122 licences, ... Read more...
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Sharda Motors looks for equity investor
February 11th, 2012 - 6:22 pm ICT by IANS
Chennai, Feb 11 (IANS) Auto component vendor Sharda Motor Industries Ltd is planning to raise equity funds for its future plans and is also exploring overseas market for its off-the-highway ... Read more...
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India to carry northeast essentials via Bangladesh
February 11th, 2012 - 5:49 pm ICT by IANS
Agartala, Feb 11 (IANS) In a very significant development, the Bangladesh government has decided to allow India to ferry food grains and essentials for the mountainous northeastern states via its ... Read more...
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Africa to be ‘next centre of growth’ for Bank of Baroda
February 11th, 2012 - 5:27 pm ICT by IANS
Kolkata, Feb 11 (IANS) Public sector lender Bank of Baroda (BoB) is planning to expand its network in Africa for its incremental business growth by opening ten new branches in ... Read more...
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Pakistan, Sri Lanka to increase trade to over $2 bn
February 11th, 2012 - 4:31 pm ICT by IANS
Islamabad, Feb 11 (IANS) Visiting Sri Lankan President Mahinda Rajapaksa and his Pakistani counterpart Asif Ali Zardari have agreed to increase bilateral trade to over $2 billion over the next ... Read more...
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Bihar blacklists 22 road construction companies
February 11th, 2012 - 4:17 pm ICT by IANS
Patna, Feb 11 (IANS) Bihar has blacklisted 22 construction companies, including several prestigious firms engaged in road construction in the state, after they failed to complete projects on time, officials ... Read more...
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Bank of Baroda expects 24 pc growth
February 11th, 2012 - 11:14 am ICT by IANS
Kolkata, Feb 11 (IANS) State-owned Bank of Baroda (BoB) is expecting total business growth of about 24 percent over last year at the end of March 2012."We plan to achieve ... Read more...
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US stocks fall amid Greece uncertainties (Lead)
February 11th, 2012 - 9:29 am ICT by IANS
New York, Feb 11 (IANS) US stocks closed lower Friday as uncertainties about the Greek debt crisis and poor economic data weighed the market.The Dow Jones industrial average lost 89.23 ... Read more...
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US federal budget deficit drops to $27.4 bn
February 11th, 2012 - 8:19 am ICT by IANS
Washington, Feb 11 (IANS) The US federal government reported a budget deficit of $27.4 billion in January, the US Treasury Department said Friday.The figure is sharply lower than the reading ... Read more...
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China to expand government procurement program
February 11th, 2012 - 7:51 am ICT by IANS
Beijing, Feb 11 (IANS) China will expand its government procurement program this year to boost economic reforms, the finance ministry said Friday.China will negotiate for entry to the Government Procurement ... Read more...
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China manufacturing hubs see less profits
February 11th, 2012 - 7:45 am ICT by IANS
Beijing, Feb 11 (IANS) Rising manufacturing costs and weak external demand for China-made goods have dented the profits of industrial hubs in southeast China.Industrial output in Guangdong surged 20.9 percent ... Read more...
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Nazi surgical set withdrawn from auction
February 11th, 2012 - 12:40 am ICT by IANS
London, Feb 10 (IANS) A set of surgical tools once used by a Nazi war criminal was withdrawn a day ahead of its scheduled auction Saturday following phone and e-mail ... Read more...
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New Zealand firm to manage Indian enterprises’ data with CMC
February 11th, 2012 - 12:39 am ICT by IANS
Bangalore, Feb 10 (IANS) New Zealand-based data management solutions' provider Pingar has tied up with CMC Ltd to manage unstructured data of enterprise clients for improving the quality of business ... Read more...
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Indian investments safe in Maldives, says envoy
February 10th, 2012 - 11:43 pm ICT by IANS
New Delhi, Feb 10 (IANS) Indian investments in politically troubled island nation of the Maldives are safe, the country's envoy to India said Friday."All investments and people are safe, ... Read more...
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Numeric Power sells UPS business for Rs.859 crore
February 10th, 2012 - 10:54 pm ICT by IANS
Chennai, Feb 10 (IANS) City-based Numeric Power Systems Ltd will deploy the sale proceeds of the uninterrupted power systems (UPS) business in strengthening its renewable energy (wind and solar) and ... Read more...
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Will make Delhi slum-free, says Dikshit
February 10th, 2012 - 10:47 pm ICT by IANS
New Delhi, Feb 10 (IANS) Delhi Chief Minister Sheila Dikshit Friday said the city government will try to make the capital slum free at the earliest."The Delhi State Industrial and ... Read more...
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Delhi Metro chief inspects ongoing work
February 10th, 2012 - 10:37 pm ICT by IANS
New Delhi, Feb 10 (IANS) Delhi Metro Rail Corporation(DMRC) managing director Mangu Singh Friday inspected the ongoing tunnel and boring work on a 3-km underground corridor between the Central Secretariat ... Read more...
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BSE SME exchange may come up by March-end
February 10th, 2012 - 10:24 pm ICT by IANS
Kolkata, Feb 10 (IANS) The much-awaited Bombay Stock Exchange (BSE) Small and Medium Enterprises (SME) platform may come up before the end of this fiscal. It targets to list 500 ... Read more...
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nivio secures $21 million funding
February 10th, 2012 - 9:44 pm ICT by IANS
Hyderabad, Feb 10 (IANS) Cloud computing start-up nivio has secured $21 million funding from the Videocon Group and AEC Partners, a US-based private equity firm with specialised holdings in ... Read more...
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Godrej Properties to raise Rs.500-600 crore to reduce debt
February 10th, 2012 - 9:36 pm ICT by IANS
Chennai, Feb 10 (IANS) Godrej Properties Ltd, the real estate arm of the Godrej Group, plans to raise Rs.500-600 crore through the institutional placement programme (IPP) soon to reduce its ... Read more...
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India, Pakistan must remove barriers to boost trade: Ficci
February 10th, 2012 - 9:16 pm ICT by IANS
New Delhi, Feb 10 (IANS) India and Pakistan must axe non-tariff barriers to boost bilateral trade to $10 billion in the next three years, the Federation of Indian Chambers of ... Read more...
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Delhi to get more Metro feeder buses
February 10th, 2012 - 8:39 pm ICT by IANS
New Delhi, Feb 10 (IANS) The capital is likely to get more Metro feeder buses with the urban development ministry proposing "augmenting" of the service.
"More feeder buses are likely ... Read more...
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Reliance Capital Q3 net profit up 229 percent
February 10th, 2012 - 8:22 pm ICT by IANS
Mumbai, Feb 10 (IANS) Financial services major Reliance Capital Friday reported a 229 percent increase in net profit for the quarter ended Dec 31 at Rs.15.2 crore from Rs.4.62 crore ... Read more...
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Follow Nagaland’s example for food security, northeast urged
February 10th, 2012 - 7:21 pm ICT by IANS
Guwahati, Feb 10 (IANS) Northeastern states must follow the example of Nagaland - the only food sufficient state in the region - and increase food production to ensure food ... Read more...
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SIDBI may achieve 21 percent credit growth by March-end
February 10th, 2012 - 7:05 pm ICT by IANS
Kolkata, Feb 10 (IANS) The Small Industries Development Bank of India (SIDBI), which finances the Micro, Small and Medium Enterprise (MSME) sector, Friday said it might clock an year-on-year credit ... Read more...
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Reliance raises $1 billion through overseas bond issue
February 10th, 2012 - 6:56 pm ICT by IANS
Mumbai, Feb 10 (IANS) Mukesh Ambani-led Reliance Industries Friday said its subsidiary, Reliance Holding USA, has issued bonds worth $1 billion to be used as capital expenditure."We are delighted to ... Read more...
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Sensex closes 82 points lower as industrial output slows (Roundup)
February 10th, 2012 - 6:55 pm ICT by IANS
Mumbai, Feb 10 (IANS) A benchmark index for Indian equities markets Friday closed 82 points lower as traders booked profits after data showed industrial output grew at a slow ... Read more...
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India, EU to expedite free trade talks
February 10th, 2012 - 6:14 pm ICT by IANS
New Delhi, Feb 10 (IANS) India and the European Union (EU) have agreed to expedite talks for a broad-based trade and investment agreement and hope to conclude the deal ... Read more...
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Delhi zoo looks at better upkeep - with its own revenue
February 10th, 2012 - 5:39 pm ICT by IANS
New Delhi, Feb 10 (IANS) There is good news for the Delhi zoo that attracts nearly 8,000 visitors every weekend and houses over 1,000 varieties of animals and birds, but ... Read more...
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Sensex closes 109 points lower (Lead)
February 10th, 2012 - 5:10 pm ICT by IANS
Mumbai, Feb 10 (IANS) A benchmark index for Indian equities markets Friday provisionally closed 109 points lower with traders booking profits after recent upward surges.The 30-scrip sensitive index (Sensex) ... Read more...
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