Nestle to buy Pfizer unit for $12 billion |
- Nestle to buy Pfizer unit for $12 billion
- TCS Q4 profit up 23% at Rs 2,932 cr
- AAI wants user levy on all flyers at new airports
- Macquarie shuts down India fund
- Gold no more a bet, just a hedging tool
- SBI, 4 more banks cut interest rates
- TCS March-quarter profit meets forecast
- Dollar ends sharply dearer against rupee
- SBI may not cut lending rates soon
- Sensex down 277 pts in choppy trade
- Sensex down 277 pts in choppy trade
- Business class travel on the rise globally
- India Post offers 6% discount on gold coins
- 6% discount on gold coins on Akshaya Tritiya
- Sensex down 181 points
- Infosys shares dip amid US scrutiny
- Vodafone agrees to buy Cable & Wireless Worldwide
- Sensex down 21.31 points in afternoon trade
- Nestle buys Pfizer Nutrition
- Philips Q1 profits rise on Senseo asset sale
- Sensex up 68 pts on fresh buying
- Will your salary structure be changed due to GAAR?
- Volvo to launch 10 new models in China by 2020
- Rupee down 3 paise vs dollar in early trade
- Sensex gains 37 points, RIL recovers
| Nestle to buy Pfizer unit for $12 billion Posted: 23 Apr 2012 05:22 PM PDT Swiss food group Nestle is to buy US drug maker Pfizer's infant nutrition business for $11.9 billion, beating French rival Danone in the battle for dominance of baby food in the fast-growing emerging markets. 
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| TCS Q4 profit up 23% at Rs 2,932 cr Posted: 23 Apr 2012 05:14 PM PDT Country's largest software company Tata Consultancy Services (TCS) on Monday said its net profit for the fourth quarter of the last fiscal rose by 23% to Rs 2,932 crore. 
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| AAI wants user levy on all flyers at new airports Posted: 23 Apr 2012 05:11 PM PDT The next time you marvel at a sparkling new glass-and-steel airport terminal, get ready to pay. The new airport in Delhi is all set to change the current practice of asking only departing flyers to pay user charges. It will also tell those flyers to pay up who are touching down. 
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| Macquarie shuts down India fund Posted: 23 Apr 2012 05:07 PM PDT A decision by Australia-based Macquarie to pull out one of its hedge funds from investing in the Indian market, mainly due to increased tax outgo from a proposed change in tax laws in India, dented investor confidence on Dalal Street on Monday, leading to a 277-point slide in the sensex to 17,097. 
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| Gold no more a bet, just a hedging tool Posted: 23 Apr 2012 05:05 PM PDT Reserve Bank of India governor D Subbarao has gone all out to discourage gold investments as record imports of the yellow metal are adding pressure to the rupee. 
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| SBI, 4 more banks cut interest rates Posted: 23 Apr 2012 07:56 AM PDT Led by SBI, five more banks today cut interest rates on loans and deposits upto one per cent, following reduction in the short-term policy rates by RBI last week. 
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| TCS March-quarter profit meets forecast Posted: 23 Apr 2012 07:54 AM PDT Tata Consultancy Services reported profit of 29.3 billion rupees, meeting expectations based on international accounting standards. 
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| Dollar ends sharply dearer against rupee Posted: 23 Apr 2012 06:31 AM PDT The US dollar ended sharply dearer against the rupee at Rs 52.50/51 per dollar. 
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| SBI may not cut lending rates soon Posted: 23 Apr 2012 05:46 AM PDT State Bank of India, the country's biggest lender, may not cut lending rates in the near term as costs of deposits continue to be high, Chairman Pratip Chaudhuri said on Monday, after the bank lowered its deposit rates. 
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| Sensex down 277 pts in choppy trade Posted: 23 Apr 2012 04:12 AM PDT Indian equities markets closed lower on Monday with a benchmark index falling 277.16 points. Realty, banking and telecom stocks were among the worst losers. 
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| Sensex down 277 pts in choppy trade Posted: 23 Apr 2012 04:12 AM PDT Indian equities markets closed lower on Monday with a benchmark index falling 277.16 points. Realty, banking and telecom stocks were among the worst losers. 
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| Business class travel on the rise globally Posted: 23 Apr 2012 03:12 AM PDT The International Air Transport Association (IATA) released its premium travel monitor for February 2012 on Thursday with the positive news that it had recorded an increase in business passengers for the said month. 
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| India Post offers 6% discount on gold coins Posted: 23 Apr 2012 02:31 AM PDT India Post is offering a six percent discount on gold coins on the occasion of Akshaya Tritiya across its 31 designated post offices in the national capital. 
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| 6% discount on gold coins on Akshaya Tritiya Posted: 23 Apr 2012 02:31 AM PDT India Post is offering a six percent discount on gold coins on the occasion of Akshaya Tritiya across its 31 designated post offices in the national capital. 
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| Posted: 23 Apr 2012 01:59 AM PDT Sensex, the benchmark index for equities markets was trading 181.82 points or 1.05 per cent down on Monday, amidst a choppy session ruled by major selling pressure. 
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| Infosys shares dip amid US scrutiny Posted: 23 Apr 2012 12:00 AM PDT Shares of Infosys on Monday slipped by about 2% on concerns that the company may face further heat as US' department of homeland security (DHS) is reviewing its employer eligibility after finding errors in identity verification forms of some of its staff. 
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| Vodafone agrees to buy Cable & Wireless Worldwide Posted: 22 Apr 2012 11:45 PM PDT Vodafone on Monday agreed to buy corporate telecoms company Cable & Wireless Worldwide (CWW) for 1.04 billion pounds ($1.68 billion) in a deal that adds a British fixed line network to its wireless network. 
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| Sensex down 21.31 points in afternoon trade Posted: 22 Apr 2012 11:43 PM PDT The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,347.76 points, was ruling 17,352.53 points around 11.45am, down 0.12 per cent. 
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| Posted: 22 Apr 2012 11:35 PM PDT Swiss food giant Nestle said on Monday it has agreed to pay $11.85 billion to acquire infant food maker Pfizer Nutrition, which generates about 85 percent of its sales from emerging markets. 
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| Philips Q1 profits rise on Senseo asset sale Posted: 22 Apr 2012 11:26 PM PDT Royal Philips Electronics NV says its first quarter earnings rose sharply due to a deal with Sara Lee Corp in which Sara Lee licenses the rights to their jointly developed "Senseo" coffee maker brand for nine years. 
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| Sensex up 68 pts on fresh buying Posted: 22 Apr 2012 10:48 PM PDT The BSE benchmark sensex gained 68 points in the late morning trade on buying in refinery, consumer durables, capital goods and banking stocks. 
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| Will your salary structure be changed due to GAAR? Posted: 22 Apr 2012 10:07 PM PDT Tax authorities could use the rules, known as the General Anti-Avoidance Rules, or GAAR, to question the manner in which salaries have been structured. 
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| Volvo to launch 10 new models in China by 2020 Posted: 22 Apr 2012 09:39 PM PDT Volvo plans to launch 10 new models in China by 2020, its chairman, Li Shufu, said on Monday on the sidelines of the Beijing Autoshow. 
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| Rupee down 3 paise vs dollar in early trade Posted: 22 Apr 2012 09:25 PM PDT The rupee marginally down by 3 paise to Rs 52.10 per dollar on the Interbank Foreign Exchange in early trade on Monday on increased demand from importers for the American currency. 
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| Sensex gains 37 points, RIL recovers Posted: 22 Apr 2012 09:16 PM PDT The BSE benchmark Sensex recovered by nearly 37 points in early trade on Monday on selective buying by funds and retailers. 
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