Telenor not to quit India |
- Telenor not to quit India
- Core sector growth slows
- Anshu Jain takes over as co-CEO at Deutsche
- Wardrobe malfunctions at the workplace
- New pay, career norms for AI-IA likely today
- IRDA wants insurers to give health cover up to 65 yrs
- India jolted as growth slumps to near-decade low
- Gold set for worst May performance in 30 years
- Rupee rallies on RBI oil talk; officials deny
- Kingfisher posts worst-ever quarter
- Sensex tumbles 193 pts on heavy selling
- Kingfisher Airlines Q4 loss more than trebles
- Sensex down 148 points in early trade
| Posted: 31 May 2012 07:28 PM PDT Norway's Telenor on Thursday hinted it had dropped plans to exit India and would participate in the upcoming spectrum auctions with a new partner after scrapping its existing joint venture with real-estate developer Unitech Ltd. 
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| Posted: 31 May 2012 05:03 PM PDT Growth in the eight core industries slowed in April, pointing to more stress for the industrial sector, which is witnessing a prolonged phase of sluggishness. 
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| Anshu Jain takes over as co-CEO at Deutsche Posted: 31 May 2012 04:57 PM PDT Deutsche Bank chief Josef Ackermann officially stepped down on Thursday, ending a decade-long reign as head of Germany's biggest bank during which he repeatedly courted controversy. 
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| Wardrobe malfunctions at the workplace Posted: 31 May 2012 04:56 PM PDT Over the last 20 years, women's workplace attire has progressed from the locally tailored salwar kameez to ready-to-wear dress suits. Now, western work-wear (or some fusion version thereof) has become entrenched in the Indian office. 
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| New pay, career norms for AI-IA likely today Posted: 31 May 2012 04:51 PM PDT The government likely to announce the new pay and career progression norms for employees of erstwhile AI and Indian Airlines to ensure parity in the merged national carrier. 
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| IRDA wants insurers to give health cover up to 65 yrs Posted: 31 May 2012 09:10 AM PDT Sectoral regulator IRDA has proposed to make it mandatory for health insurers to provide policy cover to people up to 65 years and settle all claims within a month. 
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| India jolted as growth slumps to near-decade low Posted: 31 May 2012 04:46 AM PDT India's economy grew at a near-decade low of 5.3 per cent in the January-March quarter, data showed Thursday, as high interest rates and the global downturn hit the emerging market giant. 
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| Gold set for worst May performance in 30 years Posted: 31 May 2012 04:05 AM PDT Gold rose back above $1,570 an ounce on Thursday as expectations of an Irish vote in favour of Europe's fiscal pact lifted the euro. 
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| Rupee rallies on RBI oil talk; officials deny Posted: 31 May 2012 03:39 AM PDT Rupee spiked, breaching 56 to the dollar, on market chatter that the central bank has asked state oil companies to restrict purchases of dollars through four state-run banks. 
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| Kingfisher posts worst-ever quarter Posted: 31 May 2012 12:00 AM PDT India's Kingfisher Airlines' posted its worst-ever quarterly loss on Thursday, as huge cuts in the number of flights compounded the woes of a cash-strapped carrier facing high fuel prices and intense competition for low fares, sending its shares down to record lows. 
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| Sensex tumbles 193 pts on heavy selling Posted: 30 May 2012 11:42 PM PDT Sensex tumbled by 193 points to 16,119.55 at 1100 hrs due to persistent selling pressure mainly from auto, refinery, banking, consumer durables and IT sectors. 
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| Kingfisher Airlines Q4 loss more than trebles Posted: 30 May 2012 11:40 PM PDT India's Kingfisher Airlines' fourth-quarter net loss more than trebled as huge cuts in the number of flights compounded the woes of a cash-strapped carrier facing high fuel prices and intense competition for low fares. 
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| Sensex down 148 points in early trade Posted: 30 May 2012 09:24 PM PDT The BSE benchmark Sensex fell by over 148 points in early trade on Thursday on continued selling by foreign funds as the rupee tumbled to a new all-time low of Rs 56.50. 
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