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Credit turmoil fails to hit Indo-US investment climate
Monday, 06.30.2008, 01:15am
NEW YORK: The credit turmoil that has affected the world economic markets has not slowed enthusiasm for US investment in India, or Indian investment in the US, by taking measure of the enthusiasm by which K.V. Kamath, the Confederation of Indian Industry's |
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Tata acquires 50 pc stake in Chinese telecom firm
Sunday, 06.22.2008, 11:23pm
MUMBAI: Tata Communications said that it has acquired 50 percent stake in a Chinese telecom company, China Enterprise Communications, for an undisclosed sum."We have signed an equity joint venture agreement with the shareholders of China Enterprise Communications, which will become |
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Honda launches first hybrid car in India
Sunday, 06.22.2008, 11:21pm
NEW DELHI: Making a statement of its commitment to protect the environment, Japanese car major Honda launched the first hybrid car in India, Civic Hybrid, priced at Rs 21.5 lakh (ex-showroom, Delhi). |
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Wal-Mart named as retailer of year
Sunday, 06.22.2008, 11:17pm
NEW YORK: The Indian Diamond and Colorstone Association (IDCA) held its 24th annual gala awards dinner at the Venetian Hotel in Las Vegas, NV attended by over 600 leaders in the industry. Award recipients included the world's largest retailer, |
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Indian realty mart to adopt green building practices
Tuesday, 06.17.2008, 11:01pm
BANGALORE: Driven by changing dynamics, the Indian realty market will undergo a transformation and adopt "green building practices," a new way by which building use natural resources such as water and energy and reduce adverse impact on environment. |
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Japanese firm takes over Ranbaxy; Singh family exits
Sunday, 06.15.2008, 10:02pm
NEW DELHI: Marking the largest ever deal in Indian pharma industry, Japanese drug firm Daiichi Sankyo announced the acquisition of more than 50 percent in domestic major Ranbaxy for over Rs 15,000 crore. |
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Another car launch in India - new Audi A4
Sunday, 06.15.2008, 10:01pm
NEW DELHI: After the launch of the new Mercedes C class, BMW also facelifted the 3 series and rationalized the prices to stay up in the competition and now the Indian market is all set to confront the launch of the new Audi A4 next month. After successfully starting the production of the world's most successful luxury midsize sedan |
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Indian air carriers told to consolidate or exit
Sunday, 06.08.2008, 10:51pm
ISTANBUL: With jet fuel prices on an upward spiral globally, a top aviation expert and an industry leader has said consolidation or restructuring was the way to go for Indian carriers to beat losses and stay afloat.
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Vodafone acquires Alltel for $ 28.1 bn
Sunday, 06.08.2008, 10:50pm
LONDON: British telecom giant Vodafone said that Verizon Wireless and its affiliate in the US, will acquire American rural mobile major Alltel in a deal valued at 28.1 billion dollars.Alltel is the 5th largest mobile operator in the US, with over 13 million customers across 34 states. Commenting on the deal, Vodafone's outgoing CEO |
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MetLife highlights its key schemes
Sunday, 06.08.2008, 10:49pm
SAN FRANCISCO: At a media briefing, MetLife leaders highlighted some of the key insurance and financial services and products available to consumers and the importance of a trusted financial services representative to assist people. |
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