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Coffee export up 57% in Jan-Sept period of 2010
India s coffee export surged by 57 percent in the first nine months of this year to 2.05 lakh tonnes on the back of increased demand from overseas market, according to the Coffee Board data.
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EPFO Trustees decision final on PF investments: Harish Rawat
The Labour Ministry on Friday said it would abide by the decision of the Central Board of Trustees on whether a portion of Rs 5 lakh crore of provident funds should be invested in stock markets or not.
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LIC eyes Rs 795 cr collection from Chandigarh division
Life Insurance Corporation of India s handigarh division is eyeing an over 20 percent growth in collection from first premium and pension products at Rs 795 crore in the current fiscal.
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Sensex sheds 17 pts as foreign funds play spoilsport
Sensex closed almost flat Friday in volatile but range bound trade. Broader markets, however, continued to see robust buys.
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SC rap: Govt to allot 2.5 MT foodgrains for BPL families
Acting on the directive of the Supreme Court, government on Thursday decided to release an extra 2.5 million tonnes of foodgrains to states for distribution among the poor but it will not not be free.
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At this SBI branch, it takes Rs 1 cr to open an account
After wooing the urban poor here with its One Rupee Bank account, State Bank of India is now aggressively targeting the crorepatis.
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FIIs pump in USD 2.5 bn in Indian stock market in August
Maintaining their bullish stance for the third month in a row, global fund houses made a net investment of Rs 11,685 crore in Indian equities in August.
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Sunil Mittal s son joins Bharti Airtel
Leading Indian mobile operator Bharti Airtel has appointed the son of its billionaire founder chairman as a manager, setting the ball rolling for his eventual succession of the USD 27 billion company.
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Over 110,000 firms shut down in Spain
The economic recession forced a total of 110,058 Spanish companies to go out of business, the ministry of labour and immigration has said.
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Sugar ind ready to support ethanol blending drive
The sugar industry has offered to supply around 1,000 million litres ethanol to oil marketing companies for blending it with petrol. This is more than the 860 million litres required for blending the government prescribed five per cent ethanol with petrol.
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No capital inflow concerns for now: RBI
There is no concern over capital inflow slowing for now, Reserve Bank of India Deputy Governor KC Chakrabarty said on Friday.
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Cipla to buy 25% in S Africa unit
Cipla, the largest player in the domestic drug market, could play white knight for Cipla Medpro, South Africa s third largest drugmaker and a key ally of the Indian company.
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Bernanke takes blame for muddling message on Lehman
Federal Reserve Chairman Ben Bernanke said he was partly to blame for leaving the wrong impression that the central bank could have saved Lehman Brothers from failure in 2008.
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DTC lightens evasion penalties
NWhile the tax burden for an average taxpayer will lighten marginally, for tax evaders the Direct Taxes Code proposes to reduce penalties substantially.
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Burger King to be sold for $3.26 bn
Burger King Holdings Inc., the nation s perennially No. 2 hamburger chain, said Thursday that it is selling itself to little-known private equity firm 3G Capital in a deal valued at USD3.26 billion.
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Group not pushing me out, my desire to quit: Tata
Asserting that he was not being pushed out as chairman of the $71 billion conglomerate Tata Group, Ratan Tata said that he opted out of the selection committee to avoid giving the impression that he is influencing the succession plan.
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Sensex up 78 points in the opening trade
The Bombay Stock Exchange benchmark Sensex rose over 78 points in the opening trade on Friday, extending its winning streak for the third straight session, led by buying by funds and retail investors, especially in technology stocks.
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Bangalore, Hyderabad airport cities are ready to take wing
It s been a little over two years now that the back to back opening of steel and glass Bangalore International Airport and Hyderabad International Airport revolutionised the gateways to a modern India. Today, both are poised for major expansion.
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China, India urge stability of major currencies
Maintaining the relative stability of major reserve currencies and ensuring fiscal sustainability are important in order to achieve strong and balanced global growth, China and India said on Thursday.
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Samsung to challenge iPad with own tablet
Samsung Electronics first tablet computer will go on sale in two weeks, it said on Thursday, joining the hunt to challenge Apple s iPad.
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