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Coromandel in deal with Shell firm

Coromandel Internat-ional Ltd has signed a License Agreement with Shell Research Ltd for the Shell Thiogro technology to produce ammonium phosphate-based fertilisers containing elemental sulphur. This

Deora’s talks with petrol dealers fail

The talks between the petroleum ministry and the petrol pump owners on Monday failed to reach on any conclusion. “The talks have failed and we will go with our indefinite nation-wide strike from Septe

Licensing documents for KYC

Banks can now accept registration and licensing documents issued by the central or state governments as identification proof for opening proprietary accounts as per Know Your Customer norms, the RBI s

Diamond mining nod for Rio Tinto

The mines ministry said it will soon grant licence to global mining giant Rio Tinto to mine diamonds in Madhya Pradesh’s Bunder region. Rio Tinto has plans to invest `2,200 crore on a diamond mining p

Chola to raise `150cr from 6 firms

The Board of directors of the Cholamandalam Investment and Finance Company Limited, a Murugappa group company, seeks to raise `150 crore through preferential allotment of shares. It proposes to issue

Sun wins case against Israeli firm

Sun Pharma, which was fighting a takeover battle with Israeli pharma major Taro, on Wednesday said that the Supreme Court of Israel has given the ruling in favour of the company. The Court has unanimo

Vodafone gets HC flak in I-T case

The Mumbai High Court on Wednesday dismissed European telecom major Vodafone’s plea challenging the Rs 12,000-crore tax plus penalties demand of the income-tax department. Vodafone, through its group

L&T expects 17% step up yearly return

INFRASTRUCTURE MAJOR Larsen and Toubro (L&T) is expecting an internal rate of return (IRR) of 14 to 17 per cent from Hyderabad Metro Rail project.“Like in any other build, operate, and transfer (BOT)

NSE to offer trading on cellphones

In order to reach out to more customers, the National Stock Exchange (NSE) is gearing up to launch trading over mobile phones through nearly 800 registered brokers in early October, an NSE official sa

Coal India gets higher IPO ratings

CRISIL has assigned a CRISIL IPO Grade “5/5” (pronounced “five on five”) to the proposed initial public offer (IPO) of Coal India Ltd. This grade reflects Coal India’s dominant position with 81 per ce

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.