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Tunisia extradites former Gaddafi PM to Libya

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Tunisia extradited deposed Libyan leader Muammar Gaddafi's former prime minister on Sunday, said officials in Tripoli, making him the first senior official to be returned for trial under Libya's trans

L&T looking to sell stake in infrastructure unit

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Larsen & Toubro Ltd, India's biggest engineering conglomerate, is seeking to sell a stake in its infrastructure unit to help fund its expansion as economic growth drives demand for roads, ports and br

Moody's says India rating stable despite challenges

Moody's Investors Service on Monday said it was maintaining a stable outlook on India's Baa3 rating as problems such as slower growth and higher inflation were long-standing and already factored into

Sesa Goa, Sterlite merger gets shareholders nod

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Shareholders of Sesa Goa and Sterlite Industries -- both controlled by London-listed miner Vedanta Resources -- approved the plan to merge the group's various Indian arms into a single unit, the two c

Rupee measures fail to cheer market

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India took a handful of measures on Monday to support the embattled rupee but disappointed investors who had been hoping for bolder action to prop up a currency that hit a record low on Friday.

The R

Monsoon's impact on Indian economy

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The Indian Meteorological Department (IMD) has forecast an average monsoon in 2012, retaining its earlier forecast in April.

CLASSIFICATION

An average or normal monsoon means rainfall between 96 and

Small luxury firms make modest way to global market

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Poupie Cadolle's family has been making handmade lingerie in a workshop on Rue Saint Honore for five generations, with Qatari royals, American actresses and Swiss bankers' wives all crossing her doors

Syria downs Turkey jet over Mediterranean

Turkey and Syria said their Navies were jointly searching on Saturday for Turkish airmen shot down by Syria over the Mediterranean, while nearby Turkish authorities were hosting thousands of rebels fighting President Bashar al-Assad.

Euro's big four agree growth boost, split on bonds

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German Chancellor Angela Merkel resisted pressure on Friday for common eurozone bonds or a more flexible use of Europe's rescue funds but agreed with leaders of France, Italy and Spain on a 130 billio

Moody's downgrade gives edge to safe-haven banks

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Major ratings downgrades by Moody's will further divide the world's biggest banks based on their strength and access to cheap customer deposits.

The ratings released on Thursday by Moody's Investors

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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.