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IMF blames inaction for slump

International Monetary Fund (IMF) on Friday blamed concerns over governance for affecting the business sentiments in India and called for renewed efforts to revive flagging structural reform agenda in

Biz sentiment improves among Asia firms, Indian companies optimistic

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Business sentiment among Asia's top companies improved dramatically in the first quarter following three straight quarterly declines, buoyed by signs of recovery in the United States and some steadyin

India is a land of billion opportunities: Ambani

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Calling young management graduates to create a new India, Reliance Industries Chairman Mukesh Ambani on Saturday said that India is a land of billion opportunities and not a billion problems.

"These

Facebook to unveil new ad offerings

New, potentially lucrative advertising opportunities are coming to Facebook as a prelude to its initial public offering of stock. The idea is to lure big brands with the promise of effective, precisel

US CEO gives up $100mn payout

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The ex-chief executive of drilling rig operator Nabors Industries gave up a $100 million departure payout after shareholder complaints of excessive pay, the company said on Monday.

Eugene Isenberg, s

Japanese auto suppliers fined for price fixing

Two Japanese auto parts suppliers will pay more than a half billion dollars for price fixing in a vast conspiracy in the US automotive market, the Justice Department said Monday.

Yazaki Corporation a

Business confidence declined: CII survey

Uncertainty surrounding the global economy, rising inputs cost and high interest rates had led to a decline in business confidence during the quarter that ended December 2011, says a survey by the Con

SEBI to reform IPO norms to check volatility on listing day

Capital markets regulator Securities and Exchange Board of India (SEBI) on Thursday said it is in the process of reforming the initial public offer (IPO) norms to ensure minimum price volatility on th

Sensex makes progress to 96pts

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The BSE benchmark Sensex snapped a three-day losing streak to rise 96 points in early trade on friday on fresh buying in banking, PSU, teck, auto, IT and consumer durable stocks in the wake of a sharp

India's external debt rises to $326.6 bn

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India's external debt climbed 6.6 percent to $326.6 billion by September end from $306 billion at the beginning of the current financial year on account of a sharp increase in commercial borrowings, e

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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.