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Business Standard | News Now
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The latest news from India's most respected business daily.
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IDBI Bank to raise $1 bn in 12-15 months
Public sector IDBI Bank plans to raise $one billion in foreign currency in the next 12-15 months, a top official of the bank said.
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L Infra eyes 50% growth this fiscal
L&T Infrastructure Finance Co Ltd is eyeing a disbursal growth of 50 per cent during the current financial year, a company official said.
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Kapil to sail into shipping logistic space
Former ace cricketer Kapil Dev is sailing into unchartered waters literally--boarding the shipping and logistics space by picking up a 30 per cent stake in Hamburg, Germany-based global shipping services operator Peter Doehle Group's domestic arm Doehle Danautic Logistics.
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Kingfisher to up 10% capacity from this winter
Private air-carrier Kingfisher Airlines plans to add over 10 per cent capacity from the coming winter schedule besides adding a couple of domestic and international routes, a senior airline executive said.
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India hopes for an amicable solution of visa issue with US
India today expressed hope that the issue of visa fees hike by the US, likely to make Indian IT companies less competitive in the American market, would be resolved amicably.
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States must give better financial security to teachers: Sibal
Pitching for better financial security to teachers in state government schools, HRD Minister Kapil Sibal today said unless this is given priority the country would not be able to "get the best minds".
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Rajasthan industry, IFC sign MoU to promote biz
Rajasthan Industry Department and International Finance Corporation (IFC), a World Bank Group member, have signed an MoU to promote the state as an attractive investment destination.
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International news for the week
Islamabad: Pakistan seeks some additional information from India on David Headley, the Pakistani-American LeT operative who has confessed to his involvement in the Mumbai attacks.
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China car mkt unlikely to sustain breakneck growth
China's car market will continue to grow this year but may not sustain the breakneck pace of last year, the chief executive of Ford Motor's China car venture said on Saturday.
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BP replaces failed blowout preventer on Gulf well
BP Plc successfully replaced a failed blowout preventer from atop its ruptured Gulf of Mexico oil well late on Friday, the top US official overseeing the spill response said.
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