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| Koda scam forces banks to tighten cash norms | 22-NOV-09 |
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| The recent case of Union Bank of India getting caught in the crossfire in Madhu Koda dealings has put banks on high alert and most were looking to tighten their scrutiny of transactions, especially those involving large cash movement, senior bank officials said. |
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| Banking regulation prime concern: Fed | 22-NOV-09 |
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| Federal Reserve officials are stepping up scrutiny of the biggest US banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the matter. |
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| Sreelatha Menon: 2012 and after for Ammu | 22-NOV-09 |
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| National Trust’s insurance scheme and a legal guardian programme gives hope to millions for parents who worry about the future of their mentally-disabled children. |
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| Surviving the nightmare | 22-NOV-09 |
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| As the nation prepares to mark the first anniversary of 26/11, a gripping documentary decides to tell the tale of some of its survivors. Discovery Channel will showcase Surviving Mumbai, a documentary on the brutal attacks that India’s financial capital faced last year. On November 26, at 8 pm, the channel will bring together candid, personal accounts from people who were caught in the terror attacks. |
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| Invest in fewer schemes | 22-NOV-09 |
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| I am a 65-year-old retired engineer and live with my wife, 58. Both my children are married and well-settled. My wife and I have a mediclaim policy of base value Rs 1 lakh each (now approximately Rs 1.5 lakh). We would like to be financially independent all our lives. Advise me as to any change required in my financial plan, particularly with regard to regular investment in mutual funds. |
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| Lagging behind in performance | 22-NOV-09 |
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| Quant funds should be used only for portfolio diversification, and are suited for high net worth investors. |
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| China's moment in the sun | 22-NOV-09 |
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| No one should be surprised by US President Barrack Obama’s genuflections to Chinese power and prosperity. For almost a year now Mr Obama has come to terms with the limits to US power and the reality of China’s. So it is not surprising that Mr Obama allowed his visit to China to be circumscribed by Beijing’s sensitivities and interests. |
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| Engineering expo aims Rs 100 cr biz for SMEs | 21-NOV-09 |
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| Vadodara's small scale engineering units can expect to get a boost from the upcoming Machtech 2010, an industrial exhibition that is expected to get over 250 small scale units to interact with the big guns in the business. |
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| Rolls-Royce scouts for second partner | 21-NOV-09 |
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| Rolls-Royce is looking to add a second engineering and design services firm in India to cater to its design requirements. Under the government’s $10-billion defence programme, Rolls-Royce has a commitment to offset 50 per cent of its research and development requirements to Indian design companies. |
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| VW backs Porsche contracts, paves way for merger | 21-NOV-09 |
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| Volkswagen AG’s supervisory board signed off on contracts for its takeover of Porsche SE in stages, clearing the way for Europe’s largest automaker to add the 911 sports car to its model line up. |
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| HC asks Bengal to explain occupation of schools by forces | 21-NOV-09 |
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| The Calcutta High Court today directed the West Bengal government to file an affidavit explaining its position on a PIL regarding occupation of 16 schools in Paschim Midnapore district by security forces engaged in anti-Naxalite operations. Treating the matter of thousands of children missing school due to their occupation as a very urgent matter, a division bench comprising Acting Chief Justice Bhaskar Bhattacharya and Justice Prasenjit Mondal directed the state to submit an affidavit by Tuesday. |
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