| D&B launches 'trust seal' for smaller units | 24-NOV-09 |
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| When an overseas customer wishes to do business with an entrepreneur in India, the customer may not be sure about the credibility of the entrepreneur. What helps is a recognised neutral third party validating the entrepreneur and his business. |
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| Indonesia seeks enhancement of trade ties | 24-NOV-09 |
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| Indonesia, a member of Association of South East Asian Nations (ASEAN), wants to enhance its trade relations with Orissa. It has extended invitation to entrepreneurs from Orissa to invest in sectors like food and beverages, sea products processing, textile and textile products, footwear, rubber and rubber goods, electrical appliances, petro-chemical and mining. |
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| Symbiosys Tech to add 230 seats | 24-NOV-09 |
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| Software exporter Symbiosys Technologies is planning to add another 220-230 seats by 2011. The company has set up its offshore development centre at the Visakhapatnam IT Special Economic Zone with an investment of Rs 20 crore. |
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| Analysts' corner | 23-NOV-09 |
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| Bharat Electronics’ (BEL) order backlog at the end of October 2009 stood at Rs 12,260 crore, up 18 per cent from Rs 10,390 crore as on April 1, 2009. The company has seen healthy order inflows of Rs 3,950 crore in the first half of 2009-10 and expects more to follow in the second half. Nevertheless, some of the orders received also relate to “off-set clause” as per the new defence procurement policy. The brokerage feels that the “off-set provision” for defence procurement has opened new avenues for the company’s growth. |
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| RIL may fuel India Inc's overseas M&A drive | 23-NOV-09 |
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| With signs of green shoots showing in economies worldwide, India Inc’s appetite for overseas acquisitions got a fresh lease of life with Reliance Industries’ estimated $10-12 billion offer for a controlling interest in bankrupt LyondellBasell Industries. |
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| The inefficient pair | 23-NOV-09 |
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| A recurring divergent performance on an equity pair could redefine alpha. |
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| Racing ahead | 23-NOV-09 |
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| While robust demand and availability of credit has boosted auto volumes in recent months, higher interest rates and reversal of excise duty cuts may play spoilsport. |
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| Australian institute for research, collaboration | 23-NOV-09 |
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| The Australian government has provided over A$8 million to fund the creation of the Australia-India Institute at the University of Melbourne. The institute is a platform to support research, training, executive briefings and policy advice for the benefit of both countries, according to Australia-India Institute Deputy Director John Webb. |
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| All that Jazz | 22-NOV-09 |
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| It’s that time of the year, when jazz musicians from around the world gather in India, tune their instruments, and begin to jam. Kicking off the season is Jazz Utsav ’09, organised by Seagram’s 100 Pipers and Capital Jazz in Mumbai, Delhi and Bangalore over this weekend. |
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| ICICI to raise funds for overseas business | 20-NOV-09 |
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| India’s largest private sector lender, ICICI Bank, is planning to raise funds for its overseas branches through five-year dollar-denominated senior unsecured notes issued through its Bahrain branch. |
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