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Cyclone Helen flattens 170,000 ha of rice crop

The highest rainfall, 19.1 cm, was recorded at Machilipatnam, where the cyclone made landfall

PayUPaisa brings a middleman solution for e-commerce

Currently, more than 60% transactions happen through cash on delivery, involving high transaction cost

Pfizer, Wyeth set 7:10 swap ratio for merger of India units

Pfizer India to issue approximately 15.9 million new equity shares to Wyeth India shareholdes

IndiGo plans flying small planes to small centres

Promoter says entry of AirAsia & Tata-SIA to put pressure on prices

AirAsia likely to get permit in Jan

DGCA to send team to Malaysia certify airlines operations there, wants recruitments completed

New products vital to fund infra projects: SBI chief

Curently most infra projects are financed with 8-10 year term loans while assets will have useful life of 25 years and beyond

Sebi plugs loopholes in share-pledging disclosures

Companies were using innovative methods to circumvent disclosure requirement: Sinha

Spectrum base price for next auction slashed 25%

Ministerial group shaves a quarter off March auction base price, but price still 18% higher than suggested by regulator Trai

FinMin admits fiscal slippage in first half

Chidambaram, however, has been maintaining that fiscal deficit will be contained at 4.8%

If I lose in Delhi elections, party will decide my fate: Sheila Dikshit

Incumbent Congress govt which has been in power since 1998 in quest for fourth term

CLSA, Credit Suisse see rosy future for Indian markets

Say coming elections to catalyse spike in equities

IRS Association objects to Kejriwal's statement on service, threatens action

Helen makes landfall, 6 dead as heavy rains lash Andhra coast

The weather department said the cyclone is expected to weaken in a few hours

Tele distress alarm device Nirbhaya launched

Once activated, the device could send SMSes to five chosen contacts about the user's location through the mobile

Cairn India board to discuss buyback plans next week

Move likely to help Vedanta Group incrase its stake in Cairn India

Gives nod for notifying net worth erosion to BIFR

Promoter TCG says it is still open to infusing funds to the cash-strapped petrochemical company

Diageo rejigs United Spirits portfolio

USL to exit unprofitable low-end brands to raise margins it had once sacrificed to boost margins

Investors bet big on Tata shares

Seem to be expecting a turnaround in previously troubled arms; TCS continues to be jewel in the crown

More essential drugs get duty exemption

Earlier in July, finance ministry had exempted excise duty only on first batches of scheduled drugs

NSEL scam: EOW attaches properties of NK Proteins

NKPL is biggest defaulters in NSEL case and owes over Rs 969 crore to spot exchange