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Hero eyes 50 new markets, Rs 60,000-cr turnover by 2020

Pawan Munjal says will launch 12 new models in the next two quarters

Banks can be insurance brokers subject to RBI approval: Irda

The licence, once granted, will be valid for three years

RBI doubles dividend payout to government

The central bank pays Rs 33,000 cr to govt as surplus profit for the year ended June

Antony issues stronger statement after Opposition pressure

The govt let some BJP leaders review the statement before Antony read it out

BJP's Andhra unit makes Modi 'poster boy'

Banners featuring only Gujarat chief minister to be used at Sunday's Hyderabad meeting

BJP, TDP MPs protest over disruptive notice in Rajya Sabha

The 20 BJP and two TDP MPs had disrupted proceedings during a discussion on the creation of a separate Telangana

Cabinet okays leasing option in land Bill

One change would provide states with a lease option in place of acquisition

Green signal to women bank

Approves new fund scheme for IITs, IISc, defers NHPC disinvestment

Vedanta Resources to raise $1.2 bn next week to refinance loan

Month-long extension for drug firms only to relabel stocks

The move comes in the wake of the industry complaining that the 45-days time period was too short to liquidate existing stocks from the market and replace these with newly-priced medicines

Sterlite's Tamil Nadu smelter resumption confirmed

The factory was asked to close in end-March by the Tamil Nadu Pollution Control Board

CAG heat on ONGC for hiring rig from RIL

ONGC had hired RIL's rig 'Actinia' with expenditure of Rs 146.71 crore from February 2009 to July 2009 to drill three locations

Micromax chief to week's CBI custody

Rajesh Agarwal, Manish Tuli were arrested while allegedly giving bribe of Rs 30-lakh to engineers of North Delhi Municipal Corporation

Jet Airways ends in red on weak rupee, high costs

Posts Rs 348-cr consolidated loss in June quarter

Bengal says RIL keen on open auction for Haldia stake sale

RIL's proposal for open auction comes shortly after RIL chairman Mukesh Ambani met West Bengal chief minister Mamata Banerjee

Cherian Varghese resigns from Federal Bank board

July another big outflow month for equity mutual funds

Prior to this, months of May and January witnessed heavy outflows

NIC & Nasscom invite entrepreneurs to create apps using open govt data

NIC and the Dept of Electronics and Information Technology have set up the data portal and have been implementing an open government initiative

Newsmaker: Sameer Suneja

Humour is his ladder to success

State-run firms meet public float requirement

Govt sold shares in 4 PSUs last week, 5 ailing cos got Sebi relaxation