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September 21: Behind the lens

  • September 21: Behind the lens

    September 21: Behind the lens

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<b>(From Left) Aduait Vaidya, head (product management), RIM India and Krishnadeep Baruah, director (marketing), RIM India at the launches of new BlackBerry Torch 9860 smartphone in India.</b>
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Research In Motion (RIM), the maker of BlackBerry smartphones, today launched BlackBerry Torch 9860 smartphone priced at Rs 28,490, featuring the new BlackBerry 7 operating system.
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"The BlackBerry Torch 9860 features many new enhancements, including the next generation BlackBerry 7 operating system and we think customers will be particularly thrilled by its faster performance," RIM India Managing Director Frenny Bawa said.
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With a 1 GHz central processing unit and a 3.7-inch display, the all-touch BlackBerry Torch 9860 is optimised for displaying Web pages, photos and videos, as well as delivering powerful gaming experience, the company said.
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It also delivers real-time communications and collaboration experience, besides high definition video recording,

    (From Left) Aduait Vaidya, head (product management), RIM India and Krishnadeep Baruah, director (marketing), RIM India at the launches of new BlackBerry Torch 9860 smartphone in India.

    Research In Motion (RIM), the maker of BlackBerry smartphones, today launched BlackBerry Torch 9860 smartphone priced at Rs 28,490, featuring the new BlackBerry 7 operating system.

    "The BlackBerry Torch 9860 features many new enhancements, including the next generation BlackBerry 7 operating system and we think customers will be particularly thrilled by its faster performance," RIM India Managing Director Frenny Bawa said.

    With a 1 GHz central processing unit and a 3.7-inch display, the all-touch BlackBerry Torch 9860 is optimised for displaying Web pages, photos and videos, as well as delivering powerful gaming experience, the company said.

    It also delivers real-time communications and collaboration experience, besides high definition video recording,

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<b>An employee checks currency notes inside a bank in Kolkata</b>
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Advance tax payments from India&#39;s top 100 companies have risen 9.9% on year at Rs 31,707 crore in the July-September quarter from the year ago period, a finance ministry official told reporters on Wednesday.
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Total advance tax figures for the April-September period now stand at Rs 93,000 crore, an increase of 9.4% from the year-ago period.
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Advance taxes are part of annual estimated corporate and income tax liabilities that are paid in four instalments on the 15th day of every quarter starting 15th March every year.
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The official also said the government hopes to meet the FY12 direct tax target of Rs 5 lakh crore.
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Direct tax comprises income tax, corporation tax and wealth tax.
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<b>(Picture by Reuters)</b>
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    An employee checks currency notes inside a bank in Kolkata

    Advance tax payments from India's top 100 companies have risen 9.9% on year at Rs 31,707 crore in the July-September quarter from the year ago period, a finance ministry official told reporters on Wednesday.

    Total advance tax figures for the April-September period now stand at Rs 93,000 crore, an increase of 9.4% from the year-ago period.

    Advance taxes are part of annual estimated corporate and income tax liabilities that are paid in four instalments on the 15th day of every quarter starting 15th March every year.

    The official also said the government hopes to meet the FY12 direct tax target of Rs 5 lakh crore.

    Direct tax comprises income tax, corporation tax and wealth tax.

    (Picture by Reuters)

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<b>A worker cleans a parked car at the Maruti Suzuki&#39;s stockyard on the outskirts of Jammu</b>
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Maruti Suzuki, the country&#39;s largest car maker, will invest nearly $1.3 billion to set up a new plant, likely in Gujarat, its chairman said.
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Global automakers are flocking to the business-friendly Gujarat recently, with Ford Motor and PSA Peugeot Citroen both announcing investment plans in the state in the past few months.
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"On one plant for a million capacity, which will be set up over a number of years, the investment will be close to $1.3 billion," RC Bhargava said.
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He said the company was looking at Gujarat as a potential location for the plant, but a final decision will be made only by end-October.
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<b>(Picture by Reuters)</b>
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    A worker cleans a parked car at the Maruti Suzuki's stockyard on the outskirts of Jammu

    Maruti Suzuki, the country's largest car maker, will invest nearly $1.3 billion to set up a new plant, likely in Gujarat, its chairman said.

    Global automakers are flocking to the business-friendly Gujarat recently, with Ford Motor and PSA Peugeot Citroen both announcing investment plans in the state in the past few months.

    "On one plant for a million capacity, which will be set up over a number of years, the investment will be close to $1.3 billion," RC Bhargava said.

    He said the company was looking at Gujarat as a potential location for the plant, but a final decision will be made only by end-October.

    (Picture by Reuters)

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<b>The US Federal Reserve Building is pictured in Washington</b>
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The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering US recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
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The central bank appears likely to try to push long-term borrowing costs lower by rebalancing its $2.8 trillion portfolio of bond holdings to weight it more heavily to longer-term securities.
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Such a move that would fly in the face of Republican objections to Fed activism.
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Top GOP congressional leaders wrote to Fed Chairman Ben Bernanke this week urging the central bank to desist from further economic interventions, echoing criticism voiced by Republican presidential candidates in recent weeks.
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Fed officials, however, believe that by shifting their bond holdings they could encourage mortgage refinancing and push investors into riskier assets, such as corporate bonds

    The US Federal Reserve Building is pictured in Washington

    The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering US recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.

    The central bank appears likely to try to push long-term borrowing costs lower by rebalancing its $2.8 trillion portfolio of bond holdings to weight it more heavily to longer-term securities.

    Such a move that would fly in the face of Republican objections to Fed activism.

    Top GOP congressional leaders wrote to Fed Chairman Ben Bernanke this week urging the central bank to desist from further economic interventions, echoing criticism voiced by Republican presidential candidates in recent weeks.

    Fed officials, however, believe that by shifting their bond holdings they could encourage mortgage refinancing and push investors into riskier assets, such as corporate bonds

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