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FICCI suggests measures for 3-fold growth of capital markets

NEW DELHI: Increasing market participation, expanding issuers, streamlining processes and deepening product markets are the key elements that lead to a three-fold growth in India’s capital markets by 2020, a FICCI Report said today.

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IPL- lots is at stake

Kochi team owners have some explaining to do; so also the Union Minister of State Mr.Tharoor. Why has Ms.Sunanda Pushkar been given sweat equity in perpetuity worth Rs.70 crores according to present market rates? writes, D.M.Deshpande

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Assocham moots private entry in nuclear power

NEW DELHI: As participation of private players in nuclear power generation will take a longer time with amendments in Atomic Energy Act 1962, Assocham has urged the government to allow private sector involvement in electricity generation with minority state through a stake gradual and cautious approach.

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Toro Loco to be bottled in Goa

PANAJI: In Mexico, tequila is often drunk straight. Outside Mexico, that is in Goa feni is better drunk straight. So, what’s the difference? It is globally known that Tequila supports sustainable tourism in the region it is served.

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Country Club to invest Rs 100 cr in 4 properties

MUMBAI: Leading hospitality chain, Country Club India Ltd (CCIL), plans to invest around Rs 100-crore this fiscal in its latest venture -- Country Club Grand Fractional Ownership Club (CCGFOC), a top company official said.

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Mahindra eyes double-digit growth in 2-wheelers

MUMBAI: Mahindra & Mahindra (M&M) is eyeing a double-digit growth in its two-wheeler business in the next two-years and will also explore the inorganic growth route for expansion, a senior company official said.

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HDFC Bank retail loans grow 25% in FY 10

MUMBAI: Country’s second largest private sector lender, HDFC Bank has seen a growth of 25 per cent in its retail loan book in the last fiscal on the back of healthy demand from home, auto and personal loan segments.

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20 IIITs to come up on PPP mode

NEW DELHI: The HRD Ministry has prepared a public-private-partnership model for setting up 20 IIITs under which the expenditure could be shared in the ratio of 85 to 15 between the government and industry.

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India needs 2nd set of reforms

PANAJI: A second set of reforms are needed if India wants to go higher in its economy growth, said senior economic advisor of Ministry of Finance, Dr H A C Prasad.

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