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Skoda to drive in Laurin
MAKE way Mondeo, move over E class Mercedes. Czech car maker Skoda Auto India is revving up with a spate of launches which, says the Managing Director, Mr Imran Hassen, will have the competition eating its heart out. Car lovers with a passion ...
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Additional excise duty on sugar, tobacco may go
THE Finance Ministry is set to accept the recommendation of the Kelkar panel for dispensing with the Additional Excise Duty (AED) on sugar, textiles and tobacaco imposed in lieu of sales tax. States would, instead, be allowed to tax AED items ...
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Petrol, diesel prices slashed
PETROL and diesel prices have been slashed by around 60 paise per litre, effective midnight November 30/December 1, 2002 across the four metros. According to oil marketing companies, the decrease in prices is the result of a fall in ...
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Forex reserves rise $564 m
FOREIGN exchange reserves rose by $ 564 million to touch $ 66.588 billion for the week ended November 22, 2002, as compared to $ 66.024 billion in the previous week, according to the latest figures released by the Reserve Bank of India. "The ...
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No accounts for AGM as CESC awaits tariff details
THE annual general meeting of CESC Ltd, an RPG group company, will be held on December 20, but no accounts would be placed for the minority shareholders to discuss and dissect. In a notice to the shareholders, the company has said pending the ...
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Botch-up mars plans of Western Union
THE Foreign Investment Promotion Board's approval to Western Union Financial Services International (WEFSI) to start domestic money transfer (DMT) business in the country has turned out to be an interesting example of a botch-up while approving ...
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IGF seeks probe into Grasim's end use of funds
THE Securities Exchange Board of India as well as the Department of Company Affairs should enquire into the end use of funds lent to Grasim by HDFC Bank and Bank of America, the Investor Grievances Forum demanded on Saturday. If these funds ...
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Mobile ATMs in offing
A COUPLE of years ago, when we asked a private bank executive about what the prospects of mobile (cellphone) banking for his bank were, he misunderstood the question, leading to a hilarious situation. Saying that it was still premature to ...
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Dress code? Forget it
PERCEPTIONS differ, and widely at that. In Japan, as also in South Korea, most of the manufacturing companies such as the automobile majors have for years adopted a common company dress code. From the top boss to the lowly worker at the shop ...
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