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Archive for the ‘business’ Category

Green job hiring to be up by 60% in 2012

With ‘global warming’ becoming a major concern world over, hiring of green professionals is likely to grow by up to 60 per cent this year, say experts.

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Indian Inc optimistic about growth

The business outlook of Indian entrepreneurs for 2012 is resilient despite economic turmoil the world-over, with “unreserved optimism” for the growth prospects of the Indian economy this year, says a survey by global consulting major Grant Thornton.

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War in Indian small car market

At least seven auto makers will launch small cars in the Rs 2-4 lakh price band over the next few months.

While Japan’s Honda will launch the Brio on Tuesday, Korean giant Hyundai is expected to unveil its Eon during the Diwali week.

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Reliance to invest $ 30 billion

As per the report by the news agencies, it is learnt that the Billionaire Mukesh Ambani’s led Energy major, Reliance Industries India is abou to go for the major investments in India over 5 years period, The investment amounts to USD 30 billion.
Reliance will invest  mainly in petrochemicals, exploration and production and telecom businesses.

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CEOs confident of growth: PwC

It is reported in PTI that the business tycoons are confident of witnessing growth at pre-financial crisis levels in 2011, driven by the potential in emerging economies like India.

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Indian corporate to investment to the tune of 15 lakh crore in Gujarat

In a summit in Gujarat called ‘Vibrant Gujarat’, various business
tycoons made a commitment of investing Rs. 15 lakh crore over years in
Gujarat on the first day of the summit.

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E&Y survey says Indian businesses will see intense competition in the next future

It is reported in Economic Times that, according to report released by Ernst & Young, despite of global economic recovery market will see more challenging environment. The market will be more competitive over the next two years.

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Post Coal India IPO, Union government hope for more foriegn investments in coming IPOs

The Coal India IPO, which opened to tremendous response not only attracted the domestic investors but also the overseas one.
The IPO by coal India was oversubscribed.

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39 Indian companies make to Forbes ‘Best Under A Billion’ Asia list

With 39 Indian companies in Forbes ‘Best under A Billion’ Asia list India is placed on the second position.

India is in second place with 39 entries, 19 more than last year, this number makes India the biggest gainer.

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The Real Slum Dog Millionaire

Patak’s is a household name in Britain today.  It is the brand name of curry pastes and spices.  Patak’s sells ready meals too, to major supermarkets in UK, Europe and North America.   In 1950, a Gujarati Brahmin, Laxmishanker G.

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IOB hiked deposit rates, Central Bank reduces rates of loan for doctors, revise deposit rates

On Monday Indian Overseas Bank (IOB) has revised its deposits interest rate. The revised rates will be effective from March 15. As per revised rates for deposits of less than Rs 1 crore for tenure of 270 days and less than one year, the rate has been fixed at 6%, while for one year to less than five years at 6.75% and five years and above at 7.25%.

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MFs dig infra for big bucks

The mutual fund industry didn’t get anything from the finance minister, but that has not stopped them from exploring how they could work out some of the other proposals in direct taxes to their advantage .

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Slowly banks are raising fixed deposit rates

In the coming months fixed deposit can again be a good investment option as the deposit rates are on their way up. But the things will get better in fiscal 2010-11.

Last week HDFC Bank had raised its deposit rates by 25-150 basis points (one basis point equals one-hundredth of 1%) across various terms.

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Use FD overdraft to pay for big purchase deals

To make payment of big purchase deals go for overdraft facility rather than taking personal loan or swiping a credit card. In case of personal loan or credit card you have to pay high interest.

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IDBI Bank raised deposit rates, introduced new slab of 500 days

IDBI Bank has increased its deposit rates by 25 basis points (bps) and has also added a new slab of 500 days offering 7 per cent rate.

Before IDBI bank, Union Bank of India, ICICI Bank and Jammu & Kashmir Bank (J&K Bank), have raised their deposit rates.

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