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Why Tata Sons pledged Rs 2,600 cr worth of shares

Tata Group's holding company, Tata Sons, has pledged shares worth over Rs 2,600 crore (Rs 26 billion) in three flagship group companies. On December 24, Tata Sons pledged 11 million shares in Tata......
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Greece defaults on IMF payment; future funding dries up

IMF spokesman Gerry Rice said Greece can now only receive further funding from the global lender once the arrears are cleared. He confirmed that... ...
Greece Calls Referendum on Bailout Terms -- Update

By Marcus Walker And Stelios Bouras ATHENS--Greek Prime Minister Alexis Tsipras called a surprise referendum for July 5 on the tough economic... ...
How much does Greece owe to international creditors?

Private investors hold 38.7 billion euros of Greek government bonds following a major write-down and debt swap in 2012 that reduced the Greek debt... ...
Federal Reserve says US economy strong enough to handle rate hike

The US economy is growingmoderately after a winter swoon and likely strong enough tosupport an interest rate increase by the end of the year,... ...
"Outlook for European stocks inspires confidence"

Comments June 11, 2015 - London Bellevue Asset Management /A new day is dawning in Europe: "Outlook for European stocks inspires confidence" .... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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