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Rains "log out" several IT firms in Bangalore

Many information technology firms in the city including one office each of the Wipro and Hinduja TMT, were flooded on Tuesday following the heavy downpour.The Wipro's office on Hosur Road was......

Deal Street eyes busier new year

A slowing economic growth notwithstanding, the M&A deals announced by Indian companies have crossed Rs 2 trillion mark in 2012 and a stronger deal momentum is expected in New Year on the back of......

Satyam directors feel the heat

Independent directors of Satyam Computers, who agreed to the company's proposal of buying out two promoter-related companies, failed to be independent in 'spirit', industry captains said.......

How demerging has made them richer than ever

Cashing in on a booming stock market over the last couple of years, promoters of Indian companies have been busy unlocking value from their businesses. As a result, they have become wealthier by......

FDI's hide and seek with cable

If you thought that international cable television majors such as Liberty Media and Comcast Corporation will line up to invest in the Indian cable TV industry after the government's proposal to......

Sensex ends down 87 points at 19,698

Mirroring weakness in the global markets, the Sensex opened with a negative gap of 182 points at 19,603, and soon slipped to a low of 19,473 - down 312 points from the previous close.Selective......

Indian films lauded at Cannes party

Aishwarya Rai and several other film personalities attended a reception at Cannes to celebrate Indian films and their contribution to international cinema.The actress, who is a member of the Cannes......

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