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  • Business

Lavasa turns into a bad dream for banks

 Following its default in servicing loans, some banks have treated Lavasa Corporation account as non-performing asset in the fourth quarter, ended March 2012. Banking sources said lenders,......

Taxman's Rs 500 cr loss is Reliance's gain

 Questioning the assessment of profits of six companies, including two each of Reliance and Videocon, the Comptroller and Auditor General has pulled up tax authorities for lapses causing revenue......

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