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'India only gives moral support to Balochistan'

Dr Jumma Khan Marri is a Baloch political leader and son of the legendary Baloch leader Mir Hazar Khan Marri who led the Baloch freedom struggle in the 1970s and 1980s. Dr Marri did his schooling......

REC gets infrastructure finance company status

State-run Rural Electrification Corporation on Monday said the Reserve Bank has granted it the infrastructure finance company status which would allow the firm to lend more to power projects. The......

REC, PFC to enter into banking segment

State-run power sector lenders Power Finance Corp and Rural Electrification Corp are mulling a foray into the banking space, a move that would foster greater competition in infrastructure......

REC FPO to raise Rs 2,900 crore

A follow-on public offer of the state-run Rural Electrification Corp to raise around Rs 2,900 crore (Rs 29 billion) is likely to come up by the end of the current financial year (2009-10).The......

Investors see windfall from India's restructured discom bonds

Restructured debt from Indian power distributors lures investors Investors are flocking to buy bonds formed from the restructuring of loans to Indian state power distribution companies, or discoms,......

Govt lines up 12 PSUs for stake sale in 2015-16

Government has shortlisted about a dozen PSUs including IOC, National Fertilizers, MMTC, Hindustan Copper and ITDC for stake sale to achieve the current fiscal's disinvestment target of Rs 41,000......
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Tax on capital gain depends on period of holding the asset

If the capital asset is held for 36 months or less, the same will be considered as a short-term capital asset and hence, taxable on normal tax... ...
Sensex, Nifty rise for sixth session; remain near 1-1/2 month highs

MUMBAI The BSE Sensex and Nifty edged higher on Wednesday, marking their highest level in nearly 1-1/2 months, after oil explorers rose tracking a... ...
Punj Lloyd enters transmission, distribution segment

Diversified group Punj Lloyd has forayed into the power transmission and distribution sector as it bagged two projects in the segment from Power... ...
Firms raise Rs 2.42 lakh cr in Apr-Sept via private placement of corp bonds

The corporate bond market seems to have become the most preferred route for raising funds, with firms having borrowed a whopping Rs 2.42 lakh crore... ...
Indian equities, rupee surge on hopes of Fed deferring rate cut

Indian equities rose two per cent, while the rupee climbed to a six-week high against the dollar on Monday, tracking gains in global indices as... ...

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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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