'Iran cannot trust the USA because it considers the USA to be Israel-controlled. And no, the IRGC is not going to accept anything else but major US concessions.'
Albanese said India had lost a lot of market share in iron-ore.
With plummeting commodity market and share prices, mining behemoth Rio Tinto on Wednesday said it is trimming its global workforce by 14,000 employees as part of a slew of measures to reduce its debt of $10 billion by the end of 2009.
Albanese, 56, will take the helm on April 1.
The shareholders will also get one redeemable preference share in Vedanta Ltd
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Cairn India said the company board has accepted Elango's resignation.
India Inc is encouraged by a determined Budget.
'It is my duty to give the govt the right price of crude oil.'
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