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Marriage of Regulators: Sebi absorbs FMC staff, to hire more

As it readies for the first ever merger of two regulators, markets watchdog Sebi has decided to absorb the existing staff of commodities regulator FMC and will begin hiring more from outside in 6-8......

Regulators fine global banks $3.4 bn in forex probe

Global regulators imposed penalties totalling $3.4 billion on five major banks, including UBS, HSBC and Citigroup on Wednesday for failing to stop their traders from trying to manipulate foreign......

US economy is growing within 5 years of collapse: Obama

US President Barack Obama has credited the turnaround of American economy to the historic reforms in the Wall Street, put in place after the catastrophic financial crisis in 2008. Five years after......

Barclays agrees to pay $451 million fine

Barclays has agreed to pay 290 million pounds ($451 million) worth penalties to the US and the UK authorities towards settling charges of attempting to manipulating Libor and Euribor rates, the......

G-20 nods India view; to continue stimulus package

Taking on board the concerns of India and other countries, leaders of the G-20 countries comprising the world's major economies have decided to continue the stimulus package to quicken global......

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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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