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India
LIC to infuse Rs 200 crore to Indian Overseas Bank
Life Insurance Corporation of India (LIC) is infusing Rs 200.04 crore into Chennai-based Indian Overseas Bank (IOB) by increasing its stake to 14.50% from 10.21%, said the loss-making public sector bank in filing with the BSE.
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India
Monsanto threatens to exit India over GM royalty row
Monsanto Co, the world's biggest seed company, threatened to pull out of India on Friday if the government imposed a big cut in royalties that local firms pay for its genetically modified cotton seeds. A government committee has recommended about a 70% cut in royalty , that the seed companies ...
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India
India poised for quantum leap in infrastructure: PM Modi
Concerted efforts are on to bolster growth in highways, information ways and railways, Prime Minister Narendra Modi said, at the launch of the Setu Bharatam project. In this project, 208 railway crossings are to be replaced by road over bridges by 2019.
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India
India poised for quantum leap in infrastructure: PM
India is set for a quantum leap in infrastructure and concerted efforts are on to bolster growth in highways, information ways and railways, Prime Minister Narendra Modi said launching the Setu Bharatam project. In this project, 208 railway crossings will be replaced by rail over bridges by 2019.
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India
Parrikar finds $3 bn lying forgotten in US account
New Delhi had placed the money in the Pentagon-managed account for weaponry it was buying under the Foreign Military Sales (FMS) programme
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India
India files trade dispute against US over temporary work visas
India has disputed measures imposing increased fees on certain categories of temporary work visas for US
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India
Jewellers extend pan-India strike till March 7
Govt has reimposed 1% excise duty on gems and jewellery sector without input credit and 12.5% with input credit
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Giappone
Nikkei retakes 17,000 amid caution before U.S. jobs data
Stocks closed moderately higher on the Tokyo Stock Exchange Friday amid a wait-and-see mood prior to the release of U.S. jobs data, with the benchmark Nikkei average ending above 17,000 for first time in about one month. The 225-issue Nikkei rose 54.62 points, or 0.32 percent, to 17,014.78, its first ...
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Giappone
ANA mulls introducing Haneda-New York flights in October
All Nippon Airways will consider launching direct flights linking Tokyo’s Haneda airport with eastern U.S. cities including New York from late October, airline President Osamu Shinobe said Friday. ANA hopes to take advantage of new takeoff and landing slots between 6 a.m. and 10 p.m. at the airport, to be ...
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Giappone
Facebook to ditch tax-reducing U.K. sales structure
Facebook said it would stop booking sales to U.K. clients via Ireland, a practice which reduced its taxes, following the British government’s introduction of a new tax on profits shifted offshore. In future, Facebook will report its U.K. sales in Britain. “In light of changes to tax law in the ...