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Qatar India
India to skip long-term gas pricing contract with Turkmenistan
India doesn’t plan to freeze a long-term price or formula for the gas it plans to buy from Turkmenistan using TAPI pipeline following a bitter experience with Qatar.
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India
India's per capita income to cross Rs 1 lakh in FY17
Per capita income at current prices was Rs 93,231 in FY16, up 7.3% from Rs 86,879 in the year before. It stood at Rs 71,050 and 79,412 in FY13 and FY14.
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India
How to make best out of small savings rate cuts
Experts warn of more pain for small savings investors as the government is going to align interest rates on small savings products on a quarterly basis now.
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India
Mallya saga: Debt row rich material for B-School studies
The Mallya saga has provided rich material for discussions of ethics, corporate governance, brand management, entrepreneurship and families at schools such as the Indian Institutes of Management (IIMs) and elsewhere, according to several faculty members.
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India
Vijay Mallya looking for debt repayment offer, likely to pay dues of Kingfisher Airlines employees
Employees were left high and dry when the airline promoted by Mallya stopped flying in 2012 even as he remained in the public eye for throwing lavish parties.
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India
IDBI to raise lower amount from LIC on Sebi formula
IDBI Bank will be able to raise only around Rs 850 crore through a preferential allotment to Life Insurance Corporation (LIC), against its earlier plan of Rs 1,500 crore, after the lender was forced to follow the Sebi-formula for issuing shares and was reminded that the insurer can at best ...
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India
RBI expected to cut rates by up to 25bps
Prospects for a lower interest rate regime have increased significantly with economists and bankers expecting the Reserve Bank of India (RBI) to cut rates in its monetary policy review on April 5. Some bankers say that conditions are ripe for a rate cut in March itself.
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India
Blackstone to buy Mphasisat big discount to market value
Private equity giant Blackstone Group's imminent deal to acquire IT services company Mphasis will come at a substantial discount to the prevailing market value, people directly familiar with the matter said.
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India
Kohli's bat scores on ads too, earns Rs 2 crore more than MSD's
India's ODI and T20 cricket captain M S Dhoni continues to be one of the highest paid brand endorsers in the country . But when it comes to peddling the willow, red hot Virat Kohli commands a higher price.
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India
Govt expects no dividend from at least 9 PSU banks
The finance ministry has not budgeted for any dividends from at least nine public sector banks during the next fiscal, in what is being seen as an indication that the government expects the finances of several lenders to remain under stress even during 2016-17.