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TCS Launches Passport Seva Project In Delhi NCR

India’s largest software exporter Tata Consultancy Services (TCS) in association with Ministry of External Affairs is going to launch Passport Seva Project in order to make the application and issuance of the passports easy for the Nation Capital Region people. Tata Consultancy Services TCS Logo TCS grabbed this project from MEA on October 2008. Total […]


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Ranbaxy Declared Net Loss Increased To Rs.2982.7 Crore In Q4

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Ranbaxy Laboratories, a drug firm declared on Thursday that the consolidated net loss increased to Rs.2, 982.7 crore in the fourth quarter which ended on December 31st, 2011. While, over the same period previous year the company posted a net loss of Rs 97.4 crore. On the brighter side, net sales of the company, rose […]


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Airfares To Remain High For The Next 3 Months

This fiscal year had bagged bad news to all the air passengers. First, flight cancellations due to the prevailing crisis at Kingfisher Airlines have caused a great inconvenience. Now, a recent survey said that high inflation and network disruptions would keep airfares high in the current quarter. The ‘American Express Business Travel Monitor’ which tracks […]


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Interesting Facts About CEO Salaries In India – CEOs In India Make An Avg Rs.2 Crore Per Year

Indian CEOs make truckloads of money

According to the top executive compensation report 2011-12, released by Hay Group, a global management consultancy the average annual compensation for a CEO in India stands at over Rs.2 crore and for the next level of top executives the average pay package is now above Rs.1 crore. This is nearly 2.6 times the pay package […]


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MCX IPO Creates Records; Becomes The Highest Subscribed IPO On Day One

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MCX was subscribed 91 % on its first day on Wednesday. The investors registered bids worth amount of about Rs.50 lakh shares. These accounted for 90.7 % of about 55 lakh shares being sold through the 100 % book-building process.We had already told you about this IPO well before in hand. This is the first time […]


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Reliance Infratel seeking to recover Rs 1,200 crore from Etisalat DB

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Reliance Infratel, Anil Ambani group company is seeking to recover Rs 1,200 crore from Etisalat DB, a joint venture between Etisalat of United Arab Emirates and Dynamix Balwas Group of India which had taken its telecom infrastructure on lease. On the very situation, Telecom tribunal TDSAT today issued a notice to Etisalat DB. Etilasat is […]


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DLF Sells 350 Flats In Gurgaon

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Where Mumbai is experience the blow from crashing real estate business, here in Gurgaon, a housing project ‘The Primus‘, was launched on 22nd and managed to sell all the flats on the same day. This project is part of a 450 acre integrated township, DLF Garden City.Couple of days back we told you how real estate […]


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ICICI Is India’s Strongest Private Bank?

According to Harendra Kumar, Head of Institution Broking and Global Research, Elara Capital, ICICI is the strongest private bank currently. ICICI is successful in today’s banking rat race because of its fundamentals and valuations. ICICI Bank Logo There is a huge comfort space for ICICI in the private banking sector. The strength is reflecting from […]


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