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Senior MNC execs jump ships as India Inc empowers them
They are calling Vishwavir Ahuja the pied piper of Ratnakar Bank. Ever since he took the top job at the sleepy Kohlapur-based rural bank to morph it into a major financial institution, in 2010, seasoned professionals from foreign banks are following him to pursue an inclusive growth agenda. After Rajeev Ahuja, Nitin Chopra and Sunil Gulati, the latest to come on board is Joginder Singh Rana, a Citibanker

CIL not in business of imports: Chairman

In the wake of Prime Minister Manmohan Singh's direction to Coal India Ltd (CIL) to import coal to ensure supplies for 20 years to the power sector, the state-run coal major today clarified today that

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Coal India is not an importer, says chief

Coal India Ltd (CIL), recently asked by the Prime Minister to ensure supplies to the power sector even if it meant importing, on Friday said it was not in the business of imports. Zohra Chatterji,

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Blackstone, Carlyle close in on Anil Ambani's tower biz

After months of negotiations, Anil Ambani's plan to sell his tower business has reached the final lap. Private equity giants Blackstone and Carlyle Group have signed a term sheet to buy up to 95

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PM nudges CIL to end shortfall for power firms
Power sector companies on Wednesday won their long-drawn battle over coal shortages with Coal India Ltd (CIL), the country’s near monopoly coal producer.

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Nifty outruns Sensex in market rally

The Nifty is winning the battle of supremacy against the Sensex in the current market rally, thanks to outperformance of some of its stocks which are not part of the benchmark index of the Bombay

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