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Morgan Stanley's New York headquarters are seen at the corner of 48th Street and Broadway in New York

Morgan Stanley's Facebook analyst: sober man in world of hype
Scott Devitt has long stood out for being cautious in a world of Internet bulls. In the more than 12 years that he has covered Internet companies as a Wall Street analyst, Devitt has developed a measured approach to a sector that often succumbs to hype. Devitt, who replaced star Internet analyst Mary Meeker at Morgan Stanley in 2010, was one of the few analysts to cut his price target for Google

Money market fund assets rise to $2.572 trillion
Total U.S. money market mutual fund assets rose by $7.87 billion to $2.572 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.

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Newsmaker: Keshub Mahindra

Soft-spoken, patient, affable and principled, Keshub Mahindra is perhaps India’s last gentleman entrepreneur. For his nephew, Anand Mahindra, Keshub is “M&M’s hidden

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Godrej to invest Rs 500 cr for new unit at Dahej

Godrej & Boyce Manufacturing Company Ltd is setting up a new plant for chemical process equipment manufacturing at Dahej SEZ in Gujarat with an investment of Rs 500 crore for the first phase of

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Logica buy to give Canadian firm foothold

The acquisition of European IT services company Logica is expected to give CGI a strong foothold in India, which houses the offshore delivery centres of most of the global IT services companies.

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Godrej to invest Rs 500 cr for greenfield unit in Dahej

Godrej & Boyce Manufacturing Company Limited, a Godrej Group arm, is setting up a greenfield plant for chemical process equipment manufacturing at Dahej Special Economic Zone (SEZ) in Gujarat

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