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India Inc confronts slowdown from once-heady growth
India Inc has lost its swagger. Slowing growth, stubbornly high inflation, rising interest rates, political gridlock, gloom in the West and a sliding rupee have conspired to dampen investor and corporate sentiment in Asia's third-largest economy. Share prices are down 20 per cent for the year, bad loans are on the rise, and companies are delaying big investments that would add much-needed industrial
India Inc has lost its swagger. Slowing growth, stubbornly high inflation, rising interest rates, political gridlock, gloom in the West and a sliding rupee have conspired to dampen investor and corporate sentiment in Asia's third-largest economy. Share prices are down 20 per cent for the year, bad loans are on the rise, and companies are delaying big investments that would add much-needed industrial
Suzlon in talks to buy all of REpower
Wind turbine maker Suzlon Energy is in talks to buy the remaining nine per cent stake in German unit REpower Systems AG , its chief financial officer said on Monday.
Wind turbine maker Suzlon Energy is in talks to buy the remaining nine per cent stake in German unit REpower Systems AG , its chief financial officer said on Monday.
CalPERs for infra investment in India
California Public Employees Retirement System (CalPERS), one of the largest public pension funds in the US, is looking at infrastructure investments in India, a senior official of the fund said.
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