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CBI arrests BP Acharya in Emaar case
The Central Bureau of Investigation (CBI), which is about to file a charge sheet on the alleged financial fraud involving the 258.36-acre Emaar Hills Township Project Limited ((EHTPL), on Monday arrested Andhra Pradesh government's principal home secretary Bibhu Prasad Acharya. Named as the prime accused in the case for his controversial decisions during his tenure as vice-chairman and managing director

SMEs may show weaker performance

Small and mid-cap companies (SMEs) are expected to show poorer results in the third quarter, based on an analysis of the results' preview by 14 brokerages. Net sales may increase by 19 per cent for

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Banks revise FCNR(B) deposit rates

As part of their efforts to raise more foreign currency resources from Indians abroad, commercial banks have revised rates on dollar- and pound sterling-denominated term foreign currency deposits for

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Kerala-based banks up NRE deposit ante

Raise interests on these deposits for the second time since rates were deregulated by RBI. Though barely a fortnight has passed since the Reserve Bank of India (RBI) deregulated non-resident deposit

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Malaysia calls for infrastructure partnership with India

The Malaysian Government said that about $ 30 billion (around Rs 1.35 lakh crore) could be sourced by creating an infrastructure investment-based fund, which could be listed on the Malaysian stock

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Stretching the Horlicks core
GlaxoSmithKline is piggybacking the Rs 1,600-crore brand to step into newer product categories.

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