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Flipkart gets jump on Amazon in India's e-shopping market

Flipkart buys Letsbuy in a cash-equity deal
Signalling consolidation in the Indian online retail space, leading e-commerce company Flipkart has acquired Letsbuy, a strong cyber player in the consumer electronics category. While the industry referred to the deal as an Amazon-Junglee effect, co-founder and CEO of Flipkart Sachin Bansal told Business Standard, "the discussions have been on for some time. So it would be incorrect to say that it's

Anil Ambani was not chief of Tiger Traders, two firms: 2G witness
Reliance Group chief Anil Ambani was not the chairman of any of the three companies, including Tiger Traders, which were allegedly linked to 2G case accused Swan Telecom, a witness Thursday told a CBI special court here.

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Fighting chance for India's tigers: Poaching declines (With Image)
In cheering news for wildlife conservationists, tiger poaching dropped nearly 60 percent in 2011 as compared to the previous year, though it continues to pose a major threat to the survival of the big cat in the country, a leading NGO said.

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Clemson rally just short at No. 16 Virginia, 65-61
Opposing coaches always look for a way to slow down Mike Scott when playing No. 16 Virginia, and then for a way to minimize 3-point shooters Joe Harris and Sammy Zeglinski.

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PE deals worth Rs 4.5k cr in Jan

At least 38 private equity deals worth nearly Rs 4,500 crore ($890 million) were sealed in January, according to Research firm Four-S Services. In the largest deal of the month, online retailer

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Loss to Missouri leaving Texas looking desperate
Game by game, the Texas' Longhorns season is getting more and more desperate.

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