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DLF profit down 44.5%, gets tax notice
India’s largest real estate developer by market capitalisation, DLF Ltd, saw its net profit plunge by 44.5 per cent for the third quarter ended December 2011 on a year-on-year basis. It had recorded a net profit of Rs 258.7 crore in the October to December quarter as against Rs 465.61 crore in the corresponding period last year. The company blamed high interest rates, commodity and labour cost

Another England soap opera as Fabio Capello quits

The soap opera of English soccer reached yet another a noisy climax Wednesday when national team coach Fabio Capello quit angrily just eight hours after potential successor Harry Redknapp was

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Redknapp will cost not less than 10 million pounds to FA
Tottenham manager Harry Redknapp would cost not less than 10 million pounds to the Football Association if he is made in-charge of England.

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Adani to exit real estate

Adani Enterprises Ltd (AEL) is exiting the real estate business, the flagship company of diversified conglomerate Adani Group revealed on Thursday. Its board of directors has already approved a

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Shoppers Stop on expansion mode

Shoppers Stop, which opened its 50th store on Thursday with its sixth store in Bangalore, plans to spend Rs 225 crore over 2012-13 and 2013-14. The retailer, which has its operations spread across

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Union: Soccer clubs not paying in Eastern Europe

The union representing professional soccer players said Tuesday its members are mistreated financially by clubs in Eastern Europe, which can lead to the greater risk of match-fixing.

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2011: Tough year for realty, n...