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Axiata logs out of talks to buy stake in Tikona Digital
Malaysia’s leading telecom operator, Axiata, has backed out of its negotiations to pick up a substantial stake in broadband wireless access (BWA) operator Tikona Digital due to differences over valuation and uncertainty on the Indian telecom policy, following the cancellation of 2G licences by the Supreme Court. The promoters of Tikona, say sources, had valued the company at $1 billion (Rs 4,900

At a glance: New look tornado warnings from NWS
Starting Monday, five National Weather Service offices in Missouri and Kansas will begin a test of a new kind of severe weather warning that's based on the severity of a storm's expected impact.

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Cummins India: The worst is over

With the company's performance likely to improve from FY13, analysts turn positive on the stock. The Cummins India stock seems to have bottomed out after a substantial correction of 35 per cent in the

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No clause in pact violated, Swiss airlines tells India

Switzerland has responded to a move by the Indian government to stop all services of Swiss International Airlines (Swiss) to and from India, saying that the airlines, held by Air Trust, is

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Limited downside for Aban Offshore

Aban Offshore plans to seek shareholders' approval to raise funds to the tune of Rs 4,300 crore this month, in what is perceived to be a positive move, but not positive enough to perk up the stock.

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Govt threatens to ground Swiss in India

The ministry of external affairs (MEA) has threatened to stop all services of Swiss International Airlines (Swiss) to and from India. As a designated airline of its country, Swiss has allegedly

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