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Citigroup reports $5.11 bn loss, to cut 9000 jobs Citgroup had to write down loans and bonds worth $12 billion in mortgage. India to reduce steel prices to control inflation India's widely watched inflation rate accelerated to 7.41 per cent last week. Indian firms are missing out on significant savings The survey goes on to highlight opportunities for Indian companies. 'Rising food prices can topple Govts, spark war' The IMF chief said the problem could also threaten democracies. Thanks to Nano, Tatas on 'most innovative' list Tata rode on the cheapest commercial car and RIL on an aggressive growth path. Marks and Spencer's ties up with Reliance Retail Britain's largest retailer will open at least 50 stores across India. Wipro FY08 net up 12% at Rs 3,283 cr Wipro's Q4 consolidated net profit was up by 3.4 per cent. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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