Friday, April 25, 2008

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Inflation at 7.33 pc, Govt assures corrective steps
    PRICE WOES: Chidambaram says rate of inflation will moderate over time with fiscal and monetary measures.Anti-inflation steps may slow down the growth, says Chidambaram.
Steel not cheap: Govt takes on companies
    PRICE OF MONEY: Prices of food items went down this week but steel stays expensive.Steel may be declared an essential commodity to control inflation.
Government to import five million tonnes edible oil
    STRONG MOVE: Edible oil is too expensive for the poor and India is not producing enough.Edible oil is too expensive for the poor and India is not producing enough.
Microsoft issues final threat to scotch Yahoo deal
    BIG DEAL: Microsoft sees Yahoo as a way to compete with arch-rival Google Inc.Microsoft sees Yahoo as a way to compete with arch-rival Google Inc.
Infosys to invest Rs 500 cr in Bengal
    NEW MOVE: Infosys has been allotted a 90-acre plot by the West Bengal government.Infosys has been allotted a 90-acre plot by the West Bengal government.
Maruti Suzuki Q4 profit down 34 pc
    LOWER MOVE: Maruti said it had adopted shorter depreciation cycles for its equipment.Maruti said it had adopted shorter depreciation cycles for its equipment.
India will reduce medicine prices: Minister
    WITHIN REACH: Pharmaceutical advisory forum asks companies to cut prices.Tax benefit binds companies to make minimum cut of 4.58 per cent.
ICICI Bank jacks up auto loan rates by 0.75 per cent
    QUICK TO HIKE: ICICI Bank hike comes even before the RBI decided to increase statutory deposits.The hike comes even before the RBI decided to increase statutory deposits.
Sorting out the problems of mall-management
    OPTIMISING MALLS: A problem with malls is that there are areas that do not generate adequate traffic.A problem with malls is that there are areas that do not generate adequate traffic.
Montek asks steel producers to hold prices
    STEEL NOT CHEAP: Ahluwalia warns producers against forming cartels.Steel prices have increased by 50 per cent rise in the last one year.
Biocon net up 7.5% in Q4 at Rs 65.30 cr
    Biocon reported a 7.57 per cent increase in consolidated net profit at Rs 65.30 crore.The new division is being set up to focus on brand building.

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