Friday, June 20, 2008

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Double trouble: Inflation highest in 13 yrs
    DIMINISHING RETURN: Rise in inflation attributed to increase in fuel prices and food prices.Sharp rise in inflation attributed to increase in fuel prices and food prices.
Exclusive: Mallya picks up fight with A-I top brass
    BATTLE FOR THE SKIES: Mallya has written a stern letter to  top Air India official Anita Khurana over succession issues in FIA.CNN-IBN has access to mails exchanged between him and Air India.
Left, traders' body up in arms over ICRIER report
    NOT TO OUR LIKING: Confederation of All India Traders has also said the report is biased.ICRIER report on organised retail says it is actually good for the system.
Oil extends fall on China fuel price hike
    OIL PRICES FALL: China's move to raise fuel prices raised concerns that demand in the world's second-largest oil consumer will fall. Oil slipped further on Friday, after a nearly $5 plunge on Thursday.
India positive & second in consumer confidence index
    OUTLOOK POSITIVE: Consumer confidence falls in 39 countries but not in India.AC Nielson survey tracks consumer confidence in 51 markets.
Plane good news: Board domestic, fly international
    CHEAP AND EASY: SpiceJet, Indigo, GoAir, Kingfisher, even Paramount, could fly international. Indian carriers will soon compete with international ones, lowering fares.
Tax evasion is Sahara's doing, not ours: Jet tells taxman
    JETSETTERS: JetLite is providing full co-operation to the authorities, the company said.The Income Tax department has demanded Rs 200 cr as tax from Jet.
New private airlines likely to get international wings
    HIGH FLIER: Kingfisher chief Vijay Mallaya wants to fly on international routes.Clause restricting new airlines from operating international flights may go.
Pfizer, Ranbaxy settle dispute over Lipitor
    SWEET PILL: Ranbaxy will benefit from a 180-day exclusivity clause on Lipitor from November 2011 in US.The move will give Ranbaxy access to over $1 billion in sales revenue.
Indian core sector growth declines to 3.6 %
    STEEL NOT GROWING: Growth in six core infrastructure industries declines.Growth of six industries declines to 3.6 per cent in April.
Relief for Sahara, RBI gives 3-yr breather on deposits
    BANK ON THEM: Reserve Bank of India has given Sahara India Finance a three-year breather.The RBI has allowed Sahara to accept deposits up to 2011.
Ambani brothers at war again: Is MTN rattled?
    WAR OF WORDS: Reports say MTN officials have quietly landed in India to continue talks with RCOM.Reports say that MTN officials have landed in India for talks with RCOM.

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