Friday, February 13, 2009

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Top Business News- IBNLive.com

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Rules changed, takeover bid for Satyam made easier
    Fraud-hit company welcomes market regulator's decision.
Take a test: Did UPA Govt leave you richer or poorer?
    TAX FRIENDLY: The UPAs budgets have been friendly to tax payers across the board.Do you know your taxes? Take this test to find out where you stand.
No bidders for phase 2 of Mumbai Metro project
    MUMBAI METRO: The deadline for submitting bids was on Friday at 13:00 hrs.The deadline for submitting bids was on Friday at 13:00 hrs.
SEBI announces takeover norms for distressed cos
    NEW NORMS: SEBI says the company in question's board will have to be replaced by a state or Central Government body.SEBI has relaxed the takeover norms for companies in special situations.
Textile industry seeks indirect tax cuts in Interim Budget
    HOPING FOR CUTS: The industry hopes interim the budget will contain tax breaks for and sector-specific measures.UPA is all set to announce its interim Budget on February 16.
Markets pick up pace, Sensex up 1.68 per cent
    LOOKING AHEAD: The traders are looking forward to a good Railways Budget, mood is upbeat.By a little before noon, a key index had risen 1.68 pc over its previous close.
Two watchdogs snap at airlines for raising fares
    GETTING ABOARD EXPENSIVE: Airline passengers lose out on cheap tickets, government frowns.Companies warned against cartelisation; probe ordered.

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