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| Thursday , June 26 , 2008 |

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Modi stake to Spice up Idea

Idea Cellular today announced that it would acquire BK Modi group’s 40.8 per cent stake in Spice Communications for Rs 2,700 crore. Later, it plans to merge Spice Communications with Idea. ... | Read..

Ambanis out of Mumbai showcase project

The squabbling Ambani brothers have been unceremoniously removed from one of the celebrated Mumbai makeover projects — the M ... | Read..

Spectrum gain under scanner

Idea Cellular may have to return Spice’s spectrum in Andhra Pradesh. ... | Read..

Pressure on states to cut jet fuel tax

The Prime Minister’s Office is backing the civil aviation ministry and airlines as they go about persuading state gover ... | Read..

Esmark test for Severstal

Russian steel maker Severstal has just one more day to come back with a fresh bid for Esmark Inc or let the US company go to ... | Read..

MEANING BUSINESS: The Merchants’ Chamber of Commerce plans to take up the cause of secondary steel producers who neither enjoy linkages with NMDC for ... | Read

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Rebound after recoil

Short-covering today came to the rescue of stock markets, which went into a tailspin following last.. | Read..

Spectacular show in super rich sweepstakes

India has shown the fastest growth in global wealth stakes with its pool of super rich swelling 22... | Read..

Priority list ready for RIL gas

The government today outlined the utilisation mechanism for gas flowing from Reliance’s D-.. | Read..

GMR Infra to buy 50% of InterGen

GMR Infrastructure will acquire a 50 per cent stake in global power generation company InterGen.. | Read..

Cairn India readies $2bn kitty

Cairn India will invest about $2 billion in the country over the next one-and-a-half years to d.. | Read..

Reva set to hit Delhi roads

Reva Electric Car Company today rolled out its range of cars in New Delhi... | Read..

Subsidy load weighs on ONGC margin

Oil and Natural Gas Corporation (ONGC) today reported a 2 per cent decline in net profit for the fo.. | Read..

More steps to rein in prices

The government today backed the Reserve Bank’s move to raise the cash reserve ratio and th.. | Read..

CIL, power firms yet to ink fuel pact

State-owned Coal India Ltd (CIL) may have to extend the June 30 deadline to sign the fuel suppl.. | Read..

GE Money drops stake sale plan

ge Money India, which has been scouting for an equity partner for its personal loan and mortgage bu.. | Read..

Index for Muslim investment

It may be a downhill journey for the sensex but for India’s rising Muslim middle class, Is.. | Read..

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