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ArcelorMittal short-lists sites in Karnataka

ArcelorMittal has short-listed some sites in northern Karnataka for its proposed steel plant involving nearly Rs 30,000 crore investment.

Forex reserves fall to $285.34 billion

India's foreign exchange reserves fell by $1.032 billion for the week ended Nov. 20.

TCS announces new doctorate funding program

TCS has announced a new program to encourage quality academic research and thereby increase the available faculty talent pool in India.

No decision yet on proposed port at Barunai mouth in Orissa

The Orissa government is yet to decide on awarding the port development project at Barunai in coastal Kendrapara district for which five firms, including the world’s largest steel maker ArcelorMittal, have submitted bids.

KPMG adjudged India’s indirect tax firm of the year

KPMG has been named India’s indirect tax firm of the year at the International Tax Review’s fourth annual award ceremony held in Singapore recently.

Astonfield forays into Andhra Pradesh

Global Renewable major, Astonfield Renewable Resources Limited has been allotted 600 acres of land for developing a solar PV power plant focused at the Phase 1 deployment of 100MW.

Govt warns JSW-led JV on delay in developing coal block

The government has warned steel makers JSW Steel, Bhushan Power & Steel and Jai Balaji of action if they do not 'take steps' to develop the captive mine jointly alloted to them in Jharkhand.

credit exposure to UAE insignificant: SBI

India’s premier lender, State Bank of India, said its exposure to Dubai firms are insignificant and ruled out any cause of concern due to the debt crisis there.

Royal Enfield to double capacity with Rs 65 cr capex

Chennai-based Royal Enfield, a niche motorcycle-maker and part of Eicher Motors said it would ramp up capacity to one lakh units from 50,000 by 2013.

RBI to ask banks about their exposure in Dubai World

RBI will ask Indian banks to furnish details regarding their exposure in the Dubai World.

Gold nosedives Rs 320 per 10 gram

Gold plunged by Rs 300 per 10 gram, snapping its two-day rally, in the national capital.

EPFO asks ICICI Pru, SBI to improve returns

Unhappy with the performance of ICICI Pru AMC and State Bank of India--two of its two fund managers--during the first half of this fiscal, the EPFO has asked them to submit an action plan on earning better returns.

Megan is not as talented as Angelina: Jon Voight

Jon Voight has rubbished comparisons between Megan Fox and Angelina Jolie.

Tata Motors Q2 net profit at Rs 22 cr

Home-grown auto firm Tata Motors reported a consolidated net profit of Rs 21.78 crore for the quarter ended September 30.

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