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UTI AMC In Talks To Divest 26% To Strategic Buyer
UTI Asset Management Company (AMC), India's oldest fund house with assets under management (AUM) of Rs 38,358 crore, is in ......
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News Roundup: Vishal Retail To Sell Stake, Fidelity To Sell Tech Arm
Vishal Retail To Sell Stake - Vishal Retail, the country’s second largest listed retailer, is evaluating several options to raise ......
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News Round Up:Factory Output Dips 0.4%,First Negative Sign in 15 Years
Car Prices to Rise in January - Car manufacturers are planning to raise prices by 2% - 3% by January ......
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US Recession Likely Till June 2009
The current economic downturn is expected to end by June 2009, making it the worst recession since the Great Depression ......
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News Roundup: BofA Plans to Cut 35,000 Jobs; RBI Refinances Exim Bank
RBI Refinances Exim Bank - RBI has decided to provide refinance of Rs.5000 crore to the Export Import bank of ......
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Och-Ziff Lays Off 10 In Asia
Och-Ziff Capital Management, the publicly traded hedge fund manager, has laid off ten people from its Asia operations. Employees from ......
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Swiss Bank Amas Buys 40% In Chennai Brokerage
Amas Bank Ltd, the Switzerland-based banking entity of Hinduja Group, has acquired a 40% stake in Chennai based stock broking ......
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It's No Slowdown For LPOs
Lay-offs have become a universal phenomenon and yet they remain the most uncommon practice in the LPO (Legal Process Outsourcing) ......
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Merrill Vet Preps $500M Distressed Debt Hedge Fund
Former Merrill Lynch proprietary trading desk co-head Mark Devonshire has found a new home for his distressed debt hedge fund. ......
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Roundup: MNC Cement Makers In Race To Acquire Andhra Cements
Tougher Times Ahead, Says RBI - D Subbarao, RBI Governor, today said that the next financial year could be a ......
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