India seems to be the worst affected nation online, with over three-quarters of Indian web surfers having fallen victim to cybercrimes, including computer viruses, online credit card fraud and identity theft, security solutions provider Symantec said. According to a study titled ‘N…

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Drug maker Aanjaneya Lifecare Ltd plans to tap the capital market for raising funds to finance its expansion projects and has filed the draft papers with the Sebi for its IPO. The Mumbai-based company is also considering a pre-IPO placement of up to Rs 30 crore with certain investors, as…

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RIL & Oberois to have equal shares, post-rights. Reliance Industries Ltd (RIL) and the Oberoi family will increase their shareholding in East India Hotels by buying the unsubscribed portion of a Rs 1,300-crore rights issue, which was cleared by the hotel major’s board today. EIH h…

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Emami Ltd, the owner of Zandu Balm, today said its copyright infringement dispute with the production company of Salman Khan starer Dabangg had been amicably settled between the two parties. Subsequently, the company will be using the chartbuster Munni Badnaam for its promotional campaig…

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Jeannine Aversa, AP Economics Writer, On Tuesday September 21, 2010, 2:55 pm WASHINGTON (AP) — The Federal Reserve signaled Tuesday that it is worried about the weakness of the recovery and is ready to take further steps to boost the economy if needed. Fed officials said they are…

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This week is slated to be the busiest in the last 15-years for the primary market, with eight companies seeking to raise around Rs 3,000 crore through public offers, in addition to three already underway. The initial public offers of eight small and medium scale companies, including Cant…

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The huge IPO is eagerly awaited, but factors such as pricing need careful attention. Coal India’s Initial Public Offer (IPO), expected to open in the next few weeks, is a first in quite a few ways. To begin, not a single IPO has been given a rating of 5/5 by any rating agency; Coal Ind…

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This shows the rally has not been broad-based. At a time the Bombay Stock Exchange (BSE) Sensex is racing towards its earlier peak, more than half the stocks in the broader BSE 500 Index are trading 30 per cent below their all-time highs. Taking into account on Wednesday’s close of 19…

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In what could lead to an overhaul of policy, the Union government is looking at a new sugar subsidy mechanism as part of its decontrol proposal. It plans to rope in state governments for the purchase and distribution of sugar to below-poverty-line (BPL) consumers at market prices. To comp…

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The stock market is likely to continue its upward journey this week on the back of persistent inflows from overseas fund houses, analysts said. However, the markets will be keeping a close eye on the RBI’s September 16 mid-term monetary review and the release of August headline inf…

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