Japanese firm to retain Camlin, Camel brands. India’s favourite stationary and art brand is set for a strategic makeover. The Dandekar family, the promoter of Camlin Ltd, has decided to offload a lion’s share of its stake to Japan’s Kokuyo Co Ltd, according to two independent sour…

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Trades between FIIs generated a volume of Rs 57 crore on the BSE Thursday-an increase of 43.31% from Rs 40 crore clocked on Wednesday. As many as seven stocks witnessed trades of 13 lakh shares on Thursday. Pantaloon Retail (India) was traded at highest premium of 22.05% on the BSE with …

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WASHINGTON (AP) — The unemployment rate fell last month in more than 80 percent of the nation’s largest metro areas, adding to evidence that the recent pickup in hiring is widespread. The unemployment rate fell in 303 of the nation’s 372 largest cities in March, the Lab…

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At a stage where governments around the world have tried to hide away from the embarrassment caused by WikiLeaks expose on black money, founder Julian Assange speaks exclusively to TIMES NOW’s Editor-in-Chief Arnab Goswami on the Swiss bank data and Indian names features in the same…

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Suresh Kalmadi, sacked CWG organising committee chief, was today arrested by the CBI over alleged irregularities in the conduct of the sporting extravaganza, ending months of speculation. Official sources said 67-year-old Kalmadi, who was called to the agency’s new swanky headquart…

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At new 52-week high even as other stocks in the telecom sector struggle. Bharti Airtel, the country’s largest telecom player, has emerged as an outperformer in the sector. The company’s shares have started a steady rally at a time when other telecom stocks are still struggling. Ov…

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BANGKOK (AP) — An energetic rebound on Wall Street spurred by strong earnings reports and better-than-expected housing starts sent world stocks higher Wednesday. Oil prices rose above $109 a barrel after a report showed U.S. gasoline supplies fell for a second week, suggesting high…

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Already frightened by fears about Europe’s debt crisis and China’s latest tightening, financial markets got really spooked Monday morning when Standard & Poor’s cut its outlook on America’s AAA debt rating to negative from stable. The idea America could lose …

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Sterlite Industries India Ltd (SIIL) will be doubling capacity at its copper-smelting plant here, with an investment of around Rs 2,500 crore. The company is hoping to complete the expansion by 2013. It may be noted the Madras High Court had earlier ordered the company to shut the unit b…

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Marcy Gordon, AP Business Writer, On Friday April 15, 2011, 8:49 pm EDT WASHINGTON (AP) — Regulators on Friday shut down a total of six banks in Alabama, Georgia, Minnesota and Mississippi, boosting the number of U.S. bank failures this year to 34. There were 157 bank closures in 2…

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