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Briefly Business: PM slated to meet India Inc on Aug 1

Prime Minister Manmohan Singh will meet corporate leaders on August 1 to discuss ways to improve the investment climate

Written by Agencies |
July 27, 2012 1:06:06 am

PM slated to meet India Inc on Aug 1

New Delhi: Prime Minister Manmohan Singh will meet corporate leaders on August 1 to discuss ways to improve the investment climate. India Inc had requested such a meeting with Singh. The meeting is expected to take up macro economic issues and slowing investments.

‘New policies,reforms key for India’s growth’

Varanasi: India needs to go for new policies and economic reforms including opening of FDI in multi-brand retail to return to faster growth,US Ambassador to India Nancy J Powell said.

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Vodafone CEO Colao meets Sharma

London: Vodafone CEO Vittorio Colao on Thursday met commerce minister Anand Sharma and is understood to have raised the issue of taxation which the company is facing in India.

MCX announces 4% growth in net profit

mumbai: Multi Commodity Exchange posted a 4% growth in its net profit at Rs 64.7 crore for the quarter ended June 2012.

Nomura chief resigns over trading scandal

Tokyo: Kenichi Watanabe,CEO of Japan’s Nomura Holdings,has announced his resignation,taking responsibility for a series of insider information leaks.

SBI installs first ATM at Drass

Chandigarh: State Bank of India has installed the first-ever ATM at Drass in J&K to serve local residents and army personnel.

US SEC,Justice Dept probing S&P

New York: McGraw-Hill,which owns the S&P ratings agency,says the US Department of Justice and the Securities and Exchange Commission are investigating whether S&P broke laws when rating certain investments.

Deutsche Securities picks up stake in SKS

new delhi: Deutsche Securities Mauritius has picked up 9.15 per cent stake in SKS Microfinance for around Rs 78 crore.

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