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This is an archive article published on October 9, 2013

Briefly Business: WGC: Indias gold demand to rise by 15 in Q4 2013

Moodys has given Baa3 rating to Bharti Airtel.

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Briefly Business: WGC: Indias gold demand to rise by 15 in Q4 2013
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Mumbai: Indias gold demand is likely to increase by over 15 per cent during the last quarter of this year to up to 300 tonne from last year on account of good monsoon and 20 per cent more auspicious days this festival season,the World Gold Council said.

Moodys assigns Baa3 rating to Bharti

New Delhi: Moodys has given Baa3 rating to Bharti Airtel,saying that this is underpinned by receipt of strong and growing cash flows from its Indian operations.

3 FDI proposals cleared: FinMin

New Delhi: Three proposals entailing Rs 38.09 crore in foreign direct investment FDI have been cleared,the Finance Ministry said on Tuesday.

Air Costa to operate from October 14

Hyderabad: Air Costa,Andhra Pradeshs first regional airline promoted,will launch its commercial operations from October 14,its chairman L Ramesh said on Tuesday.

12 bn pulled out from emerging markets

New Delhi: Investors pulled out more than 12 billion from equity funds focused on emerging markets including India in the July-September quarter on concerns over the US Feds plan to curtail stimulus drive,says a report.

DLF sells 33 MW wind mills in Rajasthan

New Delhi: DLF has completed the sale process of 33MW wind turbines project in Rajasthan to Violet Green Power for Rs 67.44 crore.

 

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