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Nissan Motor Co. announced plans to invest $2 billion in building a third manufacturing facility in Mexico.
The new plant in the central state of Aguascalientes will generate 3,000 jobs and spur the creation of around 9,000 other positions,...
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Iran’s parliament is to discuss a bill Sunday that seeks to halt its oil exports to the European Union (EU).
The bill calls for a ban of oil exports to the EU as early as next week, Hossein Ebrahimi, deputy head of the Majlis (parliament) National...
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Electricity generation public sector company NTPC Friday reported a 10.16 percent decline in its net profit for the third quarter of the current fiscal at Rs.2,130.39 crore from Rs.2,371.48 crore in the like period of 2010-11.
The company said in a...
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State-owned Bharat Heavy Electricals Ltd (BHEL) Friday reported 2 percent increase in net profit at Rs.1,432.6 crore for the quarter ended Dec 31 against Rs.1,403 crore for the like period of the previous financial year.
The total income stood at...
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The Reserve Bank of India (RBI) will act against banks that do not implement its guidelines on electronic security of their transactions and operations by October 2012, a senior official said Friday.
A working group, under the chairmanship of RBI...
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A Survey on the impact of Foreign Direct Investment (FDI) in retail on small and medium enterprises (SMEs), undertaken by the Confederation of Indian Industry (CII) confirms that SME industry supports 100 percent FDI in single brand retail.
CII survey,...
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India is making its mark on the global economy with “electrifying skill, innovation and dynamism” and now is the time is right to study, invest and work with the country, British Foreign Secretary William Hague has said.
Hague said this...
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Premier of Australia’s Victoria state Ted Baillieu is all set to lead the largest-ever Australian trade mission to India in February.
More than 100 leading Victorian companies, ministers and officials would participate in the Super Trade Mission...
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Union Minister of commerce and Industry , Anand Sharma and his Canadian counter part, Ed Fast, have agreed to fast-track the CEPA negotiations between the two nations.
Sharma informed this during his meet with Canadian counter part at Wolrd Econmic...
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Granules India Ltd., a fast growing pharmaceutical manufacturing company, has posted growth of 42 percent in its net profit for the third quarter ended Dec 31.
The Hyderabad-based company earned net profit of Rs.8 crore against Rs.5.6 crore in the same...
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