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Chinese firm ZTE to sell mobile handsets directly in India

Aiming to become one of India's top three handset vendors, Chinese telecom major ZTE on Friday announced a tie-up with city-based firm Calyx to launch its smartphones in the domestic market.

India-EU FTA talks fail to bridge gaps; ministerial meet

In a set back to talks for the long-pending India-EU FTA, the chief negotiators' meet today failed to bridge "substantial gaps" on crucial issues, including insurance and data security status for IT sector, creating a bleak possibility of a ministerial meet next month.

Obama seeks to cut Afghan war spending by 10 percent

USA-OBAMA-MILITARY:Obama seeks to cut Afghan war spending by 10 percent

India offers best balance of value, profitability: HSBC

Nick Timberlake is upbeat on India among BRIC nations due to the strong combination of profitability and value offered by the large number of companies present in the country.

India looking to set up feeder fund for IDFs: Chidambaram

India is looking to set up a London-listed 'feeder fund' for Infrastructure Debt Funds (IDFs), and also to work with the UK on increasing institutional investments in the sector, said finance minister P Chidambaram.

Spot-fixing: Delhi Police teams to track money trail

Delhi Police has sent investigators to four cities in the country to trace the money trail in the IPL spot-fixing case. According to sources, teams have been sent to Ahmedabad, Kolkata, Mumabi and Hyderabad in this connection.

Low cost deposit base key to new bank success, says ICRA

According to ratings agency ICRA, the low-cost current and savings account (CASA) deposit base and some regulatory relief in the gradual build-up of priority sector lending targets hold the key to success of non-banking lenders wishing to become banks

US paves way for shale gas export to India

Opening up the prospects of export of shale gas to energy starved India, the US today granted conditional authorisation to export domestically produced liquefied natural gas (LNG) to nations that do not have Free Trade Agreement (FTA) with it.

Nagpur Power appoints Ajit Suresh Parundekar as additional director

Nagpur Power Industries has informed BSE that the Company at its board meeting held on May 16, 2013, has appointed Mr. Ajit Suresh Parundekar as Additional Director of the Company w.e.f. May 16, 2013.

Gokaldas Exports accepts resignations of Rangachary

Gokaldas Exports Ltd has informed BSE that the Board at its meeting held on May 06, 2013, has taken on record/accepted the resignation of Mr. Rangachary, Independent Director from the Board of the Company with immediate effect.

Perfect-Octave outcome of board meeting

Mr Rajesh Tagde, Managing Director of Perfect-Octave Media Projects announced and informed the board members that company's ambitious project to launch India's first ever classical based music channel has commenced its operations.

Canara Bank: Amalgamation of sponsored regional rural bank

Aryavart Kshetriya Gramin Bank and Shreyas Gramin Bank sponsored by Bank of India and Canara Bank respectively in the state of Uttar Pradesh are hereby amalgamated into a single Regional Rural Bank, which shall be called as Gramin Bank of Aryavart.

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