Thursday March 20, 2008

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Rs 10-cr fund to educate investors 

Mumbai, Mar 19:
The Securities and Exchange Board of India (SEBI) has created an Investor Protection and Education Fund with an initial corpus of Rs 10 crore and has invited public comments on the draft regulations that will ...
 
Marine exports to double by 2012 

New Delhi, Mar 19:
India is aiming at doubling marine exports including that of tuna fish to four billion dollar by 2012, Minister of State for Commerce and Industry Jairam Ramesh informed the Rajya Sabha on Wednesday.
 
Maruti to add 'DZire' in midsize car segment 

New Delhi, Mar 19:
Maruti Suzuki is set to fire competition in the mid-size car segment as it launches the Swift 'DZire', the sedan version of Swift hatchback, on March 26 in petrol and diesel options.
 
Govt may continue to operate old airports 

New Delhi, Mar 19:
Facing stiff opposition from several quarters to its decision to close existing airports in Bangalore and Hyderabad after new ones were opened there, the government on Tuesday said it will discuss the possibility of keeping both operational with the developers.
 
Iron ore politics hits steel venture 

Kolkata, Mar 19:
The politics of iron ore is about to claim its first victim - the 4 million tonne per annum (mtpa) greenfield joint venture between National Mineral Development Corporation (NMDC), Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL).
 
Vodafone to axe 450 staff from UK ops 

London, Mar 19:
Europe's largest mobile phone operator Vodafone is all set to axe about 450 employees from its operations in the UK, a media report said on Wednesday.
 
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