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Lean
season begins for job-seekers |
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As the
economic slowdown is spreading its claws deeper and organisations
are moving towards leaner structure, campus placements this
season have taken a strong hit. |
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Different
Strokes/ NDS: An exchange it is |
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The Reserve Bank of India’s exclusive
debt trading club for banks, called the Negotiated Dealing System,
kicked off trading last Friday with some teething troubles and
technical glitches, writes Sucheta Dalal. |
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Zuari
to pump in Rs 100cr in PPL |
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Zuari Maroc Phosphates, the 51:49 joint venture of KK Birla
group and Maroc Phosphore of Morocco, which was declared successful
bidder for government’s 74% stake in Paradeep Phosphates Ltd.
last week, is targeting a turnaround of the loss-making company
within three years. |
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Weaker
rupee may help slash import duties |
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Despite
stiff opposition from the industry to a general reduction in
import duties in the forthcoming Budget, Finance Minister Yashwant
Sinha is likely to go in for a downward movement of customs
duty rates based on a three-tier graded structure, and justify
it on the plank of depreciation in the rupee-US dollar exchange
rate. |
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Fortune
flips, this Bush to call shots in Tokyo |
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When US President
George Bush caught the flu and collapsed during a state dinner
hosted by then-PM Miyazawa in January 1992, the episode seemed
not only embarrassing, but symbolic—US staggering under twin
trade and fiscal deficits, Capitol Hill fuming over Tokyo’s
trade barriers and Japanese industry titans still thinking they
had something to teach US firms about global competitiveness. |
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