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Popular Articles

Inflation may fall to 7% by Mar-end: Rangarajan
Amid projection that inflation could touch the double-digit mark, the Prime Minister"s advisory panel today said it could fall to 7 per cent by fiscal-end.

MF assets may grow 29% annually till 2014: Report
The country’s burgeoning mutual fund industry is expected to see its assets growing by 29 per cent annually in the next five years, with high household savings rate and low retail penetration attracting foreign asset managers, a report has said.

News of the day

PM to attend Obama's N-summit in April
Leaders from as many as 43 countries, including Prime Minister Manmohan Singh, are scheduled to attend a nuclear summit convened by US President Barack Obama in April, the White House said today.
Small Business

Jet to buy 26% stake in JV with Malaysian Airlines

The Board of Directors of Jet Airways has given its in-principle approval to acquire 26 per cent stake in MAS GMR Aerospace Engineering Company for an unspecified amount. - Jet back in black with Rs 106 cr profit in Q3 - GHIAL signs three MoUs - Wipro to step up spread of Yardley’s contribution to revenue - Bhushan Steel-Essel set to acquire plot for Rs 1,530 Cr - SBI not eyeing acquisition of another bank: Bhatt - T Rowe acquires 26% in UTI AMC, UTI Trustee The Hyderabad-based MAS GMR Aerospace is a joint venture between Malaysian Airlines" engineering arm and the GMR group engaged in setting up a Maintenance, Repair and Overhaul (MRO) facility. The 26 per cent stake in MAS GMR will be acquired partly in cash and partly for consideration other than cash, Jet Airways said in a communication to the Bombay Stock Exchange today. The transaction is subject to regulatory approvals, the company said.


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