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Balco unhappy over arrest of officials
Disappointed with the arrest of three of its officials in connection with the chimney disaster incident, Vedanta-controlled Bharat Aluminium Company Limited (Balco) has put the ball on the court of construction companies for the collapse of the structure.

Lunch with BS: Shantanu Prakash
Sunil Jain / New Delhi November 17, 2009, 0:41 IST

News of the day

Cox & Kings pares gains, ends flat
The stock erased most of its gains and ended flat at Rs 452. The counter clocked volumes of 1.47 million shares as compared to the two-week daily average traded volumes of 756,608 shares on the BSE.
Small Business

Total inflow of funds in India to be $ 40 billion in 2010: Uday Kotak

Hinting at a buoyant economy in 2010, Uday Kotak, vice chairman and managing director, Kotak Mahindra Bank Ltd said that the total inflow of funds in India, comprising of insurance, FIIs and mutual funds may touch $ 40 billion. - "Banks to take cue from RBI policy to decide rates" - Loan rejected? no sweat - Kotak ties up with Russia"s top i-bank - Kotak bets big on M&A deals, ties up with Russian bank - Kotak Mahindra Bank eyes acquisitions in India - Kotak Mahindra gets $51 mn credit from WB entity While domestic consumption and proper infrastructure would be the key factors to propel the Indian economy into the higher growth trajectory, a growth rate of 8 per cent seems possible to accomplish in 2010-11, according to Kotak.The three-day conclave, which will revolve around the theme of "Managing Finance: Sustaining Shareholder Value".


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