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Popular Articles

Devangshu Datta: When Obama bows right
North Indians travelling south of the Vindhyas experience disconnect in terms of body-language versus verbalisation. “Yes” in those parts is emphasised with a side-to-side shake of the head. That gesture means “no” in most other places. Foreigners visiting India are often equally foxed by namaskars. Putting palms together is common to many forms of prayer and not employed much as a peer-to-peer greeting outside India.

ONGC in pact with Angola's Sonangol
India"s Oil and Natural Gas Corp (ONGC) today signed an agreement to bid for oil acreage in Angola with the African nation"s state-owned Sonangol, while Indian Oil Corp (IOC) offered to build a multi-billion dollar refinery in that country.

News of the day

Letters: Dialling trouble
Telecom giant Bharti Airtel has managed to declare a profit but its results show a real problem in even the top line. This underscores the need for these market leaders to find other ways to monetise customers. The plain vanilla voice market is no longer profitable, but these companies haven’t done much by way of value added services apart from the caller tunes, which is now an old story.
Small Business

IRB Infra jumps on highway deal

The IRB Infrastructure Developers scrip rose 6 per cent to Rs 148.15 on securing a highway project in Rajasthan. The company emerged as the lowest bidder for the highway project to be built between Jaipur to Deoli section of NH12. The Rs 1,500-crore project is on a grant basis with a concession period of 25 years. It has sought a grant of Rs 306 crore for the project from NHAI. - Better pricing drew more fliers in Apr - Cost escalation to be factored into RIDF projects - Orissa to get 300 Mw from NTPC to tide over power crisis - 55,021 applicants retain Tata Nano booking - Local contexts, global buyers - Fundtech enters Europe The stock made an intraday high of Rs 149.35 and a low of Rs 135 with trading volumes of 15,23,000 shares (about 1.7 times higher its two-week average).


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