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Take-off troubles
Business Standard / New Delhi December 24, 2009, 0:39 IST

BCCI finds no Sahara for India
With no takers for the sponsorship of the Indian cricket team, the Board of Control for Cricket in India (BCCI) is now looking at alternatives — either to go for re-tendering with a lower base price or renegotiate a contract with the Sahara group, which currently holds sponsorship till December.

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Number of foreign tourists to Japan falls by 23% in July

The number of foreign tourists visiting Japan saw a 23 per cent decline in July, a report by Japan National Tourism Organisation pointed out. - Sony unveils new e-reader in Kindle challenge - UN conference on disarmament to discuss on nuke-free world - Japan Airlines mulls cutting 5,000 jobs - Number of cars per household in Japan falls for 3rd year - US may have crafted documents on secret Okinawa pact: Japan - Asian stocks fall on Japan economy; US futures drop A total of 633,000 foreign tourists visited Japan in July, a double digit year-on-year decline for the ninth consecutive month, the report released yesterday said. The government-affiliated organisations attributed the sharp fall in foreign tourists to the global economic slowdown, the appreciation of the yen and the spread of the new influenza. The fall in the number of foreign tourists in July from a year earlier marked the 12th consecutive month of decline, matching the downtrend set between February 1993 and January 1994 when the value of the yen rose sharply, the report added. According to the report the number of tourists from Singapore dropped by 34.6 per cent, followed by China with a fall of 32.8 per cent and South Korea with a decline of 28.4 per cent. The report also said 1,289,000 Japanese traveled abroad in July, down 3.2 per cent in the third straight year-on-year decline.


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