India News

Flying high in the global steel market with his recent acquisition of Corus, Ratan Tata, chief of the Tata group, said flying is his passion.Ratan Tata, also a trained pilot, has agreed to co-pilot a multi-role combat F-16 fighter on Thursday at the Aero India in Bangalore.

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The Pawan Ruia group has finally come out with an open offer for Dunlop India and Falcon Tyres following its indirect acquisition of these two outfits from the Jumbo group in December 2005.

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The Mumbai police today questioned two key executives of Reliance Communications (RCom) regarding the corporate espionage case which led to the arrest of a VSNL employee on charges that he was leaking out crucial information to a competitor.

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Exchange valued at $600-800 mn.The Singapore Stock Exchange (SGX) has emerged as the frontrunner for picking up a 5 per cent stake in the Bombay Stock Exchange ahead of its initial public offer in May.

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Outperforms official targets; No overheating: chief economic advisor.Continued buoyancy in manufacturing and services will see the Indian economy grow 9.2 per cent in 2006-07, making it the second consecutive year that the economy has grown at this rate, according to advance estimates of national income from the government’s Central Statistical Organisation (CSO).

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