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| October 04, 2008 | | Interview with Jimmy Wales, Wikipedia founder Asia is moving in the same direction as the rest of the world in allowing greater freedom to access the internet as governments across the region are realising it's futile and not in its interest to restrict the free flow of information.
India: Private flying set to soar still higher The increasing number of Indian multinationals and the rise of a new class of multi-millionaires are set to double the number of private aircraft in India by 2010, in spite of recent signs of a slowdown hitting the local aviation industry.
Xchanging to buy Indian rival Xchanginghas agreed to buy Indian rival Cambridge Solutions in a deal it hopes will transform it into one of the world's largest business process outsourcers to the private sector.
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| October 02, 2008 | | Buffett to invest $3bn in GE shares General Electric on Wednesday unveiled plans to raise at least $15bn in capital through stock sales to Warren Buffett's Berkshire Hathaway and the public.
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| October 01, 2008 | | US slowdown hits recruitment from tier-II cities Even mid-size and smaller IT companies are going slow on recruitments due to the uncertainty in business from the US, which is the single-largest market for these companies, says L Venkataesan, a placement consultant based in Tiruchy. JJ College of Engineering in Tiruchy, till before last year, saw almost 95 per cent of its students being placed.
Gold set to cement safe haven status Gold prices will rise next year as the financial crisis pushes more investors into the precious metal safe haven, according to delegates polled on Tuesday during the London Bullion Market Association annual meeting in Kyoto.
Fears of world recession gain pace Even before Capitol Hill shocked the world's financial markets this week, the global economy was already mired in difficulties. And whether or not some version of the bail-out package gets passed in the near future, extricating it will be a real struggle.
Columbia moves away from traditional MBA models A complete overall of the MBA curriculum, a move away from traditional teaching models, a rebranding of the school and the establishment of its own publishing imprint have all kept faculty and staff at the school busy over the past 12 months. And there is more to come.
Indian-made cars heading to Europe Two carmakers are preparing to export low-cost vehicles from India to western Europe, even as rival Tata Motors struggles to get its no-frills Nano on the road in its home market.
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| September 30, 2008 | | China takes steps to prevent stock markets crashing Fearing the slowdown in the US and Europe would significantly damage growth as exports decline further, the Chinese authorities have taken action since the closing ceremony of the Olympics, not least prompted by the extraordinary events in the US in September.
Deal propels Citi to top of retail sector According to Citigroup'sadvertising slogan, "Citi never sleeps". For the past few weeks, its executives have not been getting much rest either.
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| September 26, 2008 | | Wall Street titans prepare to feel the pain Hank Paulson might not be ready to back down publicly from his assertion that his proposed $700bn bail-out of Wall Street will be less effective if Congress imposes curbs on executive pay at firms seeking government assistance.
India hits a bottleneck on its way to prosperity If ever there were a symbol of India's ambitions to become a modern nation, it would surely be the Nano, the tiny car with the even tinier price-tag. A triumph of homegrown engineering, the $2,200
India: Rising prices block path to big numbers Early in September, the Indian government named Duwuri Subbarao as the new governor of the country's central bank. He has quite a task on his hands.
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| August 25, 2008 | | Wealthy Indians desert planes for trains India's affluent middle class is rekindling its affair with long-distance train travel, as sharp jumps in domestic airline ticket prices push many former frequent fliers back to the railways.
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| August 22, 2008 | | India inflation lifts rate rise prospects India's inflation rate shot up to its highest level in more than 16 years this month, increasing the chances of the fourth rise in interest rates in Asia's third-largest economy since June.
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| August 13, 2008 | | India to push on with BSNL privatisation India plans to push ahead with listing Bharat Sanchar Nigam, the state-owned telecoms group, in what would be the country's first large privatisation since the government came to power four years ago.
Ogilvy has rosy view on China and India Advertising growth in emerging markets such as China remained robust this year and would help offset any slowdown in developed countries, according to Miles Young, who takes over as chief executive of the Ogilvy Group in January.
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| August 05, 2008 | | Tata gives freedom to cruise Ratan Tata, the 71-year-old Indian industrial patriarch whose Tata group now owns Jaguar and Land Rover, had personal experience of the importance of Jaguar's "heritage"during a visit to the British company in mid-July.
Banks vie to exploit Sino-India trade Commercial banks are moving swiftly to strengthen and expand their operations to service the companies responsible for soaring trade levels between India and China.
Union Bank of India eyes investment banking Union Bank of India , a mid-sized state-owned lender, has plans to expand into investment banking to tap a growing global market in which increasingly aggressive Indian companies are acquiring foreign rivals.
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| July 11, 2008 | | Nasscom plays down US election concerns Nasscom, India 's information technology industry lobby, played down concerns about outsourcing ahead of the US presidential elections when the issue of job losses usually becomes a prominent issue.
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| July 10, 2008 | | Rising prices pile the pressure on India's UPA In a country that depends on imports for more than 70 per cent of its oil and charges retail consumers of petrol and diesel less than half the global market price, the rise in crude this year above $140 a barrel has delivered an economic shock. India's cherished high rates of growth are under threat from soaring inflation and widening deficits on the fiscal and current accounts.
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| July 08, 2008 | | China and India knock on G8's door A club of the world's leading nations is starting to look hollow without China - the fourth-largest economy in dollar terms, according to the World Bank
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