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News & Features | Business    See All Updates : 17014

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Thomas Cook to put its commercial spaces on sale

DNMUM277151 | 5/21/2013 | Author :Ashish K Tiwari | WC:271

Mumbai: Travel and tour operator Thomas Cook (India) Ltd (TCIL) is selling some of its commercial spaces to raise money for working capital requirements.The company is understood to have roped in

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Stuck-in-ditch fleets extend agony for truck-makers

DNMUM277152 | 5/21/2013 | Author :Yuga Chaudhari | WC:409

Mumbai: Rising diesel prices, economic slowdown and almost flat freight rates have affected the overall profitability of fleet operators, further delaying purchase of commercial vehicles (CVs). La

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Coming up next, ITC as India's #2 FMCG player

DNMUM277153 | 5/21/2013 | Author :Nupur | WC:495

Mumbai: Twelve years after entering the fast-moving consumer goods business, cigarette major ITC has steered it into the black.That's no mean feat, say analysts, because gestation periods are

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For telcos, data tsunami equals streams of revenue

DNMUM277142 | 5/21/2013 | Author :Beryl Menezes | WC:483

Mumbai: Recent results of telecom companies have shown a marginal rise in average revenue per user (Arpus) and consolidated toplines.Telcos have attributed this to some active subscriber gain (aft

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ECGC ups cover for exporters, bankers

DNMUM277143 | 5/21/2013 | Author :Aswathy Varughese | WC:303

Mumbai: In a bid to promote exports, the state-owned Export Credit Guarantee Corporation (ECGC), which covers exporters' and bankers' credit risk, has enhanced the credit risk cover in the r

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StanChart to buy Morgan Stanley's India wealth unit

DNMUM277144 | 5/21/2013 | Author :Aswathy Varughese | WC:186

Mumbai: Leading international bank Standard Chartered (StanChart) has agreed to buy Morgan Stanley's Indian wealth management unit which has about $800 million of assets under management. The val

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