Pepsico in India has failed to furnish some information sought by Indian Department of Revenue, India defers Pepsico's $200 mn investment proposal
Madhuri Khandekar
The cola giant must comply with Indian laws. Just selecting an Indian American as the CEO does not provide the American company to do anything they wish in India.
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Air India reported a post-tax loss of Rs 5,548.26 crore for the financial year 2008-09
Neena Chadrverkar
Total revenue declined to Rs 13,479 crore in 2008-09 from Rs 15,252 crore in 2007-08. The number of passengers travelling on Air India flights declined to 10.36 million in 2008-09 from 13.21 million in 2007-08.
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Outsourcing companies losing ground - Patni Computers ADR slips 4%
Zahangir Khan
Patni Computers slipped 4% to $21.12 and Mahindra Satyam slipped 2% to $ 5.50, respectively.
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UK supports levy on banks to fund future bailouts
Sri Ram Maniratnam
France and Germany have been in favour for some time of looking at a levy but London with its huge financial centre has always resisted.
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Nano shuts down for disruption of supply of automotive parts from one of its suppliers
Kirtan Yedurappa
The auto parts vendor was hit after its manufacturing facility was damaged in the Indian Oil Corporation fire in Jaipur on October 29.
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T Rowe Price will route all its investments into India through UTI
Tania Solanki
UTI will get assistance in fund management and research as well as in the sale of its products abroad.
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Galleon-accused Deep Shah hiding in Mumbai while his attorney is in US?
Kiran Chaube
The Federal Bureau of Investigation (FBI) of US is on the look out for former Moody’s analyst Deep Shah, who is now holed up at an undisclosed location in Mumbai.
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