Mukesh Ambani-run Reliance Industries has offered more than USD 12 billion in cash to acquire a majority stake in bankrupt international petrochemical group LyondellBasell Industries.

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Canada has announced a new liberal business visa regime for Indian businessmen to catch up with other industrialised nations in boosting trade with India.

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India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said. An article "The G20 in 2050", carried in November bulletin of the Carnegie Endowment for International Peace said, "Chi...

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Hershey may make a USD17 billion bid for UK candy company Cadbury PLC, topping the recent USD16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports on Friday.

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The country's largest private bank ICICI Bank on Saturday said it has mopped up USD 750 million through a five-year bond issue at its Bahrain branch.

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The Central Bureau of Investigation (CBI) on Saturday arrested Mahindra Satyam's internal audit head V S Prabhakar Gupta for his alleged involvement in the multi-crore accounting fraud in Satyam Computer.

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Life Insurance Corporation of India today said it has hiked its stake to 7.27 per cent in state-owned Bank of Maharashtra.

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TRAI on Friday announced the charges for mobile number portability (MNP) which enables subscribers to switch telecom operators without getting their phone numbers changed.

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Prime Minister Manmohan Singh Friday said his agenda for the next few years is to bring India's economy back to 9 per cent growth rate and ensure the benefits of development reach everyone.

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Dell Inc's quarterly profit plunged 54 percent on lower-than-expected sales as it lost market share to competitors engaged in a budding price war in the PC market.

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Telecom Minister A Raja today asked mobile operators to cut SMS charges on the lines of one paisa per second tariff for voice calls.

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After rice and sugar, it is now the rising prices of cotton in the domestic market that is giving sleepless nights to the UPA government.

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