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Vedanta Wins India's First Gold Mine Auction

Vedanta, a unit of London-listed Vedanta Resources Plc, beat three other bidders in the auction of the Baghmara mine in Chhattisgarh

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India Seeks To Be Maritime, World Trade Power: President

The Spice Route initiative aims to explore international connections and linkages that Kerala's Malabar coast had with many parts of the world

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United Tech Rejects Honeywell's $90.7 Billion Offer

In an unusual move, the two companies sparred publicly about a deal that, if realized, would create one of the largest US companies with almost $100 billion in annual sales

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Adani Group Moves Court Against Lawyer Over Company Secrets

The company has moved the court alleging the lawyer has been issuing threats to it that he would expose 'infractions' committed by its officials

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FX Reserves Fall $1.46 Billion, First Weekly Decline In Five

The rupee is dangerously close to touching a record low after heavy sales by foreign investors in debt and shares

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Vijay Mallya's Rs 515 Crore 'Sweetheart Deal' Faces Sebi Scrutiny

Vijay Mallya's Rs 515-crore 'golden parachute' to exit United Spirits faces an extensive scrutiny by markets regulator Sebi, which has begun looking into possible violations of corporate governance and other norms because of this deal

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India's Growth Rate To Accelerate To 8-10% In 2-5 Years: Chief Economic Advisor

India is expected to accelerate to 8-10 per cent growth rate in two to five years on account of structure reforms and encouraging competitive federalism

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Survey Shows Indian Economy Faces Downside Risks: India Inc

Although the economy is on an upswing, it faces downside risks from a muted global economy, impacting exports and inflow of investments, leading to challenges in job creation

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United Spirits To Pursue Recovery Of $195 Million UB Holdings Loan

United Spirits Ltd said it will continue to pursue a claim for the recovery of Rs 1,337 crore of loans to former group company United Breweries even after its founder agreed to leave the company

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UltraTech Scraps Plan To Buy Jaiprakash Cement Plants

The Bombay High Court said that amendments to Indian mining and mineral laws mean that only the transfer of mines granted through an auction process could be approved, making the Jaiprakash deal impossible, UltraTech said

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