India’s boom time seems set for a replay in 2007 driven by industrial and services sector expansion, though high inflation in 2006 raised doubts about overheating in the world’s second fastest growing economy.
With an average growth of 8 per cent in the preceding three financial years, the first quarter of calendar 2006 (Q4 of FY’06) [...]

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The new year will make getting tax refunds or trading in stock markets difficult for those holding two PAN cards as the Income Tax Department has blocked duplicate cards in its computer network.
“We have already issued letters to duplicate cardholders, giving them 15 days time either to surrender their duplicate cards or inform us which [...]

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AT&T Inc completed its $86 billion (euro65.3 billion) buyout of BellSouth Corp, the largest telecommunications takeover in US history, shortly after the Federal Communications Commission unanimously approved the deal.
The FCC action came on Friday, one day after the company offered new concessions for consumers and competitors.
Lawyers for AT&T and the two Democratic commissioners who had [...]

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Now foreign Radio Companies are trying to sell their content to india. This is a reflection of booming Indian Radio market.
Now Radio Netherlands Worldwide (RNW), a Dutch world broadcaster and multimedia organisation, is exploring the Indian radio market to provide high quality content to broadcasters. The content ranges from music to science and development, as [...]

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The United Breweries group is all set to step into retailing. Come 2007, you could be headed to a kingfisher store to do your shopping, reports CNBC-TV18.
The next time you want to buy you favourite bottle of scotch, or that mouth-watering can of caviar, or the perfect crystal crockery to impress your in-laws, or something [...]

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Had it happened in 2006, it would have been India’s biggest deal ever! But the sale of the country’s third largest telecom player - Hutch Essar - has run into controversy, reports CNBC-TV18.
Sources say Essar’s decision to turn buyer has left Hutch and it’s potential bidders confused. The question is, why did Essar change [...]

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