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| • BP to exit Bengal gas block |
| New Delhi, July 29: BP is keen to exit its lone coal bed methane block in the country at Birbhum in Bengal because of low prospects. |
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| • Role reshuffle for Noel Tata |
| Mumbai, July 29: Noel Tata, widely believed to be a successor to Ratan Tata, has moved to the top echelon of another Tata group company. |
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| • Vodafone rigid on tax dispute |
| New Delhi, July 29: Vodafone today said it was not liable to pay any tax in India on the $11.1-billion deal with Hutchison International in 2007. |
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| • SAIL profit drops on lower sales |
| New Delhi, July 29: Steel Authority of India Ltd's net profit for the first quarter of this fiscal dipped 11.55 per cent to Rs 1,176.55 crore from Rs 1,330.43 crore in the year-ago period on lower sales and high input cost. |
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| • Food inflation in single digit |
| New Delhi, July 29: Food inflation fell to a single digit at 9.67 per cent in mid-July for the first time in more than a year because of a high base effect and the government's steps to augment food supplies. |
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| • UK seeks easy entry into banking |
| New Delhi, July 29: Britain has raised the pitch for easier foreign investment norms in insurance and banking. |
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| • Berger Paints on the prowl |
| Calcutta, July 29: Berger Paints India is looking for buyout opportunities and planning to invest about Rs 400 crore in expansion over the next five years. |
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| • UltraTech to beef up capacity |
| Mumbai, July 29: UltraTech Cement Ltd ' an AV Birla group firm ' will spend an additional Rs 5,600 crore to expand capacity by 9 million tonnes. |
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| Updated: 591 minutes ago |
