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Economic Times

• Chrysler recalls 67,872 Jeep Wrangler SUVs  -- Sun, 20 May 2012 23:48:32 GMT
  Chrysler Group is recalling 67,872 Jeep Wrangler sport utility vehicles from the 2010 model year to fix a transmission problem that it said could lead to vehicle fires.  Sun, 20 May 2012 23:48:32 GMT
  
  
• Govt looking to use reserves by PSUs for growth  -- Sun, 20 May 2012 23:48:11 GMT
  After failing to cajole the private sector into loosening its purse strings, the govt is now looking at the Rs 6.6 lakh-crore cash pile of state-run companies to spur growth.  Sun, 20 May 2012 23:48:11 GMT
  
  
• 'Greece won't exit euro, there's lot at stake for it'  -- Sun, 20 May 2012 23:33:41 GMT
  'Greece won't exit euro, there's lot at stake for it'Adjustment process is always painful, but Greece will not exit the EU, said Jean Lemierre, the chief negotiator for pvt creditors in the Greece bailout plan.  Sun, 20 May 2012 23:33:41 GMT
  
  
• Facebook stock seen facing crucial week after modest debut  -- Sun, 20 May 2012 23:01:39 GMT
  Facebook stock seen facing crucial week after modest debutNewly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock.  Sun, 20 May 2012 23:01:39 GMT
  
  
• HC rejects IFSL plea against NY tribunal ruling  -- Sun, 20 May 2012 22:23:05 GMT
  The court upheld that when an agreement provided for settling a dispute in a particular jurisdiction beyond India, its ruling is valid.  Sun, 20 May 2012 22:23:05 GMT
  
  

Hindustan Times - Business    [Top]

• Buying property, jewellery? Govt may ask for receipts  -- Sun, 20 May 2012 19:07:46 GMT
  Stung by growing public outrage over corruption, finance minister Pranab Mukherjee will on Monday spell out steps taken and planned to curb proliferation of black money. Gaurav Choudhury and Nagendar Sharma report.   Sun, 20 May 2012 19:07:46 GMT
  
  
• PDIL is working to establish and expand its global footprint  -- Sun, 20 May 2012 16:48:33 GMT
  Projects and Development India Ltd (PDIL), was established as a technology wing of Fertiliser Corporation of India (FCI) in 1951 with an objective to obtain technological self-reliance. PDIL became an independent entity at the time of re-organisation of FCI in ...  Sun, 20 May 2012 16:48:33 GMT
  
  
• Bookshops vs mouse  -- Sun, 20 May 2012 15:57:51 GMT
  As more consumers plug into the convenience of online bookstores, more so in non-metro cities, brick and mortar bookstores are under pressure to innovate and perform. Rachit Vats reports.   Sun, 20 May 2012 15:57:51 GMT
  
  
• Facebook IPO heralds the ?shustomer?  -- Sun, 20 May 2012 15:49:18 GMT
  Facebook Inc went public last Friday with a big-bang initial public offering (IPO) of shares that valued the company at more than $104 billion (R566,600 crore). While the share on the first day of listing gained a mere 37 cents ...  Sun, 20 May 2012 15:49:18 GMT
  
  
• RBI gives banks 6 months to lower exposure to gold NBFCs  -- Sun, 20 May 2012 15:23:21 GMT
  The Reserve Bank of India (RBI) has asked banks to reduce exposure to non-banking financial companies (NBFCs), which give loan against gold, to 7.5% from the existing 10% of their capital funds within six months.   Sun, 20 May 2012 15:23:21 GMT
  
  

Business Standard    [Top]

• UAE wants forex-violation notice to Etisalat dropped  -- Mon, 21 May 2012 00:42:00 +0530
   Emirates Telecommunications Corporation (Etisalat) has made a representation through the UAE government to request the Enforcement Directorate to withdraw a showcause notice over alleged violations of the Foreign Exchange Management Act (FEMA), insofar as it relates to the company and ...  Mon, 21 May 2012 00:42:00 +0530
  
  
• Piramal Healthcare like Berkshire Hathaway: Piramal  -- Mon, 21 May 2012 00:41:00 +0530
  Sitting in the 10th floor of his corporate headquarters that resembles a mini-Louvre, with its art trove and long corridors, Ajay Gopikrishna Piramal is almost Zen-like in his approach to life and business.  Mon, 21 May 2012 00:41:00 +0530
  
  
• Dollar inflows from exporters' FX accounts to support rupee  -- Mon, 21 May 2012 00:44:56 +0530
  Having fallen to fresh lows thrice last week, the rupee is expected to get some respite, with dollar inflows from Exchange Earners Foreign Currency (EEFC) accounts and hopes that the central bank would take further steps to arrest the fall.  Mon, 21 May 2012 00:44:56 +0530
  
  
• Top pvt life insurers shut 1,500 branches in 2 years  -- Mon, 21 May 2012 00:45:00 +0530
  With “profitable growth&" replacing “expansion drive&" as the buzzword in the sector, the country’s top private life insurers have significantly reduced branches and employees over the last couple of years to cut costs and improve efficiency.  Mon, 21 May 2012 00:45:00 +0530
  
  
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Financial Times    [Top]

• EU summit to raise pressure on Merkel  -- Sun, 20 May 2012 18:20:06 GMT
  Controversial proposals are back on the agenda. They were backed by some leaders in the past but forced off the agenda by the German chancellor?s objections  Sun, 20 May 2012 18:20:06 GMT
  
  
• Nasdaq ?embarrassed? over Facebook IPO  -- Sun, 20 May 2012 21:12:12 GMT
  Chief executive says the exchange is in talks with regulators over potentially millions of dollars work of customer compensation disputes  Sun, 20 May 2012 21:12:12 GMT
  
  
• Nato seeks orderly Afghanistan exit  -- Sun, 20 May 2012 22:17:51 GMT
  The alliance?s leaders meet to try to extricate themselves from the country over the next two years without letting it slip back into a civil war  Sun, 20 May 2012 22:17:51 GMT
  
  
• China buyers defer raw material cargos  -- Sun, 20 May 2012 18:52:39 GMT
  The postponements and defaults of contracts are the clearest sign yet of the impact of the country?s economic slowdown on global commodities  Sun, 20 May 2012 18:52:39 GMT
  
  
• Samsung fears shrinking China demand  -- Sun, 20 May 2012 20:00:49 GMT
  Chief of Samsung Electronics China says overall market for technology goods in the country will likely grow about 7% this year, down from 10% in 2011  Sun, 20 May 2012 20:00:49 GMT