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| Tuesday, November 06, 2007 |

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Prince loses Citi crown

Crisis deepens; bank’s subprime mortgage losses may top $11bn

Citigroup Inc’s problems deepened on Monday as it was unable to assure investors a potential $11 billion write-down for subprime mortgages won’t grow, and its nearly pristine credit rating was downgraded. ... | Read..

Stocks feel the heat

Stock markets around the world swooned on Monday as fears of widening credit market losses in the US grew after Citigrou ... | Read..

Duty rejig preferred to oil price hike

The Centre would much prefer to cut oil duties rather than raise retail fuel prices to bail out state-run companies. ... | Read..

Spectrum benchmark set

The recommendations of the Technical Engineering Centre (TEC) on spectrum allocation will be the basis for all future di ... | Read..

Bajaj Auto stake in Austrian firm

Bajaj Auto has acquired a 14.5 per cent stake in Austrian sports motorbike manufacturer KTM Power Sports AG for Rs 300 c ... | Read..

Prince: Bidding adieu
Prince loses Citi crown

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Orissa complex of IOC in five years

The Indian Oil Corporation (IOC) expects to commission its petrochemical complex in Orissa by 2.. | Read..

L&T inks pact with Mitsubishi

Larsen & Toubro (L&T) today signed a joint venture deal with Mitsubishi Heavy Industrie.. | Read..

Microsoft, R-Com sign $500m Internet TV deal

Anil Ambani-owned Reliance Communications has signed a $500-million deal with Microsoft to provide .. | Read..

Mobile handsets to get cheaper

Those planning to buy mobile phones have reasons to cheer. Handset prices have been falling steadil.. | Read..

Germany bets big on Bengal potential

Bengal is expected to play a significant role in Indo-German bilateral trade, which is expected to .. | Read..

SBI Mutual to launch second ELSS

SBI Mutual Fund will launch a second equity-linked savings scheme called SBI Tax Advantage Fund Ser.. | Read..

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