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Subir Gokarn: The industrial divide
Subir Gokarn / New Delhi November 16, 2009, 0:04 IST

Private players seek end to third-party motor pool
While the Insurance Regulatory and Development Authority (Irda) is working on making third-party motor cover obligatory for non-life insurance companies along with rural and social sector obligations, private insurers want to abolish the fund, which is used to pay claims in this category.

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Micro Technologies ties up with Israeli company
Mumbai-based security solutions provider Micro Technologies (India) has entered into an agreement with Israel-based H.A.Sh Group System Services to provide security devices to the former, a top company official said.
International Business

About 74% investors prefer buying gold at current About 74% investors prefer buying gold at current Press Trust of India / New Delhi June 9, 2009, 11:39 IST

Among those who were willing to buy gold at current prices, the preference for purchasing jewellery was higher as compared to any other form of gold, a survey by brokerage firm India Infoline Ltd (IIFL) said. About 35 per cent of investors showed interest to buy jewellery, 27 per cent in gold Exchange Traded Funds (ETFs) and 12 per cent in coins and bars, it said. India has been the largest consumer of gold jewellery and the survey indicates that it will remain so in future as well, it added.


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