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Aban Offshore opens bids for Rs 1,000-cr QIP issue
Offshore oil drilling and production services company Aban Offshore today opened bids for its Rs 1,000-crore qualified institutional placement (QIP) issue.

'TRS chief calls Delhi for next step on Telangana'
A day after announcing decision to form separate Telangana state, Government today told Parliament that TRS chief K Chandrasekhar Rao has been invited here for talks to discuss the next step in the process.

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As recession eases, US firms sniff opportunities in India
With the Indian economy showing signs of leaving the recession behind, companies from the US are once again making a beeline to the India shores scouting for opportunities. Companies from varied sectors are looking to test the waters with an investment in mind at a later stage. “Last year, things were rocky and very few trade delegations came to India. However in the last one and half months, things have turned around,”said Sandeep Mehra, committee member, Indo American Chamber of Commerce (IACC), Karnataka branch.
Small Business

Ford India to increase prices from January 2010

Ford India will hike the prices of all its models across the board from January 1, 2010. The upward price revision is due to a steady rise in input costs and exchange rate fluctuations. Ford India is a wholly owned subsidiary of Ford Motor Company. - No plan to delist Fulford, says Merck subsidiary - Ford India Nov sales up 13% - Ford India October sales jump 98.28% - Ford to hire 1,000 as part of expansion plan - Ford unveils small car - Ford India expands Chennai factory capacity The upward price revisions are in the range of Rs 6,000 to Rs 40,000 across model variants. Earlier this year, both Ikon and Endeavour ranked highest in the 2009 J.D. Power Vehicle Dependability in the entry mid-size and SUV segments respectively.


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