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TCS: Banking boost
Improving demand from the US financial sector helps shore up numbers.

Ghosn overruling electric engineers
The crowd of 600 falls silent as an employee asks Chief Executive Officer Carlos Ghosn if he’s staking too much of Nissan Motor Co’s future on electric cars and not enough on green alternatives like Toyota Motor Corp’s Prius gas-electric hybrid.

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Govt hopes to raise Rs 8,100 cr via NTPC divestment
The government today said it is expecting to raise about Rs 8,100 crore from the five per cent stake sale in power PSU NTPC through a follow-on public offer (FPO).
Management

Growth rate could decline to 6% in Q3: Pronab Sen

The government today said economic growth rate could decline to 6 to 6.5 per cent in the third quarter (October-December 2009) on account of the impact of drought and floods on agriculture production. "It (Q3 GDP) could be 6 to 6.5 per cent", Pronab Sen, Chief Statistician of India and Secretary, Ministry of Statistics and Programme Implementation, told reporters when asked about the impact of drought on the third quarter growth rate.


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