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Drug to treat swine flu to be available in retail mkt
The government today said it will allow the retail sale of "oseltamivir", the only medicine available to treat the swine flu virus "H1N1".

AI targets upto Rs 900-cr savings through fuel efficiency program
National air-carrier, Air India (AI), today said it targets to save around Rs 800-900-crore, following the implementation of its fuel efficiency programme, started in 2008.

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Tatas rejects 10 mn pound UK loan: report
Indian conglomerate Tata Group has rejected a 10 million pound British government loan, which was supposed to be used for developing an electric version of one of its existing models, says a media report.
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Indian retailers' earnings to come under pressure: Macquarie

A stuttering GDP growth and high-base effect are likely to push same store sales (SSS) growth and profitability of Indian retailers in the red zone for the January-March 2009 quarter, research firm, Macquarie, said. "Year-on-year trends in SSS growth and profitability are likely to remain under pressure due to a high base effect. Q1 09 (January-March 2009) results for the retail sector are, therefore, likely to be subdued," Macquarie said in a report.


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