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CIL to reduce floor price on forward e-auction
State owned Coal India Limited (CIL) has finally decided to reduce the floor price of coal offered for sale on the forward e-auction platform.

AI to spin off engineering operations
Expects to earn Rs 3,000 crore each year from new venture.

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Shriram Pistons to invest Rs 225 cr to set up plant
Auto component maker, Shriram Pistons & Rings is planning to invest Rs 225 crore for setting up a new manufacturing facility at Pathredi, Rajasthan.
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No condition on Pak for US aid

The Obama Administration has asserted that no condition has been imposed on Pakistan for the $2.3 billion Defence Authorisation Bill and charged an attempt is on to “willfully distort” the facts.


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