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May 23, 2013
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RBI likely to cut policy rates at its June 17 meeting
May 24, 2013
Taking a cue from the continued downward surprises in inflation and sluggish growth indicators, the Reserve Bank of India is likely to go for further monetary easing in its June 17 policy meet, global investment banking majors have said
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BHEL Ninth on Forbes' Most Innovative List
May 23, 2013
State-run Bharat Heavy Electricals Ltd has been ranked ninth most innovative company in the world by US business magazine Forbes, the company said in a statement. Bharat Heavy Electricals is the only Indian engineering company on the list and ranked much higher than similar multinational equipment suppliers.
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Providence, StanChart to invest Rs 1k cr in MSM
May 22, 2013
Private equity arm of Standard Chartered Bank and Providence will together invest Rs 1,000 crore, or roughly $250 million, in Multi Screen Media (MSM) to pick up over 35% stake in the general entertainment broadcaster, said sources directly briefed on the matter.