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Telangana crisis: Companies put plans on hold in Andhra
The Telangana agitation over the Centre’s decision to create a new state in the region has forced several companies, including Bharat Forge, the Lakshmi Mittal Group and the NTPC-BHEL joint venture, to either put their expansion plans on hold or explore other states.

Govt may defer stake sale fund
Facing a fiscal deficit of 6.8 per cent of Gross Domestic Product for the current financial year, the government is likely to delay for a year or two the National Investment Fund (NIF), a move that will enable it to keep disinvestment proceeds in the Consolidated Fund of India (CFI).

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Religare Enterprises Q3 net dips 52% to Rs 21 cr
Financial services provider Religare Enterprises today said its consolidated net profit declined by 51.80 per cent to Rs 21.4 crore for the third quarter ended December 31, 2009, over the same period last year.
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CBI files memo in Satyam case

The Central Bureau of Investigation (CBI), which is investigating into the Satyam case, has filed a memo in Nampally court today for hearing the charges against nine accused in the case. - Satyam gets refund notices from 37 firms - Andhra seeks CBI probe into Obulapuram Mining - Auction those mines - Tata Steel to start work at Orissa plant in December - Govt asks SFIO to commence prosecution proceedings - SEC shares info with CBI on scam probe All the accused, except Satyam founder chairman B Ramalinga Raju, who is being treated at the NIMS Hospital since September first week, were produced before 14th additional chief metropolitan magistrate. The accused filed a petition for adjournment on the grounds that they will defend the charges filed against them after the CBI filed the supplementary chargesheet. The court adjourned the proceedings to November 26. The CBI has time till November 30 to file the supplementary chargesheet. In another hearing, related to the petition filed by Satyam"s former managing director and Raju"s brother B Rama Raju and former chief financial officer Vadlamani Srinivas requesting the court to allow them access to laptops, the CBI argued that allowing the accused laptops now would defeat the investigation purpose. Meanwhile, the Price Waterhouse auditor Srinivas Talluri, one of the accused in the case, filed a special leave petition in the Supreme Court challenging the Andhra Pradesh High Court"s order to dismiss his bail petition.


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