Gold, silver retreats from record high on profit-taking
Both the precious metals, gold and silver retreated from its overnight record highs on the bullion in Mumbai today due to reduced off-take from stockists and retailers at higher levels.
Indian billionaires bounce back: Forbes

The number of billionaires in India almost doubled in the past 12 months to 52, mainly thanks to a recovery in global stock markets, a richlist from US magazine Forbes showed on Thursday.

‘Pvt deal against govt’s gas policy’
The ministry of oil and petroleum natural gas said the two Ambani brothers could not have entered into a private agreement to trade gas because it was against government’s gas utilisation policy. HT Correspondent reports.

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    Sensex down 118 points in opening trade on global cues
    The Bombay Stock Exchange benchmark index Sensex lost nearly 118 points in opening trade today on increased capital inflows by funds and retail investors, triggered by weak global markets.
    Interview | Louis R Chenevert
    ‘We’ll source more products from India’

    UTC president & chief executive officer Louis R Chenevert, who is set to take over as chairman in less than 50 days, spoke to Hindustan Times on the group’s plans for India.

    Lodha chalks out expansion plan, 5 new projects soon
    The Mumbai-based Lodha Developers has chalked out definite plans to utilise Rs 2,790 crore mopped up through its initial public offer (IPO), expected by the end of this financial year.
    ...but the poor continue to pay the inflation tax
    The country is reeling under the impact of steep rise in a number of food items pummelled by a supply crunch in staple items such as potatoes, cereals and pulses.

     
    Google PC will start in seven seconds or less

    New Google Inc software will start up a computer as fast as a television can be turned on, the search company said on Thursday as it showed off its Chrome operating system designed for PCs that do their work on the Web.

    Yahoo jumps on Twitter bandwagon to improve search
    Yahoo is jumping on the Twitter bandwagon in its latest attempt to improve its Internet search engine and lure back some of its dwindling audience.

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