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HDFC Standard Life lowers capital infusion by Rs 100 crore
Mumbai-based HDFC Standard Life Insurance Company today said the various cost saving measures adopted by the company would lead to less need for capital infusion during the current financial year. The company’s original plan was to invest about Rs 350 crore in the current financial year, which now may come down to Rs 250 crore. http://smallpersonalloans.org.uk

Tamiflu to be available in market
Tamiflu, the only drug for swine flu, will be made available in 480 chemist outlets across the country, the Centre today said.

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Hero Group shelves plans to enter CV segment
Diversified business house Hero Group has shelved plans to enter the commercial vehicle (CV )segment, for which it had partnered German firm Daimler to produce trucks, due to the economic slowdown.
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RNRL asks SC to dismiss govt's petition on RIL gas

Anil Ambani group company Reliance Natural Resources Ltd (RNRL) has asked the Supreme Court to dismiss the government’s special leave petition (SLP) on the Ambani gas dispute, saying it had no legal standing to seek any orders and could, at best, only make submissions. - Israel warns of terror attacks - SEC backs ban on flash trading - ArcelorMittal sponsors 78 for ITI training - At your service - Sunil Sethi: Goa"s monsoon sosegade">Sunil Sethi: Goa"s monsoon sosegade - ASCI announces new board “An attempt is being made (by the government) to reintroduce allegations that were withdrawn before the Bombay High Court (where the case was heard and decided earlier, in RNRL’s favour). This is clearly impermissible,” said the RNRL affidavit, which counters the government’s SLP that is to be heard with related matters on October 20. The government’s SLP, filed in July to assert its right on gas from Mukesh Ambani-led RIL’s Krishna-Godavari basin fields, is “therefore misconceived and liable to be dismissed,” RNRL said. The government had earlier this month modified its SLP, seeking to make a distinction between legal disputes involving RNRL and those on NTPC Ltd (which also has a case against RIL).


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