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IT second-most favoured sector by fund managers

Software stocks have regained their second-most favoured status with fund managers.This is the first time since March that fund managers have more assets deployed in information technology (IT) than in automobile stocks.In September, Rs 43,053 crore, or 10.65 per cent…

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Greek lawmakers clear way for $2.3 bn in bailout funds

Greek lawmakers, despite heated debate, approved a package of economic changes and austerity measures early Saturday, taking a step toward unlocking the first slice of loan money from the country’s nearly $98 billion international bailout program.The legislation covers some of…

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India Inc in no hurry to tap overseas markets

Indian companies and banks have raised around $8.4 billion via offshore bond issuances in 2015 so far, about half the $16 billion mopped up in the corresponding period in 2014. Given interest rates locally have remained elevated for most of…

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