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SEBI has summoned Sahara group chief Subrata Roy to provide the final list of assets that has to be sold for Rupees Twenty four Crores. The Himachal Pradesh high court has also restrained five companies of Sahara Group from raising money from the public. SEBI has given Sahara the deadline of April 10 to finalize the list of assets to be sold to refund to investors. Subrato Roy and three other top executives, Ashok Roy Choudhary, Ravi Shankar Dubey and Vandana Bharg

Govt Clears Airasia, Tata JV Proposal

The Government has reportedly said it has cleared Malaysian budget carrier AirAsia’s proposal to start a passenger airline in India in partnership with the Tata Group with

Ericsson Sues Micromax

In what is the first high profile lawsuit between an Indian company and an international company involved in mobile communication, Ericsson has sued Micromax to the tune of rupee

Google Starts Selling Nexus 7 In India

Google has started selling Nexus 7 tablet India from Tuesday. This is the first of the popular Nexus range of tablets and phones that Google builds. Google Nexus range h

TCS Wins $43M Contract From Norway Post

Norway Posts today said it has awarded contracts worth USD 43 million each to software services provider Tata Consultancy Services (TCS) and outsourcing services firm Capgemini f

Tata Motors Shuts Down for 11 Days

In order to carry out maintenance, especially at the paint shop, one of India's biggest automobile company Tata Motors will take up a 11 day shut down. In these 11 days the c

After Pepsis New Bottle It Is 7ups New Dance

The clear lemon drink 7 up gets refreshing footstep to for its new campaign. The 7up’s campaign currently comprises of two television commercials. The films show u

Committee Seeks Wal-Mart Lobbying Details

The Indian government appointed committee met the officials of Wal-Mart to probe the lobbying activities of Wal-Mart Stores for Indian market. The Committee met the repr

Pepsi In A New Bottle

After 17 years Pepsi gets a new bottle. The carbonated drink will now came in a new easy to hold bottle with shorter label. Pepsi, having a 4 percent decline in beverage

Sahara Dares Regulator For Debate

Subrata Roy, chairman of Sahara India Pariwar, has asked financial regulator Securities and Exchange Board of India (SEBI) to come to 60 minutes live televised debate session to

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