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Finance

Delayed payments hit small, medium Indian manufacturers hard

They said clients often take 150 days to pay as against the standard 30 days' time. Nov 18, 2015

Microsoft to fund start-ups that will offer affordable Internet access

The fund will aim to provide affordable Internet connectivity in unconnected areas of the world. Nov 17, 2015

Facebook shares dip as Marc Andreessen sells 73% of stake

Marc Andreessen sold more than 1.5 million shares of Facebook stock worth roughly $160 million. Nov 17, 2015

Asian stocks rise as fallout from Paris attacks recedes

Expectations for a December rate hike by the US Federal Reserve keeps dollar bullish. Nov 17, 2015

China: Tsinghua Unigroup to invest $47 billion to build chip empire

The size of Tsinghua Unigroup's planned investments is almost equal to Intel's $50 billion chip revenue in 2014. Nov 16, 2015

Japan falls back into recession in July-September

Th economy shrank an annual 0.8% in July-September after a 0.7% contraction in the prior quarter. Nov 16, 2015

Arun Jaitley highlights need to improve integrity of market institutions

The National Security Depository Limited holds more than 89% of the securities in dematerialised mode in the country. Nov 15, 2015

As profit slows down, Indian companies struggle to escape debt burden

963 Indian companies are in a debt of $640 billion, more than 40 percent of India's GDP. Nov 10, 2015

Reliance Jio: Mukesh Ambani's day out in India's largest start-up

Mukesh Ambani's twins conceptualised the open office for "Jio" and delivered it in six months. Nov 8, 2015

Bihar poll outcome to drive markets, increase chances of US rate hike

Some analysts have predicted that a BJP loss will force the markets to correct by 2% to 2.5%. Nov 8, 2015

Essar Steel resorts to advisers to cut debt, sell stakes

India imposed a 20% import tax on some steel products to mitigate the damage to domestic companies. Nov 8, 2015

Increase in Fed rate 'makes sense', says U.S. central banker

The Fed has kept interest rates near zero for almost seven years. Nov 8, 2015

Sun Pharma's profit drops 30% over compliance costs, lower sales

It reported a July-September net profit of Rs 1,107 crore, down from Rs 1,572 crore a year earlier Nov 8, 2015

Food Bank: London food bank brings in financial adviser to help clients

A London food bank has brought in financial advisers to offer monetary guidance to clients, as part of a national trial. Nov 6, 2015

India's distressed power sector relying on 'Uday' for new dawn

The outstanding debt of the distribution companies is Rs 3.8 lakh crore. Nov 6, 2015
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