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Popular Articles

Hyundai Motor's Q4 profit nearly quadruples
Hyundai Motor"s net profit nearly quadrupled in the fourth quarter on higher sales following a strong performance during 2009 in the fast-growing Chinese and Indian auto markets.

UK to be major global hub for SBI to control Europe ops: Bhatt
- Bank stocks surge on hope of better profits - SBI upbeat on foreign growth, to scale up Singapore ops - Scarce lending by banks hitting tractor sales, complains sector - Unitech Wireless raises Rs 5,000 cr for network roll out - Advance tax collections shore up in Q2 - SAIL"s Bhilai Steel Plant bank account attached

News of the day

Experts debate rollback of lenient policy
With food inflation scaling a decade high of around 20 per cent for the week ended December 5 and the overall headline inflation rate for the month of November at 4.78 per cent, economists and policymakers have started debating about the rollback of a lenient monetary policy that was put in place to inject liquidity in the system during the crisis period.
Small Business

CFM Intl to set up training facility at Hyd airport

GMR Hyderabad International Airport Limited (GHIAL) has signed an agreement with aircraft engine manufacturer, CFM International (CFM), to establish a new CFM56 maintenance training centre to support its customers in the South Asian region. - GMR Hyd inks deal with CFM to build training centre - GMR-Malay Air arm to set up MRO unit - Hyd airport to set up engine maintenance centre with CFM - GE appoints John Flannery India CEO - Time Warner arm may invest in NDTV Imagine - T N Ninan: Picking winners">T N Ninan: Picking winners CFM International is a 50:50 joint venture between Snecma (SAFRAN Group) of France and General Electric Company(GE) of the United States. The agreement signed on Thursday cements a memorandum of agreement executed in January 2009. The training centre, which will commence operations by late January 2010, will be located in the GMR Aerospace Park, being developed in the exclusive 250 acre aviation SEZ, that forms part of the Rajiv Gandhi International Airport complex. The aviation SEZ was recently notified by the Union government. GHIAL will build the 1,000-square metre facility at a cost of Rs 5 crore and lease it to CFM.


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