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New Act for development and regulation of mines, minerals
A new draft bill to replace the Mines and Minerals Development Regulation Act, 1957, would be placed before the Cabinet soon, a senior government official said here today.

Bullish sentiment with rising volatility
Excellent risk-reward ratios due to expiry effect

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Future bright for bargain hunt
In the last one year, Dubai has lost much of its lustre. The global credit crunch already hit inflows into the emirate, leading to job losses and delayed real estate projects.
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United Spirits to raise $300 mn to repay debt

The country largest liquor manufacturer, United Spirits Limited (USL) today said it will raise $300 million through various channels to repay part of its debt. "We have repaid $300 million of debt and another $250-$300 million dollar of debt will be repaid by the end of this fiscal," United Breweries Group President & CFO Ravi Nedungadi told reporters on the sidelines of an Assocham event.


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