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All-party meet on Telangana begins
An all-party meeting chaired by Home Minister P Chidambaram to devise a mechanism and a road map to resolve the vexed Telangana issue began here today with TRS chief K Chandrasekhar Rao, spearheading the movement for a separate state, and Chief Minister K Rosaiah attending it.

MCA asks Sebi to provide details of RIL probe
The Ministry of Corporate Affairs (MCA) has asked the Securities and Exchange Board of India (Sebi) for details of its investigation pertaining to Reliance Industries Ltd (RIL). The market regulator had acted on a complaint that RIL had allegedly routed funds to dummy companies to buy its own shares nine years ago.

News of the day

Today China, tomorrow the world
ICBC-Standard Chartered: Industrial and Commercial Bank of China is already the world’s biggest bank – but it could be bigger and broader still. The time may have come to pursue a longstanding idea of a deal for emerging-markets lender Standard Chartered. While the combination was often rumoured before the financial crisis, in a more stable world it makes more sense than ever.
Management

World Gold Council appoints Ian Telfer as new Chairman

World Gold Council (WGC) has announced the appointment of Ian Telfer as its new Chairman. - As prices rise, gold buyers shift to rupee budget - Third quarter gold demand halves - Gold Q3 demand dip by 49%: WGC - Gold prices hit another record - Kerala jewellery expo from Nov 21 - Gold hits new high at Rs 16,240/10 gm Telfer is chairman of the Canadian gold producer Goldcorp Inc and succeeds Greg Wilkins, vice-chairman of Barrick Gold Corporation, who steps down from the board of WGC, a statement said. Commenting on his appointment, Telfer said: "I am taking on a great role at a time when gold has never been more relevant and important to so many people...As we move into a new financial era, we believe that gold will play a central role in the investment portfolios of those seeking to preserve wealth and mitigate risk...." Telfer was elected chairman of Goldcorp Inc in 2006, having earlier been president and CEO of the organization and its predecessor company, Wheaton River Minerals.


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