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Mistry says 'mischievous' to suggest he acted on own on Docomo

शुक्रवार, 13 जानेवारी 2017

fter the Diwali lull, war of words between Cyrus Mistry and Tatas appeared escalating on Tuesday, with the ousted chairman saying it was 'false and mischievous' to suggest that he acted on his own or without the knowledge of Ratan Tata on the Tata-Docomo matter. 

Mistry also asserted that "insinuations that Docomo issue was handled in a manner inconsistent with Tata culture and values are baseless". 

fter the Diwali lull, war of words between Cyrus Mistry and Tatas appeared escalating on Tuesday, with the ousted chairman saying it was 'false and mischievous' to suggest that he acted on his own or without the knowledge of Ratan Tata on the Tata-Docomo matter. 

Mistry also asserted that "insinuations that Docomo issue was handled in a manner inconsistent with Tata culture and values are baseless". 

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Swift action to be taken in debit card data compromise: Fin Min

सोमवार, 16 जानेवारी 2017

 Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das today said there is no need to panic over the feared security breach that affected over 32 lakh cards.
 

 Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das today said there is no need to panic over the feared security breach that affected over 32 lakh cards.
 

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Credit growth plunges in key infra sectors: RBI data

गुरुवार, 12 जानेवारी 2017

A spending push in key infrastructure sectors, such as roads and railways, may be at the heart of the Centre’s efforts to rekindle the economy but attempts to prod the private sector to invest in core sectors seem to be floundering — if lending by banks is anything to go by.

Bank credit to the infrastructure sector, which had been steadily sliding over the first eight months of the current financial year, has recorded its sharpest contraction of 6.7 per cent in November.

A spending push in key infrastructure sectors, such as roads and railways, may be at the heart of the Centre’s efforts to rekindle the economy but attempts to prod the private sector to invest in core sectors seem to be floundering — if lending by banks is anything to go by.

Bank credit to the infrastructure sector, which had been steadily sliding over the first eight months of the current financial year, has recorded its sharpest contraction of 6.7 per cent in November.

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