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Helios plans India 'Slumdog Millionaire' stock fund
Helios Capital Management Pte, the hedge-fund manager once backed by Tudor Investment Corp, plans to start a “Slumdog Millionaire” fund that will buy underperforming shares of Indian companies.

Govt clears 10 FDI proposals worth Rs 1,123 cr
The government today cleared 10 foreign direct investment (FDI) proposals worth over Rs 1,123 crore, a major share of which is expected to be brought in by the Essel Group promoted direct-to-home service provider, Dish TV India.

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High inflation numbers derail Dalal Street
A spike in inflation numbers took its toll on stock indices as both Sensex and Nifty closed in the red. The Sensex fell 21 points to close at 17,097 and the Nifty was down by 11 points at 5,105. FMCG, banking and consumer durables sectors were among the weak links.
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Vice Prez, PM pay homage to Basu

Vice President Hamid Ansari and Prime Minister Manmohan Singh today visited the CPI (M) headquarters here to pay homage to Marxist veteran Jyoti Basu. - Prachanda suspicious about India"s role, keen to meet Manmohan - Sanjaya Baru: RBI - an institution India deserves">Sanjaya Baru: RBI - an institution India deserves - Professionals to manage cultural resources: PM - PM for modern technology, management to preserve heritage - Kanchan Gupta: Relooking West Bengal">Kanchan Gupta: Relooking West Bengal - Aligning with China in Copenhagen a mistake: Bhagwati Singh reached the AKG Bhawan at Gole Market, the CPM Headquarters, at 11.10 am and paid floral tributes to Basu, who died in Kolkata yesterday after fighting a battle with pneumonia. The Prime Minister also signed the condolence book. Earlier, Ansari paid floral tributes to Basu and also signed the condolence book. CPI(M) Politburo members Sitaram Yechury and K Vardarajan were present at the party headquarters when the Prime Minister visited it.


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