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India Eco Summit: Infosys BPO to hire 2,000 by FY10-end
Infosys BPO, the back-office unit of IT firm Infosys Technologies, today said it would hire 1,500-2,000 people by the end of the current fiscal.

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Bollywood-multiplex stand-off may end before June 12
Millions of fans of Hindi movies will soon be able to watch their favourite Bollywood films in multiplexes, with highly-placed sources in the film production and exhibition business saying a resolution is expected before June 12 to the two-month dispute over revenue-sharing between producers, distributors and multiplex owners.

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Sail: Results in line with expectations
For the December 2009 quarter, SAIL saw net sales at Rs 9,880 crore up 11 per cent year-on-year, in line with market expectations, even as seasonal impact saw sales dip 2 per cent sequentially. The company’s steel sales was at 2.9 million tonnes (mt) in the recently concluded quarter against 3 mt in the September 2009 quarter and 2.4 mt in December 2008 quarter.
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IOC appoints three merchant bankers

State-run Indian Oil Corp (IOC) has appointed three merchant bankers for its maiden overseas bond issue of $500 million (Rs 2,325 crore). - IL&FS Investsmart to discontinue insurance broking biz - IOC wants 50,000 acres for biofuel cultivation in UP - Manufacturing in dec at 7-month high, PMI shows - Manufacturing reaches top in 7 months, says HSBC study - Add debt for portfolio stability - Yodlee"s account aggregation software powers Artha Money IOC has appointed HSBC, Standard Chartered and Deutsche Bank for the issue likely this year, official sources said here. The company has not decided on the exact timing of the issue, which would go to fund its capital expenditure requirement.


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