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Sat, 05 Jul 2008 23:14:01 GMT

•	Time for homecoming for NRIs
	After living abroad for 3040 years, many NRIs are now joining a reverse flow into India, and investing in property back home. Many are looking for retirement or semiretirement homes that may later tempt their children or grandchildren into connections with India. But it can also be good investment.

•	Rahul Gandhi favours Congress' solo foray in states
	As the Congress and the SP move towards tying up to push the nuclear deal through, Rahul Gandhi has said that he is in favour of Congress going alone in the states.

•	Buses emerge as preferred transportation in H'bad, B'lore
	As airfares continues to rise and airlines cut down routes in the south, one industry is driving away with a windfall and that's bus operators. Buses are emerging the preferred choice of transport between Hyderabad and Bangalore.

•	Mkts could see relief rally on +ve Big Tech nos
	Towards the end of the week, big technology earnings like Infosys should start coming in. If the numbers are good and the market feels good about earnings, then that might lead to a little bit of relief rally.

•	Minimum criteria for EPF scheme lowered
	The Employee Provident Fund board meet has deferred its decision on setting interest rates for FY09, reports CNBCTV18. The board has okayed a proposal to lower threshold limits to a minimum of 10 employees for applicability to the EPF scheme. The board will meet again next month.

•	Is Coimbatore the next BPO city?
	Popularly known as the Manchester of South India, Coimbatore's fame as a textile hub of the country is a wellknown fact. One can say that what Pune is to Mumbai, Coimbatore is to Chennai.

•	Is Chennai fuel crunch harbinger of panIndia crisis?
	Even as Andhra hits upon a unique idea to battle rising crude prises, Chennai continues to struggle. The city grappled all week with a fuel supply crunch. Tata Motors chairman Ratan Tata, in the company's annual report, said that if fuel demand grows at 20%, there will be a supply crunch and warned that it will hit car sales.

•	NDA wants UPA to prove its nos in Parliament
	The opposition, NDA has demanded that Prime Minsiter Manmohan Singh's government immediately convene a session in Parliament and seek a vote of confidence to prove its majority.

•	Biofuel is next big bet if crude continues to rise
	The spike in crude prices has hurt every sector but one industry has taken off. That is the alternative fuel industry, also known as the biofuel industry. Andhra Pradesh is slowly becoming the hub for this sunrise sector.

•	Thomas Cook India declares 50% dividend
	The shareholders of Thomas Cook India Limited at the Annual General Meeting held on Friday June 27, 2008 approved dividend of 50% on equity capital of the company.

•	Aditya Mittals tips on how to survive a downturn
	Aditya Mittal, CFO, ArcelorMittal is just 32 and is the new face of the global steel industry. He has helped put together about 50 deals. Mittal is an MA whiz and a strategist par excellence.

•	First Winner Industries to list on July 8
	First Winner Industries (FWIL), engaged in the manufacture of grey fabrics and in supplying textile fabrics to various wholesalers, apparel and garment manufacturers, will list on the bourses with 1,77,32,793 equity shares on July 8, 2008.

•	Samuel Mathew perform Angioplasties at Lilavati Hospital
	Dr. Samuel Mathew Team at Lilavati Hospital, Mumbai perform 3 Complex Angioplasties watched by 1500 International Cardiologists. Angioplasty is a choice of treatment in many patients in whom bypass surgery can be permanently avoided.

•	DLF Pramerica gets regulatory approval to start operations
	DLF Pramerica Life Insurance Co. Ltd., announced that it has been granted an R3 license by the Insurance Regulatory Authority of India, allowing DPLI to start life insurance operations in India

•	Why did Cadbury's Dairy Milk ad bag the Grand Prix?
	The Gorilla film for Cadburys Dairy Milk picked up the Film Grand Prix.The Grand Prix winners have done the best work in Advertising and Marketing communication from around the world for 2007.

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