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Etisalat DB inks Rs 750-cr BPO deals
Etisalat DB Telecom India, a new telecom operator, has signed deals worth Rs 750 crore ($150million) with three Business Process Outsourcing (BPO) service providers. The company said it had entered into five-year outsourcing agreements with Tech Mahindra, Aegis and Conflux. Etisalat DB Telecom India is a joint venture between Dubai-based Etisalat and India’s Dynamix Balwas Group. The company has a licence to operate in 15 telecom circles.

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Newsmaker: Sushma Swaraj
Aditi Phadnis / New Delhi December 25, 2009, 0:03 IST

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Air India cuts fares by 20-46% for next 3 days
Following fare reduction by Jet Airways, national flag carrier Air India has cut fares by 20-46 per cent on certain flights on select domestic routes for travel up to September 18.
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Asian bourses end positive

The Hang Seng slipped 174 points to 22,324. The Nikkei advanced 145 points or 1.5% to 10,167. The Shanghai Composite Index increased 15 points to 3,332. Sensex pares gains; Hindalco up 4% Loan prepayment does not violate competition laws:Banks SRK stands by his IPL remarks, says India a welcoming place Obama proposes substantial jump in aid to Pak Oil rises on bullish US manufacturing data The Nikkei is quoting at 10,168, stronger by 146 points or 1.4%. Straits Times is quoting at 2,800, Seoul Composite is at 635, higher by 10 points or 0.61% and the Taiwan Weighted is at 7,776, up 125 points or 1.6%. Shanghai Composite is trading flat at 3,314. Hang Seng is trading weaker by 139 points or 0.6% at 22,359. ________________________________________ (Updated at 0818 am) The Nikkei is at 10,163, up 141 points or 1.4%. Straits Times is quoting at 2,793, Seoul Composite is at 1,630, higher by five points or 0.31% and the Taiwan Weighted is at 7,749, up 99 points or 1.3%. Shanghai Composite is at 3,324, up seven points or 0.21%. Hang Seng is the only exception, trading marginally lower by 37 points or 0.2% at 22,461.


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