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May 22, 2012
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IMF chief urges balanced policies for higher, better growth
Global policymakers should strike a balance between austerity and growth in designing economic policies to deliver faster and better growth, as fiscal adjustment and other headwinds weighed down growth, International Monetary Fund (IMF) chief Christine Lagarde said.
Cos bet on employee-friendly policies to retain talent
Corporates today are adopting more family-friendly and flexible HR policies that help in increase profitability and become instrumental in retaining talent, say industry experts.
Max Bupa names Manasije Mishra as CEO Designate
He will succeed Damien Marmion, the founding CEO of Max Bupa, and work closely with him over the next few months to ensure a seamless transition and would assume the position of CEO of Max Bupa thereafter.
Bahrain Telecom unlikely to bid in next India bandwidth auctions
Bahrain Telecommunications is keen to invest in "existing operators and not start up companies," Group Chief Executive Shaikh Mohamed bin Isa Al Khalifa said.
AP govt cancels land allotment to HPCL for Vizag petro complex
In a setback to state-owned HPCL, the Andhra Pradesh government has cancelled the land allotted to the company for setting up its proposed Rs 45,000-crore petrochemical complex at Visakhapatnam, due to delay in executing the project, a government official has said.
DB Realty Group Director N Shridhar resigns
The city-based troubled realty firm DB Realty today said its Group Director N Shridhar has resigned from the company citing health and personal reasons.
Christine Lagarde welcomes India's commitment to contribute to IMF
International Monetary Fund Managing Director Christine Lagarde has welcomed the indications by countries like India and Brazil to contribute to its resources.
Lagarde urges direct support for European banks
The head of the International Monetary Fund says the officials managing Europe's debt bailout fund should consider providing financial support directly to European banks that need more capital reserves.
Lagarde assures IMF able to boost crisis funds
IMF head Christine Lagarde said on Thursday that it would be able to boost its crisis intervention capacity this week as worries mounted that Spain might be the next eurozone country to seek a rescue.
IMF needs solid Cairo support for loan: Lagarde
IMF chief Christine Lagarde said Thursday that the global lender needs solid support from Cairo's authorities for a truly viable programme if it is to lend Egypt money.
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Illicit outflow of money from India pegged at $104 bn
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White Paper for setting of Lokpal to deal with black money
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