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Cooper Corp to launch LCVs
Auto components maker Cooper Corporation today said it will foray into manufacturing of commercial vehicles, mainly to compete with Tata Motors" LCV Magic, and has earmarked Rs 300 crore to set up a plant and expand facility in Maharashtra in next 18 months.

PE players see opportunity in infrastructure
A majority of large private equity (PE) players are gearing up to raise fresh funds for investing in the infrastructure sector. According to a survey of the leading PE firms conducted by management consultancy Ernst & Young and industry body Asscoham, 84 per cent of the PE firms said that they found the present environment conducive to raise infrastructure-focused funds.

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Rajaratnam pleads not guilty to insider trading
Sri Lankan Tamil-origin billionaire Raj Rajaratnam has pleaded not guilty before a court here to running an insider trading scam that allegedly racked upto $21 million in profits, the biggest such case in the US.
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IIM-B ranked No 1 B-school in India

The Indian Institute of Management Bangalore (IIM-B) has for the second consecutive year been recognised as the number one business school in India. - IMI to invest Rs 50 cr on Bhubaneswar campus - Elite B-school students back in radar of finance cos - IIM-C summer placement back in limelight - Tr(e)ading with caution - Will the IIM global foray be easy? - IIMs to offer seats to foreign students soon As per the 2009 worldwide business school ranking done by Eduniversal, a unit of French consulting firm SMBG, IIM-B has been chosen as the top business school in India. In the Eduniversal Palmes 2009, IIM-B has been awarded "5 Palmes", the highest recognition under the evaluation, accorded to "Universal Business Schools with major international influence". The Award effectively positions IIM-B among the 100 best business schools worldwide, an IIMB release said. Notably, the Deans of the 1,000 best business schools from 153 countries have voted for IIM-B with a recommendation rate of 395 per thousand, followed by IIM-Ahmedabad (345). The Eduniversal Palmes uses a comprehensive methodology that takes into account all the aspects of a business schools" influence on three different levels. "We are delighted to once again receive this recognition as India"s top management school," said IIM-B Director Pankaj Chandra. "We are making several efforts to enhance the quality of learning and impact of our research so that IIMB remains the preferred management school for students with global aspirations." The process of the Eduniversal Official Selection involves a global mapping system meeting the criteria of universality and the international reputation of each academic institution.


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