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Sequoia Capital invests Rs 40 cr in Just Dial
Sequoia Capital India today announced that it has invested Rs 40 crore in Just Dial, a local search engine.

FDI jumps 60% to $1.74 bn in Nov
Foreign direct investment in the country surged by 60 per cent to $1.74 billion (around Rs 8,000 crore) in November, an official said today.

News of the day

Emami merges Zandu Pharma's FMCG business
Kolkata-based Emami Ltd, which acquired Zandu Pharmaceuticals in October 2008 for Rs 750 crore, has decided to merge the fast moving consumer goods (FMCG) business of Zandu Pharmaceuticals with its counterpart in Emami.
Corporate

NEWSALERT: Dish TV Q1 net loss at Rs 69.2 cr

Dish Tv India, an Essel Group Company, reported a net loss of Rs 69.2 crore for the quarter ended June 30. 2009. Its net sales have gone up from Rs 246.3 crore from Rs 164.5 crore. - Fed Bank Q1 surges two-fold to Rs 136 cr - Havells India net profit rises 21% at Rs 49 cr - Syndicate Bank Q1 profit jump three fold to Rs 261 cr - Financial Tech Q1 net surges 166% at Rs 20 cr - DLF Q1 net plunges 79% to Rs 396 cr - Austral Coke Q1 dips 66% to Rs 15 cr Details awaited


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