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A perfect brew
The win-win deal between United Breweries and Heineken opens up a window of growth opportunities for the duo.

Sunil Jain: Problem post
Are Indians likely to mail five times as many letters this year as they were expected to last year? That"s the question that comes to mind when you see the rise in the deficit for the postal department. From a revenue deficit of Rs 958 crore in the budget estimates for 2008-09, this rose to a whopping Rs 3,825 crore in the revised estimates for the year and an estimated Rs 5,395 crore in 2009-10 budget. It turns out nothing of the sort is happening. The postal department’s receipts fell from a budgeted Rs 6,159 crore in 2008-09 to Rs 5,966 crore in the revised estimates, but this is budgeted to rise again, to Rs 6,136 crore in 2009-10.

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Tata Sky tunes in to the power of plus
The second largest DTH player is way behind the market leader in subscriptions. But it is pushing value-added services to maintain its leadership in average revenue per user
Small Business

More cities under affordable housing project: Tata

The affordable housing projects launched by Tatas in Mumbai would be extended to more cities since the concept had evinced keen interest from all parts of the country, Tata group Chairman Ratan Tata has said. The group was looking for housing projects in Kolkata and Bangalore in the next phase, Ratan Tata, who was here to attend silver jubilee of High Range School run by the company here, said during an interaction with journalists yesterday. - TVS Shriram Fund buys stake in Landmark - HC stays Trent plans for Star Bazaars in Delhi - Indian Hotels Q2 PAT dips 76% to Rs 12 cr - Tanishq eyes Rs 3,000 cr turnover this fiscal - Tata Investment net rises 9% at Rs 89 cr - Titan net down 11.6% in Q2 Sensex ends up 35pts Cox & Kings Q3 net jumps 88% to Rs 19 cr UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit Asked about the hype about austerity measures by the government, he said Tatas had always followed austerity principle by avoiding wastage and cutting costs in operations. The group, however, did not believe in cutting down salaries, he said.


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