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The cost of land
Business Standard / New Delhi December 11, 2009, 0:05 IST

FIIs hike holdings in 25 Sensex cos in Q1
Foreign Institutional Investors raised their holdings in as many as 25 Sensex companies in the first quarter of the current fiscal, riding on positive global cues and a decisive verdict in the general elections.

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FDI up 56% as India beats recession blues
India is back on the radar of global investors even in the midst of the global financial crisis, with 56 per cent year-on-year rise in inflows of foreign direct investment in July this year, an official said.
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City traffic project by 2010

B-Trac 2010 Bangalore, a project to address issues of traffic congestion and safety by using latest traffic management technology, will become operational by March 2010, a top police official said. - RIM launches BlackBerry App World in India - Handset players jostle for market share - Carry around a virtual library - Bold designs - Vodafone, RIM launch BlackBerry Storm2 in 7 EU nations, SA - Magical and Heroic The five year-programme will cost about Rs 350 crore. For financial year 2007-08 and 2008-09, the government has released Rs 44 crore and Rs 38 crore respectively and for 2009-10, the government has already approved Rs 40 crore for the project which will be implemented by the Karnataka Road Development Corporation, City Police Commissioner Shankar Bidari told reporters here today. The project, claimed to be the first such in the country, is aimed at complementing the efforts being made by other agencies to upgrade road infrastructure and efficient mass transportation system. Highlighting an important component of the project which involves equipping every police officer with ‘blackberry’ for automated enforcement thereby phasing out paper-based notice books, he said “within a month of the implementation of the project, the whole traffic system will be automated”.


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