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Asian banks have little exposure to Dubai: Moody's
Banks across Asia have minimal exposure to Dubai and its debt-laden conglomerate Dubai World, Moody"s Investors Service said.

ONGC picks up stake in South Pars field; to develop Farsi bloc
In a major breakthrough, Oil and Natural Gas Corporation (ONGC) today signed agreements to pick up stake in a giant gas field and an LNG plant in Iran, which also awarded the rights to develop a gas discovery it made in the Persian Gulf two years ago.

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Altis ego
I am planning to buy a car, which most probably will end up with my father. My budget is in the range of Rs 10-13 lakh. Which one would you suggest — the Honda Civic or the Toyota Corolla Altis? He normally prefers a petrol, but if you think the new Chevrolet Cruze is much better than the rest, then I can convince him for the diesel also. I am also looking at a used, last generation 2007 Audi A4 diesel. It is working out to be more expensive even in terms of finance. What will you suggest?
Small Business

ICICI, Infy among best firms for nurturing talent

As many as five Indian companies, including ICICI Bank and Infosys Technologies, rank among the top 12 companies in the Asia Pacific region for being instrumental in building leadership capability within their organisation. - Infosys" KPO head resigns - Infosys BPO likely to get new CEO by Jan 15 - Job market looking up: Infy"s Pai - Infy may acquire European cos for $400-500 mn - F&O Outlook: Nifty may test new high before expiry - Infosys BPO chief quits; to join HDFC Standard Life According to the list compiled by HR consultants Hewitt, in partnership with RBL Group and US magazine Fortune, ICICI Bank emerged at the top, followed by China Mobile Communications Corp and TCL Corp, a China-based electronics goods maker. The Indian arm of global FMCG major Unilever, Hindustan Unilever, was ranked at the fourth, Aditya Birla Group was sixth, Infosys Tech was ranked eighth and another IT major Wipro cornered the 10th slot. Among others on the list, agricultural products firm Olam International was positioned in the fifth place, beer and wine products producer Lion Nathan was at the seventh position. The New Zealand Refining Company was ranked ninth and TrustPower Ltd and British American Tobacco Berhad stood at the 11th and 12th positions, respectively. Meanwhile, in the global top 25 list, there were as many as three Indian companies — ICICI Bank, Hindustan Unilever and Infosys Technologies. Regarding the decent presence of Indian companies, Hewitt Associates Talent and Organisation Consulting (Business Leader) Ajay Soni said: “It comes as no surprise that Indian firms have a good presence in these lists. These companies are well-positioned for growth despite the economic challenges.” In the global list, ICICI Bank was on the fifth spot, Hindustan Unilever stood at the 10th spot, while Infosys have made a space for itself on the 24th slot.


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