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Parsvnath Developers Q1 net dips 81% at Rs 14 cr
Real estate firm Parsvnath Developers today reported a net profit of Rs 13.81 crore for the first quarter ended June 30, a 81 per cent decline over the corresponding period a year ago. The company had posted a net profit of Rs 73.96 crore in the same period last fiscal.

ING writes to Irda on move to split biz
ING will sell its stake in the life insurance business by 2013 as part of its ongoing Back to Basics programme by moving towards complete separation of its banking and life insurance operations.

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FIIs net sell Rs 549cr, DIIs net buy Rs 142cr
Foreign institutional investors (FIIs) were net sellers of Rs 548.77 crore (provisional) today, according to data released by BSE.
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Bill Clinton on surprise visit to NKorea

Former US President Bill Clinton today made a surprise trip to North Korea amid an international standoff over the country"s nuclear programme and concerns about two US reporters imprisoned in Pyongyang since March. - US rules out any direct talks with North Korea - US open to conditional talks with North Korea - NKorea suggests different disarmament talks - UN panel slaps sanctions on 5 N Korean officials, 5 entities - South Korea developing new electronic bombs - US, Japan to hold "official" talks on nuclear umbrella Clinton today landed in Pyongyang and was greeted at the airport by North Korean officials, including chief nuclear negotiator Kim Kye Gwan, North Korea"s state news agency said in a brief dispatch. His visit comes amid heightened tensions over North Korea"s string of nuclear and missile tests in defiance of UN resolutions, and calls from Washington for amnesty for the two reporters. Ling and Lee, reporters for former Vice President Al Gore"s California-based Current TV media venture, were arrested in March while on a reporting trip to the Chinese-North Korean border. They were sentenced in June to 12 years of hard labour for entering the country illegally and engaging in "hostile acts." In New York, the Clinton Foundation did not immediately return calls, and Gore"s spokeswoman, Kalee Kreider, said she could not comment. At the White House, Deputy Press Secretary Tommy Vietor said he had no comment.


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