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FMC rejects USE's 10% stake buy in Indiabulls-MMTC bourse
Indiabulls-MMTC promoted International Multi-Commodities Exchange is looking for another investor after the markets regulator FMC rejected the United Stock Exchange of India"s (USE"s) 10 per cent stake buy in the bourse, sources said.

US to remove cap on intake of medical students
The US Administration will bring a Bill in the Congress to remove the federal cap on intake of medical students, a move that will benefit international students, including those from India, a body of Indian-origin physicians in America has claimed.

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Jyoti Parikh & Kirit Parikh: Deal-making at Copenhagen
Jyoti Parikh & Kirit Parikh / New Delhi November 22, 2009, 0:08 IST
Public Relations

DCI gets PIB clearance for three dredgers worth Rs 1,722 cr

Dredging Corporation of India Ltd has received approval for purchasing three dredgers worth Rs 1,722 crore from the Public Investment Board. Sensex ends up 35pts "The proposal will be forwarded to the Cabinet Committee on Infrastructure for approval," he said. Srivastava said the government desired at least one dredger to be built in any Indian shipyard with technology transfer from an international company. "IHC Holland has been selected for the three dredgers. But, if the company does not agree for technology transfer to any Indian shipyard then we will order only 2 from them," Srivastava said. DCI has 12 dredgers of which some were 30 years. In the 11th plan period, over 600 million cubic metres of dredging was targeted in all ports.


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