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ING Life aims 15% growth in new biz premiums
Aiming to break even in the next three years, ING Life is targeting a 15 per cent increase in its new business premiums, a top company official today said.

Singur land not 'formally' sought: Industry minister
The West Bengal government had not sought return of the land at Singur from Tata Motors ‘formally’, said West Bengal commerce and industry minister Nirupam Sen, a day after Ratan Tata said the government had not approached for the land. Speaking on the sidelines of a seminar organized by Assocham in association with the Bengal Chamber of Commerce & Industry and Merchants’ Chamber of Commerce, Sen said, though the government had not formally asked for the land, the company had been informed about the Bhel proposal and later the Railways proposal. Sen said, unless the Railways submitted a formal proposal, the government would not ask for the land back. With Sen’s comments, it appears that Singur was once again in limbo, as Railways has made it clear that it would not visit the land as it belonged to Tata Motors.

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Bajaj Auto posts highest-ever quarterly profit at Rs 403 cr
The country"s second-largest two-wheeler maker, Bajaj Auto, today reported its highest ever net profit recorded in a quarter at Rs 402.83 crore, driven by good sales in the profitable bigger and sportier motorcycles category.
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Australian PM says climate talks nearly collapsed

Australian Prime Minister Kevin Rudd today praised the very completion of the Copenhagen climate summit as progress, saying that the talks had hovered near collapse. - US, BASIC struck deal; developing nations oppose it - Obama lauds India for setting forth mitigation efforts - Rajya Sabha to debate climate meet on Monday - China assures india on joint statement with US - Devangshu Datta: Climate of change">Devangshu Datta: Climate of change - Bhutan to remain carbon neutral Rudd, who has made climate change a signature issue at home, said he recalled seven times in the final stretch when the 194-nation summit could have broken up in disarray. "There was a grave risk that these negotiations would collapse altogether and we would have had a triumph of inaction over action," Rudd told reporters. "Instead we had a result that underpins action. That represents substantial progress," Rudd said. He said the summit provided the greatest consensus yet on the need to stop the planet from heating up two degrees celsius from pre-industrial levels. "The test that I"ve applied is what was before and what was after," Rudd said of agreements on climate change. Rudd, who has closely aligned himself with President Barack Obama, praised the US leader for helping break impasses in the negotiations. At key moments, "the president of the United States walks in, rolls up his sleeves and says, "Okay, let"s have a go on this," and you make some progress. That produced a magical result," Rudd said. "The attitude taken by various countries in these negotiations has been particularly hardline," Rudd said, while declining to name specific nations.


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