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Mouse has eaten the CAT, laments Sushma
Opposition members expressed concern in the Lok Sabha today over the server crash during the CAT examinations that affected hundreds of students all over the country.

TRAI to float consultation paper on M&A norms
Telecom regulator TRAI today said it will float a consultation paper on merger and acquisitions in the sector by the next month, a move that could unleash the second wave of consolidation in the sector.

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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.
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Markets down in early trades

The Sensex opened weak this morning following subdued cues from its Asian peers. The Sensex opened at 16,827 and is now down 61 points at 16,798. - Nifty below 5,000 in opening trades - Tech view: Markets likely to open weak - Downside breakout could test 4,800 - Markets at a glance - Downside breakout could test 4,800 - BSE Capital Goods index slumps 7% this week The Nifty slipped below the 5,000 mark in opening trades. The index has now recovered and is down 21 points at 5,015. Asian markets are in red in morning trades. The Hang Seng has dropped 239 points (1%) to 20,486. The Nikkei has slipped 127 points (1.2%) to 10,463. HDFC Bank has dropped 2% to Rs 1,646 in morning trades. Infosys and Sterlite have dropped 1.8% each to Rs 2,525 and Rs 804, respectively. Wipro is down 1% at Rs 693. On the other hand, Maruti Suzuki has gained 2% at Rs 1,459. Mahindra & Mahindra has added 1.5% to Rs 1,149. Grasim and ITC are up 1% each.


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