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Asia-Pacific records highest volume of 'billion-dollar' deals
The Asia-Pacific region attracted as many as 89 billion-dollar deals — the highest total on record — worth over $292 billion so far this year, says a report. “Asia-Pacific deals over $1 billion reached $292.1 billion via 89 deals in 2009, up 44 per cent on 2008, making it the highest total on record,” global deal tracking firm Dealogic said.

Shree Cements Q3 net rises 35% to Rs 167 cr
Shree Cements has reported 35 per cent increase in net profit to Rs 167.4 crore in the third quarter ended December 31, 2009 as against Rs 124 crore in the same qaurter last year.

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ASE plans to tie up with NSE
Gujarat’s Ahmedabad Stock Exchange (ASE) plans to tie up with the country’s top equity bourse, the National Stock Exchange (NSE), say sources within ASE.
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PM yet to decide on attending Copenhagen climate summit

With US and French leaders asking Prime Minister Manmohan Singh to attend the Copenhagen Summit on climate change, he is weighing options to participate in the meet where India is expected to strongly pitch for legally binding substantive outcome to deal with the challenge posed to the world. - PM yet to decide on attending Copenhagen climate summit - Crisis not to snowball into another meltdown: PMEAC - Experts raise growth predictions for India - India to again stress services at WTO ministerial talks - Ashok K Lahiri: The rise of renminbi">Ashok K Lahiri: The rise of renminbi - Revised Copyright Act to pinch broadcasters" pockets On his part, Singh told reporters on his way back home after attending the CHOGM Summit in Port of Spain, that he has not made up his mind yet on attending next month"s crucial summit. US President Barack Obama and French President Nicolas Sarkozy had during meetings with Singh suggested that he should take part in the global meet. "I have not decided yet. It is pre-mature to say," Singh said. After talks with Singh on the sidelines of the just concluded CHOGM summit in Port of Spain, Sarkozy had said, "India has nothing to lose and everything to gain by being in Copenhagen. If India is to be heard, it needs to be present." According to present plans, Environment Minister Jairam Ramesh is due to represent India at the summit that will kick off on December 7. Some 80 presidents and premiers are expected to attend the final days of the conference on December 17-18. Obama might use his December 9 drop-by at the Copenhagen conference on his way to receive the Nobel Peace Prize in Oslo, Norway to announce a US offer on financing. Ahead of the meet, India has made it clear that there was no question of taking any binding carbon emission cuts. It has also indicated that there will be a coordinated approach among emerging economies including Beijing and New Delhi. "There cannot be any emission cuts... That is what we have said and this is also which is something what the developed countries have said," the pointsman on climate change Shyam Saran said. "That they (industrialised nations) don"t expect countries like India, actually to sign on to emission reduction target but rather to sign to a deviation from business as usual," he said. Saran"s views came after India and China along with other developing nations forged a common front to put pressure on the developed nations at the UN summit. He dismissed notions that there was any pressure on India to take on legal emission cuts at the forthcoming meet and instead referred to various voluntarily steps taken by it whether it was in terms of renewable energy or improvement in energy efficiency.


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