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United Spirits PE deal unlikely to sail through
United Spirits, India’s largest spirits firm from the stables of UB Group, efforts to raise Rs 1,000 crore through the private equity route is unlikely to sail through. United Spirits, owned by Indian billionaire Vijay Mallya has been in discussions with global private equity giants including KKR and Capital International to raise resources to largely settle the huge debt pile of the firm. generic levitra

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Petronet LNG eyes 53% growth in top line
LNG importer Petronet LNG is eyeing 53 per cent growth in the top line at Rs 13,000 crore during the current fiscal, Petronet LNG Managing Director P Dasgupta said today.

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Narayana Murthy steps down as NDTV Director

Media firm New Delhi Television (NDTV) today said N R Narayana Murthy, founder of IT major Infosys Technologies, is stepping down as its director with immediate effect. - English movie channels step out of television sets - Infosys to up delivery capabilities in LatAm - Infosys to up delivery capabilities in LatAm - Infosys announces expansion of Mysore campus - Low morale prompts top 4 IT firms to skip employer survey - "Infosys not moving out of Bengal now" NDTV today informed the stock exchanges that Murthy has expressed his inability to continue on its board because of his other commitments but has agreed to act as a mentor. "In view of increasing pressure on his time and due to his commitments within and outside Infosys, N R Narayana Murthy has expressed his inability to continue as a director on the board of Directors of the company with immediate effect," the filing said. It further added that "Murthy has agreed to act as mentor for NDTV". Infosys Technologies" Chairman of the Board and Chief Mentor, Narayana Murthy, was acting as the Non-Executive Independent Director of the company. NDTV said: "The board of directors and the company place on record their deep appreciation of the valuable contribution of Murthy as a director during his tenure on the board."


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