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Indian companies are seeing acclerated pace of credit downgrades while upgrades are slowing, as pressure on profitability mounts and demand moderates, rating agency Crisil said on Tuesday.
With the growing popularity of social networking sites like Facebook and Twitter, companies in India are planning to spend 30-40 pc of marketing budget.
Millions of people are plotting how to be among the first to buy new iPhone but millions more may be considering a competitor, an Android phone.
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| The world's cheapest tablet, which will be unwrapped on Wednesday, will go on sale in India starting December, the device maker said. |
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| Indians who have made their money in other businesses back home are increasingly taking over hotel from distressed owners in the US. |
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| I have merely stated that in my experience of over 20 yrs, talking to investors worldwide, most don't care about the way profits are made. |
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