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L&T, NPCIL set to join hands
Larsen & Toubro (L&T) is forming a joint venture with state-owned Nuclear Power Corporation of India (NPCIL) to explore co-operation in manufacturing and setting up of nuclear power plants as a part of India"s ambitious nuclear development programme.

No plan to abolish import duty on rice: Sharma
Amid rice prices going up, the government today said it has no plans to abolish customs duty on rice import for now as there is sufficient stocks of the foodgrain.

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Kronos in talks with Gujarat firms for workforce management
Eyeing the scope among small and medium enterprises (SMEs) as well as big firms in Gujarat, workforce management solutions provider Kronos is in talks with manufacturing, pharma, ports and logistics firms in the state for its next version solution "Workforce Central Suite 6.2"
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Tata Motors in tie-up with UBI for channel financing

Tata Motors has entered into an understanding with the Union Bank of India (UBI) to provide an added facility to Tata Motors" dealers for funding of their purchases of the company"s cars and utility vehicles. - Too few good men - One step forward: Bengal to buy land for private projects again - Car firms put SUV launches in top gear - Tatas to launch Freelander SUV on September 22 - Tata Motors gets Rs 78 cr UK loan for electric car - Tata Motors gets Rs 78 cr loan from UK govt for electric car With this arrangement, UBI will be one of the preferred channel financiers of Tata Motors, a press release said here today. Tata Motors, TML Distribution Company (TMLDC), a wholly-owned subsidiary of Tata Motors, and UBI have mutually agreed to pool their resources together to make accessible organised finance at competitive rates to the Tata Motors dealers across the country, the release said. UBI"s wide range of banking services and financial products include finance for purchase of vehicles. UBI has a large network of over 2,650 branches across the country.


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