David Merritt News
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Tata Power Co., India’s second- largest generator, is seeking coal assets in the U.S., Canada and Colombia as prices of the fuel drop amid surging shale gas supplies in North America.
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Watched over by armed elite police, Imran Khan told thousands of flag-waving supporters in the town of Okara in Pakistan that together they would end the rule of parties that had pushed the nation to the brink of ruin.
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Pakistan State Oil Ltd., the nation’s biggest fuel retailer, posted a 32 percent decline in third-quarter profit as some customers delayed payment of dues.
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Tata Sons Ltd. Chairman Cyrus Mistry, chasing his predecessor’s vision of boosting revenue fivefold in the next decade, is searching for a head of mergers and acquisitions, a person familiar with the plan said.
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A Bangladeshi Islamic group bid to enforce a shutdown across the country today as it demands the government introduce new anti-blasphemy laws to punish bloggers it says have defamed Islam.
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Billionaire Kumar Mangalam Birla plans to merge all his carbon black units and may sell shares in the combined company, said two people familiar with the matter.
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India’s billionaire brothers Mukesh and Anil Ambani announced a 12 billion-rupee ($221 million) pact to share a fiber-optic network, their first deal since splitting the Reliance business empire founded by their father.
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Living in poverty in a mud shack in Pakistan, Mazhar Ali dropped out of school, sold the family’s two buffalo and bought a visa to work in Dubai. The money he sends home is paying for a new house.
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Tax treaties will help the Indian units of Unilever and Nestle SA avoid paying higher levies on royalties to their parents, frustrating Finance Minister Palaniappan Chidambaram’s efforts to bolster collections.
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Pakistan’s central bank, commercial banks, stock exchanges and government offices will be closed tomorrow as the nation celebrates the birth of Prophet Muhammad 15 centuries ago. They will reopen on Jan. 28.
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