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Apple iPhone 5 Tops 5 Million, But Shares Fall Amid Supply Constraints

Apple posted record sales of its latest iPhone 5, selling over five million units in the first three days since its availability in stores. But analysts claimed that what seemed to be blockbuster sales for the tech firm was instead a lower-than-expected figure that sent the company's shares tumbling. Sep 25, 2012
manmohan-singh-led-government-proposes-second-wave-of-fdi-reforms

FDI in Retail, Diesel Hike: PM’s Take on India’s Big Ticket Reforms

The government shows no signs of relenting to the allies and Opposition demands for the withdrawal of policy initiatives on FDI in retail and diesel price hike, with Prime Minister Manmohan Singh saying that the long-delayed reforms were essential for reviving growth and improving the investment climate in India. Sep 16, 2012
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Kingfisher Airlines Cancels Over 40 Flights as Pilots go on Strike

Debt-ridden Kingfisher Airlines cancelled as many as 41 flights on Saturday after a section of staff restored to strike demanding immediate payment of their due salaries. The striking airlines pilots have alleged that the airlines management haven't paid salaries for about five months. Jul 14, 2012

Grameen Koota Raises ₹250 Million Through NCDs

Grameen Financial Services Private Limited (GFSPL), a microfinance institution (MFI) headquartered in Bangalore, has raised debt funds to the tune of ₹250,000,000 from Social Investments AG via secured, redeemable, non-convertible debentures (NCDs). Jun 26, 2012