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Delhi academic arrested for Parliament attack
New Delhi:
Police on Sunday arrested four people on charges of being co-conspirators in the attack on Parliament which left 12 people dead.

The arrested include a Delhi academic, A R Geelani, and three others from Kashmir, Shaukat, Afzal and Afsana alias Navjot.

Geelani is a lecturer of Arabic at the Zakir Hussain College (Evening) of Delhi University.
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Inflation drops to 2-decade low
New Delhi: Continuing its downward spree, inflation dropped to two-decade low of 2.27 per cent in the week ended 1 December, as compared to 8.33 per cent in the corresponding period last year, despite soaring prices of vegetables, eggs, fruits, meat, fish and coconut oil.

The change in the price level as measured by Wholesale Price Index (WPI) saw a sharp 0.13 per cent fall in the latest reported week from 2.40 per cent in the previous week mainly on account of lower prices of furnace oil, light speed diesel, rice, sooji, atta, beer and alcohol.
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A-I can have 58 year-old air hostesses
New Delhi: The Supreme Court has permitted Air-India air hostesses to fly up to the age of 58 but stayed the Bombay High Court order directing the airliner to treat them equal with male flight stewards in respect of promotional benefits.

Upholding the Bombay High Court order to the extent of allowing the air hostesses to fly up to the age of 58 years, the apex court, however, granted an interim stay on Friday on the high court order making them equal to the male stewards in respect of promotional benefits till pendency of the case.
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DoD opens dialogue with global bankers
New Delhi: The Department of Disinvestment (DoD) has asked international investment bankers like JP Morgan Stanley and ANZ Grindlays to rope in more investors to buy stake in PSUs.

The Disinvestment Ministry's strategy is to hard sell Indian PSUs in overseas markets on the strength of completion of few privatisation deal in the last few weeks and a very favourable verdict of the Supreme Court on disinvestment of government's majority stake in Balco.
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CTV exports grow by 136%
New Delhi: Colour Television exports grew by a whopping 136 per cent to Rs 187 crore in 2000-01, with overall consumer electronics (CE) exports surging 38 per cent.
Consumer electronics exports grew to Rs 620 crore in 2000-01 from Rs 450 crore in the previous fiscal, largely buoyed by growth in CTV, public address systems, clocks, video recording and watch exports, as per a study conducted by Electronics and Computer Software Export Promotion Council (ESC).

The major destinations for exports of CTVs were UAE, Sri Lanka, Singapore, Britain, Poland, Bangladesh, Iran, Spain, hong Kong, Australia and Kenya.
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domain - B : Indian business : News Review : 16 Dec 2001 : general