Reuters: Money News: GAIL says looking to buy U.S. shale assets jointly with EDF

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GAIL says looking to buy U.S. shale assets jointly with EDF Feb 1st 2013, 12:47 NEW DELHI (Reuters) - GAIL (India) Ltd is looking to buy shale gas assets in the United States jointly with a unit of France's EDF , the Indian state-run gas transmission company's chairman B.C. Tripathi said on Friday.

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Reuters: Money News: India to take baby steps towards gold-linked products

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India to take baby steps towards gold-linked products Feb 1st 2013, 12:47 MUMBAI (Reuters) - The RBI plans to introduce three to four gold-linked products in the next few months, in an effort to bring 20,000 tonnes of gold held in households into the banking system, but the measure is unlikely to cut bullion imports sharply, a senior official said.

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Reuters: Money News: Service tax evasion at 98 billion rupees in April-Dec: official

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Service tax evasion at 98 billion rupees in April-Dec: official Feb 1st 2013, 12:18 NEW DELHI (Reuters) - Tax evaders deprived India's coffers of about 98 billion rupees in service taxes during April to December 2012, a finance ministry official said on Friday.

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Reuters: Money News: New Cassidian CEO puts focus outside Europe after India setback

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New Cassidian CEO puts focus outside Europe after India setback Feb 1st 2013, 13:20 FRANKFURT (Reuters) - The new head of Cassidian, the defence arm of European aerospace group EADS, has vowed to take the company's focus away from Europe after missing out on a $15 billion Indian order for fighter jets last year.

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FOXBusiness.com: Spanish Banks' Earnings Hit by Cleanup

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Spanish Banks' Earnings Hit by Cleanup Feb 1st 2013, 13:15 Earnings from three Spanish banks were dragged down on Friday after they were forced to set aside cash to cover potential real-estate losses, with two big banks recording steep falls in profit and a midsize lender posting a record loss.

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FOXBusiness.com: Chrysler posts highest January sales since 2008

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Chrysler posts highest January sales since 2008 Feb 1st 2013, 14:11 Chrysler Group LLC said January car sales of 117,731 were the best since 2008 and projected industry sales during the month grew at an annual rate of 15.

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FOXBusiness.com: Exxon's quarterly profit rises 6 percent

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Exxon's quarterly profit rises 6 percent Feb 1st 2013, 14:14 Exxon Mobil Corp , the world's largest publicly traded oil company, on Friday reported a 6 percent increase in quarterly profit, partly due to higher refining margins.

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