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Maytas Infra board moves CLB for removal of former director
In a surprise move, the Maytas Infra board today approached the Company Law Board (CLB) to remove erstwhile director R P Raju from proceedings in a case filed by the government for superseding of the company"s board.

'We should be able to clock 20% growth in India'
K Rajani Kanth / September 18, 2009, 0:18 IST

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RIL, ONGC lead stock surge
Heavy buying by foreign and domestic institutional investors saw the Bombay Stock Exchange (BSE) Sensex rise 2.25 per cent, or 339 points, to close at a 10-month closing high at 15,466. The rally was led by index heavyweights Reliance Industries (RIL) and Oil and Natural Gas Company (ONGC) as global crude oil price touched $71 a barrel after settling above $70 for the first time in over seven months. Firm global markets too helped the rally.
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Victoria Premier invites India businessmen to invest

Premier of Australia"s Victoria provience, John Brumby said victoria was one of the attractive destinations for trade and business investment and opportunities and invited Indian companies to invest and expand their global operations in Victoria. - Brumby criticised back home for not discussing Indian fugitive - 129 students, mostly Indians, will be displaced from Australian college - Tata Power scouts for coal blocks abroad - India disappointed with Brumby"s decision to skip Mumbai - Rudd warns Indians not to take law into their hands - Attack on Indians: Victorian govt to give more powers to police During an interaction with members of the Association of Biotechnology Led Enterprise (ABLE) and Nasscom, he said, "Our government"s focus on innovation, biotechnology and Information and Communications technology means that Victoria"s two-way relationship with high tech Indian can only grow." "Forging strong links with Indian-high tech business delivers jobs and opportunities for Victorians in the global hi-tech economy", he said. Brumby who is in the city for two days is scheduled meet Chairman of Wipro, Azim Premji, and with board members of Infosys, which recently announced an expansion of operations in Melbourne. Brumby today met N S Narendra Chairman and MD of Firepro Systems to discuss the company"s continued growth in Victoria. Brumby said his meeting with leading technology firms were part of the governemnt"s strategy to engage with India"s leading technology firms. The Victorian Premier would meet Indian business representatives over the next two days here to discuss investment and trade opportunities with Victoria, facilitating the expansion of their global operations of these companies.


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