Jaiprakash Power Likely to Default on $200 Million Convertible Bonds Jaiprakash said in a statement on Wednesday the company was confident of its ability to pay its dues under the bonds by March 31, 2016.
Sensex Rallies 9% in 9 Days. What Next for Markets? Despite the sharp rally, analysts remain positive on the near-term prospects of the Indian markets. They back the rate sensitive stocks to do well.
IBM Global Layoffs May Hit India Jobs: Report IBM is confronting a sales slump as it struggles to adapt to big changes in the way businesses buy software and other commercial technology.

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