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Essar Group's Vadinar Refinery

Churning Oil And Coal, Essar Group's Growth Mirrors Indian Economy

What started as a family construction firm in the 1960s, Essar Group, based in Mumbai India, now is a behemoth of a company. It is fully integrated in steel production, oil and gas production and refining, electric generation and shipping on five continents with revenue of more than $27 billion.
Hague And Khar

Britain Caught Between US-Pakistan Rift

The British minister held discussions with both Prime Minister Yousuf Raza Gilani and Foreign Minister Hina Rabbani Khar and added that he urged a quick reconciliation.
Supermarket Chain

FDI In Retail: Will It Boost India's Economy Or Leave Millions Jobless?

Indian retail sector, which is one of the fastest growing in the world, is under immense pressure to allow the Foreign Direct Investment. With multi-national retail giants like Wal-Mart and CarreFour and foreign investors lobbying the government to throw open the retail sector, the government has made several futile attempts in the past two years to allow FDI in retail.
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Kenya Asks US/EU To Join Fight Against Al Shabab

Washington, which put a $33 million bounty on the heads of six al Shabab commanders last week, said on Sunday that it will continue to provide assistance to the African Union Mission in Somalia, of which Kenya is a part, but did not elaborate.
World Crude Oil

OPEC Meeting Preview - Five Things You Should Know

Leaders of the world's 12-member crude oil cartel gather this week in Vienna to discuss and perhaps set a production ceiling for the group in what is expected to rubber stamp the current state of affairs. It is also expected to feature a fierce tug-of-war between Saudi Arabia, the cartel's dominant producer, and Iran.

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