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EADS eyes tie-up with ISRO on hypersonic plane technologies
The European Aeronautic Defence and Space Company (EADS), a global leader in aerospace, defence and related services, is keen to forge partnership with the Indian Space Research Organisation (ISRO) on supersonic and hypersonic aeroplane technologies, a top company official said.

Windows 7 sales touch 3.5 per cent
It’s been a fortnight since Windows 7 was officially launched worldwide. It now makes up more than 3.6 per cent of all PCs tracked by research firm Net Applications.

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DoT to seek Cabinet nod for Rs 10,000-cr defence proj
The Department of Telecom (DoT) will approach Cabinet shortly seeking allocation of Rs 10,000 crore to prepare an optical fibre cable (OFC) network for defence forces in the next three years in lieu of release of spectrum for mobile services.
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Pantaloon Retail to raise Rs 500 cr via QIP

India"s largest retailer, Pantaloon Retail (India), today said it will raise Rs 500 crore by way of private placement of shares with qualified institutional buyers. - Pantaloon QIP to start today - US wants India to raise FDI cap in defence, insurance to 49% - Pantaloon: A new format - Aqua Logistics aims to raise Rs 150 cr via IPO - Mumbai property registration charge to rise 1% - Experts stress on tapping retail sector The committee of directors has decided to raise up to Rs 500 crore by way of private placement of shares with qualified institutional placement (QIP), Pantaloon Retail (India) said in a filing to the Bombay Stock Exchange. Earlier in July this year, the shareholders of the company approved raising funds to the tune of Rs 1,000 crore through one or more placements of equity shares, fully convertible debentures or any securities (other than warrants) which are convertible into equity shares, the filing added. Shares of Pantaloon Retail (India) were trading at Rs 331 on the BSE, up 0.47 per cent from its previous close.


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