(Reuters) – The government is still hopeful of meeting the share sale target of 400 billion rupees ($8.2 billion) budgeted for the current fiscal year that ends in March, economic affairs secretary, R. Gopalan, said on Wednesday. India’s main stock index is down nearly a fifth this year and has prompted the government to hold back on asset sales. Earlier this month, the government deferred the follow-on public offer plan in state-run energy major ONGC . The inability of the government to go ahead with...
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NEW YORK, Sept. 29 – A standoff near Wall Street between protesters opposed to what they say is corporate greed and police may drag on into winter, with a march on police headquarters the likely next test of whether tensions escalate. The Occupy Wall Street movement was planning on Friday an unauthorized demonstration on the streets outside the New York City police center of operations....
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