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20 IIITs to come up on PPP mode

NEW DELHI: The HRD Ministry has prepared a public-private-partnership model for setting up 20 IIITs under which the expenditure could be shared in the ratio of 85 to 15 between the government and industry.

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India, China to corner 30%

SURAT (GUJARAT): India and China are expected to share almost 30 per cent of the world’s diamond and gems business each by 2020, says Mr Roger Lorie, chief executive of the International Gemological Institute
(IGI) Worldwide.

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Regulators acting to settle ULIP row: Sebi chief

MUMBAI: Capital market regulator SEBI on Friday said it was working together with the insurance watchdog to expeditiously find a “legally binding” resolution to who controls unit linked products and there are no restrictions on investment in existing schemes.

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