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Ikea asks govt for relaxation of sourcing norms Source: moneycontrol | 25 Jun 2012 09:19:38 AM | View (32) IKEA which has proposed to invest Rs 10,500 crore to set up single brand retail stores in India, has asked the government that it must be allowed to continue sourcing from small units even after the vendors have crossed the mandatory $1 million investm.

Business News Morgan Stanley resumes United Spirits at overweight 22 May 2013 11:50:48 AM Morgan Stanley resumes coverage of United Spirits Ltd with an "overweight" rating and a target price of Rs 3,115. The investment bank says new owner Diageo Plc could implement a greater focus on profitable growth for the liquor maker.      Sensex up 90 HCL Tech, Coal India, Infosys top gainers Tech Mahindra shares jump after earnings results US court studies wiretaps in Rajat Gupta insider case Coal India shares jump over 2 per cent post Q4 results Im a victim of extortion, says sacked iGATE chief Phaneesh Murthy Sensex opens flat, Coal India up 1.4 per cent