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India will be in top five: Mukesh Ambani
India is set to become one of the top five economies in the world over the next few decades but local companies have to grow in scale in the domestic market before going global, a top industrialist said.
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"The rates may have come down, but even today, the prices quoted by sellers are too high,"
Gold prices nosedived by a whopping Rs 500 per ten grams to Rs 17,600, the steepest fall ever since the yellow metal started its record breaking journey here, on aggressive selling triggered by a sharp plunge in its prices in the overseas markets.
India has pipped China to become the world's fastest growing market, thanks to the various "innovative" ways adopted by it that has also helped telecom operators keep the service charge low, says a report.
There are a lot of tariff plans, around 2,500 at the last count, with different call plans and rates. These are confusing to the subscriber, and hence we have decided to launch one simple plan for all our service.
We have seen a 80% rise in the stock markets over the last one year, the highest pace in fact in the last eight years and one man saw this happening. We are talking about the pied piper of the Indian stock markets, none other than Rakesh Jhunjhunwala.
espite Anil Ambani's ambition of becoming the biggest telecom network by adding more subscribers than rivals, RCom has increasingly fallen behind the others in getting incremental marketshare through new users.



