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India's Dec industrial output growth slows sharply

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NEW DELHI, Feb 10 (Reuters) - Indian industrial production growth slowed sharply in December, its slowest pace in two months, adding to pressure on the central bank to start cutting interest rates to help stimulate an economy that is headed for its slowest growth in three years. Output from India's factories, mines and utilities increased a lower-than-expected 1.8 percent in the month from a year earlier, government data showed on Friday. Analysts on average had expected a rise of 3.4 percent, a Reuters poll showed. The December figure compares with November's increase of 5.95 percent. http://www.reuters.com/article/2012/02/10/india-economy-output-idUSL4E8DA19A20120210

Nokia to Cut 4,000 Jobs, Shift Phone Production to Asia.

Nokia Oyj , the world’s largest maker of mobile phones, will cut about 4,000 jobs in its factories in Hungary,  Mexico  and Finland to speed up the delivery of devices and get closer to suppliers.

Sebi to give MCA names of over 500 cos who violated CIS rules

Market regulator  Sebi  has decided to share with the Ministry of Corporate Affairs the names of over 500 companies, which have garnered money from investors in violation of its  Collective Investment Scheme  (CIS) rules. Sebi would also give the names of the directors of such entities to the MCA, so that necessary actions can be taken to prevent these companies and persons from being associated with any new company, a senior official said.