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Friday, August 10, 2007

REUTERS - FEEDS

Indian protests against Wal-Mart fail to ignite
NEW DELHI (Reuters) - A few hundred Indian traders and small shopkeepers took to the streets on Thursday to protest against the arrival of U.S. retail giant Wal-Mart, but a planned nationwide day of action fizzled out.

India approves $1.39 bln highways upgrade plan
NEW DELHI (Reuters) - India's cabinet on Thursday approved a 56.11 billion rupee plan to upgrade 840 km of national highway, a minister said.

Tatas may offer $2 bn for AriZona - paper
MUMBAI (Reuters) - Tata Tea Ltd. is interested in acquiring U.S.-based AriZona Beverages and the Tata Group could make a $2 billion buyout offer, the Economic Times said on Thursday, citing people familiar with the situation.

Wal-Mart July sales up; sees margin pressure
NEW YORK (Reuters) - Wal-Mart Stores Inc. on Thursday posted a 1.9 percent rise in July sales at U.S. stores open at least a year, toward the top end of its forecast, after cutting prices to attract shoppers.

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