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Indian railways ask again for safety funds after crash kills 150

NEW DELHI The track where an Indian train derailed on Sunday, killing 150 people, was inspected just two days earlier and found to be in good condition, raising more questions about the safety of a network seeking $17 billion in funding to prevent more crashes.

Toyota aims to sell more hybrid cars in India

NEW DELHI Toyota Motor Corp expects hybrid cars to make up 20 percent of its total vehicle sales in India by 2020 from less than 2 percent today, a senior company official told Reuters.

SEBI eases norms for angel investors

MUMBAI India's market regulator on Wednesday relaxed rules for so-called angel funds in a bid to boost more investments into the country's start-ups, in what has been a key initiative under Chairman U.K. Sinha.

Sensex, Nifty rise for second session; L&T, drug makers advance

Indian shares rose for a second straight session on Wednesday, the first back-to-back gains since the government's shock move to withdraw high-value banknotes from circulation, as Larsen & Toubro Ltd rallied on upbeat quarterly results while drug makers gained after the rupee weakened.

Patel replaces injured Saha as India keeper for Mohali

MUMBAI India have called up wicketkeeper Parthiv Patel for the third test against England after Wriddhiman Saha was ruled out of the match in Mohali with a thigh strain, the country's cricket board (BCCI) said on Wednesday.

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