Daily Newsletter | Monday, February 06, 2017
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| Urgent arms deals of Rs 20,000 crore inked to keep forces ready |
| India is finally taking steps to make its armed forces fighting fit. The country has inked a flurry of emergency deals for ammunition and spares worth around Rs 20,000 crore over the last two to three months to ensure its fighters and tanks, infantry and warships, are all ready to go to battle at short notice. |
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| Jaya’s close aide, Sasikala, grabs TN reins |
| AIADMK general secretary V K Sasikala was on Sunday unanimously elected legislature party leader by MLAs at a party meeting, paving the way for her to become the third woman chief minister of Tamil Nadu. The swearing-in ceremony is likely to take place on Thursday. |
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| It’s a rocky road ahead for Sasikala |
| With several cases pending against V K Sasikala as well as the members of her extended family, legal observers wonder if it would be prudent on her part to take over as chief minister now. |
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| Police may get custody of ATM attack suspect after 2 weeks |
| The violent images of a machete-wielding man attacking a woman in an ATM kiosk, captured on CCTV camera, may have made the 2013 attack a global news event. But this does not mean the city police will get immediate custody of Madhukar Reddy, the ATM attack suspect picked up in Andhra Pradesh over three years later. |
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| RBI expected to hold interest rates at Tuesday’s review |
| The Reserve Bank of India (RBI) is expected to hold key interest rates at its monetary policy review, its second after November’s note ban, in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices. |
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| Pizza Hut plans to double outlets to over 700 by 2022 |
| Pizza Hut considers India to be one of its most important markets and plans to double its store count to over 700 in the next five years, riding the wave of growing popularity of western fast-food in the country, a senior company executive said. |
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