1) CII opposes making the maintenance of cost records compulsory for all companies as it should depend on a company's needs and objectives. 2) Reliance shares have risen only 3.7% in the last four months, much less than the overall 22% market increase, disappointing investors. 3) The largest ever India-US defense deal is expected to be signed during the US President's visit for India to acquire 10 C-17 transport aircraft for $3.5 billion.

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