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GVK keen to hike stake in Bangalore Mumbai airport cos (21 November 12:00) |
| Bangalore/Hyderabad/Mumbai, Nov. 20 Upbeat from its Rs 485-crore acquisition of 12 per cent stake in Bangalore International Airport Ltd (BIAL), GVK Power & Infrastructure Ltd today express... |
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Corporates swamp the bond market (21 November 12:00) |
| Mumbai, Nov. 19 At least 10 companies, including public sector undertakings, are expected to tap the corporate bond market over the next two months to take advantage of the lower interest ra... |
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Foreign investors asset base shrinks in October (21 November 12:00) |
| Mumbai, Nov. 20 The assets under management of foreign institutional investors fell for the first time in the past eight months in October, as the equity markets fell on the back of weak cor... |
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MFs sit on cash piles (21 November 12:00) |
| Mumbai, Nov. 20 Mutual funds have more cash now than a month ago reflecting the increasing uncertainty among market participants about which way equities are headed. |
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DoT Defence end stalemate on spectrum (21 November 12:00) |
| New Delhi, Nov. 20 In a move that will allow the Government to auction 3G spectrum for at least four operators in each circle, the Department of Telecom and the Ministry of Defence have stru... |
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States get back power to set cane prices (21 November 12:00) |
| New Delhi, Nov. 20 The Centre’s decision to scrap the newly introduced Clause 3B of the Sugarcane Control Order, 1966 has reduced the so-called fair and remunerative price (FRP) for cane t... |
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FMC-CERC power war reaches Court (21 November 12:00) |
| New Delhi, Nov. 20 The turf war between two regulators — the Forward Markets Commission and the Central Electricity Regulatory Commission — has reached the Bombay High Court. The FMC has... |
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Switching operator will cost no more than Rs 19 (21 November 12:00) |
| Starting January 1, mobile users wanting to change their operator, without giving up their phone number, can do so by paying a maximum of Rs 19 only. |
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Rolls-Royce Ghost is here (21 November 12:00) |
| New Delhi, Nov. 20 Taking a cue from the doubling of Indian billionaires, the super luxury British iconic brand Rolls-Royce launched on Friday the four-door Ghost saloon in India. |
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Mobile services fetch less for telecom players in Q2 (21 November 12:00) |
| Kolkata, Nov. 20 Most telecom operators reported decline in revenues from mobile services in the second quarter of 2009-10 as compared to the previous quarter despite growth in subscriber b... |
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Banks find DRT a better recovery mechanism (21 November 12:00) |
| Chennai, Nov. 20 Lok Adalats have not proved to be a good means of effecting recoveries from bad loans, statistics show. The ‘public courts’ have accounted for only 5 to 8 per cent of d... |
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Indias exposure to US bonds least among BRIC nations (21 November 12:00) |
| Kolkata, Nov. 20 India has not only reduced its investments in US Treasury bonds between May and September, but stood least exposed among the other BRIC nations relative to their respectiv... |
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Govt mulls tax to phase out fuel-inefficient vehicles (21 November 12:00) |
| New Delhi, Nov. 20 It could soon be a tough road ahead for vehicles with low fuel efficiency. |
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Know the Nifty sentiment via tweets (21 November 12:00) |
| Mumbai, Nov. 20 Film stars have taken to it, so have politicians. Now it is the turn of the National Stock Exchange to log in to “tweet”. |
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Buybacks Majority go slow or back out (21 November 12:00) |
| Most of the 62 companies that announced buybacks have gone slow in using their funds this year and are likely to fall short of the purchase targets. |
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GM India will not cede ground in Chinese alliance (21 November 12:00) |
| Mumbai, Nov. 20 Mr Karl Slym, President and Managing Director of General Motors India, is categorical that the proposed alliance with SAIC Motor Corporation of China for light trucks will in... |
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North-East monsoon may get into surge mode again (21 November 12:00) |
| The North-East monsoon is in a "surge mode" upstream of the Bay of Bengal with high winds and heavy rains warned of in the Gulf of Thailand over the next two days. |
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Suzlon raises Rs 1735 cr through Hansen stake sale (20 November 12:00) |
| Mumbai, Nov. 19 Wind turbine manufacturer Suzlon Energy, which is reeling under nearly Rs 14,000- crore of debt, on Thursday raised about Rs 1,735 crore (pound 224 million) by selling a 35 ... |
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Sugarcane farmers stir against Ordinance on fair price echoes in Parliament (20 November 12:00) |
| New Delhi, Nov. 19 The recently-promulgated Ordinance providing for a “fair and remunerative price” (FRP) for sugarcane became a rallying point for the Opposition to close ranks and laun... |
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Indiabulls Real Estate Rs 2234 Sell (20 November 12:00) |
| We recommend a sell in the stock of Indiabulls Real Estate from a short-term perspective. It is evident from the charts that the stock had been on an intermediate-term uptrend from March low... |
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Cabinet clears national solar mission (20 November 12:00) |
| To reduce the dependence on fossil fuels, the Cabinet on Thursday approved the Jawaharlal Nehru National Solar Mission. The mission aims to feed 20,000 MW to the national grid by 2022, with ... |
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Sony Ericsson to shut down Chennai unit (20 November 12:00) |
| New Delhi, Nov. 19 Handset-maker Sony Ericsson on Thursday said it will shut down its development centre in Chennai as part of its move to cut jobs globally. |
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JSW in pact with Japanese co for auto-grade steel (20 November 12:00) |
| Mumbai, Nov. 19 JSW Steel has entered into a technical pact with JFE Steel Corporation of Japan to produce auto-grade steel at its Vijayanagar plant in Karanataka. |
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Indias billionaires number doubles this year (20 November 12:00) |
| The number of India’s billionaires almost doubled to 52 this year. This is just one short of the billionaire count during the stock market boom of 2007, according to the Forbes India Rich ... |
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The RBIs tiny pot of gold (20 November 12:00) |
| India has all along been the largest market in the world for gold. Yet, for many years, policymakers have denigrated the proclivity of the masses to buy and hoard gold. Paradoxically, all de... |
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Potatoes onion drive up food inflation to 1455 (20 November 12:00) |
| New Delhi, Nov.19 The annual rate of inflation for primary articles, calculated on point-to-point basis, increased by 9.94 per cent for the week ended November 7 compared with the previou... |
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India cuts holdings of US treasuries in Sept (20 November 12:00) |
| India’s holdings of US Treasuries dropped $2.6 billion in September to $35.9 |
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SEBI rejects Bharati bid for management control (20 November 12:00) |
| Mumbai, Nov. 19 The takeover battle for Great Offshore has taken a new turn with the market regulator SEBI rejecting Bharati Shipyard’s request for taking management control of the company... |
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Visa Steel applies for mining leases in Orissa Chattisgarh (20 November 12:00) |
| Steel prices may be falling but that of primary raw materials such as pig iron, coke and coking coal continue to remain stable, said Mr Vishambhar Saran, Chairman, Visa Steel. |
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North-East monsoon yields 19 excess rain (20 November 12:00) |
| More than a month-and-a-half into the season, the northeast or winter monsoon has generated excess rainfall of 19 per cent during the season so far (October 1 to November 18). |
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IndianOil climbs onto the nuclear power bandwagon (19 November 12:00) |
| Indian Oil Corporation Ltd (IOC) is looking to invest up to Rs 1,500 crore in its maiden nuclear venture in partnership with Nuclear Power Corporation of India Ltd (NPCIL). |
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Manmohan Obama to iron out pending issues on nuke deal (19 November 12:00) |
| New Delhi, Nov. 18 The Prime Minister, Dr Manmohan Singh, and the US President, Mr Barack Obama, will attempt to resolve the remaining issues on the Indo-US nuclear deal during the forthcomi... |
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Essar Shipping Rs 704 Buy (19 November 12:00) |
| We recommend a buy in the stock of Essar Shipping Ports and Logistics from a short-term perspective. The stock’s 11.5 per cent jump accompanied with heavy volume on November 18 strengthene... |
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Govt mulling rice imports (19 November 12:00) |
| New Delhi, Nov. 18 For the first time in 21 years, the Government is considering importing rice. |
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Global PE funds back in the hunt for Indian firms (19 November 12:00) |
| New Delhi, Nov. 18 With broad indications pointing to an uptick in the global economy, big-ticket private equity funds are back chasing investments in Indian |
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No consensus on longer market hours (19 November 12:00) |
| Mumbai, Nov. 18 There is no consensus among market participants on extension of market hours, something recently permitted by Securities and Exchange Board of India, said Mr Ravi Narain, Ma... |
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Low-cost car For Ghosn doing it right not delays is key (19 November 12:00) |
| Mumbai, Nov. 18 Mr Carlos Ghosn, Chairman and Chief Executive Officer of Renault-Nissan, is not too worried about the delay in the launch of the ultra-low cost car planned with Bajaj Auto. |
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Glittering gold sees no sellers for old jewellery (19 November 12:00) |
| Mumbai, Nov. 18 The record prices of the yellow metal may gladden many hearts, but that appears to be little incentive for people to plough back their holding to either buy new jewellery or ... |
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Strong local demand to drive commercial vehicle sales (19 November 12:00) |
| Industry expects the strong growth momentum posted by the commercial vehicle (CV) segment in October to improve over the next half of the |
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India-focused hedge funds lose steam (19 November 12:00) |
| Hedge fund investments in India lagged global hedge fund benchmarks last month, with the EurekaHedge India index recording negative returns after consecutive months of |
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Tea may see action (19 November 12:00) |
| Stocks of tea companies such as Tata Tea, Dhunseri Tea, Jay Shree Tea and Harrisons Malayalam, which have dropped in the past month, could gather momentum in the next few days, according to ... |
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CAT online Testing time for IIMs Promteric too (19 November 12:00) |
| Ahmedabad, Nov. 18 The Indian Institute of Managements (IIMs) and Prometric, global provider of comprehensive testing and assessment services, are leaving no stone unturned in ensuring that ... |
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Peninsular rains may last another week (19 November 12:00) |
| Scattered to fairly widespread rainfall has been reported from parts of peninsular, east and northeast India as the moisture pipeline from the nearby seas sustained during the past 24 hours ... |
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Reliance plans big push for gas oil exploration (18 November 12:00) |
| Mumbai, Nov. 17 Reliance Industries’ gas production will increase substantially with the development of nine more discoveries in the Krishna-Godavari D6 block. |
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Cos may soon earn credit for doing good (18 November 12:00) |
| New Delhi, Nov. 17 Companies may soon be able to trade in Corporate Social Responsibility (CSR) credits, akin to trading in Certified Emission Reductions (CERs or carbon credits, in common ... |
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MindTree Rs 6393 Buy (18 November 12:00) |
| We recommend a buy in MindTree from a short-term perspective. It is evident from the charts of MindTree that since the March low of Rs 187 (52-week low) the stock has been on an intermediate... |
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Hyundai too joins compact car race (18 November 12:00) |
| Chennai, Nov. 17 Hyundai Motor India has said that it will continue to be aggressive with its product launches to protect and grow its market share, in the face of increasing launches in the... |
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Jharkhand agrees to renew Chiria mine lease says SAIL (18 November 12:00) |
| Kolkata, Nov. 17 In a written communication to Steel Authority of India Ltd (SAIL), the Jharkhand Government has agreed to renew the lease for 1,000 million tonnes (mt) of iron ore deposit ... |
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Fresh move to end spectrum stalemate with Defence (18 November 12:00) |
| New Delhi, Nov. 17 In a bid to end the stalemate on 3G spectrum vacation by the armed forces, the Communications Minister, Mr A. Raja, will meet the Finance Minister, Mr Pranab Mukherjee, an... |
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Govt to revisit class action suit provision in Cos Bill (18 November 12:00) |
| New Delhi, Nov. 17 Apprehending the misuse of the concept ‘class action suit’, the Government is considering a proposal to change the norms on such a suit specified in the Companies Bill... |
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