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Pune Kochi join IPL team bids fetch over Rs 3235 cr (22 March 12:00) |
| Sahara Adventure Sports, part of the Sahara group, and little known five-member consortium, Rendezvous Sports, have won “an extremely competitive” bidding for the two new franchises (Pun... |
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Fertiliser subsidy may go up despite price decontrol (22 March 12:00) |
| The move to decontrol prices of all non-urea fertilisers with effect from April 1, as part of the changeover to a nutrient-based subsidy (NBS) regime, is supposed to help lessen the Centre's... |
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United Breweries Holdings Rs 272 Buy (22 March 12:00) |
| Medium-term investors can consider buying the stock of United Breweries Holdings. The company owns and operates breweries in India. It also manufactures leather footwear and processed |
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Bharti ties up $83 b for Zain acquisition (22 March 12:00) |
| Bharti Airtel has said that the entire financing requirement of $8.3 billion for the proposed acquisition of Zain's African unit – Zain Africa BV – has been successfully tied |
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Gold drops sharply prices still vulnerable (22 March 12:00) |
| After displaying firm trend for most part of last week, commodity prices came under selling pressure on Friday. Apprehensions over monetary tightening by two Asian majors – China and India... |
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Bearish trend likely but inflow can wash away fears (22 March 12:00) |
| The initial market movement this week may show bearish sentiment on the central bank's signal last Friday for firmer interest rate regime by proposing to mop up additional liquidity from the... |
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Demand-supply imbalance in trucking capacity is now adjusted (22 March 12:00) |
| Mr T.T. Srinivasaraghavan, Managing Director of Sundaram Finance, takes a philosophical approach to most things about business. That's probably come from being drilled in the traditional val... |
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Crucial resistance awaits Nifty futures (22 March 12:00) |
| I shorted Nifty March futures @ 5085. Should I average here, buy April Nifty futures or exit? – Mr Chinababu Repaka, |
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Agents get more by selling MFs than ULIPs (22 March 12:00) |
| Since SEBI announced the waiver of entry loads on mutual fund products, the fund industry has been concerned over AMFI certified agents not selling the MF schemes as the investments offer lo... |
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Minor ports major jump in cargo volumes (22 March 12:00) |
| The gap between the cargo volumes handled by major ports and minor ports is narrowing fast, with the latter's share ‘skyrocketing' in the last decade. And, going by the current trend and p... |
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Patni doubles hiring target on better demand (22 March 12:00) |
| India`s sixth largest software exporter Patni Computer Systems has doubled its hiring target for the current fiscal in order to benefit from the improving demand for software and back-office... |
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$1600kW is benchmark cost for light water reactor imports (22 March 12:00) |
| The Centre has pegged the benchmark capital cost for the new Light Water Reactor (LWR) imports that are under discussion with Russia, France and the US at $1,600 per kilowatt, or around Rs 7... |
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Japanese scientists elevate La Nina to fairly strong (22 March 12:00) |
| India would have good summer monsoon this year is the unambiguous forecast statement coming in latest from the Tokyo-based Research Institute for Global Change (RIGC). This is based on the p... |
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Private equity investors get meagre returns from IPOs (21 March 12:00) |
| The private equity investors exiting companies that entered the market in recent times have had little cause for |
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SBI not to hike lending rates now says Bhatt (21 March 12:00) |
| The country's largest bank, State Bank of India, is not looking to increase lending rates |
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Govt mulls independent mining regulator (21 March 12:00) |
| The Government is considering the setting up of an independent regulator for the mining sector to deal with issues such as irregularities and delay in |
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Bharti board okays $9-b offer for Zain assets (21 March 12:00) |
| Bharti Airtel's board on Saturday approved a $9-billion offer for Kuwaiti telecom operator Zain's African assets, top sources |
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Petroleum Secretary hints at price hike again (21 March 12:00) |
| The Secretary of Ministry of Petroleum and Natural Gas, Mr S. Sundareshan, on Saturday told a press conference here that “hard decisions are necessary” against the backdrop of volatility... |
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Further RBI action hinges on efficacy of latest steps (21 March 12:00) |
| The RBI may have to go in for further hike in policy rates in its April monetary policy if its latest steps don't lead to tapering of inflationary expectations, Dr Pronab Sen, Chief Statisti... |
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52 growth in engineering exports to ASEAN (21 March 12:00) |
| Engineering exports to ASEAN (Association of Southeast Asian Nations) clocked 52 per cent growth in 2008-09, touching a record at $5.9 billion. The growth in engineering exports to the US an... |
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Carlos Ghosn says small car will be priced lower than Nano (19 March 12:00) |
| The ultra low-cost car that the joint venture of the French car major Renault and Bajaj is working on may be priced below the `Tata Nano', Mr Carlos Ghosn, Chief Executive Officer of Renault... |
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8 telecom companies bid for 3G broadband wireless spectrum (19 March 12:00) |
| The Government has, so far, received applications from eight telecom companies to bid for third generation (3G) and broadband wireless access (BWA) spectrum to be auctioned starting April |
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Fedders Lloyd Corp Rs 8015 Buy (19 March 12:00) |
| Investors with a short-term trading perspective can buy the stock of Fedders Lloyd Corporation. The stock is moving in a very narrow band between Rs 75 and Rs 85 since March 3. Since this si... |
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Bharti doubles broadband speeds at no extra cost (19 March 12:00) |
| In a move that could raise the bar for broadband services in the country, Bharti Airtel is launching a 4 Mbps wire line connection for just Rs 899 a month starting |
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Indian honey has antibiotics traces of heavy metals says EU (19 March 12:00) |
| Alleging the presence of antibiotics and heavy metal residues in Indian honey, the European Union has threatened to ban such imports from next month, official sources told Business |
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AI blames Boeing for financial woes (19 March 12:00) |
| The Air India's Chairman and Managing Director, Mr Arvind Jadhav, has blamed Boeing's inability to deliver the Boeing 787 as one of the factors for the airline's poor financial |
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The Indian experience will be key to entering other emerging markets - Ghosn (19 March 12:00) |
| Coming back to the discussion, we had about this alliance and what we are doing and India. The most frequent question I have been asked is why do you have so many partners. What is wrong wit... |
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Bets big on electric cars (19 March 12:00) |
| We have the technology, we are selling it in the US. We have the Altima hybrid and the Fuga hybrid. Nissan has the technology to use it in the US market which means it is available for Renau... |
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British Airways woes deepen as strike grows global (19 March 12:00) |
| British Airways is putting on a brave face, claiming that the number of cabin crew who will work through this weekend's strike has “increased significantly” and that 65 per cent of its f... |
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MS Banga to leave Unilever after 33 years (19 March 12:00) |
| Mr M.S.(Vindi) Banga, President, Global Foods, Home and Personal Care and member of the Unilever Executive based in London, has decided to leave Unilever at the end of May after serving the ... |
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Slow credit offtake may dent banks profits (19 March 12:00) |
| Faced with sluggish credit offtake and hardening yields, bottomline of most banks is expected to take a knock this year |
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SP pegs growth in next fiscal at 8 (19 March 12:00) |
| Global rating agency Standard and Poor's on Thursday raised India's rating outlook from negative to stable as it expects the country's fiscal situation to improve following the measures anno... |
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Montek projects 85 growth in 2010-11 (19 March 12:00) |
| The economy is likely to register an 8.5 per cent growth in 2010-11, the Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, said on |
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Food inflation rate eases on cheaper food items (19 March 12:00) |
| The annual Wholesale Price Index-based food price inflation eased for the second straight week in early March even as fuel inflation |
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Heating anchored over Gujarat south-west Rajasthan (19 March 12:00) |
| Severe heat wave conditions continued to be anchored around Gujarat and southwest Rajasthan on Thursday as the heating extended to more parts towards the west of the country. Heat wave condi... |
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Central Bank plans to use postmen to reach rural areas (18 March 12:00) |
| Central Bank of India is in talks with India Post to rope in village postmen as business correspondents (BCs), its Chairman and Managing Director, Mr S. Sridhar, has |
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Qualcomm submits bid for broadband spectrum (18 March 12:00) |
| The US-based Qualcomm Incorporated has submitted to the Department of Telecom its application to bid for the upcoming auction for broadband wireless access (BWA) |
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Deep Industries Rs 1089 Buy (18 March 12:00) |
| Deep Industries has been extremely volatile this year, plunging to Rs 92.05 in the pre-Budget session and then recording a smart rally to Rs 121. The recent correction in the stock since the... |
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Coal piling up at east coast ports on rake shortage (18 March 12:00) |
| More than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakhapatnam and Gangavaram due to non-availability of railway |
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Mutual funds switching to short-term papers (18 March 12:00) |
| Mutual fund houses are rejigging debt portfolios and shifting from longer-term Government securities to shorter-tenor government securities (G-Secs), certificates of deposit (CDs) and commer... |
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AI loses Rs 2000 cr on international routes (18 March 12:00) |
| The Ministry of Civil Aviation has told a Parliamentary Committee that Air India lost Rs 750 crore on the daily Mumbai-New York and Delhi-New York daily non-stop flights last year. The Mumba... |
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Railways hikes freight for iron ore exports (18 March 12:00) |
| The Railways' freight for iron ore for exports is up by Rs 300 a tonne from today (Wednesday). The Railway Board has hiked the distance-based surcharge on iron ore for other than domestic |
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15 cos under lens for FEMA violations in Goa (18 March 12:00) |
| Russians and UK citizens head the list of foreigners using the company route to circumvent the ban on their acquiring agricultural land in Goa, an on-going official investigation |
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Commercial vehicles lenders bet on growth (18 March 12:00) |
| Sales of commercial vehicles, that barometer of an economy's fortunes, have been robust in the past few months. For the 11-month period ended February 2010, sales of commercial vehicles have... |
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Domestic savings to support higher growth Edelweiss (18 March 12:00) |
| India has the potential to grow at 9 per cent by 2020, supported by domestic savings itself, according to an Edelweiss research report “India 2020-Seeing Beyond” released on |
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Govt looks at ways to expand reach of pension scheme (18 March 12:00) |
| In a bid to extend the reach of the New Pension Scheme (NPS) designed for the unorganised sector and make it more popular, the Government is looking at a role for microfinance institutions (... |
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India Britain get the thumbs up from Goldman Economics chief (18 March 12:00) |
| India's target of achieving double digit growth this decade is more conceivable than ever before, according to Mr Jim O'Neill, Head of Global Economics at Goldman |
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Mercury may briefly rise over north-west India (18 March 12:00) |
| The core wheat belt in the northwest of the country may need worry about only a four-day stretch from Saturday for any abnormal rise in temperatures even as heat wave conditions have started... |
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Snag in ore supply forces sponge iron units to cut output (17 March 12:00) |
| Nearly 100 sponge iron manufacturing units spread across Raipur, Bilaspur, Raigarh and Champa in Chhattisgarh face uncertainty due to non-availability of iron |
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Nissan-Leyland car to target the mass market (17 March 12:00) |
| The car that could come out of a joint venture between Nissan and Ashok Leyland would be positioned to address the mass market — below the ‘Micra', but above the ultra low-cost car that ... |
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