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Sensex overcomes early losses ends up 236 pts (21 November 12:09) |
| Positive trading in European markets and buying on dips helped Indian markets to reverse early losses and close sharply higher. The Sensex closed at 17,021, up 236 points, after falling to 1... |
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PM aims to achieve 9 pc economy growth rate (20 November 10:13) |
| Prime Minister Manmohan Singh Friday said his agenda for the next few years is to bring India's economy back to 9 per cent growth rate and ensure the benefits of development reach everyone.Â... |
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Govt mulls limiting cotton exports to ease prices (20 November 10:13) |
| After rice and sugar, it is now the rising prices of cotton in the domestic market that is giving sleepless nights to the UPA government. |
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Colgate Reckitt in merger talks (20 November 10:13) |
| The international markets are abuzz with the talk of a likely merger between Colgate and Reckitt Benckiser. |
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Markets rebound Nifty above 5K (20 November 10:13) |
| The key benchmark indices reversed early losses to rise sharply in afternoon trades led by gains in RIL and a positive opening in European markets. The Sensex jumped 174 points to 16,960 lev... |
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Raja asks telcos to cut SMS charges (20 November 06:09) |
| Telecom Minister A Raja today asked mobile operators to cut SMS charges on the lines of one paisa per second tariff for voice calls. |
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Pantaloon Retail to raise Rs 500 cr via QIP (20 November 06:09) |
| India's largest retailer, Pantaloon Retail (India), today said it will raise Rs 500 crore by way of private placement of shares with qualified institutional buyers. |
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Rupee recovers by 15 paisa against dollar in early trade (20 November 06:09) |
| The Indian rupee recovered smartly by 15 paisa to 46.53/54 against the greenback in early trade |
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Dell Q3 profit plunges 54 pc shares drop (20 November 04:13) |
| Dell Inc's quarterly profit plunged 54 percent on lower-than-expected sales as it lost market share to competitors engaged in a budding price war in the PC market. |
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Sensex slips on weak global markets (20 November 04:13) |
| The key benchmark indices were trading lower in line with weak world markets. The Sensex dropped 63 points to 16,721 levels and the Nifty shed 0.4 per cent to trade at 4,967. |
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Rupee down 5 paise at 4673 a dollar in opening trade (20 November 04:13) |
| The Indian rupee today depreciated marginally by 5 paise to 46.73 against the US dollar in opening trade |
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Oil prices up in Asian trade but still below USD 78 (20 November 04:13) |
| Oil rose in Asian trade today as investors bought the commodity at more attractive prices, but concerns over the strength of the global economic recovery has injected caution into the market... |
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RIL-RNRL case Govt claims ownership of gas (20 November 04:13) |
| RNRL counsel finally agreed that the government should be made a party and not just an intervener in the case. |
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Sugar turns bitter for common man (20 November 04:13) |
| India is the world's largest consumer of sugar. But a weak monsoon and a growing demand have turned the country from being an exporter to a net importer of sugar in the space of one year.<... |
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Mukesh Ambani richest Indian in Forbes list (20 November 06:08) |
| Mukesh Ambani has topped the Forbes Rich list of Indian billionaires with a net worth of $32 billion. |
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Ambani brothers Mittal lead Forbes India Rich List (20 November 12:10) |
| Mukesh Ambani has emerged the wealthiest person in India with a net worth of $32 billion, as the number of Indian billionaires in Forbes' "India Rich List" this year has ne... |
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Nifty loses 65 points ends below 5K (20 November 12:10) |
| Indian markets ended lower on Thursday, with the Nifty falling 65 points to finish at 4,989. Indian markets remained weak for the most of the session in the absence of any triggers but selli... |
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Suzlon to sell 35 pc stake in Dutch co Hansen (20 November 12:10) |
| Wind turbine major Suzlon Energy today said it will sale its 35 per cent stake in the Belgian company, Hansen Transmissions. Suzlon, which holds a 61 per cent stake in Hansen through its Net... |
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FAO Summit ends in disappointment (20 November 12:10) |
| The three-day World Food Summit organised by the UN Food and Agriculture Organisation (FAO) in Rome ended without nations making any specific pledges to help the world's poorest farmers. |
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Food price inflation soars to 1455 pc (19 November 08:03) |
| The index for food prices jumped 14.55 per cent from a year earlier for the week ending 7 November, 2009, the Ministry of Commerce and Industry said on Thursday. |
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JFE Steel to acquire 10 of JSW Steel Nikkei (19 November 08:03) |
| Japanese steel maker JFE Steel is set to form a capital alliance with JSW Steel and would acquire 10 per cent stake in the Indian company, according to the Nikkei newspaper. JFE is likely to... |
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Realty IT stocks drag markets lower (19 November 08:03) |
| The key benchmark indices continued to trade lower on the back of weak cues from global markets. The Sensex dropped 138 points to 16,859 levels and the Nifty shed 0.8 per cent to 5,010. |
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Subir Gokarn appointed RBI deputy governor (18 November 10:15) |
| Global rating agency Standard and Poor's Asia Pacific Chief Economist Subir Gokarn has been appointed as RBI deputy governor in place of Rakesh Mohan who quit months ahead of his retirement.... |
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Record FII fund inflows not alarming FM (18 November 10:15) |
| The government today said record investment in the equities market by foreign investors was not a matter of concern, but it would act if it finds any distortions. |
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Tatas successor may be an expatriate (18 November 10:15) |
| Industry leader Ratan Tata has said that his successor could be from outside India. The 71-year-old chairman of Tata Group, which makes nearly everything from salt to steel to luxury cars, t... |
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IPO listing time should be cut to 7 days Bhave (18 November 10:15) |
| Market regulator Securities and Exchange Board of India (SEBI) today said it wants to bring down the time required for IPO processing to seven days from 20 days at present over the next one ... |
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Citigroup CEO s salary stays at $1 (18 November 06:16) |
| Citigroup CEO Vikram Pandit will get a salary of $1 this year and will get no stock awards as the troubled banking giant shrinks under part-government ownership. |
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Mahindra Satyam gets notices from 37 companies (18 November 04:10) |
| Mahindra Satyam on Tuesday said it has received legal notices for claims totalling Rs 1,230.40 crore from as many as 37 companies, to whom it has replied terming these claims as "le... |
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Indian ITs engineering drive (18 November 04:10) |
| It s a new economic order that we are living in where new offerings and products are giving way to old ones. |
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Goldman Sachs Buffett to help small businesses (18 November 04:10) |
| Goldman Sachs Group Inc. said on Tuesday it is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands of small business |
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RIL doesnt own D6 gas govt tells SC (18 November 04:10) |
| After weeks of public spatting between the estranged Ambani brothers over KG basin gas pricing, the govenrment on Tuesday finally began its arguments in the Supreme Court. <br>Â |
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New rules for MFs a boon to retail investors (18 November 04:10) |
| The stock market structure has been made available to mutual funds, so you can now go to your neighbourhood stock broker if you want to invest or get out of a mutual fund scheme. <br>Â... |
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India to import rice from Thailand Vietnam (18 November 04:10) |
| The government seems to have finally woken up to the impact of drought. With a shortage in the supply of rice, the government has been forced to resort to imports. <br>Â |
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RIL to bet big on exploration business (18 November 12:10) |
| Reliance Industries will pursue an aggressive strategy to become one of the top three companies in the oil & gas exploration business, chairman Mukesh Ambani said. |
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AI says first tranche of Rs 400 cr infusion likely by January (18 November 12:10) |
| Cash-strapped national carrier Air India on Tuesday said it is likely to receive Rs 400 crore in the first tranche of government funding by January 2010. |
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FII inflow crosses record Rs 71900 cr-mark (18 November 12:10) |
| Betting big on Indian equities, foreign institutional investors (FIIs) have put in a whopping over Rs 71,900 crore so far this year in the country's bourses, the highest ever investment made... |
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Sensex ends flat IT stocks gain (18 November 12:10) |
| The key benchmark indices continued to trade lower in the afternoon deals today. The Sensex was down 80 points at 16,952 levels and the Nifty shed 26 points to trade at 5,031. |
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Gold breaches 17k-level in futures trade (17 November 06:15) |
| Gold breached the psychological Rs 17,000-per-ten-gram mark for all the running contracts in futures trading at the Multi Commodity Exchange. |
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Fed will keep eye on sliding dollar Bernanke (17 November 06:15) |
| Federal Reserve Chairman Ben Bernanke on Monday said the central bank will monitor the sliding US dollar but pledged anew to keep interest rates at record lows to nurture the economic recove... |
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Rupee up 8 paise against dollar (17 November 06:15) |
| The Indian rupee inched higher by 8 paise to 46.13 against the dollar in early trade today, extending gains for the third straight day as the US currency dropped against major units. |
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EU to impose VAT on IT firms (17 November 06:15) |
| Just when IT companies were beginning to look forward to better times after years of a slowdown, their business in Europe has received a big jolt. |
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Foreign funds power Sensex above 17k (16 November 10:07) |
| The Sensex today gained 184 points to close above the 17,000-points level as investors, foreign funds in particular, bet their money on Indian stocks |
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CMIE lifts GDP growth forecast to 62pc (16 November 10:07) |
| The Centre for Monitoring Indian Economy has revised its GDP growth forecast for the current fiscal to 6.2 per cent from 6 per cent announced last month |
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SFIO to begin probe into Satyam soon Khurshid (16 November 10:07) |
| The government today said the Serious Fraud Investigation Office (SFIO) will begin prosecution into the Satyam scam this month. |
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Gold touches Rs 16900-mark (16 November 10:07) |
| Standard gold prices today reached an all time high at Rs 16,900 in the early trade on the bullion market here on persistent stockists buying on the back of rise in overseas market. |
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Grupo Mexico wins back Asarco (16 November 08:03) |
| Texas judge has issued final approval of Grupo Mexico SAB's plan to regain control of copper miner Asarco LLC, ending a lengthy takeover battle with rival suitor Sterlite Industries. |
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GM to start repaying US govt loan Report (16 November 08:03) |
| General Motors Co will announce on Monday it plans to start repaying a USD 6.7 billion loan to the US Treasury by year-end due to modest operating improvements, a source knowledgeable about ... |
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Sensex follows Asia higher regains 17K (16 November 04:05) |
| The key benchmark index crossed the 17,000 mark in early trades tracking firm Asian markets. The Sensex was up 156 points at 17,005 levels and the Nifty rose 0.9 per cent to 5,045Â |
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Rupee up 20 paise at 4611 a dollar (16 November 04:05) |
| The Indian rupee today strengthened by 20 paise to 46.11 against the US currency in early trade, extending gains for the second straight day on expectations of more capital inflows and dolla... |
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Oil higher as dollar stays weak (16 November 04:05) |
| New York's main contract, light sweet crude for December delivery put on 71 cents to USD 77.06 a barrel. |
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