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Bids opened for airport modernisation — GMR combine gets Delhi; Mumbai for GVK
THE controversy-mired airport modernisation programme took off today with the empowered Group of Ministers (eGoM) deciding to allot Delhi airport to the Hyderabad-based GMR group which has tied up with Fraport (Frankfurt airport) and Malaysia ...
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AAI employees to strike
AIR services around the country could be affected on Wednesday with the Airports Authority of India Joint Workers Forum deciding to launch an indefinite nationwide strike to protest against the Government decision to award the contract for ...
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`Last minute changes' shock Reliance Airport Developers
THE Anil Dhirubhai Ambani Enterprises group company, Reliance Airport Developers, has expressed "shock and surprise" at "substantial changes" made to the tender conditions for the bids for Delhi and Mumbai airports. A spokesperson for Reliance ...
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LCV biz transfer propels M&M Q3 net 75.28 pc
HELPED by steep gains under exceptional items, Mahindra & Mahindra Ltd (M&M) today reported 75.28 per cent rise in profit after tax for the quarter ended December 2005 to Rs 233.46 crore from Rs 133.19 crore in the corresponding previous ...
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Gold tracks global trend, hits Rs 8,210
GOLD prices surged to a record high in the domestic market on Tuesday on the back of a sharp rise in global prices. Pure gold prices touched Rs 8,210 for 10 gm supported by local buying. Standard gold also touched a new high of Rs 8,170 ...
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Govt, SEBI closely watching capital market: Chidambaram
THE Finance Minister, Mr P. Chidambaram, has said that the Government and the Securities and Exchange Board of India (SEBI) were keeping a close watch on the capital market even as the stock market indices have been on a relentless rise with the ...
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Oil bonds being sold at heavy discounts
FACED with under-recoveries and tight cash situation, oil companies have begun selling their holdings of special bonds placed with them by the Government. Sources said that this had driven the yield-to-maturity on these bonds close to 8 per ...
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VSNL posts 5.5 pc rise in Q3 net
VIDESH Sanchar Nigam Ltd has reported a 5.5 per cent increase in net profit for the third quarter of the current fiscal. This is on the back of higher sales as well as higher one-time income. Net profit for the quarter amounted to Rs 150.1 ...
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Bull run takes rubber past Rs 80
NATURAL rubber prices scaled a new peak in the domestic market on Tuesday as the benchmark RSS-4 grade traded at Rs 80.50 a kg here and rs 81 in Kottayam, continuing the sky-high momentum of prices for the third successive week. Rubber industry ...
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Mercury rises as cold wave abates in central India
TRUE to predictions, cold wave conditions have largely abated from Central and north peninsular India with both day and night temperatures rising over the past 2-3 days. A similar trend has been noticed in northwest India too, an update from ...
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