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Carrefour unveils India plans
Two business entities in place; talks on with 3 domestic players
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GoM to study petro products retail pricing
A decision on retail prices of petroleum products could be a month away. The Prime Minister, Dr Manmohan Singh, today said that he has constituted a Group of Ministers to examine the issue and report back to the Union Cabinet within one ...
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TN permits 5 sugar mills to raise alcohol output
Chennai, Nov 20 Five private sector sugar mills in Tamil Nadu and three standalone distilleries have been allowed to expand their alcohol production capacities, according to sources in the know. Apart from being the single largest ...
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Reliance re-enters Cauvery asset
New Delhi, Nov. 20 Reliance Industries Ltd (RIL) has re-entered its Cauvery asset, despite suffering a minor setback in the deepwater block. The company has already tested hydrocarbon success in one of the two wells it had drilled in the ...
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Energy saving LED lights for homes from Philips
New Delhi, Nov. 20 Philips Electronics India Ltd. on Tuesday announced the launch of an array of LED (Light Emitting Diodes) lighting range products for the home segment. Philips has currently introduced five models of lights based on ...
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Petroleum and natural gas: A regulator without resources
The Petroleum and Natural Gas Regulatory Board (PNGRB) may be overseeing one of the more affluent industries, but the Board itself is functioning like a pauper. The Board, which was constituted in June and put out its first draft regulation on ...
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Spectrum: DoT to meet mobile operators today
Allocation criteria issues may be sorted out
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Raytheon, L&T tie up for combat aircraft programme
Mumbai, Nov. 20 The US-based Raytheon Company has signed a memorandum of understanding with L&T for the MMRCA (medium multi role combat aircraft) programme. It represents a step towards establishing a strong working relationship, ...
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Indian basmati gets a leg up from Iran
To mainly import par-boiled ‘Super’, likely to top 3 lakh tonnes
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Global economy direly needs antidote
A convincing and significant fall in oil price is a prerequisite for sustained market confidence and global growth
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Frontline IT cos give away more to taxman
Tax incidence is 10-15% of profits, against 8-13% a year ago
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Nissan in row over software access to Satyam
Satyam’s Subu says this has no implication for the company
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Gold may zoom to $900-1,000 next year
Driven by weak dollar, high crude oil prices
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Talk of reverse merger lifts Deccan Aviation
The Deccan Aviation stock rose over 23.23 per cent on Tuesday to Rs 191.5 on rumours that the company might go for a reverse merger with UB Group’s Kingfisher Airlines after delisting itself from the stock exchange. In its place, Kingfisher ...
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Day Trading Guide
In line with our anticipation, the stock declined in the last session, with an increase in volumes. Sell the stock in rallies with stop loss at Rs 1,600.L&TThe stock is trading range bound between Rs 4,300 ...
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Today's Pick: Novartis India (Rs 348.10)
We recommend a buy in Novartis India at current price levels. The stock had been on a long-term downtrend from December 2004 high of Rs 700 levels to August 2007 low of Rs 270. We note that the long-term downtrend got arrested at a significant ...
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Fortis Financial acquires Capital Market Solutions
Mumbai, Nov. 20 Fortis Financial Services Ltd, which is a substantial stakeholder of ‘Asian CERC Information Technology Ltd’ (ACERC) — a leading capital market software provider — has acquired Capital Market Solutions ...
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IMPACT
Financial firms may remain in spotlight
Response to Edelweiss, Religare listing key drivers
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SISCOL sees surge in share volume ahead of merger
Coimbatore, Nov 20 The countdown to merger of two O.P Jindal group companies—JSW Steel and Southern Iron and Steel Company Ltd (SISCOL)— has not only seen appreciation in value of shares of both companies but also a volume surge in ...
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IMPACT
Strides deal: To result in cash infusion
Funds could be used to reduce debts
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IIM-A: Most Defence personnel get placement in cos
Most of the defence personnel, with experience ranging from 5-30 years, have got placement in India Inc after undertaking a six-month course at the Indian Institute of Management Ahmedabad (IIM-A). Depending on junior and senior positions, ...
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