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L&T beats rising prices to take net up 38%; bonus set at 1:1
Margins well protected by cost-plus basis pricing on new jobs
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Corporates can borrow up to $50 m overseas
FII limit in g-secs, corporate debt raised
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Taro can’t terminate merger: Sun Pharma
Mumbai, May 29 “Taro is not entitled to terminate the merger as per our agreement,” said Mr Dilip Shanghvi, Chairman and Managing Director of Sun Pharmaceutical, a day after the Israeli drug company terminated the $454-million ...
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Govt closer to bail-out plan for oil cos
PM confers with Ministers, Sonia Gandhi
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Monsoon onset delayed, cyclone watch reset
Thiruvananthapuram, May 29 The southwest monsoon has missed the nine-day median of May 29 for onset fixed by India Meteorological Department (IMD) even as the cyclone watch in the Arabian Sea came unstuck for a third successive time over the ...
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IMPACT
L&T delivers on growth
Strong order book belies slowdown concerns
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Chidambaram asks excise dept to step up drive against evasion
‘Revisit existing deterrent measures as they are not deterrent enough’
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High interest rate slows down vehicle finance
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TCS to spend Rs 1,900 cr this fiscal
For upgrading physical, tech assets
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HPCL may resort to rationing auto fuels; Q4 net profit dips 30%
New Delhi, May 29 Hindustan Petroleum Corporation Ltd (HPCL) may have to resort to rationing auto fuel supplies if there is a delay in getting a relief package to cut revenue losses suffered by the oil marketing companies (OMCs). “As of ...
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Telecom players divided over WiMax spectrum pricing
Govt should stick to tech neutral policy: COAI
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Banks insist on corporate guarantee for debt funding power projects
Not essential if cash flow, payment security are in place
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Hangout at Changi
Singapore loves to have its airport buzzing… with reason. The more people shop, eat and play there, the more they fill its coffers.
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Tata Motors plummets 8% on equity dilution
Drop in Q4 net, rising inflation lead to investors’ caution
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TODAY'S PICK (Latest Audio: English/Tamil)
Praj Industries (Rs 184.55): Sell
We recommend a sell in Praj Industries from a short-term perspective. The stock had been on a medium-term uptrend from its March 2008 low of Rs 100 to its late May high of Rs 222. Triggered by negative divergence in the daily Relative Strength ...
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Day Trading Guide
The stock opened at our resistance level of Rs 1,850 and declined on selling pressure. We recommend a sell. L&TInitiate fresh long-position, only if the stock moves above Rs 2,930 level, with tight ...
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IMPACT
Taro pains for Sun Pharma
Clarity on acquisition may emerge after June 25
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SAT sets aside SEBI order against Holcim
‘The company had not violated takeover regulations’
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