Maruti Suzuki hits 52-week high, analysts say buy

Maruti Suzuki  shares hit a 52-week high on Wednesday as the street and many brokerages gave a big thumbs up to its second quarter performance and road ahead. The India's largest passenger car maker had reported a net profit of Rs 227.5 crore in the second quarter, down 5 percent year-on-year due to a month-long closure of its Manesar plant following a labour riot and higher discounts offered to boost sluggish sales of petrol cars. Its net sales rose 9 percent to Rs 8,070 crore....

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Indian stocks to watch-Oct 31

GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange fell 0.03 percent. The MSCI-Asia Pacific index excluding Japan is up 0.28 percent. * The U.S. stock market was closed for a second straight day on Tuesday as cash equity trading was canceled in the wake of Hurricane Sandy. * Asian shares rose and the yen was pressured on Wednesday, as risk appetite recovered slightly after European equities and the euro firmed overnight. FACTORS TO WATCH...

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EQUITY MARKET SNAPSHOT 31-10-2012

·        in fourth week of range bound move, index finally slipped below the lower level of the prevailing range i.e. 5630-5725 levels resultant breakdown. it lost more than a percent and closed below 5600 level; triggering short term reversal in our trend sheet as well. going forward, 5480-5530 zone would be crucial on the downside while 5650-5725 will act as hurdle in case of any bounc...

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Derivatives news

·        Nifty future opened positive but turned sharply negative after the credit policy announcements with no rate cuts . ·        Nifty Nov futures made a high of 5724.85, low of 5619.15 and finally closed at 5728.0. ·        Nifty spot closed at 5597.9 down by 67.7 points...

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intra day level 31-10-2012

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RBI - Second Quarter Review of Monetary Policy 2012-13

RBI - Second Quarter Review of Monetary Policy 2012-13 Cash Reserve Ratio ·       RBI has decided to reduce the cash reserve ratio (CRR) of scheduled banks by 25 basis points from 4.5% to 4.25% of their net demand and time liabilities (NDTL) effective the fortnight beginning November 3, 2012. ·       As a result of this reduction in the CRR, around `175 billion of primary liquidity will be injected into the banking system....

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RBI cuts CRR by 25 bps, keeps rates unchanged

Mumbai: The Reserve Bank of India (RBI) on Tuesday cut the cash reserve ratio (CRR) by quarter of a percentage point, freeing up additional funds to the tune of Rs17,500 crore for commercial banks to lend to companies and consumers, but kept its key policy rate unchanged as it battles to douse inflation. CRR, the portion of deposits that banks have to maintain with the central bank, was reduced to 4.25% in the RBI’s quarterly monetary policy announcement. The repo rate, or the rate at which banks borrow overnight funds from RBI, was...

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CREDIT POLICY

RBI CUTS CRR BY 25 BPS  TO 4.25% RBI LEAVES REPO RATE UNCHANGED 8% FY13 GDP PROJECTION CUT TO 5.8 % FY13 INFLATION PROJECTION RAISED TO 7.5 % CRR TO KEEP LIQUIDITY COMFORTABLE TO SUPPORT GROWTH INFLATION MAY RISE IN NEAR TERM EASE IN JAN - MAR BANKS NO ALLOWED TO FUND TO PURCHASE OF GO...

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ICICI Bank cuts stake in Firstsource Solutions

ICICI Bank cuts stake in Firstsource Solutions by 11.25 percent to 6.85 percent on October ...

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kingfisher airlines

Revenue Department considering moving SC against Kingfisher to recover Rs 330 crore du...

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suzlon

Suzlon submits CDR proposal with senior secured lenders. SBI lead consortium said to seek acquisition of REpower loan to fund Suzlon: Agenci...

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INTRA-DAY LEVELS - 30-10-2012

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EQUITY MARKET SNAPSHOT - 30-10-2012

·        in today’s trade, index witnessed another range bound session and CLOSED UNCHANGED in the end. it traded in last session’s range and tested almost both the extremes. technically, the consolidation is now getting narrower so the next two sessions would be decisive for the next directional mov...

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RBI revises GDP forecast to 5.7%, rate cut unlikely

A day monetary policy, the professional forecasters' survey conducted by the Reserve Bank of India revised GDP forecast to 5.7% as against 6.5% in 2012-13 while raising inflation estimate to 7.7% versus 7.3% for the year. Persistent inflation and easy availability of money (liquidity) may to prompt the central bank keeping rates unchanged on Tuesda...

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RBI faces rising pressure to cut rates

The Reserve Bank of India (RBI) faces growing pressure to cut interest rates later on Tuesday for the first time since April after the finance minister pledged to rein in the country's fiscal deficit. Remarks by Finance Minister P. Chidambaram at a hastily called news conference on Monday that he would nearly halve the deficit in just over four years had increased the chances for a Tuesday rate cut, some analysts said...

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Nuclear power makes way for cheap Natural Gas; upside risk to price outlook

Last week recorded the first announced US nuclear power plant retirement as a result of low power prices and low natural gas prices. Dominion Resources plans to close its 556-MW Kewaunee plant in Wisconsin in Q2 1...

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#Rupee weakens

#Rupee weakens to over one-month low; falls below 54...

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Jefferies downgrades Hindustan Unilever

Reuters Market Eye - Jefferies downgrades Hindustan Unilever to 'underperform' from 'hold' saying the recent growth in revenue would prove "unsustainable" given the highly cyclical nature of the consumer goods sector, while citing "rich" implied valuations...

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Little demand for Microsoft's Windows 8: Poll

SAN FRANCISCO: Microsoft bills Windows 8 as a ``re-imagining'' of the personal computer market's dominant operating system, but the company still has a lot of work to do before the makeover captures the imagination of most consumers, based on the results of a recent poll by The Associated Press and GfK. The phone survey of nearly 1,200 adults in the US found 52 per cent hadn't even heard of Windows 8 leading up to Friday's release of the redesigned software....

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Rupee at 1-week low on euro weakness

The rupee falls to 53.815/825 after earlier hitting as a session low of 53.88, the lowest since October 22. The pair closed at 53.56/57 on Thursday. Weaker euro spurring gains in the U.S. dollar as traders await Spain's request for a bailout and keep a wary eye on Greece after the country's opposition leader said his party would vote against an austerity package expected to go before parliament this wee...

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Unlikely to see rate cut from RBI tomorrow, says UBS

Gautam Chhaochharia, head of midcap research at UBS India says the market should take the recent Cabinet reshuffle positively. "This is a continuation of the government’s changed approach towards both reforms as well as administration, which we have seen over last couple of months," he told CNBC-TV18 in an interview....

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EQUITY MARKET SNAPSHOT - 29-10-2012

·        for the third consecutive week, index closed on the flat note as it failed to witness either side break from the prevailing range of 5630-5725 level. in today’s session, it almost retested the lower level of the range but rebound marginally from thereon. technically, the next week may see the required break and provide clarity over the next direction mov...

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KFA offers to pay 1 month salary to employees in 24 hours

KFA offers to pay 1 month salary to employees in 24 hou...

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M&M Q2 net beats forecast, up 22% to Rs 902 cr

Country's largest utility vehicle manufacturer Mahindra and Mahindra  's (M&M) net profit rose by higher than expected 22.3 percent to Rs 902 crore in the second quarter of FY13, helped by other income. Net sales grew by 31 percent to Rs 9,659 crore from Rs 7,360 during the same period, which was slightly above expectations. Analysts on an average had estimated net profit of Rs 820 crore on net sales of Rs 9,600 crore for the quarte...

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Fidelity India to acquire 40% stake in Trivitron: Times Link

#Fidelity India to acquire 40% stake in #Trivitron: Times Li...

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important data for the DAY

DATE                  TIME (IST)       COUNTRY                       DATA   26-oct-2012         6.00 PM        United States         GDP QoQ (Annualized) 26-Oct-12          7:25 PM        United States         ...

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Top five short-term trading picks in choppy market: Analysts

MUMBAI: The benchmarks are witnessing a choppy session on the last day of October series expiry. According to analysts, the Nifty is likely to break out of the trading range of 5,640-5,740 sooner than later. Following are the top five trading picks that stand a chance to give good returns in the short term: Vikrant Shah, CEO, Latin Manharlal Securitie...

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SunTV group wins the bid for new IPL team, picks Hyderabad franchise for Rs85 crore per year

#Breaking: #SunTV group wins the bid for new #IPL team, picks #Hyderabad franchise for Rs85 crore per ye...

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Kotak Mah Bank Q2 consolidated net profit up 16%, standalone net profit up 8%; in line with estimated

Kotak Mah Bank Q2 consolidated net profit up 16%, standalone net profit up 8%; in line with estimate...

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Kingfisher passengers in Dubai waiting for ticket refunds since 6 months

London: Refunds of tickets booked by passengers in Dubai with India’s crisis-hit Kingfisher Airlines have been pending for over six months now, according to a repor...

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See 100% return in Emco, says Aashish Tater

See 100% return in Emco  , says Aashish Tater, Head of Research, Fortunewizard.co...

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Mukesh Ambani richest Indian with wealth of $21bn: Forbes

Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of USD 21 billion, according to Forbes Magazine. Mukesh Ambani beats steel giant Lakshmi Mittal and Wipro head Azim Premji to top the Forbes's list....

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Yes Bank shares hit record high after strong Q2 results

Shares of private sector Yes Bank  today rose over 2 per cent to a record high following 30 per cent growth in its net profit for the quarter ended September 30, 2012. After making a bullish opening, shares of the bank further climbed 2.3 per cent to a record high of Rs 408.55 on the BS...

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McNally Bharat Engineering Company Ltd.] bags order

[McNally Bharat Engineering Company Ltd.] bags order worth Rs9.54 crore. The stock was currently trading at Rs1...

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Higher bonus to pinch Coal India

Higher bonus to pinch Coal India Bonus of Rs 26,500 promised to non-exec employees to lead to annual outgo of Rs 940 cr this year State-run Coal India Ltd has said that the bonus of Rs 26,500 that it has given for non-executive employees will lead to an annual outgo of around Rs 940 crore this year...

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Buy L&T at Rs 1640, says Amit Gupta

Buy Larsen and Toubro  (L&T) at Rs 1640, says Amit Gupta, Head- Derivatives, ICICI Direct. Gupta told CNBC-TV18, "Recently quite aggressive longs have been formed in Larsen and Toubro (L&T). It has remained an outperformer; no doubt about this. I feel Rs 1570 was the breakout level in the starting of the month and at Rs 1730-1750 somewhere the stock may find some resistance. It may go into some long liquidation, come back to Rs 1640 and then again you should start buying this stock. I think it should remain outperformer...

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Hyundai Motor Q3 profit up 13 percent, meets forecasts

(Reuters) - South Korea's Hyundai Motor Co reported July-September net profit of 2.17 trillion won, an increase of 13 percent and in line with market forecasts, with growth held back by labour strikes in South Korea even as overseas sales rose. A Reuters poll of 13 analysts had predicted on average a net profit of 2.13 trillion won for Hyundai, which with affiliate Kia Motors is the world's fifth-biggest car make...

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Rich brew for Tata Coffee after strong Q2 earnings

Tata Coffee rose 2% to Rs 1078.65 at 10:51 IST on BSE, with the stock extending Tuesday's 4.48% gains triggered by the company reporting strong Q2 results. Meanwhile, the BSE Sensex was up 19.94 points or 0.11% to 18,729.96. On BSE, 48,000 shares were traded in the counter as against average daily volume of 30,673 shares in the past one quarter...

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Buy Yes Bank with a target of Rs 415: Ashwani Gujral

Buy Yes Bank with a target of Rs 415: Ashwani Gujra...

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IRB Infra shares plunge as Corporate Affairs Ministry begins probe of Gadkari investor firms

Shares in IRB Infra plunged over 10 per cent on Thursday as the Corporate Affairs Ministry begun an initial inquiry into companies that have invested in the BJP president Nitin Gadkari's businesses. NDTV had earlier reported that IRB Infra had allegedly invested in Mr Gadkari's firm Purti Power and Sugar Limited as a quid pro quo for the massive contracts the company won when he was a Maharashtra minister. IRB Infra has denied these allegations saying it has no business relationship with Mr Gadkari...

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M&M Q2: Analysts expect 11% growth in PAT at Rs 820 cr

Utility vehicle maker Mahindra & Mahindra 's (M&M) standalone profit after tax is expected to grow by 11.2 percent year-on-year and 13 percent quarter-on-quarter to Rs 820 crore in the quarter ended September 2012...

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SKF India slips on weak Q3 earnings

SKF India fell 1.97% at Rs 653 at 10:31 IST on BSE after net profit declined 18.73% to Rs 45.26 crore on 11.02% fall in net sales to Rs 533.68 crore in Q3 September 2012 over Q3 September 2011. The result was announced after market hours on Tuesday, 23 October 2012. Meanwhile, the BSE Sensex was up 2.35 points, or 0.01%, to 18,712.37....

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See buying pressure in rupee at lower levels: Karvy

Karvy Stock Broking has come out with its report on USDINR. The research firm says on weekly chart USDINR has breached the 8 period EMA resistances and is move next resistance of 54.25- 54.30 of a major trend line. For today, may see buying pressure in at lower levels and it may extend its upside bullish mo...

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Stronger Indian demand expected after technical selling pressures Gold: Sharps Pixley

Some positive events to watch out for include the upcoming festival and marriage seasons for the Indian consumers to buy gold. MUMBAI (Commodity On;ine): The gold market lately has been characterized by technical selling and reduced long positions, while hopes for stronger Indian demand are one of the bright spots, said Sharps Pixley in a commodity snippe...

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See more upside in Yes Bank: Sukhani

See more upside in Yes Bank  , says Sudarshan Sukhani of s2analytics.com. Sukhani told CNBC-TV18, " Peninsula Land  has seen back to back gains for two days, that is not all, it doubled itself in the last two months. Clearly some good things are going on but now at current reckoning you have to wait again for a new buy signal which would be a new base then only buying is worth it."...

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Kingfisher staff set to gherao Formula 1 track

Kingfisher staff set to gherao Formula 1 track. The stock was trading at Rs10.90, up by 4.8...

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[Gail (India) Ltd.] looking to balance gas import portfolio

[Gail (India) Ltd.] looking to balance gas import portfolio. The stock was trading at Rs355.80, up by 0.2...

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Microsoft Windows 8 all set for Friday launch

New Delhi: Microsoft is all set to launch its latest offering Windows 8 operating system on Friday. Microsoft’s has also started to take pre-orders for Windows 8. The company has also set the price for an upgrade to the full version of the software at USD 70 for a DVD pack...

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HSBC upgrades Lupin to 'overweight'

HSBC upgraded Lupin (LUPN.NS) to 'overweight' from 'neutral', saying the drug maker's July-September earnings were higher than expected, while shares had under-performed peers over the past three month...

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Lupin eyes 15 new drug launches in U.S. by March 2013

MUMBAI (Reuters) - Indian drugmaker Lupin plans to launch at least 15 new generic products in the United States in the current fiscal year ending March 2013, as it looks to push up sales in the world's biggest drug market, a top executive said on Tuesda...

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Time right to cut REPO rate by 100 basis points and CRR by 75 basis points to revive investments and growth: CII

The declining trajectory of inflation should spur the RBI to revisit its monetary policy stance and cut its policy rates to revive investments and rejuvenate industrial as well as economic growth which have been hit by high interest costs and flagging investments said CII in its representation to the RBI for its pre-policy consultation on second quarter review of Monetary policy 2012-13. ...

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Tyre makers gain on lower rubber prices

Shares of five tyre makers rose by 0.38% to 4.38% at 14:25 IST on BSE as lower rubber prices will boost profitability of tyre makers...

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United Spirits, Diageo talks in air; stock down

Vijay Mallya may have once again hit a rough patch. Nearly six months after the liquor baron opened talks with global spirits company Diageo Plc to offload a strategic stake in his flagship United Spirits Ltd ( USL)—a move that led the Indian firm’s stock surge a phenomenal 80%—it is understood that the discussions have hit a rough patch. There has been intense speculation that the deal is in the final lap and will be announced anytime soon, but it is understood now that there are many details to be hammered out before there is finality,...

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Volumes jump at Standard Chartered PLC counter

Vardhman Textiles, Gujarat Pipavav Port, Diamond Power Infrastructure, and SKS Microfinance are among the other stocks to see a surge in volumes on BSE today, 23 October 2012. Standard Chartered PLC clocked volume of 1.20 crore shares by 13:08 IST on BSE, a 391.07-times surge over two-week average daily volume of 31,000 shares. The stock fell 0.05% to Rs 102.90...

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Rupee falls as importers step up dollar purchases

The rupee falls to 53.59-53.60 versus its previous close of 53.47-53.48 as oil importers step up dollar purchases to meet month-end import commitments in a holiday-shortened week. The forex and debt markets will remain closed on Wednesday and Friday for local holidays. Traders say oil firms also prompted to buy dollars on the back of a fall in global crude oil prices overnight. Brent futures slip for a sixth day on worries over oil demand growth due to an uncertain global economic outlook, but stay above USD 109 a barrel with simmering tensions...

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Now, invest online in gold/silver at wholesale prices

Mumbai, Oct 22 (PTI) Two companies active in bullion segment today announced launching of an online platform which allows investors to own small quantities of physical goldand silver at wholesale prices. The platform, Bullion India, will provide an online system to its members to buy, sell, hold and redeem these bars in a simple, easy and a convenient manne...

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Bajaj Elec expects15-20% growth in consumer durables biz

ALERTS! Tuesday, October 16, 2012 | (04:00 pm IST) STOCK WATCH Bajaj Electric   223.85 -3.75 (-1.65%)  Check latest price Bajaj Elec expects15-20% growth in consumer durables biz Shekhar Bajaj, chairman & MD, Bajaj Electricals, says that the company has seen a positive growth in consumer durable and lighting segment. Compared to last yea... Sensex drops 150 pts; Reliance,...

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Kingfisher crisis continues as staff wants 4 months salary

The impasse in the crisis-hit Kingfisher Airlines continued on Monday after a section of its employees rejected its offer of three months' salary before Diwali and demanded that their four months salaries be paid within a day or two. Satish Chandra Mishra, a Kingfisher employee said that the staff members will not join work until their dues were cleare...

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For ASTRAL Macd (12,26,9) line is crossing the signal line from below

For ASTRAL Macd (12,26,9) line is crossing the signal line from below which is a positive turnaround sign. Further details check the MACD chart http://t.in.com/3h...

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ASTRAL POLY - Warren Buffet firm's Gujarat project hangs in balance

The fate of US $ 245-million (approx. Rs 1,356 crore at current exchange rates) chlorinated polyvinyl chloride (CPVC) unit, proposed to be set up through a joint venture between billionaire investor Warren Buffet's firm, Lubrizol Corporation and Ahmedabad-based Astral Poly Technik Ltd, is hanging in the balance as there is no progress on the project since the announcement was made in September last year. According to sources closely monitoring the development, the project at present looks uncertai...

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Over 15 Kingfisher Airlines planes not fit to fly: Sources

In fresh trouble for cash strapped Kingfisher Airlines, at least 15 planes leased to them have been stripped clean, the leasing company sources told CNN-IBN. The 15 aircraft have been stripped of crucial parts at various airports and have been declared not fit to fly...

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Rain Commodities to buy Ruetgers for $915 mln

(Reuters) - Industrial group Rain Commodities(RACL.NS) has agreed to buy German coal tar distilling company Ruetgers from Nordic private equity firm Triton for 702 million euros. The sale of Ruetgers, a maker of industrial pitch, oils and resins for use in aluminium smelters and the steel industry, is expected to close in the first quarter of 2013, Triton said in a statement on Monda...

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Gold to see major support level at Rs 30,450: CapitalVia Global Research

Gold for December delivery on the MCX is looking positive even as international gold prices look negative. The depreciation in Indian Rupee is the factor that is helping gold prices maintain a positive trend in India. India has witnessed a sharp fall in import of gold due to rise in import duty to 4% and rise in prices denting demand for the yellow metal. Although India's production of gold and diamonds have witnessed two-digit growth, it is far too short of meeting actual deman...

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Suzlon enters Romanian market, forms new subsidiary

Bangalore: Suzlon Group subsidiary, REpower Systems SE, has concluded a contract with P.E. DEUS EX S.R.L., a project company (SPV) of WSB International GmbH, to deliver eight wind turbines to Romania...

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Railways revenue up 25% from freight traffic

Railways have posted over 25 per cent growth during the first six months of the ongoing fiscal from the freight traffic. It generated Rs 39,888.95 crore (Rs 398.88 billion) from freight traffic during April-September 2012 as compared to Rs 31,802.31 crore (Rs 318.02 billion) during the corresponding period last year, registering an increase of 25.43 per cent, said a Railway statement issued on Frida...

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Jewellery shares gain on festive demand

Jewellery shares gain on festive dema...

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Talwalkars Says:

from boardroom Talwalkars Says: Expect 18 New Gyms In 6 Mont...

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ibulls sec q2 result

IBulls Sec Q2: Cons Net Profit At Rs 12 Cr Vs Loss Of Rs 13.15 Cr (YoY) ...

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Plan To Divest In Hind Copper, OIL, NMDC, NALCO In Nov-Dec

Plan To Divest In Hind Copper, OIL, NMDC, NALCO In Nov-Dec ...

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ITC Q2 Results

ITC Q2 beats street estimates; net profit at Rs 1,840 cr vs estimate of Rs 1,764 cr, net sales at Rs 7,150 cr vs estimate of Rs 6,900 cr  ITC Q2 Results:Net Profit at Rs.1836.42Cr Vs Rs.1514.31Cr(YoY...

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Bharti Airtel, Idea Cellular drop on retrospective fee talks

NEW DELHI: Telecom stocks such as Bharti Airtel and Idea CellularBSE -0.06 % came under pressure in trade on Friday after a panel of ministers on Thursday recommended that existing GSM operators be charged a one-time fee retrospectively for all second-generation airwaves they hold beyond the 6.2 MHz mark for the tenure of their licences....

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GIC Housing Finance drops after 3-day 19.9% rally

Shares of GIC Housing Finance had jumped 19.95% in three trading sessions to settle at Rs 115.40 on Thursday, 18 October 2012, from Rs 96.20 on 15 October 2012, after the company during trading hours on 16 October 2012, reported strong Q2 September 2012 earnings.GIC Housing Finance`s net profit jumped 148.9% to Rs 23.15 crore on 29.5% growth in total income to Rs 136.54 crore in Q2 September 2012 over Q2 September 20...

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Aviation shares slide on dull passenger traffic data

Kingfisher Airlines (down 4.58%), Jet Airways (India) (down 1.64%) and SpiceJet (down 0.84%), edged lower.The BSE Sensex was down 64.94 points, or 0.35% at 18,726....

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Can the TATAS take over Orient-Express this time?: Offer valued at $1.86 bn comes 5 years after Bermuda chain re... http://bit.ly/Xwj7j0

Five years after being rebuffed by the Orient-Express management, the Tata Group-promoted Indian Hotels, which operates the Taj Group, teamed up with an Italian fund to make a second attempt to take over the Bermuda-based chain of luxury hotels, resorts and trains, in part....

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Sensex, Nifty weak; Indian Hotels shares slump

The BSE Sensex dropped over 75 points while the broader Nifty slipped below the key 5,700 mark in early trade on Friday. The rupee declined for the third straight day and traded near 1-month low at 53.8...

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The rupee falls

Rupee hits one-month low; oil demand hurts: Reuters Market Eye - The rupee falls to 53.77/78 versus its previo...

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NIFTY LEVELS FOR 19/10/12

NIFTY LEVELS FOR 19/10/125652 5679 5697 5758 57...

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Reliance Power announces Boiler Lightup performed at Sasan plant

The plant has also been connected to the National Grid by 400 KV transmission lines of PowerGrid.Corpn. ...

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Govt to set up panel on internal trade reforms by end of October

Govt to set up panel on internal trade reforms by end of October ...

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China Q3 GDP

News Update: China Q3 GDP at 7....

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10 year yield

10 year yield likely to move in the range of 8.12% - 8.16% level on Friday #gsec #de...

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Tata, SAIL differ on need for steel-making equipment facility

News Update: #Tata, #SAIL differ on need for steel-making equipment facility in India saying enough capacity is lying outside to be sourced from. ...

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ShriramGroup launches new company Shriram Vyapar

News Update: #ShriramGroup launches new company Shriram Vyapar to provide digital & financial online services. ...

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SunteckRealty looking for entry into retail commercial

News Update: #SunteckRealty looking for entry into retail commercial segment ...

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News Update: IndigoAirlines maintains no.1 position

News Update: #IndigoAirlines maintains no.1 position in market with a share of 27.2% in Septemb...

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News Update: India's engineering exports dropped

News Update: India's engineering exports dropped by 8.2% YoY to $4.4bn in September2012 ...

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#Rupee opens at one-month low of 53.65/$

#Rupee opens at one-month low of 53.65...

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Gujarat NRE Coke up 12% on back of Q2 earnings

Gujarat NRE Coke up 12% on back of Q2 earnings ...

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Nifty has resistance at 5730-5750: Sudarshan Sukhani

The Indian market witnessed a decent rally on Thursday. In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com says there is a strong resistance band in the 5,730-5,750 area. "The Nifty needs to cross that zone for us to say that the uptrend, which we were seeing for the last two months, has resumed and the correction is over," he add...

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Mkt to see flat start; eyes ITC, TCS, Zeel results

Our market will start off flat and then wait for the very big numbers today to help the market either way whether we can break pass that level....

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NSE will drop Mphasis, Piramal Enterprises from F&O segment

NSE will drop Mphasis, Piramal Enterprises from F&O segment w.e.f. December 28, 20...

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Oil ministry freezes investments by RIL in KG offshore

Oil ministry freezes investments by RIL in KG offshore as company refuses Comptroller Auditor General (CAG) scrutiny...

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ACC, Ambuja to be in focus

ACC, Ambuja to be in focus: Holcim is likely collect 2% royalty from ACC and Ambuja Cement: reports...

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Rallis India's net profit jumped

Rallis India's Q2 consolidated net profit jumped to Rs 61.5 crore versus Rs 24.2 crore (Qo...

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KFA settled GMR dues worth Rs 10.5 crore

KFA settled GMR dues worth Rs 10.5 crore, warrants against Vijay Mallya withdrawn. Next meet between employees and United Breweries group mgmt on M...

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Inflation at a new high of 7.81% in September

New Delhi: Inflation in September soared to a new high of 7.81 percent against the 7.55 percent in August in the backdrop of the government hiking diesel price...

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Coal-block allocation: CBI files FIRs against 2 companies; crackdown in several cities

The Central Bureau of Investigation (CBI) has filed First Information Reports or FIRs against two private firms, who were allocated coal blocks between 2004 and 2009 by the government. Searches are also being conducted in 16 locations in Hyderabad, Secunderabad, Vishakhapatnam, Satna, Jaipur, Rourkela and New Delhi...

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Gold falls to 2-1/2-week low on stop-loss selling

SINGAPORE: Gold dropped to a 2-1/2-week low on Monday, extending losses from the previous session, as stop-loss selling more than offset support from China inflation data suggesting there was more room to ease monetary policy....

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Loans to Deccan Chronicle are under finance ministry scanner

Loans to Deccan Chronicle are under finance ministry scanner: The Economic Times. Deccan Chargers terminated, BCCI floats tender for new te...

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Kingfisher extended lockout

Kingfisher extended lockout till October 20. KFA says 1 representative from each division called for meeting that will be held tod...

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MTNL and BSNL ask government to pay

MTNL and BSNL ask government to pay Rs 11000 crore for 1 time payment of additional spectrum: Business Standa...

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Bharti may merge India and Africa operations

Bharti may merge India and Africa operations by mid 2013: The Economic Tim...

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Maruti September sales

Maruti September sales at 93988 units, up 9.8% YoY - ahead of expectati...

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