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Jaghadiya (Gujarat), May 9: India's banana exports crossed a new milestone Friday when a container load of the fruit bound for Jeddah left this industrial town in Gujarat's Bharuch district.
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New Delhi, May 9: The cabinet committee on economic affairs (CCEA) Friday approved Essar Power Ltd's (EPL) proposals to become a holding company and to infuse up to Rs.80 billion as equity.
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Mumbai, May 9 : Kotak Mahindra Bank has announced a consolidated profit after tax (PAT) of $247.80 million (Rs.9.912 billion) during the fiscal year 2008 compared to $134.55 million for the previous year, recording a growth of 84 percent.
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New York, May 9 : Vikram Pandit, chief of the troubled Citigroup, is set to reveal his revival strategy to investors and he is expected to emphasise on the business model.
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Mumbai, March 9: Indian equities markets plummeted sharply Friday, with heavy selling in key sector scrips, mirroring international market trends.
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Mumbai, May 9: The Indian equities market continued to trade flat early Friday afternoon trade due to selling pressure across key sectors spurred by the international oil prices notching a new high - almost $125 per barrel.
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Vienna, May 9 : The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) continued its record-breaking climb towards the end of the week, OPEC said Friday.
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New Delhi, May 9: Artech India, the pioneers of Multilingual Softwares announce the release of Akshar Office, a complete office productivity suite. Akshar office is an affordable alternative for corporates which are looking at reducing their licence fees and do not want to compromise on quality.
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Bangalore/ Gurgaon/Noida, May 9: Sapient (NASDAQ: SAPE) today reported the following financial results for the first quarter ended March 31, 2008
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Mumbai May 9 : India's leading cement manufacturing firm Associated Cement Companies (ACC) has decided to freeze prices for the next two to three months.
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New Delhi, May 9: eDynamic, a Global IT and Interactive Marketing Services, Consulting Firm announced the successful completion of Web design and development project for PepsiCo India (www.pepsiindia.co.in, NYSE:PBG).
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By Nayanima Basu, Helsinki, May 9: Indian traffic has been one of the major factors for the Nordic airline Finnair's Asian expansion contributing more than half of its revenues last year, says the airline's president and chief executive Jukka Hienonen.
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Mumbai, May 9: Pure gold closed at a three week's high today at Rs 12,000 per ten gm, moving up by Rs 195, on renewed industrial demand even as Silver advanced by a whopping Rs 355 and finished at Rs 23,475 per kg on strong global cues, traders at the Bombay Bullion Association said.
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Mumbai, May 9: The key benchmark Sensitive index of the Bombay Stock Exchange (BSE) today closed at a nearly three week low at 16,737.07 with a big loss of 343.58 points on heavy panic selling pressure by mutual funds on concerns about the rising inflation levels.
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Mumbai, May 9: Rupee today recovered smartly by 16 paise after a weak trend in last three days and ended positive at 41.59/60 per US dollar from the last close of 41.76 on modest dollar purchases by oil importers and some short-covering by local operators.
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Mumbai May 9 : The Indian equities markets opened in the negative zone Friday, tracking weak markets elsewhere in Asia.
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Mumbai, May 9 : The Indian equities markets, which opened in negative zone Friday, were flat in early trade. Power, realty, IT and banking sectors were under selling pressure.
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Mumbai May 9 : The Indian equities markets opened in the negative zone Friday, tracking weak markets elsewhere in Asia.
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By Soudhriti Bhabani, Kolkata, May 9 : Bharat Coking Coal Ltd (BCCL), which operates mines in Jharkhand and West Bengal, will invest Rs.12 billion in equipment by 2011-12 as part of its revival strategy, says a top company official.
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Mumbai, May 8: For the fourth consecutive day today, the Sensex ended in the red on the Bombay Stock Exchange, plunging by another 258.66 points to close at 17,080.65 on sustained panic selling pressure by mutual funds and weak global cues.
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Mumbai, May 8: Both the precious metals zoomed ahead today with Silver up by Rs 100 per kg and standard Gold by Rs 95 per ten gm on strong global cues, traders at the Bombay Bullion Association said.
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Mumbai, May 8: The drift of the Rupee continued for the third day today as it lost 40 paise to the greenback to end at an year's low of 41.76/77, from the last close of 41.36, on sustained dollar demand from oil importers and some foreign banks.
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Kolkata, May 8 : Merck Sharp & Dohme (MSD), the wholly owned subsidiary of US-based Merck & Co Inc Whitehouse Station, launched type-2 diabetes tablets, JANUVIA, in India.
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Chennai, May 8 : Commercial vehicle manufacturer Ashok Leyland Thursday announced that the company posted a net profit of Rs.4.69 billion ($117.3 million) for 2007-08 as compared to Rs.4.41 billion the previous fiscal.
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Chennai, May 8 : Godrej Appliances, the consumer durable division of the multi-products firm Godrej & Boyce Manufacturing Co, will shortly enter the highly competitive television market, said a top company official.
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Mumbai, March 8 : India's metal major Tata Steel Ltd has raised Rs.20 billion through private placement of redeemable non-convertible debentures (NCDs) as part of its long-term financing plans.
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London, May 8: Hirco PLC (AIM: HRCO), the investment vehicle for Hiranandani, India's largest residential builder and leading developer of prestigious mixed-use townships, today announced its interim results for the first six months of fiscal 2008 ended March 31 2008.
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Mumbai, March 8: Indian equities markets took a sharp plunge Thursday and closed in the red with heavy selling in key sectors, spurred by the record price of crude oil, which touched $122 a barrel. The same trend was seen across other Asian markets too.
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New Delhi, May 8 : Eyeing the potential for superbikes in the market, Italian-based Ducati Motor, the world's leading producer of racing motorcycles announced its entery into the Indian market with its premium range vehicles.
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Mumbai, May 8 : Mumbai-based I-Flex Solutions announced Thursday that it would provide technology solutions to Bahrain's TAIB Bank.
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Chandigarh, May 8 : Telecom major Airtel Thursday said it had crossed the five million subscriber base mark in three northern states of Punjab, Haryana and Himachal Pradesh.
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New Delhi, May 8 : Inflation, currently at over 7.5 percent, should ease in the next two months as steps are being taken to bring down prices, the government assured Thursday.
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Mumbai, May 8 : The Indian equities market continued to tumble Thursday afternoon with no sign of recovery. All indices were trading in the red.
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Mumbai, May 8: The Indian equities markets, which opened in the red Thursday, soon slipped sharply with selling pressure all around, especially in IT, banking, realty, capital goods, public sector undertakings, metals and the oil and gas sectors.
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Mumbai May 8 : Indian equities markets opened in the red Thursday, thanks to a fresh high in international crude oil prices. Oil touched $122 a barrel Wednesday.
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Mumbai, May 7: A consortium of Tata Communications, HSBC, Idea Cellular and UAE-based telecom service provider Etisalat has launched a pilot project on money transferring facility via mobile phones.
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Chennai, May 7 : British company VoiceStream has acquired 75 percent stake in the city-based firm Helios Outsourcing.
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Kolkata, May 7 : The Electronics and Computer Software Export Promotion Council (ESC) has welcomed the central government's decision to extend by one year till March 31, 2010, tax exemption available to the IT companies under the Software Technology Parks of India (STPI) scheme.
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Mumbai, May 7 : Leading mobile phone service provider Idea Cellular Ltd Wednesday slashed its long-distance call rates and roaming charges.
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New Delhi, May 7: Minister of Science and Technology Kapil Sibal Wednesday said the United Progressive Alliance (UPA) government will bring down prices in six weeks.
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