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Nifty futures end in discount as investors go short
MIL/ET/TNN, May 10, 2008
Mumbai: May 10, 2008 - Concerns over rising domestic inflation coupled with weak global cues weighed down heavily on Indian stocks on Friday. Frontline banking, realty and oil & gas stocks were the worst hit as inflation rate came in higher at 7.61 per cent for week ended April 26 against 7.57 per cent earlier. |
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Bharti to build Europe India Gateway cable
MIL/BS Reporter, May 7, 2008
May 7, 2008 - Telecom major Bharti Airtel will be the only Indian service provider to be part of a consortium of 15 global telecommunications majors that will build the Europe India Gateway (EIG) cable system with a project cost of $700 million, the company announced today. |
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Sensex surges 274pts; HDFC rallies 4%
MIL/BS Reporter, Apr 29, 2008
Mumbai: April 29, 2008 - The Sensex has extended gains after the Reserve Bank of India in its annual credit policy left repo rates unchanged. The index is now up 274 points at 17,290. |
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Sensex down 52 points @ 13:30 hrs
MIL/Sify.com, Apr 28, 2008
April 28, 2008 - Stock specific buying remains the order of the day on the major Indian bourses today. Amid alternate bouts of buying and selling in blue chips, the Sensex is down in the red 17,074.19 (down 51.79 points or 0.3%). The Nifty has posted a loss of 6.60 points at 5105.10. |
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Sensex up over 200 pts @ 11:58 hrs
MIL/Sify.com, Apr 25, 2008
April 25, 2008 - After moving in a tight range band for around an hour, the benchmark indices Sensex and Nifty have surged higher thanks to a slight thrust in buying momentum now. |
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Mkts: Blue chips drift lower; Sensex pares gains @ 14:21 hrs
MIL/Sify.com, Apr 24, 2008
April 24, 2008 - Due to a strong round of selling in some blue chip stocks, the Sensex has given up its gains and dropped down to around its previous closing mark now. |
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Mkts slip; Nifty still above 5K, SAIL, ICICI Bank down
MIL/Moneycontrol.com, Apr 23, 2008
April 23, 2008 - The markets have slipped and are trading sharply lower as selling pressure seen in banks, metal, capital goods and some power and oil stocks. However, realty and some technology stocks are still witnessing buying interest. |
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Federal Reserve approves $30b. Credit Line to save US financial markets
MIL.NYT, Mar 17, 2008
Washington: March 17, 2008 - To avoid collapse to financial markets, the Federal Reserve has approved a $30 billion credit line to engineer the takeover of Bear Stearns and announced an open-ended lending program for the biggest investment firms on Wall Street. |
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BJP and Left storm in Parliament on Kannur Issue
MIL/Agencies, Mar 13, 2008
Kannur, Kerala, India: March 13, 2008 - IR Summary - The Left Party and the BJP has created a big issue in Parliament on the violence in Kannur in Kerala. The violence has also robed this area of the normal trade and this region is paying a heavy economic cost. |
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Reliance eying petrochem project in Qatar
MIL/Hindu, Mar 8, 2008
Dubai , March 8, 2008 - Reliance Industries is keen to set up a petrochem complex in Qatar especially for polymer production. The company is "definitely interested in establishing a world-scale petrochemical complex here with Qatar Petroleum," R P Sharma, president (LNG business) of Reliance Industries who was in Qatar to attend the Middle East Gas Summit, said. |
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Mukesh Ambani's net worth fluctuates $35 bn
MIL/PTI, Mar 6, 2008
New York, March 2008 - Mukesh Ambani, who runs the Reliance Industries group, also saw the highest fluctuation of about $35 billion in his net worth over the past year even as he trailed his estranged brother Anil as the world's second biggest wealth creator. |
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Dollar sunk to a historic low against other major currencies: Fed. Chairman
MIL/NYT, Feb 28, 2008
Washington: February 28, 2008- IR Summary - Chairman of the Federal Reserve, while giving own opinion on the state of the economy, said that the dollar sank to a historic low against other major currencies, introducing a possible third dimension to the economic problems and it is an urgent matter to be tackled immediately. |
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Reliance Power Rises, Closing Above IPO Price for First Time
MIL/Agencies, Feb 25, 2008
February 25, 2008 - Reliance Power Ltd., the company that raised $3 billion in India's biggest initial public offering, closed above the IPO price for the first time since listing after saying it will issue free shares to investors to compensate for a slump in the stock price. |
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Reliance Power: bonus shares in ratio of 3:5
MIL/Agencies/indiainfoline, Feb 24, 2008
Mumbai, India: February 124, 2008 – The Board of Directors of the Reliance Power Ltd in their meeting held here today, has approved a proposal for issuing free bonus shares to all categories of shareholders, in the ratio of 3 shares for every 5 shares held. |
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Govt approves securities for SBI rights issue
MIL/BS, Feb 21, 2008
New Delhi, February 21, 2008 - Faced with opposition from Reserve Bank of India, the government today decided to subscribe to the rights issue of State Bank of India (SBI) by issuing special marketable government securities instead of statutory liquidity ratio (SLR) marketable government securities. |
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Inflation Continues to worry people, may affect stock prices Feb 20, 2008 |
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Double-digit salary hikes to continue in '08 Feb 20, 2008 |
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Share Holders of Reliance Power happy over Anil’s Bonus Feb 18, 2008 |
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Petrol & diesel hiked from today, Marginal increase - PM Feb 15, 2008 |
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Mukesh Ambani to lead India-Russia CEOs' Feb 13, 2008 |
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Sensex gives up part of initial gain Feb 12, 2008 |
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Banks slashes prime lending rates Feb 12, 2008 |
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Nano not to hit Hyundai sales Feb 2, 2008 |
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Stock market still swinging, 372 points lower after early rise Jan 24, 2008 |
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Finance Minister came to rescue of Bombay Stock Exchange Jan 22, 2008 |
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Biggest IPO in India’s Capital market History Jan 21, 2008 |
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Great Crash in Bombay Stock Exchange Sensex Jan 21, 2008 |
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Manmohan Singh’s visit to China Successful in all areas Jan 14, 2008 |
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India, China decide to hold 2nd military exercise very shortly Jan 14, 2008 |
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Beijing assures India to make up the growing trade deficit Jan 14, 2008 |
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Tata Car gives remarkable inkling, Confusion in Price Jan 10, 2008 |
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Unemployment Sounds Warning About US Economy Jan 5, 2008 |
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SBI revises interest rates on term deposits Jan 3, 2008 |
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Tata Group, Ratan Tata to retire after launch of his one lac-car Dec 30, 2007 |
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Tata hydrogen vehicle to roll out in 2 years Nov 23, 2007 |
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