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Market goes into a tailspin — Reform blues impact; over Rs 1,00,000 crore wiped out
THE Day After... ..! It was carnage on the bourses. Stock prices fell like ninepins on Friday as fears of a possible slowdown in economic reforms and disinvestment, jolted the market. The brave face put up by the financial markets on Thursday ...
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FIIs dump PSU, banking stocks
According to market chatter, they were net sellers of around $250 million-$300 million (around Rs 1,100 crore-Rs 1,300 crore) of equity. This is almost double Thursday's figure of $137 million (Rs 604 crore). Brokers said FIIs sold across the ...
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`Practical' privatisation, not `ideological'
IF the transition from piecemeal disinvestment to outright privatisation formed an integral part of the outgoing BJP-led Government's economic agenda, the prospective Congress (I)-headed dispensation looks set to de-emphasise, though not really ...
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Petrol, diesel prices may go up by Re 1
CONSUMERS may face a hike in price of petrol and diesel by Re 1 per litre each from May 16. With oil companies mounting pressure on the new Congress-led Government to allow a price hike in the wake of high global crude and product prices, the ...
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It's free power for all AP farmers — First decision of CM after swearing-in
THE leader of the Congress Legislature Party, Dr Y.S. Rajasekhara Reddy, was sworn in as the new Chief Minister of Andhra Pradesh by the State Governor, Mr Surjit Singh Barnala, at the Lal Bahadur Stadium on Friday. Soon after the swearing-in ...
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Now, lap it up for the price of a PC
MR PRASAD needs his computer with him every time he goes on tour. He wants to use his machine at home to catch up with work and play computer games. In office, he requires it obviously. So all that he needs to do is buy a laptop. But then he ...
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Indiapost — transforming into a `financial mart'
A GROUP of employees of the Indian postal service is a rather unlikely set to be training for the Association of Mutual Funds of India's certification test for distribution of mutual funds. SBI Mutual Fund officers in Tamil Nadu, training ...
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Scrap sell-off policies, say Left parties
LEAVE alone privatisation, even disinvestment will now be a dirty word. Although the would-be coalition constituents of the Congress combine are yet to put their heads together to draw up a common minimum programme (CMP) for governance, the two ...
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The ball is in Left parties' court
AFTER the euphoria and celebrations in the Congress camp, it was time for serious business. Hectic political activity was on during the day with closed-door parleys between the Congress, the NCP led by Mr Sharad Pawar, the Left parties, and the ...
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`Cong for privatisation on case-to-case basis'
The Left does not have a monopoly over social conscience, and they cannot be moralistic that it is only they who are worried about the common man. This attitude is as dangerous as the Sangh Parivar's claim of having monopoly over nationalism.
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As battle for market share intensifies — Variants swamp executive car segment
THE competition in the executive segment consisting mainly of Corolla, Octavia and Optra models, is getting tougher with carmakers introducing newer variants to get a better share in the market. For the first four months (January-April) of the ...
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