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Sensex at 6-month high on US vote
LED by technology and banking stocks, share prices moved sharply on Wednesday, with the Sensex gaining 88 points to close at a six-month high. Analysts said the rally in IT stocks, spearheaded by Satyam, Infosys, and Wipro, was mainly on ...
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Rupee gains as sentiment improves
THE rupee appreciated by 18 paise on Wednesday to close at 45.37/3750 per dollar on the back of improved market sentiment fuelled by various international developments. On Tuesday, the domestic currency closed at 45.55. According to ...
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Bush emerges victor as Kerry concedes defeat
AS it happened four years ago, America has not been able to announce a winner at the end of the night in the Presidential election; and even as some in the White House may be anxious for the incumbent Republican to declare victory, Mr George W. ...
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HLL plans to hive off Sewri facility
HINDUSTAN Lever Ltd has announced plans to hive off its Sewri facility in Mumbai, which manufactures soap and soap intermediates, to a subsidiary. It also plans to dispose of its functionalised biopolymers business including manufacturing ...
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A rage abroad, but lacklustre here
WHAT'S common to step-thru motorcycles, radio paging services and ladies cigarettes? These are some of the products and concepts that were introduced in the Indian market with much fanfare but failed to take off. The fact that they are more than ...
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H1 spices exports up Rs 258 cr
SPICES exports have increased by Rs 258 crore during first half of the fiscal as shipments of chilli and coriander surpassed the target set for the current fiscal, while some other items have registered substantial increase. While the ...
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Final decision on oil prices in `1 or 2 days'
THE Government will take a "final decision" on revising oil prices in the next one or two days, the Finance Minister, Mr P. Chidambaram, said after a meeting of the Cabinet Committee on Economic Affairs (CCEA) here on Wednesday. The Minister ...
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