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Monday, January 03, 2005

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Takeovers fail to sizzle, unlike rest of the market
According to SEBI statistics, the value of `open offers' made under the takeover regulations dropped by over 50 per cent to Rs 1,200 crore in the calendar year 2004 from Rs 2,600 crore in the previous year. More

This year, investors want equity in insurance
INSURANCE companies are likely to be the new year shots for emerging sectors' play in Indian equities. Several large investors see insurers emerging as one of the top value creators in Indian equities in 2005, which appear ready for more, even ... More

US equity fund buys 33.3 pc in Indiabulls arm for Rs 87.6 cr
FARALLON Capital, a San Francisco-based private equity fund, and its affiliates have acquired 33.3 per cent stake in Indiabulls Credit Services Ltd, the recently formed subsidiary of the broking firm, Indiabulls Financial Services Ltd, for Rs ... More

`Spot audits' by US textile buyers begin as quotas go
"Bigger retailers in the US and the EU are extremely conscious of any adverse publicity, especially with quotas having been phased out." More

India Inc upbeat on economy: CII poll
A SNAP poll of CEOs conducted by the Confederation of Indian Industry (CII) suggests that 57.5 per cent of them felt the current fiscal would end with a GDP growth rate of 6-6.5 per cent. Another 31.8 per cent of the respondents felt that the ... More

Mills blame speculators for spurt in sugar prices
EVEN as cola majors, mithai makers, ice-cream manufacturers and other bulk consumers are crying foul over spiralling sugar prices, the domestic sugar industry has blamed speculators, who, they say, are making a killing on account of the ... More

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