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Wednesday, January 19, 2005

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Pawar for import of GM oilseeds
IN a statement that could upset Indian farm lobby, Mr Sharad Pawar, Union Minister of Agriculture, Consumer Affairs and Public Distribution, today said there is a need to encourage import of genetically modified (GM) oilseeds and high oil content ... More

Greens shocked by Pawar's remark
"We are shocked to hear that the Minister for Agriculture has shown eagerness to bring GM oilseeds to India, rather than taking a more cautionary approach. The gross failure on the part of the Government to regulate GM crops - as happened in ... More

Foreign broking firms turn bearish on India
SOME foreign broking firms have downgraded Indian equities, at least for the time being. After being bullish on India till a few weeks ago, these broking firms have turned bearish as stock prices have run-up very fast and looks overvalued. Some ... More

Ranbaxy's Tempest upbeat on 2005
THE fluctuating value of the dollar and increased investments in research and development in the fourth quarter seems to have taken some sheen off the profitability of Ranbaxy Laboratories Ltd last calendar year. And the company is not taking ... More

Ranbaxy Q4 net dips to Rs 156.5 cr
RANBAXY Laboratories Ltd has recorded consolidated sales of Rs 5,333.3 crore, an 18 per cent growth from last year's Rs 4,530.1 crore for the financial year ended December 31, 2004. Profit before tax stood at Rs 973.5 crore compared with last ... More

Largest commercial aircraft A380 unveiled
THE A380, the largest commercial aircraft ever to be built, was unveiled here on Tuesday at the Airbus headquarters, at a glittering function attended by the four European Heads of State and chief executives of 14 leading airlines, representing ... More

Reliance spat: What's in store at ensuing board meetings?
THE next three days may witness many new twists and turns in the ongoing Reliance saga with the two warring Ambani brothers gearing up for a showdown as the boards of four main Reliance group companies meet to consider their quarterly ... More

Markets stay jittery over steady FII inflows
IN yet another volatile trading session, the Sensex closed 1.72 points (0.03 per cent) lower at 6192.35 points. In marked contrast to Monday's trading, when late-hour buying in index heavyweights propped up the indices to positive territory, ... More

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