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Sensex up 134 points; crosses 8,200-mark — Rupee loses further against dollar
STOCK prices rose on the local bourse for the fourth day in a row on Monday, despite weak Asian markets and the Indian rupee sliding to a new low against the US dollar. The benchmark BSE Sensex closed 134 points up at 8,206, and NSE Nifty rose ...
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Blackstone among 13 FIIs registered with SEBI in last one month
EVEN though foreign institutional investors (FIIs) were net sellers in the domestic equity markets in October 2005, their interest in the country's bourses has far from waned. Last month, 13 new FIIs, including the leading international private ...
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Natwar Singh relieved of External Affairs portfolio
THE Prime Minister, Dr Manmohan Singh, today relieved Mr Natwar Singh from the responsibility of the Ministry of External Affairs following the controversy over Volcker committee report naming him as one of the non-contractual beneficiaries in ...
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Rakesh Jhunjhunwala is Aptech Chairman
COMPUTER training company Aptech Ltd now has prominent equity investor - Mr Rakesh Jhunjhunwala - as Chairman on its newly constituted board of directors. In fact, the new board consists of several known names in financial investment as ...
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A `little Japan' in Tamil Nadu — Township for Japanese investors planned
THE Tamil Nadu Government will look into the possibility of setting up a township that would be a home away from home for investors from Japan. The Chief Minister, Ms Jayalalithaa, told an economic mission led by Mr Hirotaro Yamasaki, Mayor of ...
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MS India enters lifecycle mgmt with Visual Studio
MICROSOFT Corporation India has entered the lifecycle management space with Visual Studio Team System (VSTS). The company's Hyderabad unit developed a part of this product. "This platform will help Indian developers create applications on a ...
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Sharp rise in banks' lending to infrastructure sector
Lending to infrastructure is expected to increase in the rest of the fiscal, as most projects have long gestation periods and as credit disbursal is done in stages.
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Oracle gains 400 more clients — Claims 80 pc market pie of core banking applications
ENTERPRISE software major Oracle added nearly 400 new clients in the financial services and insurance sector in the last one year and now claims to command nearly 80 per cent market share of core banking applications in India. The important ...
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Tally offers free insurance cover for small businesses
TALLY Solutions Pvt. Ltd, an accounting software company, has come up with a free insurance offer to its customers in the small businesses purchasing the Tally 7.2 version. It has tied up with ICICI Lombard General Insurance to extend the limited ...
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ELS cotton prices flare up on short supply
EVEN as the arrivals of new cotton crop are picking up, the short supply of extra long staple (ELS) cotton appears pronounced this year as feared by the textile industry. The shortage is marked by the flare up in its price this month, said the ...
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AP to appeal against HC ruling on quota
STUNG by a five-judge full bench Andhra Pradesh High Court judgment declaring the move to create reservations for Muslims in the State as unconstitutional, the State Government has decided to take the matter to the Apex Court. Addressing a ...
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Holland, Germany fear `spill-over' of race riots in France
THE average European citizen is both stunned and perplexed by the spreading race riots in France and over the speculation about the "spill-over" effect into neighbouring countries with high non-European African and Arab immigrant population - ...
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