Going solar
DUTCH INITIATIVE: Ms Karien van Gennip, Minister for Trade, Government of The Netherlands, sailing the solar powered boat at the Chennai Port Trust on Friday. The boat was manufactured by students of Delft University in The Netherlands and was ...
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Spurt in PFAD, palm stearin imports: Covert CPO shipments?
There is more than what meets the eye in the unusual increase in import of palm fatty acid distillate (PFAD) and crude palm stearine (CPS) in the last several months as reported in this newspaper (BL, September 7). It is not just that imported ...
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Can the top 3 automakers zip past the million mark?
With the top three automobile manufacturers in the country - Maruti Udyog, Tata Motors and Hyundai Motor India - having reported cumulative sales of 6.47 lakh units for the first eight months, January-August 2006, the million mark for the ...
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Handy PCs for note-taking
The importance of note taking could not be emphasised better. While reporters at Connect 2006 - a conference and exhibition on the information technology and communication sectors organised by the Confederation of Indian Industry - were ...
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Steel prices to come down in rural areas
Major steel producers have decided to reduce the cost of steel by Rs 600-1,000 per tonne in rural areas by absorbing the cost of transportation and distributors' margins. This follows an appeal by the Union Steel Minister, Mr Ram Vilas Paswan, ...
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Equity funds continue to witness net outflow
Net outflows from equity funds continue. In August, equity funds witnessed net outflows of Rs 650 crore as per figures released by The Association of Mutual Funds in India (AMFI). The redemption in equity funds in July was Rs 209 ...
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Havell's shines on acquisition talk
Rumours that Havell's India is in talks to buy out a European company have been dogging the counter on the bourses. While the stock price movement does not indicate any such corporate development, analysts remain convinced that the development ...
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RPG Transmission: Betting on orders
The stock of RPG Transmission Ltd witnessed an almost 8 per cent jump on the BSE on Friday to close at Rs 147.75. It hit the upper circuit at Rs 151.45 intra-day. The counter has gained almost 22 per cent over the past week and almost 36 per cent ...
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ITC active on price hike hopes
The ITC counter saw huge volumes traded on Friday on market rumours that the company is likely to hike prices on some of its cigarette brands. The stock ended up by 1.13 per cent at Rs 188.10 on the BSE with around 12.8 crore shares traded. The ...
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