Sensex gains 269 pts, reaches 18K level |
- Sensex gains 269 pts, reaches 18K level
- Interested in Cove, confirm ONGC & GAIL
- Sistema threatens arbitration in 2G case
- PwC arm's insurance cover under cloud
- Kingfisher unable to pay cash-and-carry amount
- NTPC inks power supply pact with Bangladesh
- Private power producers petition PM on import duty
- Oil down near $123 on demand concerns
- GDP growth may be slowest in over 2 years
- India gold seen rising above 29k rupees
- Rupee up 15 paise against dollar
- Sensex up 285 pts as oil prices ease
- Sensex up 265 points on firm Asian cues
- Sensex up 265 points on firm Asian cues
- Mysore Sandal Soap makers to foray into Gujarat
- KSDL to foray into Maharasthra, Gujarat
| Sensex gains 269 pts, reaches 18K level Posted: 28 Feb 2012 08:29 PM PST The BSE benchmark Sensex extended gains for the second straight day by rising over 269 points in early trade on Wednesday on buying by funds and retail investors, tracking a firming global trend. 
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| Interested in Cove, confirm ONGC & GAIL Posted: 28 Feb 2012 02:48 PM PST State-owned ONGC and GAIL India have confirmed their interest in bidding for UK-based Cove Energy, sending its shares to a new high of 245 pence in London market on Tuesday. 
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| Sistema threatens arbitration in 2G case Posted: 28 Feb 2012 02:36 PM PST Increasing the 2G headache for the government, Russian conglomerate Sistema JSFC, majority shareholder in Sistema Shyam Teleservices (SSTL). 
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| PwC arm's insurance cover under cloud Posted: 28 Feb 2012 02:03 PM PST Price Waterhouse (PW) Bangalore, the tainted auditor of scam-hit Satyam, utilized over 95% of a $60-million (Rs 280 crore approximately) insurance cover available to all Price Waterhouse entities in India to meet post-fraud litigation expenses. 
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| Kingfisher unable to pay cash-and-carry amount Posted: 28 Feb 2012 01:59 PM PST Kingfisher Airline is now unable to pay the daily cash-and-carry amount to the Airports Authority of India (AAI) and has accumulated dues of Rs 5 crore in past week, government officials said. 
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| NTPC inks power supply pact with Bangladesh Posted: 28 Feb 2012 01:56 PM PST NTPC on Tuesday signed a long-term agreement to supply 250 mw to Bangladesh Power Development Board, making it the first Indian generation utility to ink a deal for exporting electricity to a neighbouring country. 
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| Private power producers petition PM on import duty Posted: 28 Feb 2012 01:54 PM PST Private power producers have petitioned PM Manmohan Singh against imposing customs duty on power equipment, saying the move would push up electricity costs and hurt the government's efforts to quickly ramp up generation capacity. 
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| Oil down near $123 on demand concerns Posted: 28 Feb 2012 07:49 AM PST Oil prices slipped towards $123 a barrel on Tuesday as investors worried about high prices hurting demand, but supply concerns and the expectation of further liquidity injections from the ECB helped underpin prices at elevated levels. 
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| GDP growth may be slowest in over 2 years Posted: 28 Feb 2012 07:46 AM PST India's economy likely grew at its slowest pace in more than two years during the final months of 2011 as high interest rates and booming input costs hampered manufacturing activity, a Reuters poll predicted. 
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| India gold seen rising above 29k rupees Posted: 28 Feb 2012 07:43 AM PST Indian gold futures, which struck a two-month high last week, could extend gains to top 29,000 rupees, a level keenly watched by the market, due to higher crude oil prices and weakness in the dollar versus the euro, analysts said. 
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| Rupee up 15 paise against dollar Posted: 28 Feb 2012 06:16 AM PST The rupee today gained 15 paise to close at 49.07/08 against the US currency on fresh dollar selling by exporters amid smart rebound in local stocks. 
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| Sensex up 285 pts as oil prices ease Posted: 28 Feb 2012 03:09 AM PST Snapping a four-day falling streak, the BSE benchmark index Sensex today recovered by 285 points on funds buying in bluechips, led by Reliance Industries, amid firming global trends as oil prices declined. 
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| Sensex up 265 points on firm Asian cues Posted: 27 Feb 2012 10:29 PM PST The BSE benchmark index Sensex recovered 265 points in late morning trade in view of fresh buying mainly in realty, consumer durable, metal, power and banking stocks on the back of firm Asian cues. 
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| Sensex up 265 points on firm Asian cues Posted: 27 Feb 2012 10:29 PM PST The BSE benchmark index Sensex recovered 265 points in late morning trade in view of fresh buying mainly in realty, consumer durable, metal, power and banking stocks on the back of firm Asian cues. 
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| Mysore Sandal Soap makers to foray into Gujarat Posted: 27 Feb 2012 10:15 PM PST FMCG player Karnataka Soaps and Detergents Limited (KSDL), manufacturers of Mysore Sandal Soap and sandalwood oils, are all set to foray into the Maharasthra and Gujarat regions. 
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| KSDL to foray into Maharasthra, Gujarat Posted: 27 Feb 2012 09:21 PM PST My idea is to make Mysore sandal soap as an India-international brand, Karnataka Soaps and Detergents Ltd general manager (marketing) D N Vasanthakumar said. 
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