Gold slips below 5-week high |
- Gold slips below 5-week high
- Wipro net profit up 10% in third quarter
- Rupee seen up 7th day; could breach 50/dollar
- HDFC Bank Q3 net grows 31%
- FIIs infuse $1bn in 15 trading days
- Nippon Life to buy 26% in Rel Mutual Fund
- Pirojsha handed keys of Godrej Properties
- Microsoft posts $6.62 bn quarterly net profit
- HDFC Bank Q3 net up 31.2%
- Hero MotoCorp Q3 profit up 43%
- Rupee up 13 paise vs dollar
- Sensex closes 192 points up
- Comfort level with AI complete and total: SBI
- Indian charged in insider trading scheme in US
- Bajaj Auto's Dec quarter profit up 19 per cent
- Bajaj Auto's quarter profit up 19 per cent
- Food inflation in negative zone
- Kodak files for bankruptcy
| Posted: 19 Jan 2012 08:03 PM PST Gold slipped on Friday as speculators booked profits from recent highs, but a steady euro and rising equities could limit declines as the metal heads for its third week of gains, its longest winning streak since November. 
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| Wipro net profit up 10% in third quarter Posted: 19 Jan 2012 08:00 PM PST Wipro Ltd reported net profit of Rs.1,456 crore (Rs 14.56 billion) for the third quarter (October-December) of this fiscal (2011-12), registering 10% year-on-year (YoY) growth as per the Indian accounting standard. 
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| Rupee seen up 7th day; could breach 50/dollar Posted: 19 Jan 2012 07:38 PM PST The Indian rupee could strengthen past 50 to the dollar for the first time in more than two months on Friday, propelled by sustained dollar flows into shares and debts. 
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| Posted: 19 Jan 2012 04:19 PM PST HDFC Bank, which briefly displaced State Bank of India as the most valuable lender, has grown its third-quarter net profit 31.4% to Rs 1,430 crore. The growth was driven by a surge in high margin retail loans which grew 30% in the last 12 months to Rs 1,00,347 crore. 
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| FIIs infuse $1bn in 15 trading days Posted: 19 Jan 2012 04:18 PM PST Strong global cues helped improve investor sentiments on Dalal Street with the sensex closing 192 points up at 16,644, a six-week closing high. With foreign funds continuing to buy in the Indian market, real estate, metal and power sector stocks led the gainers. 
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| Nippon Life to buy 26% in Rel Mutual Fund Posted: 19 Jan 2012 04:16 PM PST Japanese insurance major, Nippon Life Insurance, will buy a 26% stake in Reliance Mutual Fund, the Anil Ambani-controlled group's asset management business, for about Rs 1,450 crore ($286 million). This is the single-largest foreign direct investment (FDI) in the MF industry, and also the largest deal in this sector. 
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| Pirojsha handed keys of Godrej Properties Posted: 19 Jan 2012 04:14 PM PST Godrej group chairman Adi Godrej's son Pirojsha has been appointed the new managing director and CEO of Godrej Properties, making the 31-year-old the first among the next generation to take on a leadership role in a group company. 
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| Microsoft posts $6.62 bn quarterly net profit Posted: 19 Jan 2012 01:19 PM PST Microsoft reported a $6.62 billion net profit on Thursday for the second quarter of its fiscal year and quarterly revenue of $20.89 billion. 
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| Posted: 19 Jan 2012 06:23 AM PST HDFC Bank, India's third largest lender by assets, posted a 31.2 percent rise in December quarter profit, beating market forecasts, on lower loan loss provisions, stable asset quality and higher fee income. 
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| Hero MotoCorp Q3 profit up 43% Posted: 19 Jan 2012 06:06 AM PST Hero MotoCorp Ltd and Bajaj Auto Ltd reported a rise in third-quarter net profits that came in line with market estimates, amid high interest rates and rising fuel prices. 
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| Posted: 19 Jan 2012 05:37 AM PST The rupee on Thursday rose 13 paise against the dollar to close at more-than-two-month high of 50.25/26, extending its gains for the sixth session in a row, buoyed by capital inflows. 
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| Posted: 19 Jan 2012 03:24 AM PST Buttressed by positive global cues, the BSE benchmark Sensex rose by 192 points to close above the 16,500-mark today. 
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| Comfort level with AI complete and total: SBI Posted: 19 Jan 2012 03:04 AM PST The lenders will meet in Mumbai later in the day to discuss Air India's $4 billion debt restructuring and all options are open, he told reporters. 
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| Indian charged in insider trading scheme in US Posted: 19 Jan 2012 12:25 AM PST An Indian is among seven persons charged by US authorities of running a "criminal club" which made USD 62 million in illegal profits by trading in the shares of computer company Dell. 
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| Bajaj Auto's Dec quarter profit up 19 per cent Posted: 18 Jan 2012 11:55 PM PST Bajaj Auto, India's second-largest motorcycle manufacturer, posted a 19 per cent rise in its third-quarter net profit, almost in line with market estimates. 
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| Bajaj Auto's quarter profit up 19 per cent Posted: 18 Jan 2012 11:55 PM PST Bajaj Auto, India's second-largest motorcycle manufacturer, posted a 19 per cent rise in its third-quarter net profit, almost in line with market estimates. 
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| Food inflation in negative zone Posted: 18 Jan 2012 11:17 PM PST Food inflation remained in the negative zone for the third straight week, at minus 0.42 per cent for the week ended January 7, 2012 mainly due to fall in prices of onion and vegetables. 
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| Posted: 18 Jan 2012 11:10 PM PST Eastman Kodak Co has filed for bankruptcy protection. 
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