JSW Steel may move court over coal block |
- JSW Steel may move court over coal block
- No serious threat of rating cut: FM
- Unitech settles with Telenor for Rs 25 crore
- RIL request for gas price hike rejected
- Sept trade deficit $18.1bn, widest in 11 months
- IFTRT pitches for mandatory auto recall policy
- ICICI bank cuts home loan rates
- Rupee snaps 4-day losing streak
- Sensex rallies 174 points ahead of Infosys earnings
- Govt raises urea price by 50 rupees per tonne
- India's Sept exports slump 11%
- Sensex declines after initial gains, down 33 points
- Rupee gains 3 paise against dollar
- Unitech reaches settlement on Uninor JV
- Sensex up 26 points in early trade
| JSW Steel may move court over coal block Posted: 11 Oct 2012 03:45 PM PDT Sajjan Jindal-led JSW Steel said on Thursday that it might challenge the government in court over de-allocation of the Gourangdih ABC coal mine and insisted that the company has "not done anything wrong". 
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| No serious threat of rating cut: FM Posted: 11 Oct 2012 03:03 PM PDT Dismissing fears of a rating downgrade, FM P Chidambaram on Thursday said the government will take a host of reform initiatives in the next two years to spur growth momentum. 
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| Unitech settles with Telenor for Rs 25 crore Posted: 11 Oct 2012 11:54 AM PDT Nearly five years after venturing into telecom and investing over Rs 600 crore, real estate major Unitech decided to part ways with Telenor, its Norwegian partner in the mobile venture, paying a nominal Rs 25 crore to settle its messy dispute. 
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| RIL request for gas price hike rejected Posted: 11 Oct 2012 11:52 AM PDT The oil ministry has rejected RIL's request for revising price of gas from the company's Andhra offshore field before the due date of April 1, 2014, saying the new price being suggested by the company would push up the government's subsidy burden by $6.3 billion. 
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| Sept trade deficit $18.1bn, widest in 11 months Posted: 11 Oct 2012 07:58 AM PDT India's annual exports fell for the fifth consecutive month and imports rose in September, pushing the trade deficit to its widest in 11 months in the latest bleak data from Asia's third largest economy as it struggles to balance its finances. 
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| IFTRT pitches for mandatory auto recall policy Posted: 11 Oct 2012 07:49 AM PDT Should the government enforce a mandatory vehicle recall and product liability policy in India? According to the Indian Foundation of Transport Research & Training (IFTRT), the frequency of vehicles bursting into flames or tyre bursts is cause for alarm and it is high time a liability mechanism was established in the country. 
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| ICICI bank cuts home loan rates Posted: 11 Oct 2012 07:47 AM PDT ICICI bank (ICBK.NS) has cut its floating rate on home loans by up to 100 basis points until December end, the country's second-largest lender said on Thursday. 
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| Rupee snaps 4-day losing streak Posted: 11 Oct 2012 06:37 AM PDT The rupee snapped a four-day losing streak on Thursday, boosted by dollar sales from exporters and a late rebound in the domestic share markets which likely brought some foreign fund inflows. 
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| Sensex rallies 174 points ahead of Infosys earnings Posted: 11 Oct 2012 05:24 AM PDT Shrugging off negative sentiments, the Sensex on Thursday rallied nearly 174 points to close at 18,804.75 on all-round buying amid hopes of better-than- expected September quarter earnings from Infosys and HDFC Bank, and growth in industrial production data tomorrow. 
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| Govt raises urea price by 50 rupees per tonne Posted: 11 Oct 2012 01:27 AM PDT The government raised price of the most used nitrogenous fertiliser urea by 50 rupees per tonne on Thursday, a government spokesman said. 
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| India's Sept exports slump 11% Posted: 11 Oct 2012 12:26 AM PDT India's exports continued to decline for the fifth month, contracting 10.78 per cent to USD 23.69 billion in September due to slowdown in the western economies. 
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| Sensex declines after initial gains, down 33 points Posted: 10 Oct 2012 10:36 PM PDT The BSE benchmark Sensex dipped 33 points in the late morning trade due to selling pressure mainly in FMCG, auto, capital goods, consumer durable and IT sectors on the back of weak Asian cues. 
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| Rupee gains 3 paise against dollar Posted: 10 Oct 2012 09:40 PM PDT The rupee rose marginally by 3 paise to 53.02 against the US dollar in early trade at the Interbank Foreign Exchange on Friday on selling of the American currency by exporters and banks. 
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| Unitech reaches settlement on Uninor JV Posted: 10 Oct 2012 09:31 PM PDT Realty firm Unitech on Thursday said it would exit from telecom joint venture with Norway's Telenor by disposing of its entire shareholding in Uninor and both the parties have amicably settled all legal disputes between them. 
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| Sensex up 26 points in early trade Posted: 10 Oct 2012 09:17 PM PDT The BSE benchmark Sensex gained over 26 points in early trade on Thursday after Wednesday's losses on emergence of buying by funds and retailers. 
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