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Archive for July 25th, 2009

Quick Edit | The republic of spin

The foreign policy establishment has put out the disingenuous explanation that the joint statement is a diplomatic paper and not a reflection of government policy

Zoozoo rakhis, anyone?

The official Zoozoo fan club page on social networking site Facebook has at least 313,129 fans

Bill Gates | ‘Google’s honeymoon is coming to an end’

The information technology industry, even though it has got a volume drop that’s affecting profitability for some of the players, is the most competitive industry

RIL Q1 | Numbers below estimates; standalone net profit at Rs3,636 crore vs Rs4,110 crore * RPL posts June quarter net profit of Rs105 crore * Jet Airways posts Q1 loss vs profit a year ago * JK Lakshmi Cement April-June net more than doubles

Re climbs to 48.26, gilt yields up

Gilt yields ended higher on Friday following a Rs 12,000-crore auction of government bonds. The government will raise a similar amount next Friday, RBI said in a release.

Rupee surges further by 22.50 paise vs dollar

Buoyed by a weak dollar overseas, the Indian rupee today surged by another 22.50 paise to 48.22/23 against the US currency in tandem with firm equity markets amid some dollar demand from oil refiners.

Reliance Ind overhang could weigh on Sensex

The petrochemicals business did reasonably well to report a 21% quarter-on-quarter growth in profit before interest and tax

Sensex lifeline: high beeps and pratfalls

CNBC-TV18 meets the top gainers and losers and finds out what the players feel about Friday’s markets

CESC hopes to carry Q1 profit through FY10

CESC vice-chairman Sanjiv Goenka said it is due to increased efficiency and lowered transmission and distribution losses

Caravel raises Rs25 crore from 17% stake sale to Swiss PE firm

The money will be used to buy a container ship that can carry up to 700 standard containers as well as for setting up a container freight station in Chennai

Employees may trade in index F&O: Sebi

The regulator had also said that employees would not be allowed to take positions in derivative transactions in the company’s shares

Stocks surge 1%; earnings cheer investors

The Sensex ended up 0.97% at 15,378.96, with 23 stocks advancing


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