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Moneylife Digital Team 01 December 2010
The local market is likely to see a range-bound opening today as the US markets closed weak overnight on fears that Portugal’s debt might come in for a downgrade. Markets in Asia were mostly soft in early trade this morning on continued anxiety over the Eurozone crisis and ahead of release of...

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Moneylife Digital Team 30 November 2010
New Delhi: Decontrolling the urea sector by bringing it under the purview of the Nutrient Based Subsidy (NBS) policy may be a far cry as the government is more inclined to go on with the New Pricing Scheme (NPS) for the often-used fertiliser, reports PTI. “The thought process of the Department...

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Moneylife Digital Team 30 November 2010
New Delhi: Reliance Industries’ (RIL) prolific D-1 and D-3 gas fields off the east coast have seen a 15% drop in production to about 45-46 million metric standard cubic meters per day (mmscmd) because of reservoir complexities, reports PTI. The Dhirubhai-1 and 3 fields, known as D1 and D3, in...

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Moneylife Digital Team 30 November 2010
The Bimal Jalan committee’s proposal to kill the listing dreams of stock exchanges, ignites fears among big investors in the bourses and BSE brokers that billions could vanish overnight Several high-profile private and institutional investors in the national bourses could be left high and dry...

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Moneylife Digital Team 30 November 2010
While the market opened with a negative bias tracking the Asian bourses, the GDP growth numbers for the September quarter along with buying in second-rung stocks ensured a green close for the second day running. The market opened in the red, tracking its regional peers that were trading lower...

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Moneylife Digital Team 30 November 2010
State-owned contraceptives manufacturer HLL Lifecare Ltd said it plans to come up with an initial public offer (IPO) to raise funds in next nine months. Earlier known as Hindustan Latex, the company plans to invest Rs570 crore in new projects such as setting up a 'Vaccine Complex' and...

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Moneylife Digital Team 30 November 2010
DQ Entertainment (International) Ltd has signed an exclusive publishing licensing deal for 'The Jungle Book', through DQE's merchandising agents in Germany-ZDF Enterprises, with Egmont Verlagsgesellschaften GmbH. The company has also inked a non-exclusive deal with Belltex, Belgium for retailing...

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Moneylife Digital Team 30 November 2010
Venus Remedies Ltd (VRL), a research based pharmaceutical company, has received patent for its product Vancoplus from Republic of South Africa and New Zealand. Vancoplus is used to combat Methilicillin Resistant Staphylococcus Aureus (MRSA). Dr Manu Chaudhary, JMD, Venus Remedies says,...

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Moneylife Digital Team 30 November 2010
India's auto major Tata Motors Ltd has launched its mini-truck 'Ace Super City Giant' in Thailand and also disclosed plans to enter the Thai car market in the next couple of years. The company is also seeking to tap opportunities in Malaysia and Indonesia. "We would like to get into the car...

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Moneylife Digital Team 30 November 2010
Religare MF unveils 370 days fixed maturity plan; Axis MF revises exit load under Short Term Fund; Franklin Templeton MF revises exit load under Templeton Floating Rate Income Fund; Taurus MF revises exit load under MIP Advantage Fund Religare MF unveils 370 days fixed maturity plan Religare...

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Debashis Basu on where the stock market is headed 30 November 2010
Often, what you don’t see is more important The French economist Frédéric Bastiat penned an essay, ‘That Which Is Seen, and That Which Is Not Seen’. He wrote: “In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects. Of...

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Moneylife Digital Team 30 November 2010
New Delhi: The government today said it will award five big-size road projects worth Rs15,000 crore by March, 2011, reports PTI. "We would be awarding five mega road projects in the next 3-4 months," transport and highways minister Kamal Nath told reporters here. The estimated cost of each...

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Moneylife Digital Team 30 November 2010
Mumbai: The Reserve Bank of India (RBI) on Monday extended its special measures for easing the monetary supply till 28th January in view of a cash crunch due to a slew of public stake sales and brisk credit offtake during the festive season, reports PTI. The special measures, which were...

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R Balakrishnan on saving  and   investing prudently 30 November 2010
Don’t depend only on your bank if you want to shop for any financial product. Do your homework and choose a good advisor too I was at my bank for some work. At the next table, a pretty young 20-something (PYTS) was sitting tight-lipped, anxious and eager. She was from the bank. Across her...

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Moneylife Digital Team 30 November 2010
The Indian market is likely to witness a flat-to-positive opening on unsupportive global cues. Wall Street closed lower overnight as investors contemplated over the Irish bailout package, worried that concerns still exist. The Eurozone imbroglio also resulted in the Asian pack trading mostly...

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Moneylife Digital Team 29 November 2010
The scam-polluted environment spells doom for stocks of companies with suspected links to political figures and parties Even as the skeletons keep rolling out of the cupboards of Indian officials and politicians, companies that are seen to have affiliations to politicians are paying the price...

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Moneylife Digital Team 29 November 2010
Among the public sector plays that have hit the primary market in the past four years, banking and finance companies have clearly emerged trumps. Other PSUs have not done so well Initial public offerings (IPOs) by public sector undertakings (PSUs) are coming thick and fast. Just a few weeks...

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Moneylife Digital Team 29 November 2010
New Delhi: The inquiry reports of National Stock Exchange (NSE) in the alleged defaults by a brokerage firm should be made public, the Central Information Commission (CIC) has told the Securities and Exchange Board of India (SEBI), reports PTI. The transparency panel rejected the arguments put...

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Moneylife Digital Team 29 November 2010
New Delhi: The Central Bureau of Investigation (CBI) today filed a fresh status report in the Supreme Court on its ongoing investigation into the second generation (2G) spectrum scam allegedly involving former telecom minister A Raja, responding to posers by the judges and explaining in detail...

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