Lloyd Khaner, On Wednesday November 17, 2010, 11:00 am EST Ever since Benjamin Graham created the concept of “Mr. Market”, investors have noticed that when the market gets worried, stocks tend to get cheaper. With that in mind, I’ve been keeping a running tally of all …

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Even as LIC Mutual Fund faces the heat over heavy losses in liquid and money market investments, its equity schemes and index funds continue to be among the worst performers in their categories Life Insurance Corporation of India’s (LIC) mutual fund company has fallen on troubled t…

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TOKYO (AP) — Asian stocks were mostly lower Tuesday as an interest rate hike in South Korea added to speculation China will also tighten monetary policy to cool inflation. South Korea’s Kospi fell 0.5 percent to 1,903.81 after the Bank of Korea raised its key interest rate fo…

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Markets to remain closed on 17th November 2010 (17-11-10) on account of Bakri-Id …

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The country’s largest IT services provider, Tata Consultancy Services, plans to recruit about 50,000 employees in 2011, the same figure as this year’s, a top company official said today. “This year we will add 50,000 people and next year we will add the same (number),&#…

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Amid Sensex tumbling over four per cent in a week, the ten most valued companies witnessed a wealth erosion of a whopping Rs 1 lakh crore last week, with the country’s largest lender State Bank of India emerging as the biggest loser. The Bombay Stock Exchange barometer Sensex decli…

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The markets slumped in the last leg of trade on back of selling pressure in index heavyweights Reliance Industries, TCS, Larsen & Tourbo and ICICI Bank, which dragged the benchmark 287 points to end at 20,590 levels. The S&P CNX Nifty shed 81 points to close at 6194 levels. The…

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Bharti Airtel today declined over one per cent in the early trade on BSE after the country’s leading telecom operator posted a 26.53 per cent dip in its second quarter net profit. Reacting to the lower-than-expected September quarter numbers, shares of the telecom giant declined by…

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Reliance Industries Ltd (RIL) may lose authorisation for the proposed 1,100-km pipeline from Kakinada in Andhra to Haldia in West Bengal. It may be given, instead, to an Andhra Pradesh state utility, as it has failed to make progress. The Andhra Pradesh Gas Infrastructure Corporation, a …

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Banks have been told by the Reserve Bank of India (RBI) to be more transparent and levy reasonable penal charges. The central bank is concerned at the rising number of complaints by customers on steep charges by banks if the minimum balance in a savings account dips even marginally. The …

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