Markets to remain closed on Friday (10-09-10) on account of Ramzan Id …

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Sun Pharma, which was fighting a takeover battle with Israeli pharma major Taro, today said that the Supreme Court (SC) of Israel has given the ruling in favour of the company. The Court has unanimously dismissed the appeal of Taro Pharmaceutical Industries and has withdrawn its temporar…

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With a view to reach out to more customers, the National Stock Exchange (NSE) is gearing up to launch mobile trading through nearly 800 registered brokers in early October, an NSE official said. Currently, only about 10-15 big brokers who have the infrastructure offer mobile trading but …

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Christopher S. Rugaber, AP Economics Writer, On Friday September 3, 2010, 11:18 pm EDT WASHINGTON (AP) — Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of …

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The NSE volatility index or India VIX slumped to its all-time low yesterday, indicating a large downside risk to the market In a major indication that a significant market correction is imminent, the National Stock Exchange (NSE) volatility index ended at 16.15 yesterday – the lowe…

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Applications supported by blocked amount help investors in IPOs and NFOs to earn interest till shares or units are allotted. Investors in initial public offerings (IPOs) of companies are often confused. While it makes great sense to enter a company when it is being listed, there is littl…

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Oil marketing companies want to change over to monthly review from fortnightly. If the oil marketing companies (OMCs) increase the price of petrol on September 1, blame it on the new pricing mechanism. The change from a fortnightly review to a monthly one makes a case for petrol price ri…

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On Friday August 27, 2010, 1:24 pm EDT By Rodrigo Campos NEW YORK (Reuters) – Stocks rose in volatile trading on Friday as investors shook off a revenue warning from technology bellwether Intel and a downbeat economic assessment by Federal Reserve Chairman Ben Bernanke to snap up…

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World stocks waver as investors await Bernanke’s speech amid recovery worries Elaine Kurtenbach, AP Business Writer, On Friday August 27, 2010, 5:20 am SHANGHAI (AP) — World markets were mostly lower Friday as investors fretful over the pace of economic recovery awaited a …

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Mark Jewell, AP Business Writer, On Monday August 23, 2010, 11:07 am EDT In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer’s…

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