Zee Media Bureau Bangalore:The Congress on Wednesday stormed back to power in Karnataka in a spectacular fashion after seven years, decimating the ruling BJP and BS Yeddyurappa’s KJP along the way. In good tidings for a party battered by a series of scams at the national stage, Congre…

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MUMBAI: The stock of Sun Pharmaceuticals hit a record high on Tuesday, catapulting its market capitalisation above that of Dr Reddy’s Laboratories, CiplaBSE 1.00 % and LupinBSE 2.07 % put together. An impressive revenue and profit growth, benefits from overseas acquisitions, curren…

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Analysts say losses a result of bad cost management Adani Power’s losses widened in the quarter ended March. The company posted a consolidated net loss of Rs 586 crore for the quarter, against a net loss of Rs 292 crore in the corresponding period last year. It attributed the wideni…

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Nano sales declined over 88% during the month compared to 8,028 units sold in April last year What started as a promise to be ‘the People’s car’, Tata Motors’ Nano is finding it tough to get going with customers turning their backs to the model, sales for which ha…

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Several have invested heavily in mid-cap stocks that are down 50-60% of their peak values in Jan 2008 Sandeep Pai swears not to return to the stock market till he recoups his losses since 2008. This Mumbai-based businessman, who sells fire extinguishers to residential properties, had bou…

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Also to look at rights issue, FPO to raise Rs 2,350 cr to support its 18-20% growth target in FY14 Indian Overseas Bank (IOB) has said it will look at raising $2 billion through medium term note (MTN) and said it would also look at rights issue and FPO to raise around Rs 2,350 crore to s…

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Markets to remain closed on Wednesday (01-05-13) on account of May Day. …

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Results of 138 firms show revenue growth has declined further, but net profits are up. The signal from the first batch of corporate results for the March 2013 quarter is loud and clear: Demand slowdown is getting deeper and India Inc is busy protecting – in fact, improving – i…

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Qatar, Dubai and Sharjah want 80,000 additional seats per week as part of bilateral negotiations with India The battle for India in the West Asian aviation market is hotting up, with Qatar, Dubai and Sharjah asking for around 80,000 additional seats a week as part of their bilateral nego…

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The broader markets was positive with mid-caps and small-caps gaining 0.3-0.5% on the BSE. Markets soared in opening trades with 50-share Nifty inching above key resistance level of 5,850 led by significant buying witnessed in stocks of airline companies after Jet Airways clinched a deal…

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