MUMBAI (Reuters) – India’s largest private airliner, Jet Airways, on Friday surprised the markets by posting a much lower loss than expected on better revenue and a one-time gain, but the carrier cautioned high fuel and intense competition hurt performance. The Mumbai-based a…

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Markets clocked 1% gains for the week as upbeat earnings by some companies lifted sentiment and Greece bail out news by European Union improved risk appetite for equities. The Nifty started the week on a positive note and touched a high of 5,645 mid-week. Soon after, the index succumbed …

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Eyewitness Ingunn Anderson says she saw many injured people Norway has been hit by twin attacks – a massive bomb blast in the capital and a shooting attack on young people at a governing Labour Party youth camp. At least seven people were killed in the bombing, which inflicted hug…

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Iron ore producer and exporter Sesa Goa tumbled by as much as 4% in morning trade today on the bourses after the company posted disappointing first quarter earnings. The company yesterday announced a consolidated net profit of Rs 840.59 crore for the first quarter ended June 30, 2011, co…

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By Chuck Mikolajczak NEW YORK (Reuters) – Stocks climbed on Thursday as signs of progress on the U.S. debt talks and concrete action from Europe on its own debt crisis heartened investors. Unexpectedly robust results from Morgan Stanley (NYSE:MS – News), whose shares rose 11…

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Former raise stake, and latter prune holding, in over half of top BSE 500 firms; analysts see foreign preference for safety in returns. Despite uncertainties in the global markets, foreign institutional investors (FIIs) remained bullish on Indian companies during the quarter ended June 3…

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Aircraft purchase, insider trading charges add to panic selling. Crompton Greaves was again in the eye of a storm today, forcing the management to go into a damage control mode. While the disappointing first quarter results announced yesterday were the biggest trigger, weak management gu…

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European stocks gained, rebounding from a seven-month low, as companies from Novartis AG (NOVN) to International Business Machines Corp. reported earnings that beat estimates. U.S. index futures rose while Asian shares fell. Novartis, Europe’s second-biggest drugmaker by sales, climbed…

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Matthew Craft, AP Business Writer, On Monday July 18, 2011, 9:40 am NEW YORK (AP) — Stocks fell at the opening of trading as debt worries continue to hang over markets. Europe’s banking troubles and a debate over lifting the U.S. government’s borrowing limit helped dra…

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Hexaware Technologies, an IT, BPO and consulting services provider, announced on Monday that it has secured a contract “potentially” worth $177 million over a five year term. “Hexaware has been associated with this leading US headquartered multinational corporation for several year…

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