MUMBAI: Stocks are likely to open weaker and close on a negative note Thursday, tracking the pullback in US and Asian markets. The stocks to be watch in this market would be: Shares of infrastructure companies are likely to buck any downtrend with the Securities and Exchange Board of Ind…

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MUMBAI: Contrary to fears that companies will tighten purse strings to conserve cash in an economic slowdown, a substantial number of them have increased dividend payouts to shareholders, with some of them doing so despite posting flat or lower profits, analysis by ET shows. Data availab…

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IVRCL secured order from Government of Bihar IVRCL Infrastructure & Projects Limited (IVRCL) is glad to announce that the Water Division of the company has bagged the order of the value of Rs2.99bn, awarded by the Government of Bihar, Public Health Engineering Department. source: …

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Mint Exclusive: YC Deveshwar says: -ITC to shut down all production lines to introduce pictorial warnings -Shutdown of production lines in a phased manner -We are not ready yet with our new packets Bajaj Auto – Patent Case: -Bajaj Auto appeals at Madras HC to put a stay on judg…

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MUMBAI: Equities faced heavy selling pressure towards the end of the session as investors took to booking profits ahead of the F&O expiry. All sectors such as realty and capital goods which were in focus in the earlier trading sessions were badly hit. On the other hand, technology st…

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MUMBAI: Anil Ambani group entity Reliance Infrastructure today said it has sought shareholder approval for raising up to Rs 4,300 crore through preferential allotment of shares to promoters and issuance of securities to qualified institutional buyers. In a filing to the Bombay Stock Exc…

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The board of directors Karuturi Global at its meeting held on May 23, 2009, decided to raise about Rs 3 billion through the preferential issue of approximately 241.5 million warrants to the promoters and their group and to certain strategic investors, subject to applicable compliances. T…

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Bharti Airtel has confirmed that it may acquire 49% stake in South Africa-based telecom major MTN. Commenting on the deal, Bhavesh Gandhi of India Infoline said, “I think the deal looks positive for Bharti especially since after maybe 500-600 million subscribers, all the major top thre…

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Housing Development & Infrastructure Ltd (HDIL), a Mumbai-based property developer, will sell shares worth $600 million (Rs 2,880 crore) to institutional buyers to reduce debt on its books, a top company official has said. The move comes in the wake of nearly 33 per cent rise in the…

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NEW DELHI: Edible oil firm KS Oils on Tuesday announced it will raise Rs 450 crore from private equity funds, promoters and a new global depository receipt (GDR) issue. ET had reported the company’s fund-raising plans on Tuesday. PE firm New Silk Route will invest Rs 135 crore in the …

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