JSW Steel Ltd has cancelled 14.74% of its outstanding zero coupon foreign Currency Convertible Bonds (FCCBs) of US$1,00,000 each due 2012, aggregating to US$47.80mn, repurchased in accordance with the A.P. (DIR Series) Circular No. 39 dated December 08, 2008 issued by the Reserve Bank of …

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MUMBAI: Shares of JSW Steel gained momentum Monday after the steel manufacturer achieved its highest-ever during the fourth quarter ended March 2009 registering 11 per cent growth to 11.06 lakh tonne over the corresponding quarter last year. …

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Fund Action witnessed in ABG Shipyard, Alok Industries, Genus Power, Adlabs , MAX India , Indiabulls Real Estate, Quintegra Solutions , Brandhouse Retail , Asian Oil Field and Pritish Nandy Comm. …

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The board of tainted IT firm Satyam Computer Services will announce the winning bid on April 13. The technicalities will be evaluated by April 9, and the final winner will be announced on April 13, said Deepak Parekh, member of the board. …

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Hyderabad: The multi-pronged investigation into the Satyam scam seems to be coming to an end with the Sebi team, along with the Central Bureau of Investigation, also said to have readied a preliminary report on the fraud. The three-member team’s report is likely to be submitted to t…

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New Delhi: Billionaire Mukesh Ambani-run Reliance Industries has begun natural gas production from its deep-sea Krishna Godavari basin fields, a history-making feat that will help India save USD 9 billion in oil imports a year. …

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Wind turbine maker Suzlon Energy today said its North American-arm has signed an order worth about $45 million for supply of 20 wind turbines with US-based Duke Energy.Suzlon Wind Energy Corp will deliver 20 units of the S88-2.1 megawatt wind turbine to the US firm Duke Energy in July. …

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At 13:49pm (IST), Shares of Tata Motors have rallied by over 14% to Rs205. Shares of Tata Motors have rallied by over 14% to Rs205 after hitting an intra-day high of Rs207 and a low of Rs182 and has recorded volumes of over 9.8mn shares on NSE. …

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MUMBAI: Logistics firm Gati Ltd said on Wednesday it has acquired 26.01 per cent in trucking company Kausar India Ltd, taking Gati’s stake to 99.73 per cent. …

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Two vessels would commence their respective charters on cessation of their earlier long term charters of around 3 years, while one vessel would migrate from its existing spot fixture to long term charter. …

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