Technical Analyst, Ashwani Gujral is of the view that Reliance Industries, RIL has support at Rs 1200 and resistance at Rs 1315-1320. “Reliance Industries, RIL has support at Rs 1200 and resistance at Rs 1315-1320. Tata Steel has support at Rs 145-150 on the downside and needs to cross …

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The Reliance Industries Limited (RIL) board will meet on March 2 to consider merger with Reliance Petroleum Limited (RPL). The merger is effective retrospectively from April 1, 2001. RIL, India’s largest private sector enterprise, will issue about 34-crore additional equity shares o…

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Oil and Natural Gas Corporation (ONGC) is planning an initial public offering (IPO) of its subsidiary, which is building the Rs 12,440 crore petrochemical plant at Dahej in 2011, even as it agreed to give the state gas utility Gail India a 19 per cent stake in the mega project. …

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NEW DELHI: Oil and Natural Gas Corp (ONGC) is planning an initial public offering of its subsidiary, which is building the Rs 12,440 crore petrochemical plant at Dahej in 2011, even as it agreed to give the state gas utility GAIL India a 19 per cent stake in the mega project. …

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How Indian ADRs fared in US markets: Satyam, ICICI Bank down 5%, HDFC Bank, Infosys down 2%, Tata Motors down 1% News picks Alert: RBI governor to meet bankers today to discuss credit flows, liquidity situation …

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GAIL is seeking a 26 % stake in the venture, said the company. ONGC has agreed to sell a 19% stake in its chemical venture to GAIL India. GAIL is seeking a 26 % stake in the venture, said the company. Gail also announced that it would supply regasified gas to 4 fertilizer units and would…

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MUMBAI: Shares of Tata Motors rose on Thursday on reports that the company would be launching its most awaited low-cost car Nano later in March. Tata Motors said the Tata Nano will be launched in Mumbai on March 23. The car drew global attention for being the cheapest at around Rs 100,00…

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Satyam Computer Services board began a meeting on Thursday that is expected to set pricing guidelines for a preferential share issue to a strategic investor in the outsourcer at the centre of India’s biggest corporate fraud. …

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Welspun Gujarat Stahl Roh had touched an intraday high of Rs 64.75 and an intraday low of Rs 63.35. At 12:29 pm, the share was quoting at Rs 63.95, up Rs 1.80, or 2.90%. The company has bagged orders worth over Rs 500 crore, reports CNBC-TV18. …

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GMR Energy Ltd (GEL), the 100 per cent subsidiary of GMR Infrastructure Ltd has acquired 33.5 per cent (75 million common shares) of Canada-based Homeland Energy Group Ltd (HEG), listed on Toronto Stock Exchange. …

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