CHENNAI: Move away from Sensex stocks if you want better returns. A returns analysis of the 2,284 available traded stocks on the Bombay Stock Exchange shows that shares of 808 companies have beaten Sensex this year. Besides, another 600 stocks have delivered positive returns since January…

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Anil Ambani-promoted Reliance Infrastructure (Rel Infra) violated the country’s overseas borrowing and foreign exchange rules by investing funds raised abroad in the domestic capital market, said Minister of State for Finance Pawan Kumar Bansal in the Parliament today. …

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The Securities and Exchange Board of India (Sebi) has received complaints of insider trading by Mukesh Ambani-owned Reliance Petroleum (RPL) and 18 other companies in the last three years, Finance Minister Pranab Mukherjee told the Lok Sabha today. …

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At 10:19am (IST), Shares of KEC International have surged by over 4% to Rs144. Shares of KEC International have surged by over 4% to Rs144 after the company announced that it won order worth Rs3.65bn. …

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MUMBAI: Crude oil prices were lower in Asian trade Wednesday. New York’s main futures contract, light sweet crude for delivery in March, eased to $34.92 per barrel. Brent North Sea crude for April delivery fell to $40.73. …

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MUMBAI: A leading brokerage house today asked Reliance Industries to increase its disclosure level while pointing out that it was not providing key information like gross debt and cash position and capex breakdown for the past few quarters. …

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Pranab Mukherjee hosted the interim budget today. He declared several measures for selective sectors in the interim budget. Textiles, Gems & Jewellley Measures: The government extends interest subvention for some export loans. It extends 2% interest subsidy on pre & post ship…

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MUMBAI: Oil prices were mixed in Asian trade Tuesday. New York’s main futures contract, light sweet crude for delivery in March was down to $36.68 per barrel. Brent North Sea crude for April delivery gained was up at $43.64. …

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Shares of Anil Ambani-led Reliance Communications (RCom) today plunged by over five per cent, after one of its promoters — AAA Communication Pvt Ltd — pledged more than one-fifth of its equity in the company. …

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Indian ADRs: Satyam up 12%, Tata Motors up 2%, Infosys, HDFC Bank, ICICI Bank down 2% Alert: Interim Budget today SEBI announces takeover norms for distressed companies; relaxes strict compliance of prov of chapter III in certain cases. …

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