MUMBAI: Shares of Educomp Solutions reversed losses to rise more than 2 per cent after the company said its promoters have not pledged any shares. The company’s shares have been battered since January on reports alleging accounting fraud at the education software and services firm, whic…

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Indian ADRs: Satyam down 6%, Infosys down 1%, Tata Motors, HDFC Bank up 3%. Results today: Ambuja Cement Satyam update: -Company has got bank sanctions worth Rs 600 crore -PC Gupta says all options related to Satyam sale still open …

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NEW DELHI: After a crucial two-day board meet, the six-member Satyam Computer Services board appointed by the government named AS Murty as the new Chief Executive Officer of the beleaguered firm. AS Murty was formerly, Head, Delivery and Leadership Development of Satyam. The board has als…

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Mumbai: The Bombay High Court’s decision to lift the stay on the sale of gas produced from Reliance Industries’ KG D6 block is likely to double the company’s net profit in two years. In its interim order on January 30, 2009, the court allowed the company to sell the gas…

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Indian ADRs: Satyam, MTNL down 4%, Infosys, Wipro, HDFC Bank down 1% Results today: ACC NSE notifies cross margining norms across cash & F&O segments, to begin from February 9 Montek Singh says Fiscal Stimulus needs to continue into next fiscal… …

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CHENNAI: Nalanda India Capital, a Singapore-based investment fund run by Pulak Prasad has bought more than seven lakh shares in IT services firm MindTree from Walden International. The transaction, valued at Rs 15.6 crore, happened through the bulk deal route on the Bombay Stock Exchange…

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MUMBAI: Equities witnessed a dull trade Wednesday as investors chose to stay away in a directionless market. Metal and realty space ended higher while healthcare closed marginally lower. National Stock Exchange’s Nifty ended at 2803.05, up 19.15 points or 0.69 per cent. The broader inde…

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Highest bid may be benchmark for Satyam open offer price by SEBI – BL Eicher Motors buy back at Rs 691.8/sh (Very Imp, it’s at fixed price of Rs 691.8, CMP Rs 226. This is the same price at with 8.1% stake was sold to Volvo, buy back opens on March 12, closes on March 26). …

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MUMBAI: The list of Indian promoters, who have mortgaged their equity holding to raise funds, is growing by the day. Nearly 10 companies on Tuesday provided the stock exchanges with details of shares pledged by their promoters. Balaji Telefilms, Hind Syntex, Aban Offshore, Bhuwalka Steel…

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New Delhi: Bharat Heavy Electricals Ltd has got orders worth about Rs 10000 crore from NTPC and coal miner and power generator Neyveli Lignite Corp Ltd, its chairman said on Tuesday. New Delhi: Bharat Heavy Electricals Ltd has got orders worth about Rs 10000 crore from NTPC and coal miner…

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