The Sensex opened 12 points higher at 9,397, touched a high of 9,436, and then soon slipped into the negative zone. Aggressive selling in banking and realty stocks dragged the index below the 9,000-mark to a low of 8,957 – down 479 points from the day’s high. Selective buying…

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In a statement issued today, Sun said the offer by its subsidiary Alkaloida Chemical has been extended to comply with an order of the Supreme Court of Israel. The court had prohibited the closure of the offer till it decides on Taro’s appeal against the deal. The Tel Aviv District C…

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Mumbai: The Sensex is now down 408 points at 9,712. Tata Steel has slumped nearly 13% to Rs 188. Tata Motors have plunged 12% to Rs 160. Sterlite has shed 10.5% at Rs 240. Hindalco has tumbled 9% to Rs 56. Bharti Airtel has shed 7.7% at Rs 632. Reliance and Grasim have slipped nearly 6% e…

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MUMBAI: Benchmarks ended sharply lower on Wednesday as selling emerged in frontline stocks. Reliance Industries was the worst hit after reports that the company shut five of its seven polyester and petrochemical units at Patalganga near Mumbai. Bombay Stock Exchange’s Sensex closed at 1…

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NEW DELHI: Global investors have pulled out a whopping over 480 million dollars from India-focused funds last month, with as much as 120 million dollars flowing out in the last week, amid the meltdown in the equity markets. India-focused funds have witnessed the highest outflows among all…

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MUMBAI: India will auction bonds worth 100 billion rupees ($2 billion) on Oct. 31, the finance ministry said in a statement after market hours on Friday. The central bank will auction 60 billion rupees of a new six-year bond and 40 billion rupees of the 7.95.. …

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The benchmark Sensex jumped by 542 points in early trade on Tuesday on massive buying by funds as well as retail investors, following a strong rally in global markets. The 30-share index, which had gained 781.24 points on Monday, shot up by another 542.06 points, or 4.79 per cent, at 11,8…

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UMBAI: The Reserve Bank on Tuesday decided to inject Rs 20,000 crore through short-term lending route to help the mutual funds meet their liquidity needs and overcome redemption pressure. “RBI has decided to conduct a special 14-day repo at nine per cent per annum for Rs 20,000 cror…

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LONDON: Three major British banks could take GBP 37 billion ($64 billion) in government money to boost their capital, the UK treasury said. Royal Bank of Scotland (RBS) said in a statement it will boost capital by GBP 20 billion including the UK government taking GBP 5 billion in preferen…

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Attur (Salem District), Oct. 10 Rasi Seeds foresees huge scope for rice varieties in the future.The company had only last year started the hybrid rice breeding programme and introduced RHR 111 in Uttar Pradesh. Sharing details with newspersons, its Managing Director, Dr M. Ramasami, said …

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