Stock futures little changed as Federal Reserve begins meeting; productivity surges NEW YORK (AP) — Stock futures are little changed Tuesday as the Federal Reserve begins a two-day meeting that could provide new signs into how the economy is faring. A new report showing industria…

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Stock prices of companies which announced open offer have seen sharp appreciation in the recent past. A study of around 30 companies that announced open offer so far this year, reveal that share prices of over 90% of the companies rose significantly between the announcement date of the op…

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MUMBAI (Reuters) – JSW Energy Ltd, a group firm of steel maker JSW Steel Ltd, plans to file a regulatory application in the next two days for an IPO worth about $600 million, three sources familiar with the deal said on Monday. JSW Energy, which aborted an IPO worth up to $1 billi…

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July did not turn out to be a great month for monsoons atleast in many parts of the country and we have already started seeing some alarm bells being rung even at the highest levels. The Prime Minister (PM) was on record over the weekend talking about the concerns that he has about monsoo…

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India’s official auditor has on record said his office was yet to ratify the $9 billion capital expenditure claimed by Mukesh Ambani-led Reliance Industries for tapping natural gas from the Krishna-Godavari basin.The remarks to IANS clearly run contrary to a statement by Director Ge…

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The credit crisis may have forced Citigroup’s former chairman & CEO, Charles “Chuck” Prince, to step down from the top job at what was once the world’s largest bank by market capitalisation, but he argues that the collective belief of the financial system was that the market…

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NEW DELHI: Prime Minister Manohan Singh promised on Saturday that no citizen would go hungry as a result of scanty monsoon rains that have threatened the output of rice and other vital crops. Dr Singh also promised strong action against “hoarders and black marketeers” after …

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Better-than-expected jobs report pushes stocks higher, feeds hopes for economic recovery By Stephen Bernard, AP Business Writer NEW YORK (AP) — Investors finally got some good news about unemployment. Stocks rose Friday after the government’s July jobs report showed job los…

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RIL says while its chairman Mukesh Ambani is profoundly saddened by his brother`s remarks, he requests the media to respect his decision not to respond RIL says the public statements by Anil Ambani and his aides are attempts to convert legal issues into a public spat Reliance Industries…

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MUMBAI: State-run National Hydroelectric Power Corp’s (NHPC) initial public offer (IPO ) was oversubscribed a little over seven times, according to the data available with the National Stock Exchange (NSE) Friday. The company had offered 167.73 crore shares with a face value of R…

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