UMBAI: The country’s second largest software exporter Infosys today said it has added 27 new clients during the first quarter ended June 30, “27 clients were added during the quarter by Infosys and its subsidiaries,” Infosys said in a statement. However, on a quarter-o…

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MUMBAI: Nirmal Bang is of the opinion that the market are little bit oversold and chances of a rebound is very high. Selling at lower levels around the support region should be avoided, it says. “The trend is weak as huge selling pressure is witnessed in Nifty around the 4110-4150 reg…

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The government became richer by over Rs 3.5 lakh crore in 2007-08 as the value of its shares in state-owned listed companies soared by 65 per cent during the year.“The total market value of shares held by the government in these companies (35 PSUs listed on stock exchanges) had gone up …

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The stock was trading at Rs185.45 on the Bombay Stock Exchange (BSE) at 1:51 pm Dayim Punj Llyod, a JV between the Punj Lloyd and His royal Highness Prince Khalid Bin Bandar Bin Sultan (KBS), Kingdom of Saudi Arabia, announced winning a contract worth Rs12.10bn (US$246.8mn) for engineeri…

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IIFL has maintained its reduce rating on Ashok Leyland with a price target of Rs 30 in its report dated July 9, 2009. “Management said the company took active steps to completely eliminate dealer-level inventory in 1QFY10. As a result, dealer-level inventory declined from 3,000 veh…

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Rajen Shah of Angel Broking is of the view that one can hold DLF. Shah told CNBC-TV18, “DLF had a smart run up from Rs 140 levels. In fact if you remember couple of months back we had this real estate special show and I had given a strong call on DLF and then the stock rallied almo…

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NEW YORK: Seven Indian companies, including oil major Indian Oil Corporation and Mukesh Ambani-led Reliance Industries, have made the cut in the India Inc Top 10 challenges for India Best cos to work for ’09 Top 10 valuable brands 10 most admired cos list of world’s 500 …

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The Ambani vs Ambani battle over the supply of KG basin gas has put some corporates in a spot of bother. Companies like GVK, GMR, Tata Power and Torrent have sought government intervention to ensure that the Bombay High Court judgement in the RIL-RNRL gas dispute does not affect their gas…

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The Sensex finally ended the day at 13,769, down 401 points, owing to constant selling seen across the board. The Sensex today opened at 14,039, down 130 points from its previous close due to negative global cues as all the major world markets were in red. The US stocks were hammered an…

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India Capital Markets has come out with a research report on the budget. According to the research firm,with over 60% population dependent on agriculture, focusing on key elements like agricultural reforms, rural development, & infrastructure improvements would lead to the next leg o…

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