C&C Constructions Ltd, a Gurgaon-based infrastructure development company, has bagged two orders worth Rs 375 crore from Jaiprakash Associates Ltd.The orders does not include the cost of major raw materials and capital equipment, which are being supplied by Jaiprakash Associates Ltd….

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MUMBAI: Indian bourses progressed rapidly with key indices — Sensex and Nifty — hitting nearly ten-month highs as investors were heartened by new UPA Government’s economic agenda, unveiled by President Pratibha Patil in the week under review. The markets achieved new hi…

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CHENNAI: While many large-cap stocks with over Rs 10,000 crore in market capitalisation have led the bull rally, mutual funds invested in mid-cap and small-caps have landed stellar gains riding on stock performance. A quick look at around 35 mutual fund schemes, that are known to have in…

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NVP acquires eEquity position in India’s Largest Stock Exchange. Norwest Venture Partners (NVP) and IL&FS Securities Services Limited (ISSL) have announced that NVP has signed a definitive agreement to acquire 2.11% equity in the Mumbai-based National Stock Exchange of India Limite…

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MUMBAI: Indian firms may sell shares worth up to $30 billion annually over the next three years as the return of economic growth draws investors back to Asia’s third-largest economy, a senior official at Morgan Stanley said. That would match the record $31 billion raised by Indian …

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BSE Sensex: (14871) we said ‘as it climbs higher it sets itself UP for a reaction. I would be cautious…it never hurts’ the market unfolded as expected and the market has once again generated an indecisive pattern near zone of resistance…I would expect a big move either up or down …

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Tea plantation company McLeod Russel India today said its net loss has narrowed to Rs 88.61 crore in the fourth quarter ended March 31, 2009.It had a net loss of Rs 97.34 crore in the same period last year, Mcleod Russel India said in a filing to the Bombay Stock Exchange. The company ha…

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Index of six core industries up 4.3%, highest since July 2008.Hopes of an economic recovery grew, with data for the output in six core infrastructure sectors rebounding in April, showing a 4.3 per cent increase — the most since July 2008 — on a better-than-expected performance in coal…

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MUMBAI: Profit booking shaved away early gains leaving key indices below its previous session’s close. The negative opening on the European bourses weighed on sentiment. Metals, technology and oil & gas stocks were hit as investors sold into recent gains. At 1:45 pm, Bombay Stock …

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LONDON: Forget about “Go Away in May”. Forget about losing steam. Investors are showing very few signs that the global stock market rally is about to end. World stocks as measured by MSCI hit a low on March 9. At the time of writing they have risen as much as 45 percent since…

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