Call it the Nano effect. The demand for used cars in the country has fallen by as much as 25-30 per cent after Tata Motors’ announcement of the launch date of the “People’s Car”. The car will debut on Monday. According to automobile dealers here, there has been an average fall of…

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Washington: US President Barack Obama’s popular support is slipping amid the deepening economic crisis, according to a poll released here Tuesday. The survey by Pew Research Center for the People & the Press showed Obama’s approval rating falling to 59 percent from 64 pe…

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MUMBAI: Snapping the three day winning streak, stocks fell on Tuesday as weak opening of European markets weighed on investor sentiment. Profit booking was mainly observed in banking, oil and gas and IT stocks. …

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NEW DELHI: Real estate developers have found a new way of perking up the market. Unitech, DLF, HDIL, BPTP and others are offering a 30-40% Analysts believe that such projects will help stimulate demand and bring in the much-needed liquidity in the industry, which is already dealing with u…

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Domestic institutional investors seem to be buying and FIIs seem to be quiet. At 1300 hrs, the Instanex DII 15 Portfolio is up 0.85%, outperforming the Instanex FII index which is up just 0.46% to 197.98. Sensex is up 0.63%, the Instanex Top 15 portfolio is up 0.63%, the Instanex Retail 1…

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MUMBAI: Last week Nifty ended positive at 2720 levels gained 3.78 per cent and Sensex ended the week up by 5.17 per cent at 8750 levels. Experts are of the view that the bullishness in markets will continue for a short term. …

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MUMBAI: With the global market picture showing signs of improvement, the mood in the Indian stock market is likely to remain upbeat in the forthcoming week as well. The fourth tranche of advance tax payments from India Inc will be known Monday, which would set a fresh tone for the market….

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Nasdaq listed IT and outsourcing solutions major iGATE on Friday announced its interest in acquiring a 51-per cent stake in scam-hit Indian firm Satyam Computer Services by registering for a global auction. …

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Today’s session was the strongest session for the benchmark indices in the year 2009. The markets continued their northward journey on the back of strong global cues. Short covering in rate sensitive and fresh long build up in major heavyweights boosted the markets higher. …

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MUMBAI: Developments at Satyam Computer Services following B Ramalinga Raju’s confession had left many retail investors asking whether to sell or hold the company’s shares. But with the new management recently kicking off the bidding process to rope in a new investor, experts are of t…

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