Nine out of the 10 most-valued companies in the country saw a dip of Rs 81,898 crore in combined market capitalisation (m-cap) during the week gone by, with corporate major RIL the worst-hit. However, Bharti Airtel bucked the trend and saw its market valuation surge. During the week, Bh…

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New Delhi: The real estate market, witnessing a big drop in sales and a consequent cash crunch for realtors, is likely to see a sharp decline in prices during the January-March quarter, according to property experts. “The realty market is over-heated at present. We expect prices to…

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The markets logged heavy losses in the week under review on the back of ongoing euro crisis and domestic growth issues. The markets saw red on all five trading days of the week, with the broader markets facing brunt of the selling. Despite leadership changes at Greece and Italy, the fear…

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Carlyle, New York Life PE in talks to invest $100 million in parent, arms. Everonn Education, India’s largest technology-enabled education firm, is getting ready to enroll more global marquee investors. Two months after the Dubai-based Varkey Group came on board, global private eq…

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Airline to increase full-service flights as Kingfisher curtails operations. Kingfisher’s pain could be Jet Airways’ gain. The Naresh Goyal-led carrier plans to increase the number of its full-service flights to attract passengers affected by Kingfisher cancellations Currently, about…

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Debt-laden mobile operator Reliance Communications posted its ninth straight drop in quarterly profit, with investors awaiting a deal to sell its tower unit and bring in much needed funds. India’s second-biggest mobile operator by subscribers said consolidated net profit fell to Rs…

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Stocks rose, preventing a second straight weekly decline for the Standard & Poor’s 500 Index, and commodities climbed as U.S. consumer confidence improved and Europe took steps to address its debt crisis. Italy’s bonds gained and oil reached a three-month high. The MSCI All-Coun…

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Asian shares fell on Thursday after Italy’s record-high cost of borrowing renewed fears over the eurozone debt crisis. Japan’s Nikkei index fell 2.9%, South Korea’s Kospi shed 3.8% while Hong Kong’s Hang Seng dropped 4.4%. The falls in Asia followed losses in the…

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NEW YORK (Reuters) – Wall Street tumbled on Wednesday in its worst day since August, as a spike in Italian bond yields signaled the European debt crisis was getting worse. The Dow Jones industrial average dropped 389.31 points, or 3.20 percent, to 11,780.87, according to the latest…

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UP next: Trifurcation of state, reservation for Muslims. With an eye on the 2012 Assembly elections, Uttar Pradesh chief minister Mayawati has lined up an array of poll sops for her state. The first was unveiled today: a hefty Rs 40 a quintal rise in the support price for sugarcane. Whil…

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