State-run Indian Oil Corp, the country s biggest oil retailer, is currently suffering a daily revenue loss of Rs 1 billion on fuel sales in the domestic market, its chairman said on Monday. B.M. Bansal said a panel of ministers, which would meet later in the day, was expected to take a decision on recommendations of a government committee that favoured deregulation of petrol and diesel prices.
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BURAS, La./ LONDON (Reuters) - U.S. President Barack Obama told British Prime Minister David Cameron on Saturday that he had no interest in undermining the value of oil company BP Plc following the massive oil spill in the Gulf of Mexico.
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It is all or nothing for anyone making open offers for shares in Indian companies, says the draft discussion paper tabled for public comments by SEBI's Achuthan Committee on takeover
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Investors with medium-term perspective can consider buying the stock of Usha Martin (Rs 88.5). The stock has been on a steady long-term uptrend since its March 2009 low of Rs 18.6, shaping rising peaks and
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To enable foreign companies to mobilise funds from Indian capital market the Government has made the guidelines for Indian Depositary Receipts (IDRs) by such companies less stringent. IDRs are similar to ADRs and GDRs and are designed ...
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Spotlight on short-term debt funds
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Mumbai, July 20 The initial public offering of Omaxe Ltd was subscribed 68.12 times on the BSE and NSE at 7.00 pm. The IPO received over 121 crore bids against the issue size of 1.77 crore shares. A total of 6.64 crore bids were ...
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Futures trading in the commodity exchanges reached a whopping Rs 8,97,816 crore till June-end in the current financial year on the back of more participation in the non-agricultural commodities counters.
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Reliance Mutual Fund, the country's largest fund house, is embarking on an expansion plan to double its branch network from the existing 300 in the next nine months. ??
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Lifestyle funds, being floated by asset management companies, are expected to increase in number and size in the coming days owing to the rising income and consumption levels of people in India,
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UTI Asset Management Company (UTI AMC) expects to generate returns of 20 per cent from its newly-launched mutual fund product UTI - India Lifestyle Fund.??
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The government procured only around 11 million tonne of this, although on an average, it procures around 20% or more of the total of 70 million tonne wheat produced countrywide
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High stocks amidst low demand and indications of an increase in sowing acreage have combined to put downward pressure on prices
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