News with Tags "cent"

Lupin inks pact with S Korean firm to launch diabetes drug

Posted on Wednesday, August 6, 2014 - 18:50 pm

Drug major  Lupin has inked a marketing pact with South Korea’s LG Life Sciences to launch its anti-diabetes drug in India.


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Posted by on Wednesday, August 6, 2014 - 18:50 pm.
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RBI to sell 91-day treasury bills at 8.63%: poll

Posted on Wednesday, August 6, 2014 - 14:00 pm

RBI is likely to set a cut-off yield of 8.63 per cent at its 91-day treasury bill auction on Wednesday as per median forecast in a Reuters poll of 10 traders.

Expected cut-off compared with cut-off yield of 8.6456 percent last week.

The highest yield polled was 8.66 per cent, lowest was 8.60 per cent.


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Posted by on Wednesday, August 6, 2014 - 14:00 pm.
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Toronto stock market up slightly amid mixed China-U.S. data

Posted on Wednesday, August 6, 2014 - 02:20 am

TORONTO — The Toronto stock market was well in the red Tuesday afternoon as traders weighed earnings results and data showing the effect of a slowdown in China’s property market.


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Posted by on Wednesday, August 6, 2014 - 02:20 am.
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Ringgit set for best 2-day gain in a month

Posted on Tuesday, August 5, 2014 - 10:21 am

Malaysia’s ringgit headed for its biggest two-day advance in a month after gains in US equities boosted sentiment for emerging-market assets.


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Posted by on Tuesday, August 5, 2014 - 10:21 am.
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Roadshows for SAIL stake sale to start by month-end

Posted on Monday, August 4, 2014 - 19:10 pm

Domestic roadshows for 5 per cent disinvestment in SAIL , likely to fetch about Rs 1,800 crore, will start by this month-end while the exercise to attract overseas investors will begin in the first week of September.


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Posted by on Monday, August 4, 2014 - 19:10 pm.
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DSK to partly fund realty proj through Rs 200-cr NCD issue

Posted on Monday, August 4, 2014 - 08:01 am

Realty firm DS Kulkarni Developers Ltd  (DSKSL) will partly fund its integrated township project ‘DSK Dream City Phase-I’ near Pune through proposed Rs 200-crore non-convertible debentures (NCD) issue.


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Posted by on Monday, August 4, 2014 - 08:01 am.
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Top 7 telcos owe over Rs 2,100-cr penalty to DoT: CAG

Posted on Monday, August 4, 2014 - 05:21 am

Telecom operators such as  Airtel , Vodafone,  Idea ,  RCom , Aircel, Tata Tele  and BSNL have not paid penalties totalling Rs 2,116.95 crore levied on them for non-compliance of subscriber verification rules that are important for national security, CAG said in its report.


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Posted by on Monday, August 4, 2014 - 05:21 am.
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TVS Motor July sales up 32.15% to 2,03,092 units

Posted on Saturday, August 2, 2014 - 16:30 pm

Chennai-based  TVS Motor Company today reported a 32.15 per cent increase in its total sales at 2,03,092 units in July 2014. The company had sold 1,53,676 units in the same month last year, TVS Motor Company said in a statement.


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Posted by on Saturday, August 2, 2014 - 16:30 pm.
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Upbeat auto market spurs demand for imported natural rubber

Posted on Saturday, August 2, 2014 - 06:10 am

Natural rubber imports are likely to be much higher this year, as Indian tyre makers find that it is cheaper to source the commodity from the overseas market than to buy it from local suppliers.


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Posted by on Saturday, August 2, 2014 - 06:10 am.
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UP govt holds 3 mt of sugar for auction

Posted on Saturday, August 2, 2014 - 05:01 am

The Uttar Pradesh government says it has three million tonnes of sugar seized from private millers which haven’t cleared sugarcane payment arrears to farmers.


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Posted by on Saturday, August 2, 2014 - 05:01 am.
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Aust market on the slide

Posted on Saturday, August 2, 2014 - 02:20 am

The Australian stock market is having one of its worst days in months as sharp losses from Wall Street and the prospect Argentina will default on its debt overshadowed positive news from China.


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Posted by on Saturday, August 2, 2014 - 02:20 am.
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Cash rates at near 2-week low post-term repo auction

Posted on Wednesday, July 30, 2014 - 19:46 pm

Overnight cash rate was at 8.00/8/10 per cent, after hitting 7.00 per cent, its lowest since July 18, from 8.80/90 per cent previous close. Weighted average rate in the call money market was at 8.31 per cent.

RBI injected 20,000 crore via 7-day term repos earlier in the day after Rs 71,500 crore in 7 and 14-day term repos last week. Month-end government spending to help liquidity, keeping call rates close to 8 per cent, dealers said.


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Posted by on Wednesday, July 30, 2014 - 19:46 pm.
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RBI to sell 91-day treasury bills at 8.60 per cent

Posted on Wednesday, July 30, 2014 - 13:51 pm

RBI to set a cut-off yield of 8.60 per cent at its 91-day treasury bill auction on Wednesday as per median forecast in a poll of 12 traders. Expected cut-off compared with cut-off yield of 8.6038 per cent last week. The highest yield polled was 8.68 per cent, lowest was 8.55 per cent.

The RBI is expected to set a cut-off of 8.65 per cent on the 182-day treasury bills versus previous 8.6395 per cent, the poll showed. * For 182-day treasury bills, the highest yield polled was 8.72 per cent, while the lowest was 8.56 per cent.


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Posted by on Wednesday, July 30, 2014 - 13:51 pm.
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Sensex overshadows gold in strong market rally this year

Posted on Tuesday, July 29, 2014 - 17:00 pm

NEW DELHI: Indian equities have overshadowed gold’s glitter by giving handsome returns of almost 23 per cent to investors so far this year.

While the BSE’s 30-stock benchmark index Sensex has logged in 22.76 per cent growth for investors so far in 2014, gold prices have fallen by 5 per cent. Silver however, managed to generate a marginal return of 2.38 per cent.


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Posted by on Tuesday, July 29, 2014 - 17:00 pm.
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Slowdown likely for diamond processors

Posted on Tuesday, July 29, 2014 - 05:39 am

The second half of the calendar year (July-December) is likely to remain challenging for the diamond processing sector in India. The sector witnessed robust growth in the first half.


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Posted by on Tuesday, July 29, 2014 - 05:39 am.
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Devangshu Datta: Policy triggers and wild cards

Posted on Monday, July 28, 2014 - 07:01 am

One of the largest imbalances in the Indian economy arises from the over-crowding of labour into the least productive sector. Agriculture contributes just about 17 per cent of the gross domestic product but it employs, or partially employs, well over 50 per cent of workforce. Even prosperous rural families with several other income streams rely on agriculture for a significant component of their income. Rural and semi-urban consumption patterns are driven by agricultural performance.


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Posted by on Monday, July 28, 2014 - 07:01 am.
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Asia: Mostly up after record Wall St close

Posted on Sunday, July 27, 2014 - 02:05 am

HONG KONG: Asian markets mostly rose yesterday following another record close on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows.


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Posted by on Sunday, July 27, 2014 - 02:05 am.
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Asia: Mostly up after record Wall St close

Posted on Sunday, July 27, 2014 - 02:05 am

HONG KONG: Asian markets mostly rose yesterday following another record close on Wall Street, while the euro dug in against the dollar and yen after rebounding from multi-month lows.


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Posted by on Sunday, July 27, 2014 - 02:05 am.
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Hong Kong: Uptrend continues

Posted on Sunday, July 27, 2014 - 00:05 am

STOCKS rose 0.31 per cent yesterday, a fourth-straight advance, following a record close on Wall Street and with confidence boosted by a strong reading on Chinese manufacturing activity.


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Posted by on Sunday, July 27, 2014 - 00:05 am.
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Weakness likely to continue in Rubber: Geojit Comtrade

Posted on Saturday, July 26, 2014 - 01:52 am

Geojit Comtrade’s report on Rubber

Indonesia’s natural rubber production is seen at 3.2 million tonnes in 2014 compared to 3.1 million tonnes produced last year according to the country’s Agricultural Ministry.


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Posted by on Saturday, July 26, 2014 - 01:52 am.
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