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L&T bags Rs 6,897-cr order from Mahagenco
Engineering and construction company Larsen & Toubro today said it has bagged an order worth Rs 6,897 crore from Maharashtra State Power Generation (Mahagenco) for manufacturing turbine generator units.

IIFCL to raise Rs 5,000 cr from taxable bonds in FY10
State-owned infrastructure finance company India Infrastructure Finance Company (IIFCL) today said it is planning to raise up to Rs 5,000 crore to fund various projects.

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Govt may relax rules for appointing bank chiefs
Candidate may not need two-year residual service.
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Asian markets end mixed

Asian markets ended mixed today. The Hang Seng added 122 points to 20,244. The Nikkei was up seven points at 10,205. - Asian markets end weak - Asian markets end firm - Asian markets end with moderate losses - Inflation fight fears - Asian markets trade weak - Asian markets end in the red The Seoul Composite advanced four points to 1,606. On the other hand, The Shanghai Composite and the Taiwan Weighted dropped 1.5% each to 2,941 and 7,525, respectively. The Straits Times dropped seven points to 2,738. _______________________________________________ (Updated at 1034 hrs) The Asian markets have recovered partially. The Hang Seng is down 0.5% at 110 and the Nikkei is flat at 23 points at 10,175, respectively. The Shanghai Composite Index has declined 57 points or 2% to 2,932, respectively. The Taiwan Weighted Index has slipped 1% to 7,542. The Straits Times is down 0.3% at 2,737 while the Seoul Composite is marginally up at 1,603 _____________________________________________ (Updated at 0810hrs) The Asian markets have opened on a negative note. The Hang Seng has dropped 198 points or 1% to 19,924 and the Nikkei is down 40 points at 10,159, respectively. The Shanghai Composite Index has slipped 49 points or 2% to 2,940. The Straits Times and the Seoul Composite are down 0.5% each at 2,727 and 1,593, respectively. The Taiwan Weighted Index has declined 95 points or 1% to 7,645, respectively.


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