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Alok rises on Dawn Mills deal
Alok Industries closed at Rs 22, higher by Rs 1 or 5%, on the BSE.

Commexes sales can grow to Rs 80 lakh-cr in '10: FMC
The commodity market regulator Forward Markets Commission (FMC) today said bourses can achieve the turnover target of Rs 80 lakh crore if resumption of forward trading in rice, urad, tur and sugar and launch of options and indices are allowed.

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Oil India IPO price fixed at Rs 1,050/share
The government today fixed the issue price of the initial public offer (IPO) of state-run explorer Oil India at Rs 1,050 per share, raising a cumulative Rs 4,982 crore.
Small Business

Isro eyes mission to Mars in 6 years

After the challenging mission to moon, Indian Space Research Organisation (Isro) said on Wednesday it has begun preparations for sending a spacecraft to Mars within the next six years. - ISRO eyes mission to Mars; Govt sanctions Rs 10 cr - ISRO unveils beta version of 3D mapping tool "Bhuvan" - India to launch ocean satellite in second half of next month - Here comes the moon - Stars foretell medical marvels - Chandrayaan-I develops malfunction, its life may be reduced The government has sanctioned seed money of Rs 10 crore to carry out various studies on experiments to be conducted, route of the mission and other related details necessary to scale the new frontier, said Isro Chairman G Madhavan Nair. “Already mission studies have been completed. Now we are trying to collect scientific proposals and scientific objectives,” he told reporters on the sidelines of a day-long workshop of the Astronautical Society of India. He said the space agency was looking at launch opportunities between 2013 and 2015. Chandrayaan-I, the country’s maiden unmanned moon mission, appears to have fired the imagination of young scientists and Isro plans to tap this talent for its mission to Mars.


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