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Popular Articles

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.

India to get 145 US-built Howitzers
Seeking to deepen its bilateral defence and strategic ties with India, the US plans to sell to the country 145 state-of-the-art 155mm towed Howitzers worth $647 million.

News of the day

'Interest rates won't rise for two quarters'
There won’t be any earnings upgrades for India Inc till it starts investing; and firms aren’t going to invest until they see firm signs of a global recovery, perhaps when fourth quarter US numbers are out. This, in a nutshell, is the view of JPMorgan’s head of economic research. Prior to this, Jahangir Aziz has done a stint as principal economic advisor in the ministry of finance — he’s also headed the China desk at the IMF. Excerpts from a conversation with Shobhana Subramanian:
Business Opportunities

Ranbaxy pares early gains, ends flat

The stock ended flat at Rs 410 and clocked volumes of 201,186 shares at the counter on the BSE. __________________________________ (Updated at 1128hrs) Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 411 and soared to a high of Rs 419, up around 2% from the previous close. The stock is now marginally at Rs 414. The counter has clocked volumes of 65,997 shares as compared to the two-week daily average traded volumes of 414,369 shares on the BSE. Click here to read more: Ranbaxy gains WHO pre-qualification for Indinavir - 400mg ARV capsules


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