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The Sensex is yet to climb the peak of 21,000 and yet several stocks are trading significantly higher than previous highs. Some, on the other hand, are still down miserably While the Sensex has still quite a bit to travel before it retakes its all-time high of 21,000, some stocks have already...

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SBI Mutual Fund, in which Societe Generale Asset Management has a 37% stake, has filed an offer document of its SBI WISE Fund with SEBI for approval. WISE Fund stands for Winning Investment Strategies in Equities Fund. This Fund is an open-ended diversified growth scheme. The scheme would invest...

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SBI Mutual Fund, in which Societe Generale Asset Management has a 37% stake, has filed an offer document of its SBI WISE Fund with SEBI for approval. WISE Fund stands for Winning Investment Strategies in Equities Fund. This Fund is an open-ended diversified growth scheme. The scheme would invest...

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At a time when every regulator and investor is beating the drum for greater transparency through disclosures and ministers are expressing concerns about obscene salaries, several companies are blatantly flouting disclosure requirements specified by the Companies Act, 1956. The Act, which...

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At a time when every regulator and investor is beating the drum for greater transparency through disclosures and ministers are expressing concerns about obscene salaries, several companies are blatantly flouting disclosure requirements specified by the Companies Act, 1956. The Act, which...

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The austerity move adopted by the babus got a new dimension when corporate affairs minister Salman Khurshid pointed out that even private sector companies should refrain from doling out obscene salaries. But Mr Khurshid should also pay attention to the quasi-government companies, especially...

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Mobile handset maker China Wireless Technologies has tied up with Reliance Communications Ltd (RCom) to launch its dual-SIM smart phone in India and aims to earn around Rs8 billion over the next five years.   After the International Mobile Equipment Identity (IMEI) number dispute and concerns...

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  Novozymes, the largest manufacturer of industrial enzymes, has finally discovered what we have been looking for. More than twenty companies have been working on this technology but till date they have failed because they could not break through how enzyme can treat lignin. Novozymes has...

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At last, financial advisors have to actually offer a service and you have to pay for it There is turmoil among financial advisors. Until now, most fund houses used to pay distributors from the entry load and other upfront loads charged to investors. Suddenly, this tap has been closed. Since a...

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Shri Lakshmi Cotsyn Limited (SLCL) is a diversified textile manufacturer with a product range from embroidery, quilting and fusible interlining; it also has defence and army products like camouflage fabric uniforms and bullet-proof jackets. It sells many of these products to institutional...

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Shri Lakshmi Cotsyn Limited (SLCL) is a diversified textile manufacturer with a product range from embroidery, quilting and fusible interlining; it also has defence and army products like camouflage fabric uniforms and bullet-proof jackets. It sells many of these products to institutional...

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  If things fall in place, Gammon Infrastructure Projects Ltd (GIPL) will soon have a new project and thus a new wholly-owned subsidiary too. GIPL has claimed to be the lowest bidder for National Highways Authority of India (NHAI) project connecting Patna to Muzaffarpur.   “We are...

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With the second instalment under the Sixth Pay Commission due to be released, several companies and banks are waiting with baited breath to take advantage of the potential demand The big pay day for Central government employees is around the corner and that, along with the ongoing festive...

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With the second instalment under the Sixth Pay Commission due to be released, several companies and banks are waiting with baited breath to take advantage of the potential demand The big pay day for Central government employees is around the corner and that, along with the ongoing festive...

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The honeymoon seems to be nearly over for the Indian consumers who were once spoilt for choice with cheaper housing loans offered by PSU banks like SBI for last couple of months. Now consumers may well have to gear up for higher interest rates after 7th November, said a top brass of a PSU...

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The honeymoon seems to be nearly over for the Indian consumers who were once spoilt for choice with cheaper housing loans offered by PSU banks like SBI for last couple of months. Now consumers may well have to gear up for higher interest rates after 7th November, said a top brass of a PSU...

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L&T’s claim that it will build mega-nuclear plants each year with 3,000MW-4,000MW capacity seems far from reality In some sections of the press, AM Naik, chairman, L&T, has been quoted as saying that the company is planning to build 3,000MW-4,000 MW nuclear plants every year. The projection...

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Given the turmoil and sudden strikes in the airlines industry, operators offering alternate services like flight pools are witnessing a surge in demand. Not to be left behind, even the Indian Railways tried its hand to woo passengers stranded during the Air India pilots’ strike.   The strike...

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The festive season brings with it all sorts of attractive offers for consumers. Banks, not ones to be left behind, have come out with their own offerings, much to the pleasure of the consumers. Almost all leading banks have slashed interest rates on home and auto loans, in a bid to capture the...

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Software licensing, infrastructure solutions and application development provider Softcell Technologies Ltd has said that it has signed an agreement with Seclore Technology Pvt Ltd to provide digital rights management to its customers.   Selcore Technologies, which was incubated and promoted...

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