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Sensex plunges by over 500 points
Oil and gas, realty, metal sectors lead the fall

Price rise gets out of hand
‘Maintaining economic growth would be a serious challenge’

Hindalco to raise Rs. 5,000 cr. through rights issue
Funds will be utilised to part finance Novelis acquisition

Tata to hold Nano price at Rs. 1 lakh
KOLKATA: The Tatas’ small car is likely to roll out of the Singur plant as scheduled in October and vendors are also getting their projects readied, Tata Ryerson Managing Director Sandipan Chakravarty said. Mr. Chakravarty, whose company ...

Parsvnath to make debut into retail business
NEW DELHI: Leading realty company Parsvnath Developers on Friday said it is in talks with foreign companies to select a partner for its debut into the retail store concept. The company plans to open 10 retail stores in different formats this ...

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Barometer


Briefly
SNAPSHOTS
NTPC, Bharat Forge form joint venture
NEW DELHI: The National Thermal Power Corporation on Friday said it had formed a joint venture company with Bharat Forge to establish a manufacturing facility for castings, forgings, fittings, balance of plant equipment for power projects. The ...

Essar Shipping to invest Rs. 10,000 cr.
MUMBAI: Essar Shipping Ports and Logistics on Friday said it would invest Rs. 10,000 crore in the next three years as part of its brownfield capital expenditure plan and for acquiring ships. “The funding for the projects has ...

Scotiabank’s service for Indo-Canadians
TORONTO: Canada’s third largest bank Scotiabank in tie-up with Western Union, on Friday launched the quick pay service that allows Indo-Canadians to send funds to their home country on a real-time basis. It also plans to sign a deal ...

Sun, Taro Pharma spat reaches court
NEW DELHI: The on-going fight between Sun Pharma and Taro Pharmaceuticals has reached court with the Israeli firm filing two law suits against the Indian firm, weeks after their $454 million merger deal fell apart. ...

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