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Popular Articles

BofA to repay bailout funds worth $45 bn
Bank of America has said it will repay $45 billion bailout funds to the US government.

Daiichi Sankyo net income drops 45% in Apr-Sept
Japanese drug maker Daiichi Sankyo, which holds 64 per cent stake in Ranbaxy Laboratories, today reported a 45 per cent drop in net income for April-September this year.

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IMFL prices may rise by 10-15% in FY11
The below-average monsoon this year and the subsequent shortfall in the production of sugarcane in India will see the prices of Indian Made Foreign Liquor (IMFL) increase by 10-15 per cent in the next financial year, say industry experts.
Business Ideas

Markets down in early trades

The Sensex opened weak this morning following subdued cues from its Asian peers. The Sensex opened at 16,827 and is now down 61 points at 16,798. - Nifty below 5,000 in opening trades - Tech view: Markets likely to open weak - Downside breakout could test 4,800 - Markets at a glance - Downside breakout could test 4,800 - BSE Capital Goods index slumps 7% this week The Nifty slipped below the 5,000 mark in opening trades. The index has now recovered and is down 21 points at 5,015. Asian markets are in red in morning trades. The Hang Seng has dropped 239 points (1%) to 20,486. The Nikkei has slipped 127 points (1.2%) to 10,463. HDFC Bank has dropped 2% to Rs 1,646 in morning trades. Infosys and Sterlite have dropped 1.8% each to Rs 2,525 and Rs 804, respectively. Wipro is down 1% at Rs 693. On the other hand, Maruti Suzuki has gained 2% at Rs 1,459. Mahindra & Mahindra has added 1.5% to Rs 1,149. Grasim and ITC are up 1% each.


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