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Stake raised by promoters in GMR Infra

Stake raised by promoters in GMR InfraA further 2.37 million shares has b

Auto Industry Nov. Sales Plunges By 18%: SIAM

Auto Industry Nov. Sales Plunges By 18%: SIAMThe lowest ever sales in history has been experienced by the Indian automobile industry with overall domestic sales shrinking by 17.98% in the month of November 2008 since there was a huge decline in the commercial and passenger vehicle sales.

For the month of November, the total vehicle sales in the domestic market stood at 711,281 units as against 867,243 units in the corresponding month a year ago, claims the Society of Indian Automobile Manufacturers (SIAM).

Buy Reliance Industries

Buy Reliance Industries  Karvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Industries Ltd (RIL) stock with an intraday target of Rs 1250.

According to Karvy, interested traders can purchase the stock between Rs 1185-1190 with a strict stop loss of Rs 1160. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 1258.
 

U.K. Internet Watchdog Revises Its Action Taken Against Wikipedia

U.K. Internet Watchdog Revises Its Action Taken Against WikipediaFollowing when country's Internet watchdog reversed its decision to prevent users in U.K. from visiting a Wikipedia page containing an image of a naked child, Wikipedia functionality has returned for Brits.

Single Entity Exposure In Debt Funds Is Cause Of Concern: Crisil

Single Entity Exposure In Debt Funds Is Cause Of Concern: CrisilA majority of the debt fund schemes have single industry exposure in India which is a cause for concern for multidimensional investments. Single company or segment exposure of funds can be affected by redemption pressures. It is said by the rating agency, Crisil in its recent release.  

PM To Discuss Cotton MSP Issue In Wednesday’s Meeting

PM To Discuss Cotton MSP Issue In Wednesday’s MeetingUnion Agriculture Minister Sharad Pawar would discuss cotton MSP issue in the next scheduled meeting of ministry with the Prime Minister. He said that it is the duty of the government to intervene if prices fall below the minimum support price (MSP) set by the government. He was speaking in the sidelines of an International Potato Conference, held in the capital.

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