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Popular Articles

Natco Pharma FY09 net rises 8.5% at Rs 44 cr
Hyderabad-based drug maker Natco Pharma reported an 8.5 per cent rise in its consolidated net profit at Rs 43.98 crore for the year ended March 2009, compared with Rs 40.52 crore posted in the previous year.

GUVNL aims to buy 1050 Mw from GSPC
Gujarat Urja Vikas Nigam Limited (GUVNL) is aiming to enter into a long-term power purchase agreement (PPA) with Gujarat State Petroleum Corporation (GSPC) for its upcoming power units.

News of the day

IPL team owners may hold back franchise payment
The eight team owners of the Indian Premier League (IPL) are all set to lock horns with the Board of Control for Cricket in India (BCCI) by refusing to pay their next instalment of the franchisee fee which is due in January 2009.
International Business

IPOs in 4 group firms possible: ICICI

ICICI Bank on Friday said it could make initial public offerings (IPO) in four subsidiaries or sell stake in its insurance ventures after the sectoral foreign direct investment (FDI) limit was raised. - New software enables IPO application via SMS - IPOs fail to enthuse retail investors - IPO grading system fails to produce desired results - Self-certified syndicate bankers to get fee for IPO applications - PSU sell-off planning to begin in August - India Inc"s fund raising dips 73% in H109 The bank would take a call once laws were amended to hike the FDI limit in the insurance sector from 26 per cent to 49 per cent, ICICI Bank CEO and Managing Director Chanda Kochhar said.


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