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Saturday, November 24, 2007
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Glitnir Bank signs MoU with Bhilwara Group
To set up geothermal power plants in India, Nepal

BSNL’s GSM network expansion hits roadblock
Nokia Siemens Networks opts out of the contract

SEBI chief warns of volatility in Asian markets
Asks analysts to have fair assessment of stocks

Need for farmers’ entry in commodities futures


22 FDI proposals worth Rs. 512 crore cleared
IFC to pick up 18 p.c. stake in stocks and commodities brokerage firm

EID Parry to buy back shares
CHENNAI: EID Parry India, the flagship company of the Murugappa Group, is planning to buy back 25 per cent of its paid-up shares of the face value of Rs.2 each. The company will seek the shareholders’ approval for the share ...

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Barometer


Briefly
Inflation cools to 3.01 p.c.
NEW DELHI: Easing prices of vegetables and pulses helped push down the inflation rate based on the Wholesale Price Index to 3.01 per cent from 3.11 per cent in the previous week. ...

Forex reserves up $967 million
MUMBAI: India’s foreign exchange reserves rose by $967 million to $271.148 billion on November 16, the Reserve Bank of India said in its weekly statistical supplement on Friday. ...

Lafarge to continue mining activities
NEW DELHI: The Supreme Court on Friday allowed French firm Lafarge to continue mining operations in Meghalaya for extracting limestone to be used for making cement at its manufacturing plant in Bangladesh. ...

Hindujas plan huge investments
LONDON: The Hinduja Group, led by NRI business man S.P. Hinduja, is planning to spend between 500 million pounds and 2.5 billion pounds to buy interests across sectors in the U.K. and Europe, The Daily Telegraph said. ...

White paper on disinvestment
NEW DELHI: The Centre has garnered over Rs. 51,608 crore through disinvestment of its equity in Central public sector enterprises (CPSEs) and strategic sale of state-owned companies since the sell-off policy inception in 1991. The ...

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