News Flash
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Coal India divestment likely by August
The government plans to divest its 10 per cent stake in the country's largest coal producer Coal India Ltd (CIL) by August this year.
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India steps up campaign to woo Chinese tourists
India has stepped up its 'Incredible India campaign' to woo Chinese tourists amid projection that over 54 million Chinese were expected to travel abroad this year to spend an estimated $6.86 billion.
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World Bank to give soft loan of $1.05 billion for education
The World Bank has decided to extend an additional soft loan of $1.05 billion (Rs 4,772 crore) to the Indian government to improve the quality of education under two major schemes on elementary and technical education.
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HC rejects plea for extension of time for 3G auction bids
The Delhi High Court dismissed a petition on Friday seeking extension of time for submitting bid for auction of 3G spectrum (radio frequency).
More News
- Success of Doha talks would give big push to Indian trade: Sharma
- GM to launch electric Spark by year-end
- Bharti, Vodafone, RCom, Tatas bid for 3G
- Oil stalls month-long rally; drifts below $82
- Sensex flat on mixed Asian cues
- US stocks gain on eighth straight day
- Mercedes-Benz launches GL-Class
- M&M developing next-generation of its SUV models
- Cipla scouts for global alliances
- Van Heusen aims to be a complete lifestyle brand
- Rupee depreciates against US dollar
- HDFC sees slower loan growth in 2010
- United Bank of India closes 1st day with 4% premium
- Rangarajan expresses concern over inflation
- RBI deputy hints at rate hike
- Shree Ganesh Jewellery prices IPO; set to hit market on Friday
Interviews
Tura fits Africa strategy: Adi Godrej
Adi Godrej
The acquisition of Tura would help the company to diversify its reach from India to South Africa.
- 'See significant growth within Asia and outside'
- 'Consumers can't be insulated from oil prices fluctuations'
- Dollar will have to fall
- Implementation of road projects will pick up
- 'Budget presents a strong macro picture'
- Bond rates to remain stable: Chanda Kochhar
Opinions
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Hardik Jain
Nifty may test 5250 in coming week. We feel that one should trade on Long Side till Nifty is above 5000.
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Mandar Jamsandekar
Market looks bullish this week
As of technicals, this week is expected to be bullish with a cautious view. Sensex has a hurdle at 17097 levels which comes up as an immediate resistance and for Nifty it stands at 5118 levels.
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Pawan Goenka
Auto sales may have some impact
Pawan Goenka, president of automotive sector of M&M, said an increase in excise duty combined with a fuel price hike might have some impact on auto sales but overall sales are likely to be buoyant.
