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Titagarh Wagons eyes Rs 120 crore exports in FY16
Mumbai; Wagon manufacturer Titagarh Wagons is looking to tap the African and MENA regions as it eyes nearly two fold increase in exports to about Rs 120 crore by FY16, a top company official said.
The company is also expecting to clock…
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Oil prices up in thin New Year trading
Singapore : Oil prices rose today in thin Asian trading during the first session of the New Year, as dealers welcomed a larger-than-expected drop in US crude stockpiles, analysts said.
West Texas Intermediate for February delivery, the US…
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India’s Mfg sector output reaches 2-year high in Dec: HSBC
New Delhi: India's manufacturing sector grew at its fastest pace in two years in December, ending 2014 on a high note on strong orders flows, including from abroad, an HSBC survey said today.
The headline HSBC India Purchasing Managers'…
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Sensex rallies over 325 pts, Nifty reclaims 8,350 level
Mumbai: The benchmark BSE Sensex rallied over 325 points and Nifty reclaimed the 8,350 level in morning trade on across the board buying, led by banking, oil, metal and auto stocks.
Positive economic data amid hopes of more reforms fueled…
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Bajaj Auto sales down 5.52% in December
New Delhi: Bajaj Auto today reported 5.52 per cent decline in motorcycle sales to 2,46,233 units in December 2014.
The company had sold 2,60,645 motorcycle units in the year-ago period, Bajaj Auto Ltd (BAL) said in a statement.
BAL said…
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Excise duty on petrol, diesel hiked; no change in retail price
New Delhi: The government today raised excise duty on petrol and diesel by Rs 2 per litre each but retail pump rates will not be increased.
The third excise duty hike since November will help raise additional Rs 6,000 crore during…
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Non-subsidised LPG rate cut by Rs. 43.50
Price of non-subsidised cooking gas (LPG) was on Thursday cut by Rs. 43.50 per cylinder as international oil rates slumped to their lowest since May 2009.
A 14.2-kg cylinder of non-subsidised LPG will now cost Rs. 708.50, down from Rs.…
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Bankers, regulators to discuss ways to revitalise banking sector
Pune: Over 100 senior bankers, insurers, financial sector regulators and finance ministry officials would attend the two-day meet here beginning tomorrow to deliberate on host of issues including merger and acquisitions and bad assets to…
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Maruti’s December sales jump 20.8 pc; shares up
New Delhi: Country's largest car-maker Maruti Suzuki India (MSI) today reported a 20.8 per cent increase in total sales in December at 1,09,791 units.
The car maker had reported sales of 90,924 units in the same month last year.
Following…
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Microsoft sues Indian company for technical support scam
New York : Some international fraudsters are exploiting the tech-savvy reputation of Indians to trick computer users into giving them access to their machines by pretending to be from Microsoft. Now the technology giant is fighting back…
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