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| RBI keeps key rates unchanged, revises GDP target to 7% |
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| The Reserve Bank of India has left all key rates unchanged, the repo, the reverse repo and the CRR are held at current levels. The bank rate too is left static. The GDP target is revised downwards to 7% with a downward bias, this versus a previous... |
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| See deeper mkt lows by Feb, March: Shankar Sharma |
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| Shankar Sharma of First Global feels the markets may hit new lows by February or March. He said the new low may be deeper than the previous one. "I expect the Sensex to retest 7,200. We see strong support at 6,000. But a sharp bear market rally... |
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| Hiked Satyam stake as investment cost was at risk: L&T |
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| AM Naik, CMD, L&T, said the company has hiked stake in Satyam as the initial cost of investment in the company was at risk. "We needed reasonable value in the company without a management role in the entity... |
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| USL in talks with Diageo for stake sale: Vijay Mallya |
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| Vijay Mallya of United Spirits confirmed news on the Diageo stake sale deal and said the company was in very advanced stages of negotiation with Diageo. He added that he would be meeting the Diageo management on Wednesday in US... |
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