Oil products consumption up 0.4 pc in July
The month of July saw a 0.4 per cent increase in consumption of oil products in the country. According to a Union Petroleum Ministry data, fuel sales rose to 8.97 million tonne (mt) in July from 8.93 mt in the same month last year. Sale of ...
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Bangalore races to become No.1 wireless hotspot
The Karnataka Government expects to see wireless broadband connectivity in the whole of Bangalore in a year's time, affirmed Mr Anup K. Pujari, Principal Secretary to Government, IT and BT, speaking at a summit on Internationalisation of the Web ...
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Barclays scouts for more buys
The UK-based Barclays Bank is looking for "a number of small acquisitions" in India, Mr Jason Nisse, Public Relations Director, told Business Line. These acquisitions will support "our mainly organic expansion in India," he said in an ...
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Buying at lower levels props up Sensex; metals shine
The markets opened lower tracking the weak global markets, but thanks to bottom-fishing and buying at lower levels the indices recovered more than what they shed during the early trade. Sustained buying in both the large cap and other select ...
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Paper stocks up on price rise talk
Paper stocks have been active of late on market expectation of a rise in product prices. JK Paper on Wednesday informed a hike of Rs 1,000 a tonne on coated paper from September 1. Stocks such as Seshasayee Paper (11.3 per cent), JK Paper (9.8 ...
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Helios jumps on bonus hopes
The Helios and Matheson stock has been surging at the stock market with increased trading volumes. The stock has gained 16 per cent week-on-week basis and 36 per cent on a month-on-month basis. Trading volumes moved up to 2.35 lakh shares against ...
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