Friday, 11 January 2013

The Economic Times Daily Newsletter

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Dated:January 11,2013
Top Headlines

Infosys Q3 results: Is turnaround on the way for the IT major?

The investment is separate from Mahindra's planned spending of Rs 50 bn on its own products over 3-yr ending in 2014.


Modi: This century is India's; Gujarat to create 3 mn jobs

LIC held 4.92 per cent stake in Infosys at the beginning of the current fiscal on April 1, 2012, which has now risen to 7.24 per cent.


Nov IIP at -0.1% versus 8.2% in Oct

Pitching for higher rates of taxes for super rich, Rangarajan said that forthcoming budget could look at imposing surcharge on income above a threshold.


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Mukherjee, for those not familiar with global steel industry folklore, helped Lakshmi Niwas Mittal's rapid rise to become the world's largest steelmaker.
The "peace-at-any-price diplomacy" was started by Vajpayee in an abrupt policy U-turn in 2003, and has been pursued with greater vigor by Manmohan Singh.
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Market Round-up
SENSEX 19663.64 0.09
NIFTY 5951.30 -17.35
NASDAQ 3105.81 14.00
DJIA 13390.51 61.66
RS/$ 54.64 -0.11
NSE Gainers
Scrip Price(Rs.) %Change
Shree Rama Multi-Tech Ltd
6.20 + 19.23
Infosys Ltd.
2,712.10 + 16.79
Surana Industries Ltd.
175.40 + 13.31
Ansal Housing & Construct
61.10 + 11.60
Decolight Ceramics Ltd.
11.10 + 9.90
NSE Losers
Scrip Price(Rs.) %Change
Parekh Aluminex Ltd.
182.70 -9.98
Arshiya International Ltd
70.15 -9.95
Zenith Infotech Ltd.
20.55 -9.27
Spectacle Infotek Ltd.
2.60 -8.77
Autolite (India) Ltd.
18.15 -8.56

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