Investors with short-term trading perspective can buy the stock of Kolte-Patil Developers. The stock is in an intermediate-term uptrend since last March. Following a short-lived correction last June, the stock has been moving sideways with an
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The near-term outlook remains negative for Infosys as long as it trades below Rs 2,635. We recommend a sell in this stock with stop at Rs
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The country’s exports continued to be on a growth streak for the fourth month in a row, to touch $16.09 billion in February 2010, registering a 34.7 per cent increase over $ 11.94 billion recorded in same month last year. This has prompted the
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Bharti Airtel has awarded a $1.3-billion contract to Swedish telecom equipment major Ericsson for expanding and upgrading its mobile network in 15 circles. Last month, Bharti had given a $700-million contract to Nokia Siemens for expanding
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Overseas Indians are setting great store by the safety and returns offered by Indian banks on NRI deposits. Proof: In the first nine months of FY2010, they parked $1.34 billion more in these deposits over the corresponding period last
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The Foreign Direct Investment (FDI) equity inflow into India in February rose 15.4 per cent year-on-year to $1.72 billion, overcoming the decline recorded in
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When the Leela Group opened its uber luxury hotel, the Leela Palace, in Udaipur last year “during a period of economic downturn, we had to devise the right strategy for a luxury hotel during difficult times. The Nair family and some of us
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Petrol in Delhi, Mumbai and 11 other cities will cost 50 paise a litre more from midnight of Wednesday/Thursday. Diesel will cost 26 paise a litre more. Thus, petrol in Delhi will cost Rs 47.93 a litre and diesel Rs 38.10 a litre from Thursday.
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