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Letters: Divided we fall I
Thanks to the Congress party blinking in the face of K Chandrasekhar Rao’s fast and declaring that it would support the creation of a Telangana state, an unprecedented crisis has been created. As many as 130 MLAs in the state assembly have already resigned, and it is possible there will be a similar move among the MPs. Thanks to the Telangana move, there are already protests from Rayalseema supporters.

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Stock markets want costs under check in 2010
A friendlier tax regime, more retail investor participation, low interest rates and inflation, and speedy government disinvestment programme -- these are but some of the things that Dalal Street wishes comes true in 2010 to keep rolling.

News of the day

It's raining orders for India Inc
The trickle has turned into a deluge. India Inc’s order book has more than doubled to an all-time high of Rs 73,320 crore in the second quarter of the current financial year, compared to the first quarter. On a year-on-year basis, the increase is 21 per cent.
Management

Ahluwalia Contracts bags four orders worth Rs 242 cr

Construction firm Ahluwalia Contracts India today said it has bagged four orders worth Rs 242 crore from various vendors for construction-related works. - Subhash Projects bags Rs 212 cr order - Roman Tarmat bags Rs 24.58 cr contract for Chennai Link Rd - Era Infra bags Rs 118 cr project from Aravali Power - Ahluwalia Contracts bags order worth Rs 219.23 cr - Ahluwalia Contracts secures Rs 353cr orders - Contractors shift from realty to govt projects The company has bagged a Rs 116.45-crore order for the construction of a metro train depot for the Bangalore metro rail project, Ahluwalia Contracts said in a filing to the Bombay Stock Exchange (BSE). The company has also received a Rs 65.67-crore project for a structural and civil works project, a Rs 25.91-crore order for HDIL Metropolis project and a Rs 34-crore order for miscellaneous works, the filing said. Shares of Ahluwalia Contracts settled at Rs 167.05 on the BSE, up 1.18 per cent from its previous close.


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