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SAIL erases gains, slips 1%
The stock erased all its gains and slipped into the negative to settle at Rs 210, down 1.5%. The counter clocked volumes of 1.82 million shares as compared to the two-week daily average traded volumes of 1.40 million shares. _________________________________________________

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Offshoots of economic revival translating into shopping spree
Buoyed by optimism, offshoots of economic revival and more stable job market vis-à-vis 2009, the people are loosening their purse strings and splurging on shopping sprees to mark the arrival of 2010.

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Committee to examine fee structure of IITs
A high level committee appointed by the IIT Council will revisit the fee structure as part of its mandate to assess how the revenue could be increased for the premier institutes.
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KSK Energy Q3 net loss at Rs 4.91 cr

KSK Energy Ventures today posted a consolidated net loss of Rs 4.91 crore for the third quarter ended December 31. - Tulip Telecom Q3 net up 38% to Rs 69 cr - NHPC turns around, posts Rs 581 cr profit - SCI Q3 net dips 53% to Rs 87 cr - GVK Power Q3 net zooms two fold to Rs 46 cr - Ackruti City Q3 net jumps four fold to Rs 77 cr - J-K Bank Q3 net rises 19% to Rs 139 cr The company had a consolidated net profit of Rs 3.62 crore in the same period corresponding fiscal, KSK Energy Ventures said in a filing to the Bombay Stock Exchange (BSE). Total income of the company stood at Rs 87.4 crore for the latest quarter while the same was Rs 64.6 crore during the same period last fiscal. On a standalone basis the company reported a net loss of Rs 16.3 crore for the third quarter ended December 31, while it had a net loss of Rs 8.2 crore in the same period previous financial year.


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