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Rs 524-crore FDI proposals cleared
The government has cleared nine proposals that will bring in foreign investment of Rs 524 crore, more than half of which would be contributed by Japan’s Mitsui and Company to set up warehousing and container freight stations in the country.

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RFQ forms for metro rail to be sold from July 24
Hyderabad Metro Rail Limited (HMRL), the special purpose vehicle set up to implement the metro rail project in the city, had postponed the sale of Request for Qualification (RFQ) applications for global bids to July 24, according to municipal administration and urban development principal secretary and Hyderabad metro rail project chairman CVSK Sarma.

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Dr Reddy's: New molecule hopes
While the results of the clinical trials on the company’s new molecule, Balaglitazone, are positive, a lot needs to be done.
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Sensex jumps over 17K, up 200pts

The Sensex after rebounding into positive zone has surged singificantly mainly on account of fresh buying in index heavyweights. The index has now re-gained the 17,000-mark, and is now up 224 points at 17,010. The Nifty is up 58 points at 5,047. Cox & Kings Q3 net jumps 88% to Rs 19 cr UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit All the sectoral indices are trading flat now. Bharti Airtel and Reliance Infrastructure have slipped 3% each to Rs 284 and Rs 1,073, respectively. Wipro and ICICI Bank have declined 2% each to Rs 631 and Rs 868, respectively. Mahindra & Mahindra, Tata Steel, SBI and Sterlite have declined 1% each. ACC has advanced around 3% each to Rs 752. HDFC and Hindalco has added 1.5% each at Rs 2,793 and Rs 131, respectively. The market breadth is negative, out of 2,653 shares traded, 1,499 have declined and 1,063 have advanced so far on the BSE.


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