Facebook valued at $94 billion in auction of shares on private market
According to the paper, Facebook one billion dollars in profit on 3.7 billion dollars in revenue last year.
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Octroi rap may turn IndianOil’s Mathura refinery unviable
Analysts said it will be difficult for IndianOil to recover the liability by increasing product cost because of political ramifications.
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Stronger hands are pulling the strings
The feeling of pain is getting deeper with each passing day as markets move higher.
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Currency market to exert pressure on prices
Last week, market-wide turnover on the MCX rose 25% and open interest 2% as traders participated in the weekly volatility.
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Container shipping rates head northwards
The hikes, which industry experts said were long due, are being effected by both local and global container shippers.
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Dr Reddy’s ready to carpet-bomb US
Pharmaceuticals major Dr Reddy’s is chalking out plans to take a bigger bite of the US market.
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Sun-Mercury pair will smother Saturn, lift market
The late week Venus entry into Pisces coincided with a rise in prices last Friday.
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Tide's turning, don't let go of long bias
The week witnessed a bullish undertone as the rally extended for the fifth week in a row.
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Rupee rise to continue on global risk appetite
Financial markets extended their rally last week on sustained risk appetite.
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Liquidity begets liquidity, India tops heap
Things haven’t changed fundamentally in India or abroad. And rising commodity prices can make it difficult for the RBI to cut rates
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Liquid funds are fully marked to market, actually
SEBI's new mark-to-market norms for liquid funds means investors with a very short investment horizon will see returns gyrate.
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Sensex up 218 points in early trade on firm Asian cues
Sensex gained 218 points in early trade today on sustained buying by funds and retailers amid a firming trend in Asian markets.
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Maruti now says Alto will stay, take the Zen route
When it comes to the Alto, Maruti Suzuki seems to be following Zen and The Art Of Brand Maintenance.
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'NMDC will be the world's largest iron ore producer'
The major sees iron ore contributing significantly to its profitability going forward,
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Middle East eyes Gujarat’s realty market
Credai Gujarat president says the state offers 3-time more returns compared to Oman & Jordan.
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Piramal Health says will exit at Vodafone IPO
Piramal Healthcare chairman Ajay Pirama said that he will cash out when the telecom company goes public.
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Budget session schedule to be decided on Feb 7
Meeting of the Cabinet Committee on Parliamentary Affairs headed by Finance Minister Pranab Mukherjee is being held tomorrow to decide the schedule of the session which is generally a three-month affair.
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Income tax limit may be raised to Rs2 lakh
The possibility of lowering the tax rates, however, is remote in view of the fiscal constraints being faced by the government, sources said.
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SpiceJet reports Rs39 crore loss in Q3, rules out fare hike
'We are not looking at increasing our fares now, as the market dynamics does not allow us that', SpiceJet chief executive said.
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Concor halves capex plan
Domestic volumes drop 17% in third quarter; Exim biz grows 7.3%.
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