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Popular Articles

Defiant N Korea conducts second nuclear test
Unmindful of international pressure, a defiant North Korea today conducted a second "successful" and "more powerful" nuclear test, a move that could invite fresh sanctions and punitive action against it.

Sebi holds hearing on IPO scam
The Securities and Exchange Board of India (Sebi) had a hearing today on the controversial issue of the role of the National Securities Depository Ltd (NSDL) in the IPO scam of 2005.

News of the day

Cos continue to send employees abroad amid cost cuts: KPMG
Companies across the world have continued to send employees overseas to take advantage of business opportunities, despite a reduced budget for international assignment programs during the economic downturn, a KPMG survey said.
Small Business

Dadri setback drags Reliance Power

Reliance Power ended with a loss of 3.3% at Rs 145 on the BSE. A total of 1.55 million shares were traded on the BSE. Jan cement sales in high double-digit _______________________________________________________________________ (Updated at 1056 am) Reliance Power has shed weight after the Allahabad High Court quashed Anil Ambani"s Dadri land acquisition. The stock is trading at Rs 146, lower by Rs 4 or 2.7%, on the BSE. It had opened at Rs 145, and has touched a high of Rs 148 and a low of Rs 143 thus far. Reliance Power was planning to set up the largest gas-fired power project in a single location in the world at Dadri in Uttar Pradesh. The Allahabad High Court quashed the Uttar Pradesh government"s earlier notification allowing the use of emergency powers to buy land for the Dadri power project, side-stepping a provision inviting objections from land owners.


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