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M J Antony: Punishing the farmer
M J Antony / New Delhi November 25, 2009, 0:06 IST

NEWSALERT: Sloane Robinson raises its stake in Indiabulls to 5.08%
Foreign fund house Sloane Robinson LLP has raised its stake to 5.08 per cent in Indiabulls Financial Services through an open market transaction for an undisclosed amount.

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Wrong CPI
Sitaram Yechury, the CPI(M) leader, had a tongue-in-cheek explanation for Finance Minister Pranab Mukherjee ripping into Brinda Karat during the discussion on inflation in Parliament. According to Yechury, “The FM was talking about the Wholesale Price Index (WPI) but we were telling him to talk about the Consumer Price Index (CPI) which showed a sharp rise in food prices. As we mentioned CPI, he thought we were talking about the political outfit CPI. That might have angered him.”
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Ackruti City QIP to open on Sept 3

Ackruti City will open the qualified institutional placement (QIP) issue to the qualified institutional buyers (QIBs) on September 3. This will be in respect of issue of equity shares of face value of Rs 10 each of the company. - Govt hands over Maytas Infra to IL&FS - "IPO market should be active in near term" - HDFC raises Rs 4.3k cr in warrants, NCDs - Jaiprakash Hydro to raise up to Rs 1,500 cr to fund project - Fin players hasten to raise funds - HCL Infosystems board fund raising plan In a filing to the Bombay Stock Exchange(BSE), the company said that the shares will be offered at Rs 500.60 per share. The shares of the company was trading at Rs 561.80 up 3.99 per cent from the previous close on BSE.


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