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Bhupesh Bhandari / New Delhi November 17, 2009, 0:13 IST

Glenmark recovers partial losses
The stock recovered some of its losses to finally end at Rs 258, down over 2% from the previous close. Around 691,753 shares were traded on the BSE as compared to the two-week daily average traded volumes of 698,158 shares on the BSE.

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Healthy gains for Smart Portfolios
The markets rose steadily for the better part of the week on news of robust GDP numbers and allaying of fears on the Dubai repayment crisis. The S&P CNX 500 index rose over 4 per cent to 4,239, thereby taking the benchmark’s portfolio value higher to Rs 11.04 lakh as against Rs 10.60 lakh in the preceding week.
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JSPL to set up 1,600 Mw plant in Arunachal

Jindal Steel & Power (JSPL) today said its subsidiary, Jindal Power, would set up a 1,600 Mw hydro electric power project on the Subansiri river in Arunachal Pradesh. - State yet to form RPDAC for 13 industries - Akash Prakash: The coming bubble in power">Akash Prakash: The coming bubble in power - Land acquisition, rehab details to be computerised - JSPL in race for Mongolia's coal mine - JSPL, Gagan Sponge receive notices - Essar considers selling unit stakes "Jindal Power would be setting up Subansiri Middle 1,600 Mw hydro electric power project in Arunachal Pradesh and has entered into an agreement with the state government and Hydro Power Development Corporation of Arunachal Pradesh," JSPL informed the Bombay Stock Exchange. Meanwhile, Jindal Power has received Survey License from the Ministry of Energy, Nepal, for setting up 220 Mw Chainpur Seti hydro electricity project in the neighbouring country.


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