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Sensex regains 17K in early trades
The Sensex opened 44 points higher at 16,893 on the back of positive global cues. The index soon crossed the 17,000-mark, and is now up 154 points at 17,003.

T N Ninan: Good to great
T N Ninan / New Delhi December 5, 2009, 1:54 IST

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LIC, Central Bank to boost trade in interest futures
The interest rate futures (IRFs) trading in the country will get a boost in coming days, as Life Insurance Corporation (LIC) and Central Bank of India have agreed to provide support to the exchange-traded product. Both these will ensure adequate liquidity on the National Stock Exchange (NSE)— the bourse where IRFs are traded.
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SCI takes delivery of second crude container from S Korean firm

State-run Shipping Corporation of India (SCI) today said it accepted delivery of a crude container named "Desh Vishal" from Daewoo Shipbuilding Marine Engineering Co. - Emerging-market funds pulling out - E Somanathan: How to get decent colleges in India">E Somanathan: How to get decent colleges in India - Weaker Dollar may revive demand for gold as alternative investment - Better be wooden - Emerging-market stocks will advance 32 per cent - Crude oil falls below $70 on dollar gain The company had placed orders for two very large crude containers (VLCCs) in October 2005 with the South Korean company. "The vessel (Desh Vishal) is the second of SCI"s two VLCCs which were being constructed at Daewoo Shipbuilding Marine Engineering Co. The first vessel "Desh Viraat" was delivered to SCI in October 2008," the company said in a press release. The vessel has a gross tonnage of 1,62,412-tonnes and is the largest vessel in the Indian Register, it said. SCI has a fleet of 79 vessels and looks to acquiring more with a view to maintaining a modern and young fleet. The company has 30 vessels on order at present and plans to order 40 more ships in the next 2-3 years.


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