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Maruti Suzuki inks pact with Gujarat for third facility
The country’s largest car maker, Maruti Suzuki India Limited (MSIL), on Saturday signed a state support agreement (SSA) with the Gujarat government for the purchase of land near Mehsana to set up its third manufacturing facility. The company plans to invest about Rs 4,000 crore in the initial phase for procuring 700 acres of land and setting up the new manufacturing facility. A similar amount

Bears to tighten grip below 4,825

The markets were relatively calm for most part of the trading week, even as they traded with a downward bias before eventually logging significant losses on Friday. The Sensex touched a high of

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Rupee slump costly for $5.5 bln in convertible bonds

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Weekly Wrap: Sensex loses 1.6% on economic concerns

Concerns about the economy following a marked decline in GDP growth in the fourth quarter of fiscal 2012, worries about the financial situtation in Europe amid rising concerns about the debt woes

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Weekly: Global cues, growth slowdown weigh on markets

The sharp contraction in India's GDP growth and the sell off in global equities sent shock waves here dragging the Sensex below the 16,000 mark for the week ended Jun 1, 2012. For the week, the

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Indian shares falter after weak Q4 GDP data
MUMBAI, May 31 (Reuters) - Indian shares fell on Thursday after economic growth data came well below expectations, though indexes cut its earlier bigger losses on the back of volatility that

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