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DBS Bank sets India base lending rate at 7 pct

DBS Q4 profit up 8 pct, posts record annual profit
DBS Group Holdings may face a stiffer challenge in 2012 as Asian economies slow, following a strong end to 2011 when it posted an unexpected 8 percent rise in quarterly earnings to achieve its best-ever annual profit. DBS, Southeast Asia's biggest lender, has been capturing market share from rivals, in particular European banks that have stepped back from Asia due to the eurozone debt crisis. In the

Tata Steel shares fall 4 pct after quarterly loss

Shares in Tata Steel fell 4 percent to 434 rupees in pre-open trade on Friday after the world's No.7 steelmaker reported its first quarterly net loss in more than two years.Upgraded Mahindra Xylo out

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Tata Steel posts Rs 687 cr loss in Q3

Tata Steel posted a net loss of Rs 687 crore on a consolidated basis for the third quarter ended December 31, as against a profit of Rs 949 crore in the same period last year. The last time company

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GNFC Q3 net down marginally
Even as the fertilizers and chemicals major Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) schedules to mechanically complete a 50,000 MTPA Toluene Di-Isocyanate (TDI) project at Dahej, the

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Apollo Tyres net dips

Apollo Tyres' third qua-rter net stood at Rs 98 cr, as against Rs 120 cr in the same quarter last year. However, the net sales increased by Rs 859 cr. In Images: Mahindra XUV 500 receives over 25000

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Vodafone India Q3 service revenue up 6.3%

British telecom company Vodafone Plc’s service revenue from India grew 6.3 per cent to £1,024 million (Rs 7,987 crore) in the third quarter, compared to £963 million (Rs 7,511

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