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Tata Steel: Is the worst over?
Tata Steel’s numbers came in well below market expectations. Like most metal-producing companies, Tata Steel, too, was hit by falling demand in Europe, lower realisations and raging costs. Despite this, analysts were not expecting the company to post a loss of Rs 603 crore, compared to a net profit of Rs 360 crore in the second quarter. The company clocked lower profits in India and wrote down

Uninor wants Rs 1,658 cr as base price for 2G auction

Telecom operator Uninor has asked the Telecom Regulatory Authority of India (Trai) to fix Rs 1,658 crore as the base price for reauction of 2G spectrum and to restrict to players whose licences

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All in a day's work

All roads led to Pragati Maidan in New Delhi that morning. Ratan Tata was all set to unveil the Nano, his dream project. Thousands thronged the Tata Motors pavilion. The world held its breath as

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Sensex falls 82 points on low industry production

The Sensex closed down 0.46 per cent on Friday, reversing early gains, after data showed the country’s industrial output in December slowed sharply and Morgan Stanley cut its allocation for

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Sumo Gold keys up Tata

Tata Motors is upbeat over the launch of new Tata Sumo Gold. The Mumbai-based multinational auto major further expects that the new model would boost sales — and is expecting to sell 18,000

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Chess (#990)

The Soviets believed in planning. Talent was identified early and put through rigorous training. The talented were given “jobs” as journalists or trainers, or on the sports quota of

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