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| Investors log out of IT stocks as rupee hits 15-month high Posted: 07 Jan 2010 10:31 AM PST Shares of seven software firms declined 0.26% to 2.11% at 09:42 IST on BSE after the rupee today, 7 January 2010, surged to its highest level in more than 15 months against the US dollar. A stronger rupee negatively impacts operating profit margin of IT firms as the sector earns a lion’s... Read More...  |
| Rama Newsprint & Papers Approves Rights Issue Posted: 07 Jan 2010 03:36 AM PST Rama Newsprint & Papers’s board in its meeting held on Jan. 07, 2010, has decided to issue further equity shares of up to Rs 500 million including share premium to be decided on rights basis to the eligible shareholders of the company as on a record date to be fixed therefore. The board... Read More...  |
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