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Oil India net profit up 23%
Oil India Ltd (OIL), the country’s second-largest state-owned explorer, has posted a 23 per cent increase in net profit for the quarter ended December 2009 on the back of higher price realisation due to a reduced subsidy outgo.

Don't be bold on gold
- Getting rid of government controls - For the risk-takers - High on expectations - Commodity to the rescue - Policy to guide infra growth - Betting on bonds

News of the day

Six in top-10 club add Rs 28,000 cr in market cap
As many as six among the top 10 firms added over Rs 28,415 crore to their market capitalisation in the past week, while companies like NTPC, NMDC and IT bellwether Infosys Technologies saw their valuations dipping.
Small Business

Pulling all stops

The government is taking no chances with its proposed divestment. The disinvestment department has hired a public relations firm to put out news of NTPC’s follow-on public issue. Clearly, the department feels NTPC’s own communications wing is not up to the job.


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