Tuesday July 8, 2008

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Sensex ends up 72pts; Reliance slips 3%  

Mumbai July 7:
The Sensex opened with a positive gap of 108 points at 13,562. Renewed buying interest in banking and infrastructure stocks led the index rally to a high of 13,793.
 
Tanti group, Bahrain firm in $2bn JV 

Mumbai July 7:
Tanti group, promoter of wind turbine maker Suzlon Energy, today announced a joint venture with Bahrain-based investor Arcapita Bank to invest $2 billion to develop 1,650 megawatt portfolio of wind farms in inner...
 
Farm commodity prices show mixed trend 

New Delhi July 7:
Retail prices of farm commodities at different locations have generally remained steady or shown mixed trend over the week ending June 27, 2008, the Department of Consumer Affairs said in a statement today.
 
Carborundum to pick up 51% stake in SA firm  

Mumbai July 7:
Abrasives maker Carborundum Universal will acquire 51 per cent stake South African mineral company Foskor Zirconia (Proprietary) which will help the company to boost its minerals portfolio.
 
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