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Market is due for correction, book profits now: Experts
Fri, 27 Jan 2012 16:16:02 +0530
 The market optimism continues to grow. The Nifty reclaimed the 5,200 mark with a 50-point rally. However, experts have started raising the red flags. They are expecting a correction now. They are advising investors to book profits and exercise caution ahead.
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ITC may hike stake upto 25% in EIH Hotel Leela: Deveshwar
Fri, 27 Jan 2012 13:15:13 +0530
 ITC chairman Yogesh Chander Deveshwar clears some air about the increase in stake. In an interview to CNBC-TV18, he said that both EIH and Hotel Leela are treasury operations and it can go up to 25% in both the hotel companies.
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Wall Street closes lower as US GDP falls short
Sat, 28 Jan 2012 06:02:02 +0530
 World stocks fell on Friday on news the US economy grew more slowly than expected in the last quarter of 2011, while the euro rose on hopes of an imminent deal on Greece's debt that could help avert a disorderly default. The Dow Jones closed down 74.17 points, or 0.58%, at 12,660.46.
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BHEL Q3 net up 2% at Rs 1433 cr
Fri, 27 Jan 2012 16:19:41 +0530
 State-owned Bharat Heavy Electricals (BHEL) has reported a net profit of Rs 1,433 crore in the quarter ended December FY12, a growth of 2.14% as compared to Rs 1,403 crore in a year ago period.
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SBI may return to overseas markets
Fri, 27 Jan 2012 16:52:01 +0530
 State Bank of India , the country's biggest lender, said it could revive international fundraising plans in 3-4 months, in a sign it believed the euro zone crisis might be easing.
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