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Smart Portfolios shine in holiday week
The Smart Portfolios registered healthy gains last week in line with a pull back in the broader markets. The benchmark index, S&P CNX 500, was up 3.61 per cent in the holiday-shortened week. An investment of Rs 10 lakh at the start of the Smart Portfolios on September 1, 2009, is today valued at Rs 11.20 lakh, an appreciation of almost 12 per cent. This week, barring Praveen Panjwani, other three fund managers were able to match the benchmark’s return. generic levitra

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Maruti Suzuki: Margin surprise
Lower raw material costs helped Maruti post better-than-expected margins, which analysts believe is unlikely to be sustained.

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Petronet LNG eyes 53% growth in top line
LNG importer Petronet LNG is eyeing 53 per cent growth in the top line at Rs 13,000 crore during the current fiscal, Petronet LNG Managing Director P Dasgupta said today.
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Coca-Cola announces launch of 'Burn' in India

Beverages maker Coca-Cola today announced its foray into the energy drink segment in India with the launch of "Burn". - MCX launches spot-futures integration contracts - ISRO to launch 8 foreign satellites; also eyes acquisitions - Drug launch boosts Ranbaxy - Domestic launch of electric Indica likely by early "11 - SBI Card launches mShop - Mid-mkt British hotel chain Premier Inn enters India "With the launch of Burn, the company is set to further extend its portfolio in the energy drink segment," Coca-Cola said in a statement. Priced at Rs 75 for a 250ml can, Burn is one of the most successful energy drink from the company"s global portfolio. The launch of Burn, it said, would be followed by a large scale below the line marketing activity. As part of the phased roll-out, Burn will be initially available in select premium outlets in three major cities Mumbai, Delhi and Bangalore, the company said. "Burn is targeted at the trendsetting, socially active and adventurous young adults who require energy to experience life to the fullest," it added. This energy drink has a strong presence in Russia, Ukraine, France, Italy, Great Britain, Austria, Poland, US, Australia and South Africa. Coca-Cola India, which mostly sells carbonated drinks in the country has various brands like Thumbs up, Sprite, Limca, Fanta, Coca-Cola, Kinley, Georgia Tea & Coffee, Maaza and Minute Maid in its portfolio.


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