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Markets snap four-day winning streak
The markets ended their four-day winning streak as global indices closed lower. The Sensex closed at 17,343, weaker by 57 points, and the Nifty closed flat at 5,169. The broader indices, however, outperformed the benchmark indices. The consumer durables pack was the leading sectoral gainer for the second day in a row while FMCG and metals showed weakness. generic levitra

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Pantaloon Retail Q3 net up 51% at Rs 51 cr
Kishore Biyani-promoted Pantaloon Retail today reported a jump of 51.07 per cent in its third quarter net profit at Rs 50.67 crore.

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Southwest monsoon withdraws entirely
It bid adieu over a week later than normal.
Public Relations

Godrej Industries signs MoU with group companies

Godrej Industries, leading chemicals manufacturer and exporter of chemicals products, has entered into a memorandum of understanding (MoU) with Godrej & Boyce Mfg Co and Godrej Properties for development of the property at Vikhroli. - Godrej Industries, group firms to develop real estate - Godrej Ind gets shareholders nod to invest in JV firm - Godrej Group appoints Vivek Gambhir as Chief Strategy Officer - Farm growth could be down 5%, says Godrej - Arun Maira resigns from Godrej Industries" board - Godrej Industries Q1 net at 16 cr The company board also approved the proposal of the aforementioned MoU. The binding MoU provides for setting up of suitable special purpose vehicle(s) to execute joint development of the property as also the commercial terms for such development including the sharing of costs and revenues/ profit. The MoU is subject to all the parties obtaining appropriate corporate and statutory permissions/consents to execute the definitive agreements inter-se and the company obtaining appropriate shareholders’ approval.


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