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Govt to compensate states' losses on account of GST
The government has decided to compensate states for any revenue loss on account of the implementation of the Goods and Services Tax (GST), a move that will encourage states to go in for the new tax structure scheduled to be implemented from April 1, next year. generic levitra

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M&M to focus on rural markets to boost sales
Utility vehicle maker Mahindra & Mahindra (M&M) Ltd is planning to drive on rural markets to push its latest pick up Mahindra Bolero Maxi Truck.

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Dr Reddy's up on plans to launch new drug
The stock has ended at Rs 1,220, up 1% from its previous close. The counter witnessed trades of 108,641 shares as compared to the two-week daily average traded volumes of 59,413 shares on the BSE.
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NIIT Tech's Q4 net down 15 per cent

Foreign exchange losses of Rs 22 crore in the quarter ate into the profits of Delhi-based NIIT Technologies, which posted a profit after tax (PAT) of Rs 26.3 crore for the fourth quarter ended 31 March, 2009, down 15 per cent from Rs 31 crore in the corresponding quarter last year. Sensex ends up 35pts Sequentially, PAT jumped 56.5 per cent from Rs 16.8 crore in the trailing quarter while revenue declined 8.6 per cent from Rs 248.5 crore. “Verticals like insurance, travel and retail, that contributed 81 per cent to revenues last year, have now contributed 84 per cent.,” said Arvind Thakur, CEO, NIIT Technologies.


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