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Bihar CM condemns IIT move; CABE taken aback
The Central Advisory Board of Education (CABE) whichapproved several reforms suggested by the HRD ministry only a month earlier, was not consulted on the latest proposal by the latter to raise the qualifying marks in the Class XII Board exams to 80 per cent to appear for IIT entrance examinations. generic levitra

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2010: A gamble in equities
Valuations can look stretched if the momentum in recovery doesn’t pick up as expected.

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Tata Steel MD terms new year challenging
Tata Steel Managing Director H M Nerurkar today said the new year would be equally challenging as last year as the global recession is still continuing.
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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. - Era Infra Q3 profit surges 85% to Rs 57 cr - Godrej Industries Q3 net up eight times at Rs 44 cr - Hero Honda Q3 net soars 78% on strong sales - SBI Q3 net down 8.4% to Rs 3,305 cr - Lloyds Steel Q3 turns profitable - Jet back in black with Rs 106 cr profit in Q3 The company had a net profit of Rs 33.54 crore during the same quarter last fiscal, Pantaloon Retail (India) said in a statement. It also reported an increase of 25.38 per cent in its net sales for the quarter ended December 31, 2009, at Rs 1,912.84 crore against Rs 1,525.68 crore during the year-ago period. During the quarter, paid up equity share capital (including Class B Shares) increased from Rs 38,06,41,346 to Rs 41,22,85,746 on account of allotment of 1,58,22,200 equity shares of face value of Rs 2 each at a premium of Rs 314 per share to Qualified Institutional Investors, the statement added.


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