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Shipping: All hands on deck
The upswing in Baltic Dry Index numbers recently to a 14 month high closing at 4661 on 19 November 09, raised hopes that a revival for the shipping sector is afoot sending shipping stocks zooming. Freight and tanker rates dropped sharply in July - September 09 quarter, but gained strength in October 09 which has sustained through November 09 as well. They hit 10 year lows in the December 08. generic levitra

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Aarti drugs up on capex plans
Aarti Drugs closed at Rs 108, higher by Rs 2 or 2.8%, on the BSE.

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Alpari India eyes Rs 200 cr daily trading volumes
Alpari Forex (India) Private Limited, a Mumbai-headquartered online foreign exchange trading services provider, is targeting to achieve Rs 200 crore daily trading volume by the end of calendar 2009, of which about 40 per cent is expected to flow in from Andhra Pradesh, according to its chief executive Pramit Brahmbhatt.
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Sargent appointed as GE Capital Asia-Pacific head

General Electric"s financial services arm GE Capital has appointed Steve Sargent as the President and CEO for its Asia Pacific operations. - Search for Tejas engine nears its end - Fitness business catches on - GE Capital provides Rs 1300 cr loan to JLR - JLR secures 170 mn pound loan from GE Capital: report - GE to sell security unit to United Technologies - Siemens bags Rs 608-cr order Sargent, who will take over from John Flannery, will oversee operations of GE Capital in the region, which is based at Tokyo, a press release said. Currently he is serving as president and CEO of GE for Australia and New Zealand (ANZ) and president and CEO of GE Capital for Australia and New Zealand. Sargent will continue heading GE Capital ANZ until a replacement is named and will remain national executive for GE ANZ along with his new Asia Pacific role, the release said. He has also held a number of senior finance, sales and quality positions in GE Capital, including president and CEO of GE European Equipment Finance.


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