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FDs fall out of favour with banks
If you think your money in savings bank account will be automatically converted into fixed deposits (FDs), think again. It may just happen that while you are thinking the idle cash may earn 6-6.5 per cent a year, the prevailing fixed-deposit rate for one-year funds, it may actually continue to fetch only 3.5 per cent. generic levitra

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Supply woes
Significant new capacities in the coming months could depress cement prices leading to a drop in profitability

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New trading hours: No big impact on day one
Equity derivatives volumes on NSE fall, but traders say it’s too early to see a trend.
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Tanishq launches festive offer

Tata group"s Tanishq retail chain of stores, launched a special festive contest for its customers in Gujarat today. The offer gives customers the opportunity to win diamond jewellery along with assured gifts on purchase worth Rs 15,000 or more from Tanishq. - NEWSALERT: Voltas director Kulkarni retires - Tata Capital to raise Rs 2,100 cr by end of next fiscal - Advance tax collections shore up in Q2 - Tata Chemicals to expand edible salt production capacity - 'We do not want to compete in terms of numbers' - "We do not want to compete in terms of numbers" Tanishq currently has 117 exclusive boutiques in 78 cities. Talking about its Gujarat plans for the year, Parvesh Debuka, regional business executive, said, "We are planning to open two stores in Gandhidham and Anand by March 2010. Besides renovations, we are planning to enter smaller towns once the markets open up. We have set a growth rate of 30 per cent for Gujarat, which is in line with the current growth rate.”


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