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Mount Everest soars on stake sale
The scrip zoomed to end at its 20% upper circuit at Rs 84. The counter clocked volumes of 18.67 lakh shares as compared to the two-week daily average traded volumes of 1.59 lakh shares on the BSE.

Radico Khaitan's Q1 sales up 23%
Indian made foreign liquor (IMFL) company Radico Khaitan, registered a consolidated net profit increase of 55.6 per cent for the quarter-ending June 30, to Rs 10.7 crore as compared with Rs 6.88 crore in the corresponding quarter a year earlier.

News of the day

BSNL's 93 mn GSM-lines tender in limbo
In a surprise move, state-run telecom firm Bharat Sanchar Nigam (BSNL) has cancelled the equipment purchase order given to Chinese company Huawei saying the conditions imposed by the vendor are not acceptable, leaving the fate of Rs 32,000-crore capacity addition programme in limbo.
Corporate

Symantec, Wipro sign pact to provide new services

Wipro today inked a new partnership with Symantec Corporation to provide data back up and loss prevention, in addition to recovery infrastructure consultancy services. - Premji Invest close to investing Rs 150 crore in Manipal"s education arm - Wipro looks to reduce its carbon footprints - "Wipro to review compensation factor" - Wipro to hire 5,000, revamp recruitment strategy - Crisis unlikely to impact Indian IT vendors - GE Healthcare launches low-cost portable ECG Announcing the pact here Symantec India Channels and Alliances Director Ajay Verma said: "Information is the most valuable asset of any organisation and ensuring it does not fall into wrong hands is critical to its reputation and business. The partnership will offer customers a better insight into data risk." Symantec"s loss prevention solution spans data at the endpoint, in storage and network. It will provide customers the confidence that their information is secure, he said. Wipro"s expertise along with Symantec Veritas Backup Reporter"s capability to identify and quantify exposures before they impact backup operations will help customers achieve greater efficiency, security and cost reduction, Wipro Infotech Vice-President and Business Head Infrastructure Technology Solutions Division Vikas Srivastava said.


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