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IIFCL takeout financing scheme in a month
India Infrastructure Finance Co was likely to finalise the takeout financing scheme within a month and might implement it by the first week of March, Chairman and Managing Director SS Kohli said today.

India to test fly light combat helicopters by month-end
India will shortly test fly the indigenously designed and built Light Combat Helicopter (LCH), which will augment the IAF"s fleet of small and highly manoeuvrable rotary flying machines.

News of the day

Daiichi full-year losses narrow down to $2.2 bn
Japanese drug maker Daiichi Sankyo, which has a controlling stake in Indian pharma major Ranbaxy Laboratories, has narrowed its full-year losses at 215.59 billion yen (about $2.2 billion) on account of changes related to accounting guidelines in Japan.
Public Relations

FIIs net sellers Rs 900cr in F&O on Thursday

The Foreign Institutional Investors (FIIs) were net sellers of Rs 899.75 crore in futures and options segments on Thursday. - Positive returns on the cards, but no sharp surge - Expect moderate returns in 2010 - Markets at a glance - Bullish sentiment with rising volatility - Positive closing for 2009 - What analysts expect in 2010 According to the data released by the NSE, FIIs were sellers of index futures to the tune of Rs 271.7 crore and sold index options worth Rs 336.89 crore. They were net sellers of stock futures to the tune of Rs 290.6 crore and sold stock options worth Rs 0.55 crore.


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