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TRF bags Rs 611 crore order
NTPC has selected TRF Ltd, a Tata group company, for setting up coal handling plants for its super thermal power plants at Barh, Bihar and Mauda, Maharashtra. The combined value of the two orders is Rs 611.62 crore. The company has been given the order for setting up coal handling plants on turnkey basis for the 2X660 MW power plant at Barh and 2X500 MW power plant at Mauda. The coal handling plants will be designed to run at a capacity of 2420 and 1760 tonnes per hour, respectively.

UK, France against 'double standards' in fight against terror
Britain and France today joined India in making it clear that there should be no "double standards" in the fight against terrorism, a view that can be seen in the context of Pakistan.

News of the day

Turning over a new leaf
Private equity: The private equity industry was challenged in 2009. Deal flow remained slow, portfolio companies struggled and investors in buyout funds scrambled to meet their cash commitments. Rebounding bond and equity markets helped some firms in the second half. But the rally was too late for others. As the industry enters a new decade, expect the divide between the sheep and goats of the buyout world to widen.
Online Business

Glenmark recovers partial losses

The stock recovered some of its losses to finally end at Rs 258, down over 2% from the previous close. Around 691,753 shares were traded on the BSE as compared to the two-week daily average traded volumes of 698,158 shares on the BSE. ____________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock today opened at Rs 263. It touched a high of Rs 267 but started slipping thereafter. It plunged 6% to a low of Rs 246 and is now at Rs 251 - down 5%. Around 111,054 shares have been traded on the BSE so far. Glenmark Pharmaceuticals recorded a net profit of Rs 53.45 crore for the first quarter, a sharp drop of 53 per cent as compared with Rs 115.37 crore during the corresponding period the previous year. The consolidated revenue, however, increased 18% to Rs 543.69 crore.


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