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Kiri Dyes to raise Rs 150 cr via securities issue
Kiri Dyes and Chemicals today said it will raise up to Rs 150 crore through issue of securities in the domestic and international markets for expanding its business operations.

State asks OSDMA, pollution board to prevent oil spillage
The Orissa government today asked the Orissa Disaster Management Authority (OSDMA) to take steps to prevent any possible oil spillage by the sinking of the Mangolian ship, M V Black Rose, in the port limit of Paradip port.

News of the day

Eicher Motors Q3 net dips 4.12%
Commercial vehicle maker Eicher Motors reported 4.12 per cent fall in net profit to Rs 15.83 crore for the third quarter ended March 31, 2009, compared with Rs 16.51 crore in the year-ago period.
Management

DLF gains on metro rail fund raising plans

DLF rallied nearly 3% to Rs 373. The scrip touched an intra-day high of Rs 376. Around 3.9 million shares changed hands at the counter as against its two-week average traded quantity of 3.8 million shares. ______________________________________________________________ BSNL employees seek PM"s help; demand change in mngt Siemens to invest Rs 1600 cr in India DLF has recovered and is now up 2% to Rs 369,after touching a high of Rs 370, owing to the development that it will raise Rs 700 crore for a privately financed metro rail project. The stock touched a low of Rs 350 during noon trades, after opening at Rs 358. The counter saw trades of over 3 million shares as aginst its two-week average traded quantity of 3.8 million shares. DLF, the country’s largest realty developer will held a 26% stake in a yet to form partnership with infrastructure financing company IL&FS for the project, while the remaining 74% would be held by IL&FS.


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