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BCCI finds no Sahara for India
With no takers for the sponsorship of the Indian cricket team, the Board of Control for Cricket in India (BCCI) is now looking at alternatives — either to go for re-tendering with a lower base price or renegotiate a contract with the Sahara group, which currently holds sponsorship till December.

Controversial sugarcane law gets Parliament nod
Parliament today passed a bill that introduces new sugarcane price regime, after government allayed concerns of Opposition that the states will not be required to pay the difference between the Central and the State Advised Price to farmers.

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Not a sweet ride
Ii can give high profits, but the sugar industry is volatile and influenced by many factors
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Petronet LNG Q2 net up 16.7%

The country’s largest liquefied natural gas (LNG) importer, Petronet LNG, said On Saturday that its net profit rose by 16.74 per cent to Rs 120.67 crore for the second quarter ended September 30, 2009, over the same period last year. Total income of the company surged over two-fold to Rs 3,425.73 crore in the latest quarter, against Rs 1,672.69 crore in the same period of the corresponding financial year, Petronet LNG said in a filing to the Bombay Stock Exchange (BSE). Shares of Petronet LNG closed at Rs 72.20 on the BSE yesterday, up 0.21 per cent from its previous day’s close. - Another volatile day on Dalal Street, ends 230pts down - EIH tumbles on Q2 net loss - UTV Software slips on drop in net - Ispat Industries weak on higher losses - Markets slip after brief recovery - GAIL to import LNG cargo from spot market PTC India Q2 net dips 5.8% Power trading firm, PTC India said on Saturday that its net profit declined by 5.81 per cent to Rs 30.81 crore for the second quarter ended September 30, 2009, over the same period last year. Total income rose to Rs 2,475.70 crore in the latest quarter against Rs 2,059.33 crore in the same period last year, PTC India said in a filing to the Bombay Stock Exchange (BSE). Shares of PTC India closed at Rs 97.80 on the BSE, up 1.56 per cent from its previous close on Friday.


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