Indian Stock Market News - 27 Feb 2008 : Another good day ahead!

Recently, Indian Markets are having good day only if US markets had one. Today wont be any different. US had a good day so we will too.

News Round up

MoneyControl
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Mkts need time-based correction: Kotak Sec
'Lack of triggers keeping investors away'
Use every dip to buy for invest: Baliga

Sify
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Tata preparing to sign Jaguar deal early March
Tata Motors Ltd is all set to sign a landmark deal to take over two iconic British automobile brands, Land Rover and Jaguar, from US carmaker Ford Motor Co early next week.

Pfizer introduces antismoking drug in India
City-based $172-million Pfizer India Ltd, part of US pharmaceutical multinational Pfizer Inc, Tuesday launched the Varenicline prescription drug in India that helps smokers to kick their nicotine addiction

Bharti Airtel to set up undersea cable linking US with Asia
Telecom giant Bharti Airtel on Tuesday said it would set up a new undersea cable linking the United States with Asia in partnership with five global telecom firms.

The Financial Express
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Wheat breaches $12 for first time after biggest gain since 02
Chicago wheat prices rose by the most in more than five years, breaching $12 a bushel for the first time as investors poured money into agricultural commodities on signs that global crop production isn't keeping pace with demand.

Re rises a second day; bonds fall ahead of Budget
The rupee advanced a second day, on speculation overseas investors will add to their holdings of local equities as the benchmark stock index extended gains.

REL plans share buyback; board to decide on Mar 5
Anil Dhirubhai Ambani Group company Reliance Energy Ltd announced a move to buy back its own shares. A meeting of the company's board of directors will be held on March 5 to consider the buyback, among other issues.

Nod to short selling by institutional investors
Just a few days before presenting the Budget, finance minister P Chidambaram has finally given the go ahead to short selling by institutional investors by clearing issues on its taxation.

The Economic Times
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Pfizer, Novartis and Merck test negative in India
Pharma giants like Pfizer, Novartis and Merck have seen their market capitalisation erode over the last three years, as sales started to witness marginal growth.

Maruti to kick off price war with diesel Dzire
The diesel sedan market is likely to witness a price war with Maruti Suzuki India Ltd all set to launch one of the cheapest diesel sedans in the domestic market


RK
Rental And Real Estate Classifieds and Social Network
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