C.B. Bhave, chairman of market regulator Securities and Exchange Board of India (Sebi), Tuesday said there was no need for imposing a ban on short sales.

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Describing his meeting with the Pak President as a ‘good encounter’, PM Manmohan Singh said ‘he had the right words’.

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Orchid Chemicals and Pharmaceuticals Ltd today announced that they have formed a strategic partnership with Merck and Co, for the discovery of agents in treating bacterial and fungal infections.

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Dilip Vengsarkar relinquished his post of Mumbai Cricket Association (MCA) chief selector on Monday, 48 hours after he was replaced by Kris Srikkanth as Chairman of the National Committee.

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Apollo Tyres Monday rejected All India Tennis Association’s (AITA) demand to reveal the details of the amount spent on the project.

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Hyderabad-based Softline Software Services Private Limited is planing to raise about Rs 100 crore through an initial public offering (IPO) by June 2009 to part fund its expansion plan.

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NASA’s Phoenix spacecraft has discovered evidence of past water at its Martian landing site and spotted falling snow for the first time, scientists have reported.

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According to the grapevine, the two mingled like best of pals

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Prices of groundnut oil declined moderately on the oils and oilseeds market here today due to lack of demand from retailers amidst good supply from producing regions.

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Serena Williams would happily forgo the $100,000 prizemoney that goes to the winner of the Porsche Grand Prix in Stuttgart. She’d much rather drive off in the bright red convertible parked courtside.

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