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Tata
Steel eyes China for more steel exports
New Delhi: Tata Steel has, during the first nine months
of the current financial year, exported steel worth Rs
800 crore, nearly double the value of its exports during
the corresponding period of the previous financial year.
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CoPT
terminal project gets dull response
Kochi: The Rs 2,000-crore international container
transshipment terminal project, which has been planned
to be set up at Vallarpadom, off Kochi, appears to have
received a lukewarm response with just two of the five
companies participating in the pre-bid discussions convened
by Cochin Port Trust.
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CDR
panel okays lower rates for BKPL at 8 per cent
Kochi: The empowered group on corporate debt restructuring
has agreed to reduce the interest rate for BSES Kerala
Power to around eight per cent. The earlier rates were
almost double at 14-15 per cent.
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Pfizer
posts Rs 76-cr profit
New Delhi: Pfizer Ltd has posted a consolidated net
profit of Rs 75.94 crore for the year ended November 30,
2002 as compared to Rs 47.49 crore last year. Total Income
increased to Rs 602.5 crore from Rs 359.14 crore last
year.
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Price
cut helps STAR increase base
Mumbai: Star India, which surprised the market late
last year by offering to drop the rates of its bouquet
of pay channels by over 22 per cent in the event of higher
declaration from cable operators, has scripted a success
story across the country except in Tamil Nadu.
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Marico
to foray into US skin care market
Mumbai: Marico Industries Ltd is making yet another
foray - the skin care products market in the US. It has
acquired a controlling equity interest in the US-based
Sundari LLC, which owns the Sundari line of luxury ayurvedic
skin care products.
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Bharat
Biotech's goodwill gesture
Hyderabad: Bharat Biotech, the Hyderabad-based manufacturer
of Hepatitis B vaccine on Wednesday made an offer to supply
the State Government with one-month requirement of the
vaccine `gratis' as a goodwill gesture.
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