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India Market Update Archive: 
India Movers: Ashok Leyland, BF Utilities, Glaxo, Voltas
Feb 03, 6:25 AM ET
Ashok Leyland January total sales fell 2% to 7,711 units. Great Offshore quarterly net profit slumped 96%. GlaxoSmithKline third quarter net profit surged 58%. National Aluminium increased prices by 5%. Voltas Limited third quarter net profit declined 7%.
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Sensex in India Surges 1.9%; Food Inflation Worries
Feb 03, 6:51 AM ET
Stocks in Mumbai surged tracking gains in international markets but elevated inflation tempered the surge. Food prices rose 17.05% and fuel prices increased 11% as demand run ahead of supplies. Ashok Leyland unit sales declined 2% in January.
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India Movers: Bajaj Auto, Hero Honda, Unitech
Feb 02, 6:25 AM ET
Bajaj Auto declined after January sales rose 18% to 313,583 units. Hero Honda plunged 5% after third quarter net profit declined 20%. NMDC third quarter net profit soared 81.4%.
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India Stocks Rebound; Jet Air Net Up, Hero Honda Net Down
Feb 02, 6:52 AM ET
Stocks in Mumbai bounced off from the lows on higher auto sales and rising corporate profits but investors worries that elevated commodities prices and inflation may hobble future earnings. Jet Air net rose 12% and Bajaj Auto unit sales rose 18%.
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Sensex in India Drops 1.8% to Plunge 12% in 2011
Feb 01, 8:12 AM ET
Stocks in Mumbai continued to correct as inflation worries and rising crude oil prices lead foreign investors to sell. The latest private survey of manufacturing indicated that manufacturing expanded for the twenty second month in a row but at a slower pace in January. December exports rose 36.4%.
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Sensex Drops 1.5% on Inflation; India and Indonesia Target $25 Billion Trade
Jan 27, 8:07 AM ET
Stocks in Mumbai tumbled 1.5% after the release of the latest weekly wholesale data. India and Indonesia set a bilateral trade target of $25 billion by 2015. SpiceJet said third quarter net declined 13% to $21 million from a year ago.
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India to Lift Interest Rates; Reliance, ICICI Net Surge
Jan 24, 8:58 AM ET
Stocks in Mumbai traded higher. ICICI Bank third quarter profit rose 30.5%. Insurance industry regulator confirmed that public offering guideline for life insurance companies will be ready in this fiscal year. New power plant addition target may be revised lower.
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Sensex, Rupee in India Decline; BHEL Net Surges 31%
Jan 21, 5:45 AM ET
Stocks in Mumbai moved in a narrow range to close lower for the day and gained 0.8% in the week. Jindal Steel & Power plans to export a million tons of iron ore concentrate from its Bolivian mine. BHEL net surges 31% in the third quarter.
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Sensex in India Gains; Stubborn Inflation
Jan 20, 8:07 AM ET
Stocks in Mumbai closed higher after fluctuating in negative territory. RBI relaxes debt restructuring norms for the micro finance sector. India and China top labor productivity table in 2010.
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Sensex Declines Again; HCL Tech Net Surges 34%
Jan 19, 6:47 AM ET
Sensex index in Mumbai ended below 19,000 as stocks in technology, oil and gas sectors declined. HCL Technologies reported third quarter profit increased 34.2%. Gail Ltd plans to raise $800 million or 50% of its 2011 capex through a public issue.
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