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Not the right time
Business Standard / New Delhi August 26, 2009, 0:43 IST

Rajasthan govt to buy 1200 MW from Adani Power
Adani Power Rajasthan, a 100 per cent subsidiary of Adani Power (APL), has been awarded letter of intent (LoI) by Rajasthan Rajya Vidhyut Utpadan Nigam (RRVPNL) for purchase of upto 1,200 MW of power on long-term basis.

News of the day

India needs global support on climate change: Saran
Reiterating India’s stance on climate change, that the country did not expect external financing or technology for its domestic actions, Shyam Saran, the prime minister’s special envoy on climate change, said it would be legitimate to ask for global support if we were doing something more.
Corporate

FIIs net bought Rs 490cr in F&O on Friday

The foreign institutional investors (FIIs) were net buyers of Rs 490.23 crore in futures and options segments on Friday. - Volatility up, prices down - Rebound expected early next week - Markets in oversold zone - Sensex falls, then rebounds on policy - DIIs net buyers of Rs 1,011 cr in cash mkt today - FIIs net bought Rs 2067 crore in F&O on Thursday According to the data released by the NSE, FIIs were net sellers of index futures to the tune of Rs 430.22 crore, while they bought index options worth Rs 1,029.76 crore. They were net sellers of stock futures to the tune of Rs 119.18 crore while bought stock options worth Rs 9.87 crore.


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