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Tempered
ArcelorMittal: ArcelorMittal is firmly out of crisis mode. The world’s largest steelmaker, led by billionaire industrialist Lakshmi Mittal, delivered an unexpected return to profitability in the third quarter – after nine months of consecutive losses. Arcelor is nevertheless right to be rein in shareholders’ expectations.

10-day CAT exam to begin today
To avoid any kind of misuse or instances of cheating during the 10-day computerised Common Admission Test (CAT), which begins tomorrow, the Indian Institutes of Management (IIMs) have published a legal disclaimer which, if flouted by any student, can attract imprisonment and a fine.

News of the day

Two crore mobile users go unconnected from midnight
Nearly two crore mobile phones without unique identification numbers will go out of service from midnight today, with government deadline to operators to block calls to such devices on security concerns expiring tonight.
Public Company

JLR sales grow 30% in Nov

Improved economic conditions globally helped the Tata-owned, British-based, brands Jaguar and Land Rover (JLR) post 30 per cent growth in November, selling 18,825 units compared with the same month last year. - JLR to hire over 100 graduates, under-graduates in 2010 - Tata Motors rides on higher November sales - Mgt grads of 2010 prefer FMCG sector: Nielsen - Tea: Brewing gains - Sensex little changed; down 19 points - Dragon country enthrals Indian auto makers Sales of Jaguar sedans for November were 4,333 units, a decline of 2 per cent, while Land Rover sales of sports utility vehicles were 14,492, an increase of 45 per cent over the same month last year. Tata Motors declined to provide absolute sales for the corresponding month last year. Tata Motors’ group global sales, comprising Tata, Tata Daewoo and the Hispano Carrocera range of commercial vehicles, Tata passenger vehicles along with distributed brands in India, and Jaguar and Land Rover, were 75,775 units in November 2009, growth of 62 per cent over November 2008.


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