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Cost
of foreign currency loans to hit Ramagundam financial closure
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The financial closure for the
520-MW Ramagundam power project, promoted by BPL Power Projects,
may be delayed on account of the cost of its foreign currency
loans. |
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ICL
Foundries set to merge with parent firm |
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ICL Foundries Ltd (ICLF), a
wholly-owned subsidiary of TVS Electronics, is set to merge
with its parent company. This process would ensure that the
company can utilise the ICL land for its future space requirements. |
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HLL,
ITC, Dabur come out tops in ad expenditure
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Most of the companies are trying
hard to sell their products in competitive conditions. This
is apparent from the rise in the ratio of advertisement expenses
to sales for 240 major private sector companies (sales above
Rs 9 crore) during 2000-01. |
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Cement
to cost Rs 12 more from today |
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Cement manufacturers have
joined hands again to hike cement prices by around Rs 12-13
per bag. This hike would be effective from August 27. |
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