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Amend petition against NTPC in two weeks: HC asks RIL
The Bombay High Court today directed Mukesh Ambani-led Reliance Industries (RIL) to carry out amendments in its petition against PSU NTPC on a gas supply deal within two weeks.

Opto Circuits gains on 32% jump in net
The stock touched a high of Rs 177 and finally settled at Rs 175, up 6% from the previous close. The counter witnessed trades of 537,952 shares as compared to the two-week daily average traded volumes of 651,329 shares on the BSE.

News of the day

Sun TV to create two verticals
Sun TV Network will restructure its distribution business and team with the creation of two verticals one focused on managing the South Indian operations and the international business and the second focused on expanding the Sun TV bouquet into the north, west and eastern markets of India.
International Business

Rupee at 46.44/$, down 33 paise

The Indian rupee today depreciated by 33 paise against the US currency in early trade on strong demand from importers for the dollar, which rebounded against other major currencies. - Re appreciates 28 paise at 46.01/$ - Govt not to hike oil prices despite surge in global rates - Rupee weakens by 4 paise in opening trade - Bajaj Auto: Back in the game - Re drops, reversing earlier gains - Jamal Mecklai: Rabbit in the headlights - again">Jamal Mecklai: Rabbit in the headlights - again At the Interbank Foreign Exchange (Forex) market, the domestic unit was quoted at 46.44 a dollar, the lowest level since October 12. The rupee had closed at 46.11/12 a dollar in the previous session. Dealers said increased demand from importers for the US currency mainly put pressure on the Indian rupee. The US currency bounced back from 14-month lows against major currencies which impacted adversely the rupee sentiment, they added.


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