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Friday, July 4, 2014

IDBI Bank to raise Rs. 4,000 crore in FY15
IDBI Bank at its meeting held today, approved the proposal for mobilization in one or more tranches of Rs. 4000 crore.

Hindalco slips as a foreign brokerage retains underweight rating
Hindalco Industries fell 1.24% on reports that a foreign brokerage maintained its underweight rating on the stock.

Jain Irrigation up 5%
Jain Irrigation has been issued a letter of intent of project by Himachal Pradesh government involving an outlay of Rs 97.52 crore.

Bharti Airtel rises over 2%; FIIs can invest upto 74% in co
Shares of Bharti Airtel gained more than 2 percent after the Reserve Bank of India allowed foreign institutional investors (FIIs)/registered foreign portfolios investors (RFPIs) to invest up to 74 percent of the paid up capital of company under the portfolio investment scheme.

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