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This is an archive article published on April 23, 1999

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Gold, silver prices easeMUMBAI: A bearish trend was witnessed on the bullion market here today. Standard gold fell by Rs 10 to Rs 4,410 p...

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Gold, silver prices ease

MUMBAI: A bearish trend was witnessed on the bullion market here today. Standard gold fell by Rs 10 to Rs 4,410 per 10 gm. Gold .22 carat was down by same margin at Rs 4080 per 10 gm. Prices of gold biscuit 116.50 gm. dropped by Rs 100 to Rs 51,700 per piece. Silver .999 eased by Rs 40 to Rs 7,860 per kg. Silver .916 was down by Rs 45 to Rs 7,725 per kg in sympathy.

Industrial demand was sluggish after recent rally in the prices while weak Delhi advices prompted profit taking among local stockists here. In the overseas market prices looked up from 5.11 to 5.14 per an ounce.

Sun Microsystems, MicroUniv tie up

MUMBAI: Sun Microsystems India Pvt Ltd and MicroUniv have announced a tie-up for providing training on the Solaris platform. MicriUniv is the IT training division of Microland. Starting in the first week of May, MicroUniv will start delivering training programs as the Authorized Sun Training Provider, a press release said.

Suresh Kare acquiresWarren

MUMBAI: Suresh Kare Enterprises has taken over Warren Pharmaceuticals Ltd, a Rs 20 crore company specialising in opthalmic, dental and ENT products. The Kare group8217;s flagship company INDOCO Remedies is a Rs 100 crore pharma enterprise and was recently awarded a credit rating of A by ICRA, a release said.

 

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