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This is an archive article published on June 5, 2013

Briefly Business: Sensex down 65 points,rupee bounces back

Extending its losing run to the third day,the BSE Sensex on Tuesday closed with a loss of nearly 65 points at over one-month low

Sensex down 65 points,rupee bounces back

Mumbai: Extending its losing run to the third day,the BSE Sensex on Tuesday closed with a loss of nearly 65 points at over one-month low of 19,545.78 on selling in consumer durables,banks,realty and auto shares. The rupee closed at 56.44 to the dollar,a gain of 32 paise. PTI

Banking secy to meet heads of PSU banks

NEW Delhi: Financial Services secretary Rajiv Takru is scheduled to meet heads of the public sector banks on June 6 to review the steps being taken by the banks to push stalled infrastructure projects. PTI

NHB net profit up 29% in FY 2012-13

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NEW Delhi: National Housing Bank said its net profit for FY’13 is up 29 per cent at Rs 456 crore. The interest income rose over 25 per cent during the year at Rs 2,898 crore from Rs 2,312 crore in the previous year. ENS

Cartica to pick stake in TTK Prestige for R230 cr

NEW Delhi: Home appliances manufacturer TTK Prestige on Tuesday said global fund manager Cartica will acquire 5.6 per cent stake in the company for around Rs 230 crore. PTI

KK Jalan appointed EPFO chief

NEW DELHi: The Appointments Committee of Cabinet has appointed Krishna Kumar Jalan,a 1982 batch IAS officer as the new Central Provident Fund Commissioner. ens

OnMobile to buy Livewire for $17.8 mn

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Mumbai: IT company OnMobile Global said it has entered into an definitive agreement to acquire the business assets and liabilities of US-based Livewire Mobile,which provides mobile entertainment solutions,for about $17.8 million. PTI

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