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Tata Steel down 4% on sharp drop in net
The stock slipped to a low of Rs 478 and finally settled at Rs 483, down around 4% from the previous close. The counter clocked volumes of 3.17 million shares as compared to the two-week daily average traded volumes of 1.81 million shares on the BSE. http://smallpersonalloans.org.uk

New Year gifts set to get chic, again
Indian corporate gifting companies are set to laugh all the way to the bank this New Year. For, after a temperamental period in 2008 and 2009 on account of the recession, corporate biggies have finally started loosening their purse strings and placing orders for high-end gadgets like iPods, digital photoframes and dual-SIM handsets to dole out to their employees as well as clients.

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Last date for Metro Rail RFQ applications sale extended
The last date for sale and submission of request for qualification (RFQ) applications for the Rs 12, 132-crore Hyderabad Metro Rail project is extended till December 14, 2009, from the earlier November 27.
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HP clears Rs 250-cr Nestle project

Seventeen industrial proposals with a proposed investment of Rs 419 crore have been cleared by the Himachal Pradesh government. They also include a Rs 250-crore Nestle food processing unit. - Dhumal seeks Israel tech - HP invites fresh bids for power projects - U"khand CM threatens dharna This decision was taken by the state single window clearance and monitoring authority here under the chairmanship of Chief Minister P K Dhumal on Saturday. “Among the fresh proposals, Nestle India’s Rs 250-crore food processing unit at Tahliwal in Una district has also been cleared, which will generate 650 jobs,” Dhumal said. “The Nestle project is a prestigious project for Una district and the entire state. Best efforts are being made to complete the formalities so that the construction work of the unit can start soon,” he said. The state so far has succeeded in attracting an investment of Rs 40,130 crore since the excise holiday package was announced in 2003 by the Centre. “In the last two years alone 2,320 new industrial units have been cleared, promising an investment of Rs 11,205 crore,” Dhumal said. Of the 17 projects cleared on Saturday, seven are new industrial units and ten expansion proposals of existing industrial units in different parts of the state. Dhumal claimed that proposals of multi-national companies were pouring into the hill state and these were being processed soon.


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