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Wockhardt bleeds due to Rs 284-crore hit
A mark-to-market (MTM) loss of Rs 284.4 crore caused drug major Wockhardt to post a net loss of Rs 54 crore in the third quarter ended September as against a net profit of Rs 62.2 crore in the corresponding quarter of last year. Consolidated sales revenues stood at Rs 922.7 crore, a growth 2.23 per cent over the Rs 902.5 crore posted in the year-ago period. The MTM loss has been accounted for as an exceptional item and negotiations are in progress in respect of hedging instruments outstanding. http://smallpersonalloans.org.uk

State to clear encroachers from Posco forest land
The land acquisition process for the Rs 54,000-crore Posco steel project in Orissa is expected to make some headway soon with the state government showing resolve to expedite the process.

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Harley-Davidson to launch 12 motorbikes in India
Iconic US motorcycle maker Harley-Davidson today said it will bring 12 motorcycles in the Indian market priced between Rs 6.95 lakh and Rs 34.95 lakh (ex-showroom New Delhi).
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No major strike in '09 but challenges remain for Home Min

In the shadow of 26/11, the Home Ministry took measured steps to bring changes in the complex intelligence-security system during 2009 that saw India pass through without any major terror attack and it could be in for some reforms in the new year if P Chidambaram has his way. - 'Next year is going to be hard' - Recovery not broad based: Gokarn - 'Help for countries not responsible for the crisis is justified' - Ruchika case: Rathore goes to court to meet his lawyer - US cautions its citizens to threats of attacks in India - Obama admn accords high importance to ties with India in 2009 While the focus was on terror, especially the one that comes from across the border, the Ministry has also been pro-active on dealing with what the Prime Minister Manmohan Singh calls the single biggest internal security challenge -- Left Wing Extremism. Home Minister Chidambaram, who stepped into the Ministry in the aftermath of the Mumbai terror attack in 2008, may be attributing the absence of major terrorist strikes to "some luck" but that cannot take away the significance of the toning up the working of the intelligence agencies and other security apparatus. As the year was wrapping up, Chidambaram announced the proposal to set up a National Centre for Counter Terrorism (NCTC) which will start functioning from the later part of the new year. While Kashmir continued to see a decline in militancy-related activities besides a successful completion of assembly and Parliamentary elections, Maoists remained a constant threat for the nation.


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