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Govt formally issues EGoM decision taken last month on KG-D6 allocation
Ten power companies, including NTPC, Ratnagiri Gas and Power Pvt Ltd (RGPPL), Lanco and GMR Energy, will get KG-D6 gas in the second round of allocation decided last month, confirmed a government release issued on Monday. The decision has been reported already. Reliance Industries Ltd (RIL), operator of the D6 block in the Krishna-Godavari basin, will also be getting gas for consumption at its refineries and petrochemicals business, as well as for its captive power plants. http://smallpersonalloans.org.uk

India loses crops of Rs 50,000 cr to poor post-harvest handling
India is losing food items worth a whopping Rs 50,000 crore every year due to poor post-harvest handling of farm produce, a development that analysts say may jeopardise the Centre"s plan to formulate a food security law, especially in view of a "below-normal" monsoon.

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UN to cut staff by 40% in Pak on security concerns
The United Nations plans to reduce about 40 per cent of its staff in Pakistan by realigning their deployment due to growing security concerns in the wake of a wave of terrorist attacks across the country.
Small Business

Shree Ashtavinayak shrugs off Q3 net growth, ends weak

Shree Ashtavinayak ended at Rs 84, lower by Rs 1 or 1.3%, on the BSE. - Crompton Greaves jumps on bonus issue - Max India zooms on fund raising plans - Aban Offshore slumps 8% on sharp drop in net - Cummins rallies 2% on healthy payout plans - Ashtavinayak lines up Rs 457-cr expansion - Bombay Dyeing: Banking on realty ">Bombay Dyeing: Banking on realty The stock had opened at Rs 85, and touched a high of Rs 93 and a low of Rs 83 during the day. The counter saw trades of 26.03 lakh shares as against the two-week average of 7.84 lakh shares. ---------------------------------------------------------------------------------------------------------------------(Updated at 1142am) Shree Ashtavinayak Cine Vision has jumped 7% to Rs 91.25, after the company posted 194% jump in net profit to Rs 18.29 crore in Q3FY10 when compared to Rs 6.22 crore in Q3FY09. Total operating income has appreciated by 93% to Rs 160.80 crore (Rs 83.13 crore) during the quarter. The company is engaged in in-house film production and distribution and outside film distribution. It had declared bonus shares in the ratio of 4 bonus shares for every 1 exiting fully paid up equity share held by the members on the record date fixed at February 2, 2010.


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