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Sensex breaches 12,000 mark, ends at a new high The bullish Indian stock market created a record of sorts on Thursday when it breached a new milestone - the 12,000 mark - for the first time in the history of the capital market on massive institutional buying. 21 Apr 2006
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Sensex touches new high, edges closer to 12K mark The Bombay Stock Exchange (BSE) Benchmark 30-share Index (Sensex) climbed a new peak on Wednesday at 11,986.09, edging closer to the new milestone of 12,000 during the trading, driven by a flow of robust corporate earnings and a fresh bout of fund inflows. 20 Apr 2006
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Indian shares tumble for 2nd day in row Mumbai - Prices of Indian shares fell sharply on Thursday on sustained profit-taking, with the Sensex losing 118.50 points. 14 Apr 2006
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RCoVL raises $ 500 million through FCCBs Reliance Communication Ventures Limited (RcoVL), the holding company of Anil Ambani's telecom businesses has announced that it has raised $ 500 million (over Rs. 2,200 crore) from the overseas market for funding its expansion. 10 Apr 2006
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Anil Ambani's Equity Fund sets new records Mumbai - Reliance Capital Asset Management Ltd. has raised Rs. 5700 crore ($ 1.3 billion) through its new Reliance Equity Fund, the largest by an Indian scheme, to become India's top equity fund house by assets. 06 Apr 2006
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RPL refinery to be set up in Special Economic Zone Jamnagar - Newly-formed Reliance Petroleum Limited (RPL) has announced that it would set up the world's first refinery in a Special Economic Zone (SEZ) that is expected to be completed by December 2008 with a capital outlay of Rs. 27,000 crore. 06 Apr 2006
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Global oil giants mull stake in world's largest refinery project in Jamnagar Jamnagar - Global oil giants, including US-based Chevron Corp. and Exxon-Mobil and Chinese oil giant, China National Petroleum Corporation (CNPC), are all in the race to pick up a stake in the Rs. 27,000 crore ($ 6.13 billion) new Jamnagar refinery project of Reliance Petroleum Ltd (RPL), a subsidiary of Mukesh Ambani-controlled Reliance Industries Ltd (RIL). 05 Apr 2006
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ONGC, 32 other Indian Cos. feature in Forbes list New Delhi - India's largest oil exploration company, the Oil and Natural Gas Corporation (ONGC) leads the pack of 33 Indian companies, mostly banking, software and energy majors, which have found places on Forbes magazine's coveted list of 'The World's 2000 Largest Public Companies.' 04 Apr 2006
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Sensex closes at all time high Mumbai - The benchmark Sensitive Index of the Bombay Stock Exchange (BSE) crossed the 11,500 mark on Monday afternoon to scale an all-time intra-trade peak of 11,579.10, gaining over 200 points on the back of all-round buying, before ending the day at a record 11,564.36, an intra-day gain of 284.40 points. 04 Apr 2006
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R-ADAG announces merger schedule The Reliance-Anil Dhirubhai Ambani Group (R-ADAG) has announced a tentative schedule for merger of two firms transferred from the Mukesh Ambani group earlier this year with its flagship power entity Reliance Energy Ltd. and financial services company Reliance Capital Ltd. 30 Mar 2006
