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Jan 25: Biocon profit dips 16%

  • Jan 25: Biocon profit dips 16%

    Jan 25: Biocon profit dips 16%

  • Gold awaits bigger fall

    A jewellery shop owner counts gold bangles in Kolkata

    Gold traders in India, the world's biggest buyer of bullion, preferred to stay on the sidelines on Wednesday as they waited for a bigger fall in prices due to a rise in the rupee, dealers said.

    * The most-active gold for February delivery on the Multi Commodity Exchange (MCX) was 0.45 percent lower at 27,261 rupees per 10 grams. The yellow metal prices have gained more than 5 percent since October.

  • Apple strong on sales

    A man shows an example of an iBook textbook on an iPad after a news conference introducing a digital textbook service in New York

    At least six brokerages raised their price targets on Apple Inc's shares after the world's most valuable technology corporation posted first-quarter results much above estimates on the back of strong sales of iPhones and iPads.

    "Very strong and best-ever iPhone, iPad, and Mac sales contributed to record Apple results," Canaccord Genuity said, and raised its price target on the stock to $650 from $560.

  • Euro woes holding back economy

    People walk past a banner of Reuters News in front of their office during the World Economic Forum at a library in Davos

    There is a palpable sense of hope at the annual Davos World Economic Forum that the euro zone is edging away from the brink of catastrophe but business leaders say Europe's woes are still holding back a global recovery.

    A growth strategy is the missing ingredient in the policy cocktail that euro zone leaders are mixing to save the currency bloc from break-up. Without economic recovery, re-election will be tough for presidents in Europe and beyond this year.

  • House of euro notes

    Artist Frank Buckley poses in the house he has built out of 1.4 billion euros in decommissioned euro notes from the Irish Central Bank's mint, in Dublin

    Bricks of shredded money are stacked in the house that artist Frank Buckley has built out of 1.4 billion euros in decommissioned euro notes from the Central Bank's mint, in Dublin

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