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November 26: News pics for the day

  • November 26: News pics for the day

    November 26: News pics for the day

  • <p><b>A container ship is loaded at the Container Terminal at the Cochin Port on Willingdon Island in Kerala</b>
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State-run Shipping Corporation of India has fixed the indicative price band for its follow-on share sale at Rs 135 to Rs 140 a share, two sources with direct knowledge of the situation said on Friday.
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The issue, which opens on Tuesday and closes on December 3, will offer a 5 per cent discount to retail investors on the final share sale price, said the sources.
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The government will sell a 10 per cent stake in the shipping services firm and the company will issue another 10 per cent of fresh equity.
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    A container ship is loaded at the Container Terminal at the Cochin Port on Willingdon Island in Kerala

    State-run Shipping Corporation of India has fixed the indicative price band for its follow-on share sale at Rs 135 to Rs 140 a share, two sources with direct knowledge of the situation said on Friday.

    The issue, which opens on Tuesday and closes on December 3, will offer a 5 per cent discount to retail investors on the final share sale price, said the sources.

    The government will sell a 10 per cent stake in the shipping services firm and the company will issue another 10 per cent of fresh equity.

  • <p><b>A man looks at a scale model of Boeing&#39;s 787 dreamliner at their booth at the Singapore Air Show in Singapore</b>
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Airbus and Boeing have started sounding out suppliers on their ability to cope with further increases in production of their most popular jets, taking combined output well above 80 a month within four to five years.
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Three senior industry sources told Reuters consultations had started on a historic upswing which could see Airbus producing as many as 44 A320 single-aisle planes by 2014 or 2015 and its rival simultaneously rising to as many as 42 737s a month.
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    A man looks at a scale model of Boeing's 787 dreamliner at their booth at the Singapore Air Show in Singapore

    Airbus and Boeing have started sounding out suppliers on their ability to cope with further increases in production of their most popular jets, taking combined output well above 80 a month within four to five years.

    Three senior industry sources told Reuters consultations had started on a historic upswing which could see Airbus producing as many as 44 A320 single-aisle planes by 2014 or 2015 and its rival simultaneously rising to as many as 42 737s a month.

  • <p><b>A man uses an electronic machine to check an Indian currency note at a money exchange shop in Siliguri February 5, 2008. The finance ministry has not suggested recalling of corporate loans under scanner in the financial bribery scam, the financial services secretary R Gopalan said on Friday</b>
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Another finance ministry official reiterated that no such move has been made by the ministry.
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\"To the best of my knowledge we have not suggested anything like this\", the official said, who did not wish to be named, told Reuters.
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The official said that no instruction has been issued by the finance ministry to banks to reduce their exposure to realtors.
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    A man uses an electronic machine to check an Indian currency note at a money exchange shop in Siliguri February 5, 2008. The finance ministry has not suggested recalling of corporate loans under scanner in the financial bribery scam, the financial services secretary R Gopalan said on Friday

    Another finance ministry official reiterated that no such move has been made by the ministry.

    \"To the best of my knowledge we have not suggested anything like this\", the official said, who did not wish to be named, told Reuters.

    The official said that no instruction has been issued by the finance ministry to banks to reduce their exposure to realtors.

  • <p><b>A large euro sign installation is seen in front of the European Central bank (ECB) headquarters prior to the monthly news conference of ECB President Jean-Claude Trichet in Frankfurt</b>
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European officials denied \"absolutely false\" reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needing help to manage its finances, despite fears of a spreading euro debt crisis.
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The Financial Times Deutschland quoted unidentified sources as saying some euro zone states wanted Lisbon to seek aid in order to avoid Spain, the fifth largest EU economy, from having to follow suit.
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    A large euro sign installation is seen in front of the European Central bank (ECB) headquarters prior to the monthly news conference of ECB President Jean-Claude Trichet in Frankfurt

    European officials denied \"absolutely false\" reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needing help to manage its finances, despite fears of a spreading euro debt crisis.

    The Financial Times Deutschland quoted unidentified sources as saying some euro zone states wanted Lisbon to seek aid in order to avoid Spain, the fifth largest EU economy, from having to follow suit.

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