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Eicher Motors Q3 net dips 4.12%
Commercial vehicle maker Eicher Motors reported 4.12 per cent fall in net profit to Rs 15.83 crore for the third quarter ended March 31, 2009, compared with Rs 16.51 crore in the year-ago period.

Sharp fall in Indian exports arrested, says Minister
The government today said in the Lok Sabha that though there were no signs of recovery in the global economic scenario, the sharp fall in Indian exports seems to have been arrested.

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Fiscal deficit target would be around 5.5%: HDFC Bank report
There is a growing market fear that the fiscal deficit in 2008-09 may be as high as 6-6.5 per cent but the Budget to be unveiled in early July may surprise with a figure of around 5.5 per cent, HDFC Bank has said.
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ITC hikes prices of two cigarette brands

FMCG major ITC, the largest player in the domestic cigarette market, has increased prices of two of its brands, India Kings and Benson & Hedges, by Rs 10 and Rs 5, respectively. - Index closes below 17,000 - Bhupesh Bhandari: The reign of rural retail">Bhupesh Bhandari: The reign of rural retail - Amway eyeing Rs 1,400 cr revenue - Dabur alleges US firm of infringing on its trademark - HUL launches Pureit Autofill water purifier - Godrej strengthens roots in villages with regional ads Sources said the company had increased the maximum retail price of a pack of 20 sticks of India Kings to Rs 110 from Rs 100. It has also hiked the price of a pack of 20 sticks of Benson & Hedges to Rs 105 from Rs 100. According to industry analysts, the total market for branded cigarettes in India is around Rs 20,000 crore and ITC, with a portfolio of popular brands like Insignia, India Kings, Classic, Gold Flake, Silk Cut, Navy Cut, Scissors, Capstan, Berkeley, Bristol and Flake, has around 80 per cent share of the market. When contacted, ITC spokesperson confirmed the price hike but declined to provide further details.


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