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Telangana erupts again
Reacting to the Centre’s announcement of discussing the Telangana issue further, 70 legislators cutting across party lines on Thursday decided to resign in protest against the government’s action.

Markets at a glance
The broader indices opened higher for the first two days. Since then, index stocks struck to a narrow range as investors preferred to wait for the December quarter results. Nevertheless, markets ended the week at a 22-month high with the Sensex ending nearly flat and Nifty gaining 13 points or 0.8 per cent to 5,245.

News of the day

Doctors take management lessons for better pay
More doctors and healthcare professionals are joining management schools, turned away by the limited number of seats for a post-graduate course in medicine and the prospects of a better pay package after graduating from a B-school.
Public Relations

Sesa Goa crashes on fears of SFIO enquiry

The stock touched a low of Rs 274 - down over 13% and finally ended at Rs 276 - down 12.5%. Over 5.59 million shares were traded on the BSE today. ________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 310 and thereafter crashed 13% to touch a low of Rs 275. The stock has recoevered marginally and is now down 9.3% at Rs 286. The stock has dropped 18% in the past week. The counter has clocked hefty volumes of 2.50 million shares on the BSE so far. The scope includes verifying the past eight years’ financials, said a government official. “The investigation period also includes the time after Vedanta acquired Sesa Goa in April 2007. The movement of the share prices will be checked as part of the investigation,” said the official.


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