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Shares of Gujarat Pipavav Port (GPPL) have seen overwhelming response on day one.

India\'s industrial output in July rose at a fasterthanexpected 13.8% from a year earlier, sharply higher than the previous month\'s 7.1%, government data showed on Friday.

Indian ADRs ended higher yesterday. In the telecom space, MTNL was up 2.83% at $2.91, Tata Comm was up 0.82% at $14.68. In the banking space, ICICI Bank was up 1.87% at $45.25 and HDFC Bank was up 1.14% at $166.95.

US stocks rose on Thursday as strongerthanexpected jobs and trade data helped lift optimism about the economic recovery, although sentiment was fragile as investors fretted over European banks.

Crisil Ltd said on Thursday its board has approved investing up to an average Rs 80 crore to buy back shares at a maximum price of Rs 6,500 each.

ABB chief executive Joe Hogan, who has climbed Kilimanjaro, is facing an uphill battle of a different sort in India.

Alstom Projects India Ltd said on Thursday a consortium with Alstom Transport SA, France has won an order worth Rs 14.7 billion to provide cars for Chennai Metro Rail.

Athletes should not let the outbreak of dengue fever or security concerns ruin their experience at next month\'s Commonwealth Games, Indian Sports Minister Manohar Singh Gill said on Thursday.

British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea.

The Bank of England kept interest rates at 0.5% for the 18th month in a row and announced no new quantitative easing purchases, in a widely expected decision on Thursday.

3M Co said it will buy Arizant Inc, a maker of products to maintain body temperature in patients undergoing surgery, for USD 810 million in cash, the company\'s third acquisition since late August.

New US claims for unemployment benefits fell more than expected last week to a twomonth low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.

There are no signs of a slowdown in India\'s industrial output growth, Kaushik Basu, the finance ministry\'s chief economic adviser said on Thursday.

Staterun NMDC Ltd said on Thursday it has signed a shareholders\' agreement with Kopano Logistics Services to form a joint venture company for exploration and development of mines in South Africa.

India\'s wholesale price index in August probably rose 9.6% from a year earlier, easing from a rise of 9.97% in July. Forecasts from 15 economists ranged from 9.36% to 9.84%.

US President Barack Obama stood firm on Thursday in opposition to a Republican push to extend Bushera tax cuts for the rich but stopped short of threatening to veto such a measure if passed by Congress.

First, it targeted investments in mega projects. And now, the Maharashtra government is looking to create ecosystem for micro, small and medium enterprises, reports CNBCTV18’s Shubhro Sen.

India\'s cabinet has approved stake sale in staterun Manganese Ore, Home Minister P. Chidambaram said on Thursday.

Gujarat Pipavav Port debuted at Rs 56.10 on the NSE. Managing Director Prakash Tulsiani said the company received Rs 500 crore from the IPO of which Rs 300 crore will be used to retire debt as we will save Rs 3940 crore interest cost after debt repayment.

Eros International Media, a part of Eros group, is set to tap capital markets by opening its public issue for subscription on September 17.