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Heaviest flood in more than 100 years
Despite the heaviest flood in river Krishna in more than 100 years -- with 10 lakh cusecs gushing in at a menacing pace -- people in many villages are still reluctant to move to safer places.

Rising rupee a big worry for exporters
Over 10 per cent rise of rupee against the US dollar has become a "big worry" for exporters at a time when they saw arrest in sharp decline in the country"s exports amid a hope of recovery.

News of the day

Rift between CM, Reddy brothers widens
The rift between Karnataka chief minister B S Yeddyurappa and his mine-owning ministerial colleagues continued as they stepped up their campaign against a new cess imposed on lorries transporting iron ore. Tourism minister G Janardhana Reddy, himself a mine owner in the ore-rich Bellary district, took the lead in holding parleys with like-minded fellow miners since yesterday to mobilise support against the Rs 1,000 cess on each lorry load of iron ore, sources close to them said here. There are 92 licenced owners of mines in the district and about 40 of them have been carrying on mining.
Business Opportunities

Emami pares gains, ends flat

The scrip pared all the gains and touched a low of Rs 460. The stock finally ended flat at Rs 464. The counter clocked volumes of 6,418 shares as comapred to the teo-week daily average traded volumes of 6,862 shares. _____________________________________________________ FIIs net bought Rs 737 crore in F&O on Monday F&O OUTLOOK: Downside limited from current levels US markets end in the green The stock opened at Rs 485, touched a high of Rs 489 and slipped to a low of Rs 460. The scrip is now trading at Rs 472, up 2% from the previous close. The counter has clocked volumes of 1,443 shares as compared to the two-week daily average traded volumes of 6,862 shares on the BSE. The company is diversifying into cement business and will invest Rs 1,750 crore to set up production units in the next three years. Click here to red more: Emami to foray into cement biz


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