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Despite mgmt denial, mkt abuzz with Shree Cements deal newsThough the management denies, the market buzz is that a multinational player is eyeing a strategic stake in Shree Cements. CNBCTV18s Siddharth Zarabi reports.Source: Moneycontrol Top Headlines | 18 Sep 2009 | 9:09 am RNRL asks SC to dismiss Govt plea on Ambani gas matterAnil Ambani group firm RNRL on Friday asked the Supreme Court to dismiss the government's petition on the Ambani gas dispute, saying it had no locus standi to seek any orders and it at best could only make submissions.Source: Hindustan Times News Feeds 'Business' | 18 Sep 2009 | 8:05 am 'Recession has caused Corporates,IT majors rethink biz models'The economic recession has led corporates and IT majors rethink and redesign business models for further improvement in terms of impact on organizational performance a survey by auditing firm KPMG has said. Source: Hindustan Times News Feeds 'Business' | 18 Sep 2009 | 7:45 am Sensex gains 24 points in pre-close tradeThe Bombay Stock Exchange benchmark Sensex regained strength by rising over 24 points in pre-close trading on Friday on revival of buying at attractive low levels in shares of auto and healthcare sectors.Source: Hindustan Times News Feeds 'Business' | 18 Sep 2009 | 7:35 am No stake sale by promoters in last 15 days: Shree Cements\"Rumours of stake sale by Shree Cements promoters are baseless,\" says the company\'s MD HM Bangur. There has been no stake sale by the promoters in the last 15 days and they are not looking to pare off stake in the next one to two years either, he adds.Source: Moneycontrol Top Headlines | 18 Sep 2009 | 7:34 am Tata Chemicals not considering merger with Rallis IndiaTata Chemicals is not contemplating merger with Rallis India, said PK Ghose. The initial stage is to work with Rallis in the agricultural space and to fuel the growth strategy of the company.Source: Moneycontrol Top Headlines | 18 Sep 2009 | 7:14 am India assures global investors of a stable policy regimeIndia has assured global investors of a stable policy regime, stating no government initiative has ever been reversed or questioned in the past two decades.Source: Hindustan Times News Feeds 'Business' | 18 Sep 2009 | 6:55 am Govt may not provide any sops to exporters next fiscalCiting "serious fiscal situation", the government has said that no new incentives and sops could be provided to exporters in the next fiscal in view of significant resource crunch faced by the Centre.Source: Hindustan Times News Feeds 'Business' | 18 Sep 2009 | 6:52 am Don`t expect sops in next fiscal, Com Secy tells exporters!Citing "serious fiscal situation", Union Commerce Secretary Rahul Khullar said that no new incentives and sops could be provided to exporters in the next fiscal in view of significant resource crunch faced by Centre.Source: Zee News : Business | 18 Sep 2009 | 6:45 am Google revamps DoubleClick exchange!Google Inc announced a major overhaul of the DoubleClick ad exchange it acquired last year, an important step in the Internet search giant`s plan to extend its advertising business into the market for graphical, display ads.Source: Zee News : Business | 18 Sep 2009 | 6:45 am Sensex down 80 pts in opening trade on profit-booking!The Bombay Stock Exchange benchmark Sensex slipped by over 80 points in opening trade on Friday snapping its three-session winning streak on emergence of profit-booking at higher levels amid weak Asian markets.Source: Zee News : Business | 18 Sep 2009 | 6:45 am US regulators propose ban on `flash` trading!US securities regulators proposed on Thursday a ban on flash orders that stock exchanges send to a select group of traders, fractions of a second before revealing them publicly.Source: Zee News : Business | 18 Sep 2009 | 6:45 am Asian shares pull back, dollar gains respite!Asian stocks retreated from 13-month highs on Friday and commodity prices dipped after data giving a conflicting picture about the strength of the US recovery stopped investors from extending this week`s rally.Source: Zee News : Business | 18 Sep 2009 | 6:45 am G20 leaders set to curb bonuses, keep stimulus!European Union leaders agreed on Thursday to seek curbs on bankers` bonuses at next week`s G20 summit and said they wanted evidence the recession is over before they stop spending to prop up their economies.Source: Zee News : Business | 18 Sep 2009 | 6:45 am |