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Swine flu: Pvt hospitals in Mumbai to set up isolation wards
Private hospitals in Mumbai today agreed to set up isolation wards for treatment of swine-flu affected as government said patients can get admitted to such hospitals once officials found the facilities satisfactory.

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KEC Intl wins order worth Rs 550 cr from Algeria, Abu Dhabi
KEC International, a part of the Rs 15,000 crore RPG group has won orders in Algeria and Abu Dhabi worth Rs 474 crore and Rs 76 crore respectively. KEC will undertake five turn key projects worth Rs 474 crore for CEEG spa in Algeria. The total length of these five projects is 858 km and completion period ranges from 12 to 18 months.

News of the day

Goods and services tax - a letdown?
The release of the much awaited Goods and Services Tax (GST) discussion paper by the Empowered Committee of State Finance Ministers is a welcome step forward in the reform of the indirect tax regime in India. However, the paper falls far short of expectations. The GST design the State Finance Ministers (SFCSs) have opted for is a compromise, which could prove to be neither good economics nor good politics.
Corporate

Markets open in the green

The markets have resumed their upmove after retreating on Monday. The Sensex has again crossed the 17k mark to 17,045, higher by 62 points, and the Nifty is at 5,090, up 23 points. Metals, energy and realty stocks are in the limelight. - Markets sustain gains - Markets open in the green - Markets likely to open on a flat note - Asian markets trade soft - US markets end mixed - Markets begin week in red; metals, Reliance drag Sensex Metal stocks have rebounded after the previous day"s correcton. Hindalco is trading higher by Rs 3 or 2.1% at Rs 145 and Tata Steel has strengthened by Rs 6 or 1.1% at Rs 562. Bharti Airtel has conntinued from where it left, gaining an additional Rs 3 or 1% at Rs 319. Sterlite, M&M and Tata Motors are the other notable gainers. Among the losers, ONGC has shed 0.4% at Rs 1,178, Reliance Communications has lost 0.4% at Rs 175 and HDFC Bank has weakened by 0.3% at Rs 1,790. Out of 1,641 stocks traded on the BSE, there are 1,159 advancing stocks as against 38 declines.


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