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Prithivraj Chavan flags off Mumbai Metro

Mumbai, June 8 (ANI): Maharashtra CM Prithivraj Chavan on Sunday inaugurated the much-awaited Mumbai Metro that promises to cater to lakhs of commuters per day on the 11-km Versova-Andheri-Ghatkopar route. Reliance Industries head Anil Ambani and his wife Tina Ambani were amongst the early riders. Mumbai Metro One Pvt Ltd (MMOPL) is a joint venture between Reliance Infrastructure, French firm Veolia Transport and the Mumbai Metropolitan Region Development Authority (MMRDA). While Anil Ambani-owned Reliance Infra, which is the execution agency, owns a 69 per cent stake in the project, the state-run MMRDA and Veolia hold 26 per cent and 5 per cent stake respectively. Jun 8, 2014
bse-sensex

Indian Shares Start on High Note, Metal Stocks on a Roll

The Indian Shares on Friday started on a high note after surging on Thursday. Additionally, European bankers have also helped the shares get a good start by introducing the sub-zero interest rates and other anti-deflation methods. Jun 6, 2014
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BSE closes points 467.51 up on June 2

New Delhi, June 2 (ANI): Trading at the Bombay Stock Exchange today closed 467.51 points up to stand at 24,684.85. At the National Stock Exchange the Nifty closed 132.55 points up to stand at 7,362.50. Syndicate Bank and Reliance Capital Ltd. were among the top gainers of Group A with an increase of 12.13% and 11.19% along with Central Bank and Max India with an increase of 11.05% and 11.02% respectively, while the top losers of Group A include Gitanjali Gems and Aurobindo Pharma Ltd. with a decrease of 6.13% and 4.16% along with Pipavav Defence and TV18 Broadcast with a decrease of 3.40% and 3.13% at the close of the markets. The Auto sector is up 207.09 points at 14,700.86 while the banking sector is up 556.58 points at 17,510.44 and the realty sector is up 27.02 points at 1,921.36. The Indian currency is up 0.08% at Rs 59.14 per dollar. Jun 2, 2014
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Producer hands over Shankar's Ai to Reliance?

Director Shankar's Magnum opus, Scifi entertainer 'Ai' is struggling because of financial crisis. Starring Vikram and Amy Jackson, this futuristic film is produced by Aascar Ravichandran. For the last six months there are news about the films budget overshooting. But the producer seemed positive, even announcing a multi crore audio release function. The film was initially planned for a may release. Now there are news that director Shankar wanted to finish the film atleast for a july release. Buzz revealed that Shankar spoke to the producer about handing over the film to bigger banners like reliance so that ai can still make profit. May 29, 2014
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