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Colorado's New Year High: Marijuana Conflict Still Exists

The first batch of licenses were given out to owners of cannabis dispensaries in Denver. Earlier in 2012, Colorado had voted for a new law that allowed the production and sale of medical marijuana for recreational use. In the first round, 42 licenses have been issued. Dec 28, 2013
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BSE closes points 115.63 up on Dec 27

New Delhi, Dec 27 (ANI): Trading at the Bombay Stock Exchange today closed 115.63 points up to stand at 21,190.22. At the National Stock Exchange the Nifty closed 34.90 points up to stand at 6,313.80. Gitanjali Gems and Apollo Hospitals Enterprise Ltd. were among the top gainers of Group A with an increase of 11.08% and 6.39% along with Bank of India and NHPC with an increase of 4.09% and 3.95% respectively, while the top losers of Group A include MCX and Aurobindo Pharma Ltd. with a decrease of 4.46% and 3.25% along with Suzlon Energy and Jain Irrigation with a decrease of 3.20% and 3.12% at the close of the markets. The Auto sector is down 30.29 points at 12,288.47 while the banking sector is up 50.00 points at 13,056.60 and the realty sector is up 4.04 points at 1,453.78. The Indian currency is up 0.43% at Rs 61.89 per dollar. Dec 27, 2013
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Anand Sharma wants multinationals to follow TESCO's lead

New Delhi, Dec 19 (ANI): Trade minister Anand Sharma on Thursday said that he expects other multinational organizations to follow TESCO when it comes to investing in India. The UK-based retail major TESCO will get into a strategic alliance with Tata's Trent to open multi-brand retailing in the country. For the project, they have invested $110 million. Taking a note of different strategies that companies may adopt, Sharma said that it is the prerogative of the companies to initiate and firing up their business plans. When raised a query on what will be the Cabinet's stand on the FDI in the pharma sector, Sharma said that the government's stand is firm on the issue. Earlier in 2002, the government had allowed 100 per cent investment. Dec 19, 2013
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BSE closes points 50.14 down on Dec 16

New Delhi, Dec 16 (ANI): Trading at the Bombay Stock Exchange today closed 50.14 points down to stand at 20,665.44. At the National Stock Exchange the Nifty closed 13.70 points down to stand at 6,154.70. Glaxosmithkline Pharmaceuticals Ltd. and Aurobindo Pharma Ltd. were among the top gainers of Group A with an increase of 18.58% and 12.68% along with Indian Hotels and SSLT with an increase of 8.25% and 4.12% respectively, while the top losers of Group A include Sobha Developers Ltd. and Wockhardt with a decrease of 7.75% and 5.44% along with Pipavav Defence and JetAir India with a decrease of 4.90% and 4.49% at the close of the markets. The Auto sector is down 93.25 points at 11,941.09 while the banking sector is down 6.07 points at 12,963.43 and the realty sector is down 1.35 points at 1,338.52. The Indian currency is up 0.23% at Rs 61.98 per dollar. Dec 16, 2013
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BSE closes points 191.08 down on Dec 13

New Delhi, Dec 13 (ANI): Trading at the Bombay Stock Exchange today closed points 191.08 down to stand at 20,734.53. At the National Stock Exchange the Nifty closed 68.65 points down to stand at 6,168.40. Aurobindo Pharma and IPCA Lab were among the top gainers of Group A with an increase of 4.35% and 2.87% along with Tata Motors and Oberoi Realty with an increase of 2.61% and 1.77% respectively, while the top losers of Group A include Jet Air India and Torrent Power with a decrease of 7.29% and 6.09% along with Wockhardt and Jaiprakash Associates with a decrease of 6.08% and 5.44% at the close of the markets. The Auto sector is down 6.54 points at 12,047.11 while the banking sector is down 314.49 points at 12,953.52 and the realty sector is down 26.70 points at 1,341.86. The Indian currency is down 0.57% at Rs 62.16 per dollar. Dec 13, 2013
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