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Anil Ambani's new charge against DGH, RIL
Anil Ambani group company RNRL has now alleged that upstream oil and gas regulator V K Sibal is acting at the behest of Reliance Industries Ltd (RIL) in exchange for undue favours and sought intervention of the Supreme Court in a petition filed today.

Large-scale faculty positions in IITs, IIMs
Centrally-funded technical Institutions, including IITs and IIMs, are suffering due to about 25 per cent shortage of faculty, the Lok Sabha was told today.

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Lloyds Banking to raise $22.3 billion in rights issue
Lloyds Banking Group Plc, the UK’s biggest mortgage lender, plans to raise a record 13.5 billion pounds ($22.3 billion) in the country’s biggest rights offering, selling shares at a 59.5 per cent discount. The bank gained in London trading.
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Ansal Infra to raise Rs 203 cr

Real estate developer Ansal Properties & Infrastructure today said that it will raise Rs 203 crore through issue of shares on prefertial basis and issue of warrants. - Omaxe launches Rs 100 cr township proj in Allahabad - Ackruti City Q1 net profit dips 95% to Rs 7.20 cr - Don"t follow Chinese in establishing SEZs: Book - Credai welcomes cut in stamp duty on residential projects - Puravankara budget housing project gathers steam - Puravankara Projects net down 70% In a filing to the Bombay Stock exchange, the company said that it will raise funds by issuing up to 1.65 crore warrants to promoters and promoters group through preferential issue. In addition it will issue up to 1.26 crore of equity shares of Rs 5 each, by way of preferential issue to IPRO Funds Ltd, Mauritius, a registered Foreign Institutional Investor (FII). The company will place the matters before the shareholders at the Annual General Meeting on September 29, 2009. The shares of Ansal infra was trading at Rs 80.55 down 4.53 per cent from its previous close.


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