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The Mint Report for 07 September 2010

The Mint Report for 07 September 2010
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First Published: Wed, Sep 08 2010. 01 15 AM IST
Updated: Wed, Sep 08 2010. 11 07 AM IST
With $9.8 billion of debt to be reclaimed by this summer, Tata Steel is looking for buyers for its South African unit and has also decided to sell its UK-based Teesside operation.
Spice Jet announced it would begin flying internationally, starting off with Nepal and Sri Lanka.
Growing demand in vehicle market has made India’s largest automaker, Maruti, all set to hike production capacity by a remarkable 46%.
An extended monsoon season in Maharashtra is delaying the crushing process of sugarcane. The harvest is expected to swell past 75 million tones of sugar.
Markets inched up on Tuesday; the Sensex was up 85 to 18645 while the Nifty was also up, 27 to 5604.
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First Published: Wed, Sep 08 2010. 01 15 AM IST