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B & C

investor’s guide

Expect profit taking to continue In passing week, equity benchmarks upheld the consolidation bias and closed marginally in red amid excessive volatility. In first four sessions we saw markets trading with negative to sideways bias due to uneasiness among the participants.

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‘Grab It’ makes life easy for seniors

 Michael Fisher Even before the break of dawn seniors and elderlies wake up and keep themselves busy doing house chores with `Grab It’, a trash picker tool manufactured by Chinchnim-based Mr Marlon Viegas.

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Lakshmi oldest rice, flour mill runs like new

 By Albert Fernandes Rice milling is the oldest agro processing industry in the world. In neighboring states milling has been upgraded with modern equipment. But in Goa the few mills in existence are unchanged and working on ancient technology. So it is great to know of a large rice mill that is sorely needed by locals.

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Insurance seller achieves the best

Vijay Bhike switched from selling medicines to insurance with great success. He is interested in politics and wants to become a politician eventually

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GOA LAND AHOY! : Alas 18% only

We need jobs for our youngsters; so we need industries; for industries we need infrastructure; for infrastructure we need land which is scarce, discovers Binayak Datta

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Lakaki shines on

Lakaki the first power laundry of Goa recently accomplished another milestone with usage of solar power technology in operations, reports Shoma Patnaik

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Indoco’s R&D eyes Euro millions

MICHAEL FISHER | B&C Indoco Remedies grew from humble beginnings as drug store in Goa in 1945 and snowballed to a turnover of $140 million today as a Mega Corporation. Its growth is attributed to the dynamics and vision of Mr. Govind Ramnath Kare in 1945 and his son Mr Suresh Kare.

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Complaint dismissed on lack of technical proof

By Jatin Ramaiya  Bangalore resident, Ravi Manira, approached the Goa State Consumer Redressal Commission, Panaji, claiming compensation of Rs 95 lakh from Auto Industries Goa, Tata Motors Ltd and Fiat Group Automobile India. Manira said that he had purchased a car Fiat Linea manufactured byFiat Group Automobile India with loan from HDFC Bank, Hubli branch,

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Investor’s Guide

Intra-week volatility expected After three weeks of consolidation markets witnessed decent rebound. The previous week started on strong note with mid-week volatility giving way to higher stock prices towards the end. Better than expected earnings announcements coupled with hopes that the Fed won’t hike interest rates in June helped the markets to move higher.

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Vertical garden livens

Vertical gardening has arrived. Inventive vertical plant compositions are popping up. Raia-based Peter Carvalho, one of the few people engaged in vertical gardens in Goa is creating them in villas, flats and hotels, writes Michael Fisher.

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