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Price wars, depreciation sop fail to prop personal-computer sales
The prevailing price wars and the depreciation benefit of buying before March seems to have had practically very little impact on the sluggish demand for PCs. According to companies, corporates, which are typically the biggest buyers during this period, have not invested the way they were expected to do.
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Aquaculture is eco-friendly, says SEAI
The Seafood Exporters Association of India (SEAI) has taken the help of "The Economist", London, to take on the propaganda against the aquaculture industry by environmentalists.
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Indian Oil shares catch investors' fancy
Indian Oil Corporation (IOCL), one of the "navratnas", has suddenly caught the fancy of investors. The hitherto illiquid scrip is witnessing a spate of negotiated deals, believed to have been triggered off by some Delhi-based brokers.
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Kotak Securities revises BoI's earnings estimate
For the fiscal year ended March 1998, Bank of India's earnings estimates have been revised downward to Rs 405.3 crore. Although the report prepared by Kotak Securities retains the previously assigned "market outperformer" rating for the bank, it has now fixed a lower 12-month target price of Rs 57.
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