Buyback will fuel price manipulation: LC Gupta
The government should not allow companies to buy back their shares as it will provide greater opportunity for stock price manipulation, derivatives committee chairman LC Gupta has said.

Tax-free infrastructure bonds unlikely to take off
Infrastructure companies are not likely to come out with tax-free infrastructure bonds under Section 10(23G) of the Income Tax Act despite the much awaited notification of the Central Board of Direct Taxes (CBDT) last week.

Nikkei-225 seen trapped in a narrow range
Caution is expected to prevail in the Japanese stock market this week, after the recent currency fluctuations and a surprise rate cut by the US Federal Reserve, traders said. The market will also be capped by worries over a continuing credit contraction.

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  Brazilian coffee exports continue unabated
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  Commodity Briefing
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  Diamond firms expect bumper Diwali sale
  Spot, futures end weak
  "Small chemical traders will feel the pinch"
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  US interest rate cut to spur gold buying