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Buzzing Stocks
· Shipping Corporation of India is looking to spend around $3bn on expansion activities over the next three years.
· Dalmia Bharat Enterprises, the new company handling the cement, power and refractories business of Dalmia Cement (Bharat) Ltd., plans to invest `2,500Cr to set up two greenfield cement plants in Karnataka and Meghalaya.
· L&T has bagged a `716Cr infrastructure contract from the Department of Transport, Abu Dhabi, for the construction of Sheikh Khalifa Interchange, which is 75 km from Abu Dhabi and intersects Abu Dhabi’s Dubai main road linking the two emirates.
· Financial services company Muthoot Fincorp has tied up with US-based ‘not-forprofit’ Accion International to boost its lending in the beleaguered micro-finance sector.
· Dabur India is giving its juice brand 'Real' an image makeover as part of its strategy to garner sales of `700Cr from its food division in the next three years.
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