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JSW Energy up on slashed duties on imported coal

Wall Street has increasingly bet that Apple will this year return cash to shareholders, taking a cue from Chief Executive Tim Cook's comments about "active discussions" at the top levels about the matter.

Shinzo Nakanishi, Managing Director, Maruti Suzuki India
Shinzo Nakanishi, Managing Director, Maruti Suzuki India

Shares in power producer JSW Energy rose nearly 4 per cent in early trade on Monday after custom duties on imported coal were slashed in the fiscal 2012/13 budget.

Other power utilities reliant on coal also gained, with Adani Power up 0.6 per cent.

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