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Mumbai: GMR Infrastructure Ltd has chosen Apollo Hospitals for establishing a medical centre within the passenger terminal building at the new Hyderabad international airport at Shamshabad.

In a release, GMR Infrastructure stated that Apollo Hospitals will establish a medical centre that stretches over an area of more than 300 square meters in Level B of the passenger terminal building and first aid kiosks in the passenger restricted areas,.

Sharmila Joshi of Asit C Mehta advocates that IFCI and India Cements are brilliant stocks, and investors can make quick gains once they invest in both at lower levels.

Joshi told, "IFCI and India Cements are buys and one of the reasons why IFCI corrected sharply was the fact that you suddenly had this news item that they would maybe reconsider their stand of selling the stake at all and the whole down turn that one saw was because of that because the results have been strong and the stock has been buzzing on back of this news. If it resurfaces and if gets confirmed then there is a good upside to IFCI."

Raebareli: Sonia Gandhi guaranteed to provide full

Leading logistics & courier service provider, Gati filed a fantastic jump of 52.19% in net earnings for the quarter ended June 30, 2007, paced by enhanced operating margin and solid other income.

The company saw an increase in net profit to Rs 72.90 million from Rs 47.90 million during the quarter as compared to the corresponding period of the last year.

Oil prices came up to USD 77 per barrel, nearing an record high on July 27, on buying supported by news of faster-than-expected economic development.

But, retail gas prices fell to their lowest level since late May.

Light, sweet crude for September delivery climbed up USD 2.07 to USD 77.02 per barrel on the NYMEX.

The gasoline rates for next month delivery grew 2.58 cents to USD 2.1017 per gallon after decreasing earlier. Gasoline futures finished the week 6.26 cents, lower by 2.9%.