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INDIAN FACE 

Indian shares close near one-month high on Monday as 
shares such as Tata Steel gained after promising 
manufacturing data at home and in China eased concerns 
about slowing economies. An HSBC survey showed on 
Monday that Indian manufacturing returned to growth last 
month as a strong rise in orders pushed factories to step 
up production.

Larsen and Toubro Ltd rose 2.3 percent it was evaluating 
options "for Monetisation" of assets belonging to its unit 
L&T Infrastructure Development Projects Ltd. 

Indian Oil Corp gained 1.2% it would raise retail prices of 
diesel by 1%, or 0.57 rupees from Sunday in line with a 
plan to gradually align them with international prices.

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