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Facebook's IPO, expected in a couple of weeks, disclosed the price range of $28 to $35 per share in a regulatory filing on Thursday.

 
 
The net sales of the company rose to Rs 917.71 crore in the quarter under review compared to Rs 746.76 crore in the year-ago period.
The government is keen on making domestic companies meet 70 per cent of the country's defence needs within the next five years.
The California-based Facebook is seeking to raise about $5 billion in the offering, giving the entire company a value of about $100 billion.
The New York Times on April 29 outlined legal methods used by the California-based Apple Inc to avoid paying billions of dollars in federal and state taxes.
Net sales of the company stood at Rs 5,660.48 crore in the fourth quarter of FY12, as against Rs 4,893.67 crore in the same period of FY11.
LIC enjoys Moody's Baa2 rating with a stable outlook, which is higher than the agency's Baa3 sovereign rating for India.
 
 
RIM has rubbished reports that suggested a shift in the company's offerings after the May 2 BlackBerry prototype was unveiled as a touchscreen phone.
As part of a 50:50 joint venture agreement signed in 2007, Fiat and Tata Motors had agreed to a joint distribution network and back-end support.
Subway is present in 50 cities at present and plans to target smaller towns under this expansion drive. It aims to generate employment for another 15,000 people.
Aiming to cut costs by nearly 65%, Essar Group rolls out Windows Azure that offers web-based applications with high performance.
For the 2011-12 fiscal, the company's net sales rose by 29.5 per cent to Rs 5,283.17 crore, as compared to Rs 4,077.43 crore in 2010-11.
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