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Shares of Kirloskar Ferrous Industries have rebounded 29% in the last three months thereby reducing the one-year fall to 22%. Analysts are optimistic about the company's capacity expansion and costsaving initiatives.
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Daily flights to the Mexican capital will start in late October, the airline said. American is also launching a brief seasonal service to Querétaro, Mexico, late this year.
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The deal is expected to close in the second half of the year.
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News and Media
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