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United will not sell Van Nistelrooy cheaply says Ferguson

LONDON, July 18 (Reuters) Manchester United will not sell disaffected striker Ruud van Nistelrooy cheaply, according to manager Alex Ferguson.

''You can absolutely guarantee that we're not going to give Ruud away,'' Ferguson was quoted as saying on United's official web site today during their tour of South Africa.

Ferguson said last week that the Dutch World Cup striker had asked to leave United and there was interest from Real Madrid and Bayern Munich.

Van Nistelrooy had a disappointing end to the 2005/06 season in which he was dropped by Ferguson.

''There's a possibility that Ruud will go,'' Ferguson said.

''There have been bits of interest in him, but no one at this moment has reached our asking price.

''It's no surprise, really, that he asked to go, but when you see that Andriy Shevchenko went for 30 million pounds (54.59 million dollar), he's a similar age to Ruud and their record in Europe is almost identical.'' Shevchenko joined Premier League champions Chelsea from AC Milan in May but the fee was not disclosed by the club.

REUTERS DH PM1645

Nickel prices shot up by Rs 30 per kg

Mumbai, July 18 (UNI) Nickel cathode prices shot up by Rs 30 per kg on increase of fresh demand, according to traders at the Bombay Metal Exchange today. In ferrous section, copper utensils prices declined by Rs 300 per quintal on sustained heavy selling pressure. In non-ferrous section, copper wire bars and aluminium ingots prices increased by Rs 300 and Rs 100 per quintal respectively on reduced stock supply. Nickel cathode shot up by Rs 30.....

SBI pays Rs 440.07 cr dividend to RBI

Mumbai, Jul 18: State Bank of India's (SBI) Chairman O P Bhatt has handed over a cheque of Rs 440.07 crore to Reserve Bank of India's Governor Dr Y U Reddy, the dividend for the financial year 2005-06 on SBI share held by RBI.SBI declared a dividend of 140 per cent for the financial year 2005-06 compared to 125 per cent in the previous fiscal year, according to a SBI release issued here today.UNI.....

Select seeds costlier; RBD Palmolein eases

Mumbai, July 18 (UNI) Prices of select seeds rose on improved demand while RBD Palmolein oil eased on thin buying support, according to traders at the Bombay Commodity Exchange (BCE) today. Following are the spot rates of oilseeds, oil and de-oiled cakes (all figures in rupees) as provided by the BCE here: Oilseeds per quintal Oils per 10 kg De-oiled cakes per MT Grd' kernel.....
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