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BSE Sensex crawls to higher close ahead of GDP data; Auto cos shine Equity benchmarks finished higher Thursday after trading in a narrow range for most part of the day. Dealers attributed the late spike to squaring of short positions in the derivatives segment, today being the settlement day for May series. OFS update: 9 companies completes mandatory public share holding Nine companies have offloaded shares on Thursday via offer-for-sale (OFS) to comply with Sebi's minimum public shareholding norms. These companies are Adani Enterpries, Essar ports, Jet Airways, Novartis etc. See FY13 GDP over 5%, CRR cut in June: SBI's Chaudhuri Pratip Chaudhuri, Chairman, State Bank of India is more optimistic of India's economic growth than most economists who see GDP growth below the 5 percent mark. Anil Ambani's statement as witness will bolster case:CBI Central Bureau of Investigation chief Ranjit Sinha said Anil Ambani's statement as witness in the ongoing 2G case trial will help to bolster the case.   Power Finance Corp eyeing sizeable stake in state-run bank Government-owned power sector lender Power Finance Corp Ltd is looking to buy a stake in a state-run bank and also plans to set up a private equity fund jointly with Tata Capital. Hewlett Packard may sell entire stake in MphasiS Shares of information technology company MphasiS  closed up 8 percent on news that the parent company Hewlett Packard is looking to sell its entire stake in the company, valued at Rs 5800 crore.   SAIL Q4 net down 72% on higher interest cost State run Steel Authority of India’s ( SAIL's )  March quarter profit declined 72 percent year-on-year to Rs 477 crore on higher employee cost which went up 36 percent to Rs 2473 crore. Mahindra & Mahindra beats street; Q4 net up 2% to Rs 889cr Utility vehicle maker Mahindra & Mahindra reported a better-than-expected fourth quarter net profit of Rs 889 crore, up near 2 percent year-on-year. Tata Power turns corner with Q4 net profit at Rs 181 cr Tata Power Company, one of the largest private power producers in India, turned profitable with fourth quarter consolidated net profit at Rs 181 crore as against loss of Rs 629 crore on good operational performance.   Bengali filmmaker Rituparno Ghosh dies of heart attack Award winning Bengali filmmaker Rituparno Ghosh passed away in Kolkata, he was 49. Heart attack is said to be the reason of his death. CBSE class X results declared Central Board of Secondary Education declared its class X results at 10 am on Thursday. This is the first set of results since the optional board rule came into effect. From this year onwards, grades will replace marks. By: Team Moneycontrol