Business
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Sensex gains 170 points in early trading ahead of the Budget
Mumbai: Scrips opened on a firm note on Friday ahead of the interim Union Budget with the Sensex gaining over 170 points. At 10:00 am, the S&P BSE Sensex was up 170…
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Tokyo shares close up more than 1% on dovish Fed
Tokyo: Tokyo shares gained more than one percent Thursday following overnight rallies on Wall Street, as the US Federal Reserve voiced a cautious stance about future rate hikes. The benchmark Nikkei 225…
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European stock markets climb at open
London: European stock markets climbed at the start of trading on Thursday following strong gains in Tokyo and on Wall Street. London’s benchmark FTSE 100 index rose 0.4 percent to 6,967.01 points.…
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4.78 lakh more houses sanctioned under Pradhan Mantri Awas Yojana
New Delhi: The Ministry of Housing and Urban Affairs has approved construction of another 478,670 affordable houses for the urban poor under the Pradhan Mantri Awas Yojana, it was announced on Thursday.…
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Equity markets surge a day before Budget, Sensex up 665 points
New Delhi: Equity markets witnessed a sudden surge on Thursday, a day ahead of the interim Budget as investors expected sops for the middle class and farm sector. The benchmark BSE index…
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Tech startups which made their mark in 2018
New Delhi: Mostly funded by the founders, start-ups can be best defined as baby companies. With start-ups come innovations, creations, new products, more job opportunities and the confidence to other young minds…
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Simba – India’s first craft beverage brand associates with Lakme Fashion Week and India Art Fair
New Delhi: Simba – India’s first craft beverage brand – debuts as the official beer partner at two of India’s iconic, craft-oriented events – Lakme Fashion Week and India Art Fair. In…
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Infosys arm to revive lake in Karnataka
Bengaluru: Global software major Infosys’ philanthropic arm on Thursday said that it will restore the Panchakalyani lake in Karnataka’s Mandya district. “The Foundation will restore the lake by cleaning the tank, removing…
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Health Minister confers ‘Award of Appreciation’ to Rajiv Nath of AIMED for his contribution to global healthcare
New Delhi: Rajiv Nath was conferred with the prestigious ‘Award of Appreciation’ by Ashwini Kumar Choubey, Minister of State for Health & Family Welfare for his contribution to the Global Public Healthcare…
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ZestMoney aims to disburse skill loans worth $100 mn
New Delhi: ZestMoney, India’s largest digital consumer lending company, on Thursday announced plans to grant over USD 100 million in skill loans to executives in 2019. The company has partnered with Byjus,…
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I am utterly disappointed, hurt, shocked, says Chanda Kochhar after her termination as ICICI Bank CEO-MD
New Delhi: Chanda Kochhar, who was on Wednesday sacked as CEO and MD of ICICI Bank nearly four months after her resignation from the key posts, has said that she is “utterly…
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Shares marginally up at opening, ICICI Bank gains
Mumbai: Indian shares gained marginally on Thursday with market experts expecting sops and schemes from the interim Union Budget before the general elections due in April. At 10:15 am, the S&P BSE…
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Markets open on positive note on Thursday
Mumbai: The 30-scrip Sensitive Index (Sensex) on Thursday opened on a positive note during the morning session of the trade. The Sensex of the BSE opened at 35,805.51 points and touched a…
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OLX strengthens presence in India’s real estate, doubles its business seller base in 2018
New Delhi: OLX, India’s largest online classifieds marketplace for Auto, Real Estate and Goods and Services with 40 million monthly active users, has strengthened its position in the real estate category with…
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Uber to start speedboat services in Mumbai from February 1
Mumbai: Hoping to tap waterways transportation in the country’s commercial capital, Maharashtra Maritime Board (MMB) has partnered with Uber to launch UberBOAT from February 1, a senior Uber official said here on…
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Amazon India’s Chandramouli Godhandaraman joins hiver as head of engineering
New Delhi: Bengaluru-based SaaS platform Hiver, an email collaboration tool for teams, announced the appointment of Chandramouli Godhandaraman as its Head of Engineering. In this role, he will be responsible for driving…
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Kia Motors begin trial pduction at India plant
Anantapur: South Korean automotive major Kia Motors on Tuesday commenced trial production at its India plant in Anantapur district of Andhra Pradesh with plans to commercially launch its first vehicle in the…
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Bajaj Auto profit jumps 16% to Rs 1,102 crore
Mumbai: Bajaj Auto Limited on Wednesday reported profit after tax of Rs 1,102 crore during October to December 2018, up 16 per cent from Rs 952 crore in the same period of…
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DHFL stock falls over 10% after Cobrapost allegations
MUMBAI: Dewan Housing Finance Corp (DHFL) continued to witness heavy selling pressure on Wednesday, falling over 10 per cent, a day after news website Cobrapost claimed that the primary promoters of DHFL…
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DCM Shriram reports 19% jump in net revenues
New Delhi: DCM Shriram Limited has reported a 19 per cent rise in its net revenues to Rs 2,115 crore during the third quarter ending December 31, 2018, from Rs. 1,784 crore…
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Markets open in green territory with Sensex up 108 points
Mumbai: Indian shares opened mildly in the green on Wednesday with the S&P BSE Sensex up 108 points at 35,701 at 10:00 am. The Nifty 50 was also ruling 24 points high…
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US dollar rebounds amid Brexit uncertainty
New York: The US dollar bounced on Tuesday as the British pound extended losses against the greenback, after a much-anticipated amendment to postpone Brexit was rejected by the British Parliament. In late…
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US stocks close mixed amid earnings, economic data
New York: US stocks closed mixed as investors digested a batch of corporate earnings reports and key economic data. The Dow Jones Industrial Average on Tuesday rose 51.74 points, or 0.21 percent,…
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Sensex up 200 points, Nifty above 10,700
Mumbai: The Sensex on Wednesday opened over 200 points higher while the Nifty reclaimed the 10,700 mark owing to strong gains in banking stocks. The BSE Banking index gained over 1 percent.…
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Fabindia presents Indian spring, the Chikankari collection
New Delhi: Fabindia, India’s largest lifestyle retail brand, announces the launch of Indian Spring, the fresh new Chikankari collection. Timeless, versatile and handcrafted the new range seamlessly blends the modern and the…
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Mohammed Mansoor receiving award at 38th International Congress of NRI’s
New Delhi: The Indian business diaspora across the globe convenes at the annual International Congress of NRI’s of Indian Origin conclave on the eve of the Republic Day to honor the best…
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Sensex ends lower over caution over budget, global cues
Mumbai: Concerns over a rise in US-China trade tensions along with caution ahead of the interim budget kept the major equity indices in a tight range and eventually led them to end…
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Sensex ends 64 points lower, Nifty settles at 10,652
Mumbai: Uncertainties in the global market and caution ahead of the interim budget kept the major equity indices in a tight range on Tuesday, which lead to both key indices ending on…
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Sensex down 150 points as US-China tension looms large
Mumbai: Sensex and Nifty traded lower following the Asian stocks during Tuesday’s afternoon session after the US brought criminal charges against Chinese telecom giant Huawei that could escalate the US-China trade tensions.…
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Zee Media independent director quits after company ‘upheavals’
MUMBAI: The massive plunge in Zee Entertainment Enterprises Ltd (ZEEL) stock last week following a media report which said that Zee promoters Essel Group was involved in money laundering has had a…
