Business
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Set to invest $15-20 bn across businesses in next 5 years: Adani
New Delhi: Adani Group is set to invest $15-20 billion over the next five years across businesses, the company’s Chairman Gautam Adani has said, touting the Group’s strong balance sheet and robust…
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Piyush Goyal commences official visit to France, Italy to boost economic ties
New Delhi: Union Minister of Commerce and Industry, Piyush Goyal, on Sunday commenced his official visit to France and Italy, reflecting India’s continued commitment to deepening strategic and economic ties with key…
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CM Naidu eyes 15 per cent economic growth for Andhra Pradesh
New Delhi: India is on the cusp of becoming the world’s third-largest economy, and Andhra Pradesh is ready to lead from the front, Chief Minister Chandrababu Naidu said on Friday. In his…
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DGCA grants IndiGo 3-month extension for Turkish airlines lease
Mumbai: Aviation watchdog DGCA on Friday granted a one-time final extension of three months to IndiGo on damp leasing of two Boeing 777 aircraft from Turkish Airlines till August 31 to avoid…
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Adani Ports secures Rs 5,000 crore via 15-year non convertible debenture
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said it has successfully raised Rs 5,000 crore through a 15-year Non-Convertible Debenture (NCD). Backed by APSEZ’s strong financials and a…
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India to remain fastest-growing economy, trade talks with US on track: Piyush Goyal
New Delhi: India is an attractive investment destination and has the potential to remain the fastest-growing large economy in the world for the next 30 years, Union Minister for Commerce and Industry,…
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Indian stock market opens flat amid stable institutional investments
Mumbai: The domestic benchmark indices opened flat on Friday amid negative Asian cues, as selling was seen in the IT and auto sectors in the early trade. Stable institutional flows — both…
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Rupee rises 19 paise to 85.29 against US dollar in early trade
Mumbai: The rupee strengthened by 19 paise to 85.29 against the US dollar in early trade on Friday on the back of lower crude oil prices and sustained foreign fund inflows. Forex…
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Bajaj Auto’s Q4 net profit drops sequentially by 18 pc
Mumbai: Bajaj Auto on Thursday reported an 18 per cent drop in its consolidated net profit for the fourth quarter of the financial year 2024-25 (Q4FY25) on a sequential basis. The company…
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RBI to use shredded banknotes in making particle boards
Mumbai: To make banknote disposal more environment-friendly, the Reserve Bank will use shredded banknotes for making particle boards and has started a process to empanel board manufacturers, according to its annual report…
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Rupee declines 10 paise to settle at 85.48 against US dollar
Mumbai: The rupee declined 10 paise to close at 85.48 (provisional) against the US dollar on Thursday due to a strong American currency against major crosses overseas and rising global crude oil…
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Rupee settles 2 paise higher at 85.38 against US dollar
Mumbai: The rupee consolidated in a narrow range and settled for the day higher by just 2 paise at 85.38 against the American currency in a volatile trade on Wednesday, amid a…
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India’s data centre capacity to cross 4,500 MW by 2030
Bengaluru: India’s data centre (DC) market capacity across top seven cities is expected to cross 4,500 MW by 2030, attracting investments to the tune of $20-25 billion the next 5-6 years, a…