Business
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Hyderabad: 30 bank accounts of DFI frozen over Rs 514 cr investment fraud
Hyderabad: The Central Crime Station (CCS) of Hyderabad, investigating Dhanwantari Foundation International Trust’s Rs 514-crore investment fraud, said that they have froze about 30 bank accounts of the trust and floated companies.…
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Hyderabad-based NBFC loses licenses for violating RBI guidelines
Mumbai: The Reserve Bank of India announced the cancellation of licenses for two non-banking financial companies (NBFCs) on Monday, July 8, due to violations of its guidelines, one of which operates in…
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Nothing launches CMF Phone 1 with 50MP camera in India
New Delhi: London-based consumer tech brand Nothing on Monday launched a new smartphone under its sub-brand CMF with a 50MP camera in India. Launched in two variants (6GB+128GB and 8GB+128GB), the new…
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Indian economy among the few where investment rates rose between 2015-2023: Report
New Delhi: The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday. The broad narrative around the pick-up in…
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Welspun One raises Rs 2,275 crore to boost logistics infra in India
Mumbai: Integrated fund and development management platform Welspun One on Monday said it has raised a second fund worth Rs 2,275 crore, inclusive of co-investment commitments, to strengthen logistics infrastructure in the…
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Maruti Suzuki 1st automaker to send 2 mn vehicles via Indian Railways towards ‘green logistics’
New Delhi: In a bid to help the government towards its net zero emissions target by 2070, Maruti Suzuki India on Monday said it surpassed 2 million cumulative vehicle dispatches using Railways…
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Sensex, Nifty trade flat as Titan, bank stocks top losers
Mumbai: Benchmark equity indices on Monday snapped their three-day winning streak and traded flat in the morning hours. At pre-open, Nifty was flat at 24329.45 and the Sensex was lower by 0.1…
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Rupee rises 5 paise to 83.44 against US dollar in early trade
Mumbai: The rupee appreciated 5 paise to 83.44 against the US dollar in early trade on Monday, as the American currency and crude oil prices retreated from their elevated levels. Forex traders…
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Will fight Apple over ‘arbitrary’ changes: Epic Games CEO
San Francisco: The fight between Apple and Epic Games is not over yet and now, Epic Games Founder and CEO Tim Sweeney has said that the App Store owner’s EU Digital Markets…
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Small firms record sharp rise in digital transactions
New Delhi: The use of internet for entrepreneurial purposes such as taking and placing orders online, carrying out transactions online or using UPIs by unincorporated enterprises has increased to 13.5 per cent…
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Hindenburg shared Adani report with client 2 months publishing it: SEBI
The Securities and Exchange Board of India (SEBI) has accused US short seller Hindenburg Research of sharing its report against the Adani Group to one of its clients two months before publishing…
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Market outlook: Budget, inflation data and Fed speech key factors for next week
Mumbai: Indian equity indices closed on a stellar note in July’s first week as Sensex and Nifty posted one-one per cent gains each, while the midcap index rose by more than 2…
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Odisha govt land transfer for Singareni mines will boost Telangana power sector
New Delhi: After approval for handing over 643 hectares of forest land by the Odisha government, decks have been cleared for Singareni Collieries Company Limited (SCCL) to start mining coal in the…
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Parliament’s Union budget session from July 22
New Delhi: Parliament’s Budget Session will be held between July 22 and August 12, Parliamentary Affairs Minister Kiren Rijiju said on Saturday. Union Finance Minister Nirmala Sitharaman will present the budget on…
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Ola exits Google Maps, moves to in-house Ola Maps
New Delhi: India’s major ride-hailing company Ola has exited Google Maps and has shifted to its own Ola Maps for cab operations. Bhavish Aggarwal, co-founder and Chairman of the Ola group said…
