Business
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Adani Group raises Rs 4,850 cr after selling 13.5 pc stake in Adani Wilmar
Ahmedabad: The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar. The conglomerate last month announced its exit from Adani Wilmar…
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Hyderabad: Durgam Cheruvu’s FTL to be fixed in 4 months, says HYDRAA commissioner
Hyderabad: The long-standing issue of demarcating the full-tank level (FTL) of Durgam Cheruvu, which has been a point of contention for the past 25 years, is set to be resolved soon. HYDRAA…
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Hyderabad realtors start removing encroachments after HYDRAA’s intervention
Hyderabad: Real estate companies in Hyderabad occupying lakes and Musi riverbed have started removing surrounding debris dumped in and around the waterbody after the Hyderabad Disaster Response Assets Monitoring and Protection Agency…
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Inflows in open ended equity funds in India up for 46th month in a row
New Delhi: Despite muted equity market performance during the month of December, inflows in open-ended equity funds stayed in the positive zone for the 46th month in a row, industry experts said…
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Goldman Sachs lowers target price of Reliance Industries’ stock
Mumbai: Global brokerage Goldman Sachs on Thursday lowered its target price for Reliance Industries Ltd (RIL), while maintaining ‘buy’ rating for the diversified group. The brokerage reduced Reliance Industries Ltd (RIL’s) target…
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This chairman wants employees to work 90 hours a week
Months ago, Infosys founder Narayan Murthy had come under scrutiny for proposing an 80 hour work week in India. Now, another tycoon wants to increase the working hours of his employees. Larsen…
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Equity fund inflows in India surge over 14 pc in Dec
New Delhi: Actively managed equity mutual fund inflows saw over 14 per cent monthly growth at Rs 41,155.9 crore in the month of December, the data by the Association of Mutual Funds…
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Indian economy expected to clock 6.8 pc growth in 2025-26: Report
New Delhi: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high-frequency indicators, according to a Bank of Baroda forecast.…
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Swiggy launches 15 min food delivery app ‘Snacc’
Amid rising competition in the delivery app market, food and grocery delivery platform Swiggy has launched a separate application, Snacc, promising food delivery in just 15 minutes. The app was launched on January 7 and is…
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HYDRAA chief inspects Turkayamjal lake in Hyderabad
Hyderabad: Hyderabad Disaster Response Assets Monitoring and Protection Agency (HYDRAA) Commissioner AV Ranganath inspected Turkayamjal Cheruvu on Wednesday, 8 January, following complaints of crops and houses in Hyderabad’s Adityanagar being submerged due…
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Congress criticizes downward GDP growth revision
New Delhi: The downward revision of GDP growth estimates for the current fiscal calls for radical action to dispel the cloud of growth slowdown and investment chill in the country, the Congress…
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LG Electronics’ operating profit drops in Q4
Seoul: LG Electronics, South Korea’s leading home appliance maker, on Wednesday estimated its fourth-quarter operating profit decreased more than 53 percent from a year earlier due to global economic uncertainties. Operating profit…
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Indian stock market opens flat, Nifty below 23,700
Mumbai: The domestic benchmark indices opened flat on Wednesday as selling was seen in the auto, IT, PSU bank, financial service, FMCG, metal, realty and media sectors. At around 9.28 am, Sensex…
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Markets regulator SEBI sends notice to Ola Electric
New Delhi: Electric vehicle (EV) company Ola Electric Mobility Limited has received an administrative warning from the markets regulator, the Securities and Exchange Board of India (SEBI), for violating disclosure norms. The…
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LPG connections to households jump over 2-fold in last 10 year
New Delhi: The number of LPG connections for household kitchens in the country has more than doubled to 32.83 crore, as of November 1, 2024, from 14.52 crore in 2014, according to…
