Business
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India’s growth story remains intact, real GDP likely to grow at 7.2 pc in FY25: RBI Guv
New Delhi: India’s growth story remains intact as its fundamental drivers – consumption and investment demand – are gaining momentum, the RBI Governor Shaktikanta Das has stressed, adding that the country is…
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Telangana HC bars rice millers from transferring their immovable assets till Nov 5
Hyderabad: The Telangana High Court has barred rice millers engaged in legal proceedings with the state government, from alienating their immovable properties till November 5, when the final verdict will be pronounced.…
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UAE retailer LuLu Group to sell 25% shares in IPO
In a significant move, United Arab Emirates (UAE) retail giant LuLu Group International on Monday, October 21, announced its plan to sell 25 percent of its shares through an initial public offering…
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Rupee gains 1 paisa to 84.06 against US dollar in early trade
Mumbai: The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic…
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Hyundai Motor India set to make stock market debut after record IPO
New Delhi: The Indian subsidiary of South Korean automotive giant Hyundai Motor is set to make its stock market debut this week following a record initial public offering (IPO), according to industry…
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Maldivian President decides to introduce India’s UPI in Maldives
Male: Maldivian President Mohamed Muizzu has decided to take the necessary steps to introduce India’s Unified Payment Interface (UPI) in the Maldives. The move is expected to bring significant benefits to the…
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Market Outlook: PMI data, Q2 results and FII data key factors fornext week
New Delhi: The outlook for the market for next week will be guided by the major domestic and global economic data such as India Nikkei S&P Global manufacturing and services PMI data,…
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Kotak Mahindra Bank Q2 results: Net profit rises 4.8 pc to Rs 3,344 cr
New Delhi: Kotak Mahindra Bank on Saturday, October 19 reported a net profit of Rs 3,344 crore in the July-September period (Q2 FY25), up 5 percent from Rs 3,191 crore in the…
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Adani Group donates Rs 100 cr to Young India Skill University in Telangana
Hyderabad: Adani Group chairperson Gautam Adani donated Rs 100 crores to Telangana’s proposed Young India Skill University, during his meeting with Telangana chief minister Revanth Reddy on Friday, October 18. According to…
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Sensex, Nifty slump as unabated foreign fund outflows drag markets lower
Mumbai: Equity benchmark indices slumped in early trade on Friday, falling for the fourth day running, amid relentless foreign fund outflows and selling in Infosys shares after its second quarter earnings failed…
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Adani Enterprises raises $500 million via QIP to push growth plans
Ahmedabad: Adani Enterprises Limited (AEL) on Thursday said it has successfully raised $500 million (about Rs 4,200 crore) primary equity via qualified institutional placement (QIP) to further its growth plans. The flagship…
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L&T Technology Services net profit rises to Rs 320 crore in Q2
Mumbai: IT major L&T Technology Services Ltd reported a net profit of Rs 320 crore in the July-September quarter of FY 2024-25 on Wednesday, up 2 per cent in comparison to Rs…
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Ahead of Diwali, Centre announces 3 percent hike in DA for employees
New Delhi: Union Cabinet led by PM Narendra Modi on Wednesday approved a 3 per cent increase in dearness allowance (DA) and dearness relief (DR) for Central government employees and pensioners. The…
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Indian market trades lower, Nestle and Infosys among top losers
Mumbai: The Indian stock market began trading on a lower note on Wednesday, as Nestle and Infosys were among the top losers in the morning trade. The BSE Sensex began trading at…
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Global smartphone market grows 2 pc, iPhone 16 makes Apple biggest brand in Sep
New Delhi: Global smartphone market grew 2 per cent in the July-September period – the first year-on-year growth in a third quarter since Q3 2018 — as Apple became the biggest brand…
