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Business

Amazon bid to block Future deal

Amazon.com Inc has moved the Delhi high court to block Future Group from selling its retail assets to Reliance...

Fuel duty cut unlikely

Motorists may not get any immediate relief from the high petrol and diesel prices as the finance ministry does...
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Kotak Bank net profit up 11%

Private sector lender Kotak Mahindra Bank’s consolidated profit after tax (PAT) grew 11 per cent to Rs 2...

Bombay high court denies bail to Kapoor

The Bombay high court on Monday  refused to grant bail to Yes Bank founder Rana Kapoor, who is accused in...

Thumbs-up to Grasim paints foray

Investors on Monday gave a thumbs-up to Grasim Industries’ plan to foray into the paints segment. On th...

RIL stock battered, cedes ground to TCS

Reliance Industries’ decision to stop showing its refining margins in its quarterly numbers pulled down ...

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Business  /  Published 24.01.21

Budget drill in new form

The countdown for the Union Budget 2021, to be presented on February 1, began with the traditional ‘Halwa ceremony’ in the North Block on Saturday. A customary Halwa ceremony is performed...
By Our Special Correspondent in New Delhi

Business  /  Published 23.01.21

JSW Steel net rises for Dec 2020

JSW Steel on Friday reported a manifold jump in its consolidated net profit to Rs 2,669 crore for the December 2020 quarter. The private sector steel maker had clocked a net profit of Rs 187 crore in ...
By PTI in New Delhi

Business  /  Published 23.01.21

Mitra seeks fiscal leeway

Bengal finance minister Amit Mitra has written a letter to Union finance minister Nirmala Sitharaman on relaxing the limits under Fiscal Responsibility and Budget Management Act (FRBM), release of tax...
By Our Bureau in Calcutta

Business  /  Published 23.01.21

Cabinet move to end GAIL monopoly

The Union cabinet may soon consider the oil ministry’s proposal to set up an independent gas pipeline operator which would end the monopoly of state-owned GAIL in the pipeline business. The pet...
By Our Special Correspondent in New Delhi

Business  /  Published 23.01.21

Bid to regulate top NBFCs like banks

The Reserve Bank of India (RBI) on Friday proposed a four-layered regulatory structure for non-banking financial companies (NBFCs) with a progressive increase in the intensity of regulation leading to...
By Our Special Correspondent in Mumbai

Business  /  Published 23.01.21

Indian Bank board approves cash plan

The board of Indian Bank on Friday has approved a capital raising plan of Rs 7,000 crore. This includes raising an equity capital of Rs 4,000 crore through qualified institutional placements, a follow...
By A Staff Reporter in Calcutta

Business  /  Published 23.01.21

Sharp slide from 50000

Profit booking amid weak global cues played spoilsport as the Sensex fell 746 points after touching 50000 on Thursday even as the Nifty fell below the 14400 mark. Market experts are guiding for more ...
By Our Special Correspondent in Mumbai

Business  /  Published 23.01.21

Reliance profit up 12 per cent

Buoyed by a strong performance from Jio, Reliance Industries (RIL) on Friday beat Street estimates to post a 12.55 per cent growth in net profits for the December quarter of 2020. The oil-to-telecom ...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.21

Sensex tanks 746 points

    Equity benchmark Sensex plunged 746 points to close at 48,878.54 on Friday, tracking losses in index majors Reliance, HDFC twins and ICICI Bank amid a weak trend in global markets. Th...
By Our Bureau, Agencies in Mumbai

Business  /  Published 22.01.21

Sensex, Nifty open lower in line

  The BSE benchmark Sensex fell 152.69 points or 0.31 per cent to 49,472.07 in early trade on Friday, tracking subdued Asian markets. Likewise, the broader NSE Nifty dropped 54.35 points or 0.3...
By Our Bureau, Agencies in Mumbai


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