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Business

Bengal Chamber caught in a pickle over property tax

Bengal Chamber of Commerce — the country’s oldest representative body for business interests &mdas...

PM pitch for investment

Prime Minister Narendra Modi has rolled out a red carpet to foreign investors by reiterating his government&rs...
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Reliance Industries seals fuel retail deal with BP

Reliance Industries on Thursday finalised a deal with BP in fuel retail following which BP paid $1 billion to ...

TCS net dips 14% in Covid-hit first quarter

Tata Consultancy Services (TCS) on Thursday reported a sharp 13.8 per cent fall in net profit in the Covid-rav...

TCS net dips 14% in Q1

Tata Steel on Thursday said its consolidated sales fell 22.8 per cent to 5.28 million tonnes (mt) during the J...

Flipkart buys into Arvind Youth Brands

Flipkart, the Walmart owned online commerce player, is investing Rs 260 crore in Arvind Youth Brands, the subs...

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Business  /  Published 07.07.20

Monopoly in city gas distribution sales to end

The Centre is planning to open up the city gas distribution business to competition, which will end the monopoly of Mahanagar Gas Ltd in Mumbai and Indraprastha Gas Ltd in Delhi as consumers get to pi...
By Our Special Correspondent in New Delhi

Business  /  Published 07.07.20

HDFC Bank cuts marginal cost of funds-based lending rate

HDFC Bank on Tuesday joined the list of lenders to reduce their marginal cost of funds based lending rate (MCLR) in a move that will make loans cheaper to its customers. The bank went for the rate cu...
By Our Special Correspondent in Mumbai

Business  /  Published 07.07.20

Unitech boss gets interim bail

The Supreme Court on Tuesday granted interim bail to Unitech promoter Sanjay Chandra, who is in jail since August 2017 for allegedly siphoning off home buyers’ money, on “humanitarian grou...
By Our Special Correspondent in New Delhi

Business  /  Published 07.07.20

HDFC Bank loan uptick fires stocks

At the inter-bank forex markets, the rupee pared initial gains to settle lower  by two paise at 74.68 against the dollar because of rising crude oil prices and dollar buying by importers. While ...
By Our Special Correspondent in Mumbai

Business  /  Published 07.07.20

Covid: Rajiv Bajaj faces heat

Rajiv Bajaj, the outspoken managing director of Bajaj Auto who believed in herd immunity and that  everybody below 60 years should return to work, is now finding his radical views being put to te...
By Our Special Correspondent in Mumbai

India  /  Published 07.07.20

ED files money-laundering case against GVK group, MIAL

The Enforcement Directorate (ED) has filed a money laundering case against the GVK group, the Mumbai International Airport Limited (MIAL) and others to probe alleged irregularities to the tune of Rs 7...
By PTI in New Delhi

Business  /  Published 07.07.20

Gold bonds are a safe bet

Brokerages and wealth managers are advising investors to increase their exposure to gold through bonds and ETFs in the present scenario of softer interest rates and volatile stock markets. Portfolio ...
By A Staff Reporter in Calcutta

Business  /  Published 06.07.20

Lockdown: India’s tea output falls 54%

India’s tea production declined 54 per cent to 39.02 million kg in April because of the nationwide lockdown to control Covid-19, according to data from the Tea Board. The output had stood at 84....
By Our Bureau in New Delhi

Business  /  Published 06.07.20

TCPL makes quick comeback to normalcy

The Covid-19 pandemic had a mixed impact on the business of Tata Consumer Products Ltd — the food and beverage company from the Tata stable. TCPL, formerly Tata Tea and Tata Global Beverages, s...
By Our Special Correspondent in Calcutta

Business  /  Published 06.07.20

Adani Transmission buys power asset in Bengal

Adani Transmission on Monday said it has entered into an agreement with Kalpataru Power Transmission Ltd (KPTL) to acquire Alipurduar Transmission Ltd. The enterprise value for the project is ascribe...
By Our Bureau in New Delhi


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