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Business

IPR waiver plea for Covaxin

At a time the World Trade Organisation (WTO) is preparing to hunker down to debate a contentious proposal to g...

HDFC springs a surprise

The largest mortgage lender in India on Friday topped analyst estimates as it clocked a 42 per cent growth in ...
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Reserve Bank's bond auction sold out

A Rs 32,000-crore bond auction conducted by the Reserve Bank of India (RBI) was fully sold even as the markets...

Downside risks from 2nd wave

The second wave of the coronavirus pandemic has posed a downside risk to economic activity in the April-June q...

WhatsApp scraps privacy policy update

WhatsApp has scrapped its May 15 deadline for users to accept its controversial privacy policy update and said...

Kesoram Industries to consider equity issue

The board of Kesoram Industries will meet on May 14 to consider raising funds by way of equity with the aim to...

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Business  /  Published 05.05.21

Huawei, ZTE barred

Chinese players such as Huawei and ZTE do not figure among the firms approved on Tuesday by the Modi government for the six month trials for use and application of 5G technology. “The applicant...
By Our Special Correspondent in New Delhi

Business  /  Published 05.05.21

Realty: all eyes on follow-up

The follow up action of the Bengal government after the Supreme Court struck down the state legislation on housing industry would determine if the developers, buyers and aggrieved consumers of existin...
By Sambit Saha in Calcutta

Business  /  Published 05.05.21

Banks ask RBI for 3-month loan moratorium

Banks have urged the Reserve Bank of India to grant another loan moratorium for a period of three months to all borrowers in order to head off the prospect of loan defaults as the economy once again s...
By Our Special Correspondent in Mumbai

Business  /  Published 05.05.21

Bengal realty Act struck down

...
By Our Legal Correspondent in New Delhi

Business  /  Published 04.05.21

Sensex slumps 465 points to close below 49,000

Market benchmark Sensex tumbled 465 points on Tuesday, tracking losses in index heavyweights Reliance Industries, HDFC twins and Infosys despite a positive trend in global equities. The 30-share BSE ...
By Our Bureau, Agencies in Mumbai

Business  /  Published 04.05.21

Sensex surges over 200 points in early trade

Market benchmark Sensex jumped over 200 points in early trade on Tuesday, tracking gains in index majors ICICI Bank, HDFC Bank and Axis Bank amid a mixed trend in global equities. The 30-share BSE in...
By Our Bureau, Agencies in Mumbai

Business  /  Published 04.05.21

Aramco offers stock & cash for O2C biz

Reliance Industries is reportedly in talks with Aramco under which the Saudi oil behemoth could pick up a 20 per cent stake in the oil-to-chemicals business that the Mukesh Ambani-owned conglomerate p...
By Vivek Nair in Mumbai

Business  /  Published 04.05.21

Kotak Bank net rises

Kotak Mahindra Bank’s net profits rose 33 per cent for fourth quarter ended March 31 to Rs 1,682.37 crore from Rs 1,266.60 crore a year ago. However, this number came a tad below analyst estimat...
By Our Special Correspondent in Mumbai

Business  /  Published 04.05.21

Verizon close to Yahoo deal

Verizon once saw media as the future, the linchpin of a strategy to give customers something they couldn’t get elsewhere at a time when all mobile offerings were essentially the same. It has a d...
By Edmund Lee, Lauren Hirsch in New York

Business  /  Published 04.05.21

April truck rentals fall

The slump in factory output has sparked an 18-27 per cent drop in truck rentals on trunk routes during April against the rates on a sequential basis in the open market. This has prompted truckers to s...
By Our Special Correspondent in New Delhi


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