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Business

Fresh Videocon bids sought

Lenders to Videocon Industries Ltd executed a neat somersault on Monday when they decided to seek fresh bids f...

Budget work set to begin

The fourth budget making process of Modi 2.0 will kick-start from October 12. This budget will have to address...
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Voda unlikely to take equity conversion

Vodafone Idea will use the four-year moratorium allowed by the government but is unlikely to take the equity c...

HDFC Bank, Paytm in card tie-up

HDFC Bank will launch co-branded credit cards along with Paytm. This marks the first aggressive alliance struc...

MF skin-in-game rules eased

The Securities and Exchange Board of India (Sebi) on Monday gave some relief to the mutual fund industry from ...

SpiceJet eyes Boeing payout

Low-cost carrier SpiceJet is expected to finalise its compensation deal with Boeing next month. The US-based ...

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Business  /  Published 17.09.21

Sensex ends 125 points lower

Equity benchmark Sensex ended 125 points lower on Friday after scaling a fresh record peak of 59,737 in early trade, as investors booked profits at higher levels. After gyrating 866 points during the...
By Our Bureau, PTI in Mumbai

Business  /  Published 17.09.21

Sensex on a roll, at 59.5k

Equity benchmark Sensex rallied over 400 points to scale a fresh peak of 59,550.88 in early trade on Friday, tracking gains in index majors Bajaj Finance, HDFC twins and ICICI Bank amid sustained fore...
By Our Bureau, PTI in Mumbai

Business  /  Published 17.09.21

Bengal sops for data centres

The Bengal government will provide stamp duty and registration fee waiver as fiscal incentives for a period of five years to companies willing to set up data centre infrastructure in the state.  ...
By A Staff Reporter in Calcutta

Business  /  Published 17.09.21

RBI defends reverse repo rate action

RBI deputy governor Michael D Patra on Thursday defended the asymmetric cuts in the repo and the reverse repo rate, saying that a sharper reduction in the latter allowed companies and the government t...
By Our Special Correspondent in Mumbai

Business  /  Published 17.09.21

Sensex crosses 59000

The Sensex on Thursday scaled past the 59000-mark, buoyed by the steps announced by the government to help the telecom and the auto sectors even as banking stocks rallied ahead of a Rs 30,000-crore gu...
By Our Special Correspondent in Mumbai

Business  /  Published 17.09.21

Govt starts AI bid evaluation

The Centre has started the evaluation process of the bid documents for Air India as it looks to complete the exercise by the end of this year. The last date for the financial bids was W...
By Our Special Correspondent in New Delhi

Business  /  Published 17.09.21

Voda viability doubts linger

Shares of Vodafone Idea (VI) on Thursday surged close to 26 per cent on the bourses after the government announced a relief package for the telecom sector. However, concerns still remain with observe...
By Our Special Correspondent in Mumbai

Business  /  Published 17.09.21

Rs 30,000 crore bad bank prop

Finance minister Nirmala Sitharaman on Thursday said the government would provide Rs 30,600 crore guarantee to the newly formed National Asset Reconstruction Company Limited (NARCL) or the bad bank.&n...
By Our Special Correspondent in New Delhi

Business  /  Published 16.09.21

Cabinet nod to bad bank proposal

The Union Cabinet has cleared a proposal to provide Rs 30,600 crore government guarantee for security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad ...
By Our Bureau, PTI in New Delhi

Business  /  Published 16.09.21

Sensex, Nifty at all-time high

The BSE Sensex scaled the 59,000-mark for the first time on Thursday, propelled by gains in Reliance Industries, ITC and ICICI Bank amid unabated foreign fund inflows and positive cues from European m...
By Our Bureau, PTI in Mumbai


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