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Forex traders said the strength of the American currency in the overseas market and a muted trend in domestic equities weighed on the local unit. Moreover, risk-off moods and firm crude oil prices weighed on the local unit.
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Speaking at the 'Global Fintech Fest 2022' (GFF 2022), he noted that a major shift towards a more equitable distribution of investment across sectors including insurtech and wealthech, etc, has started taking place.
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On September 9, India banned the export of broken rice with immediate effect. The export policy for the commodity was revised from "free" to "prohibited".
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In a temporary measure to rationalise cost, airline SpiceJet has decided to place nearly 80 pilots on leave without pay for a period of three months.
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Penguin India announced the publication of 'Engineered in India: From dreams to billion-dollar Cyient' by BVR Mohan Reddy.
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Hyderabad: IT services company DE Shaw India, which is celebrating 25 years of its presence in Hyderabad, launched a new campus in Ivy at Jubilee Hills. The new campus is now spread over 78,000 sq ft and has a capacity to accommodate 400 people. The company has plans to add two more floors to the […]
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According to industry sources, the Nord smartwatch is likely to be launched in India in the first week of October.
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CNBC first reported on Monday that several of the employees being laid off as part of the "restructuring exercise" worked on the Ola app.
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Net direct tax collections stood at Rs 7.01 lakh crore for the current fiscal till September 17, showing a 23 per cent rise over the corresponding period of last year.
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A delegation of Haryana State Industrial Development Corporation (HSIDC) has visited the Telangana Industrialists Federation MSME Green Industrial Park as part of their study tour.
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Risks to the inflation outlook are skewed to the upside due to uncertainty around food inflation trajectory (sowing for rice, pulses is lower YoY), changes in global commodity prices and possibility of imported inflation if exchange rate weakens amid dollar strength, the report added.
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Formed in May 2017 to pursue EPC business interests in India and the subcontinent, as a relatively new company, ECIL's rise was initially slow, yet steady.
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Foreign fund outflows and fears of recession in the global economy have dented investor sentiments.
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At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell to 79.82, registering a decline of 11 paise over its last close.
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Those interested can now buy iPhone 14, iPhone 14 Pro, Apple Watch Series 8 and Apple Watch SE from Apple Authorised resellers and Apple Store Online in the country.
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Recently, the tipster also revealed that the Galaxy S23 will have the same 6.1-inch display, but it will be slightly longer and wider than the existing model and the extra 0.15mm bezels explain how.
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Earlier, definition of small companies under the Companies Act, 2013 was revised by increasing their thresholds for paid up capital from "not exceeding Rs 50 lakh" to "not exceeding Rs 2 crore" and turnover from "not exceeding Rs 2 crore" to "not exceeding Rs 20 crore".
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To begin with, Airtel edge computing platform backed by IBM Cloud Satellite will power Maruti Suzuki's initiatives to streamline plant productivity and quality operations.
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After four continuous sessions of gains, the 30-share Sensex plunged 530.36 points or 0.88 per cent to 60,040.72 points while the Nifty declined 150.75 points or 0.83 per cent to 17,919.30 points.
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On Tuesday, the rupee appreciated by 36 paise to close at an over one-month high of 79.17 against the dollar.
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TReDS is a mechanism to facilitate the discounting of invoices for MSMEs from corporate buyers through multiple financiers.
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Ahmedabad/New Delhi: Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn will make one of the largest ever investments of Rs 1.54 lakh crore in setting up India’s first semiconductor plant in Gujarat. The 60:40 joint venture of Vedanta-Foxconn will set up a semiconductor fab unit, a display fab unit, and a semiconductor assembling and […]
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Hyderabad: Hyderabad saw 7.2 million sqft of gross leasable area (GLA) in malls during January to June this year. This is about 7.7% of the country’s (top eight Indian cities) total mall stock of 92.9 million sqft. About 3.9 million sqft (52%) of Hyderabad’s mall space is classified as Grade A, the highest share of […]
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Hyderabad: The pharmaceutical exports from India from April 2021 to March 2022 stood at $ 24.6 billion (about Rs 1.94 lakh crore. These exports were just 0.71% more than $ 24.4 billion recorded during 2020-21. In 2020-21, the growth was 18% over $ 20.7 billion achieved during 2019-20, said Ravi Uday Bhaskar, Director General of […]