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Sashidhar Jagdishan Will Be Next CEO Of HDFC Bank
Mumbai: The Reserve Bank of India (RBI) on Tuesday cleared the name of Sashidhar Jagdishan as the next chief executive officer (CEO) of HDFC Bank. Jagdishan's selection confirms HDFC Bank’s outgoing Chief Aditya Puri’s recent comments that…
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India Restricts Entry of Chinese Firms in Commercial Coal Mines
New Delhi : The central government has tightened the rules for companies from countries sharing land borders with India to participate in the ongoing auction of coal mines for commercial exploitation. The Ministry of Coal has…
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Sensex loses over 400 points, Nifty below 11,000 mark
Mumbai, Aug 3 (IANS) The key Indian equity indices declined on Monday morning with the BSE Sensex losing over 400 points and the Nifty50 on the National Stock Exchange (NSE) falling below the 11,000 mark.Heavy selling in banking and…
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New Rules: Important Changes Will Introduce In Insurance Policy And In Financial Rules From 1st…
New Delhi: With July near to end and starting August 1, a lot of money-related, insurance policy and other rules will change. In fact, there are going to be some important changes in the financial rules which will impact your life from next…
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Flipkart acquires Walmart India’s wholesale business
Mumbai: Flipkart said its wholesale unit will acquire Walmart India’s cash-and-carry business that owns the Best Price brand, as the eCommerce giant looks to scale its business-to-business vertical. Walmart India employees will transition…
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Mukesh Ambani now fifth world richest man
Mumbai: Mukesh Ambani, the chairperson of Reliance Industries Ltd, is now the world's richest man after surging past Warren Buffet, according to Forbes.The 63-year-old is now worth $74.6 billion, surpassing Berkshire…
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RIL AGM : Jio-Google Joins Hands to Make India 2G-Free
Mumbai : Both Reliance Industries and search engine Google will work together to make India 2G free. For this, Google has announced an investment of Rs 33737 crore in RIL's telecom arm Jio. In return, Google will get 7.7 percent stake…
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After Mukesh Ambani become world sixth-richest person, see how netizens respond
New Delhi: After the chairman of Reliance Industries Limited surpassed Warren Buffett’s last week, with a worth of $72.4 billion.He was appreciated on twitter, by saying, “He is like a God”…
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Sensex gains 250 points tracking Asian markets
Mumbai, July 9 (IANS) The key Indian equity indices rose over 250 points on Thursday morning in line with a positive trend in the Asian indices.Healthy buying was witnessed across sectors during the trade so far.Around 10.15 a.m., Sensex…
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Sensex trims gains after opening 173 points higher
Mumbai, July 7 (IANS) The key Indian stock indices pared major initial gains amid choppy trade on Tuesday morning.The BSE Sensex, which had opened 173 points higher at the intra-day high of 36,660.35 is currently trading just 62 points…
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