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Tata Sons surpasses Centre as the largest promoter of listed companies
Mumbai: At a time when Indian equity market rallied to record high levels, Tata Sons emerged as the largest promoter of listed companies in India.It overtook the Centre, in terms of promoter of listed companies, by the end of 2020.…
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Interest, Inflation and Interventions weakened Indian rupee in 2020
Mumbai : India's interest rates, high inflation and Reserve Bank's market interventions weakened the rupee despite a massive inflow of direct and market-linked foreign investments during the pandemic-impacted year.While…
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Piping hot: India’s steel production grows as year draws to a close
New Delhi: Even before the start of the new year, the Indian steel sector has regained its lost shine registering a growth of 3.5 per cent in crude steel production in November.According to data provided by the World Steel Association,…
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Retailers look at 2021 with cautious optimism
Mumbai: Covid-hit retailers are looking at the upcoming year 2021 with cautious optimism, shows a survey by the Retailers Association of India (RAI).The Retail Business Survey indicated a steady month-on-month recovery for retail…
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Sensex crosses 47,300-mark, rises over 300 points
Mumbai: Healthy foreign fund inflows in the back of positive global cues lifted the key Indian equity indices during the mid-afternoon trade session on Monday with the BSE Sensex rising over 300 points.Accordingly, the S&P BSE Sensex…
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Businesses improving, India Inc expecting better results in 2021: Survey
New Delhi: The opening up of the economy and implementation of a broad set of measures under the Atmanirbhar Bharat package have led to a continuous improvement over time in the performance of businesses, with India Inc expecting even…
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Blue Yonder aims growth in India business with Yantriks acquisition
New Delhi: Digital supply chain company Blue Yonder expects to surpass the anticipated growth trajectory in India with the expansion of its operations in the country, post the acquisition of Yantriks, a SaaS provider of commerce and…
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Home sales revive, rise 20 per cent in October: PropEquity
New Delhi: Housing sales in October increased 20 per cent in October on a month-on-month basis across the top seven cities, to 27,061 units, said a report by PropEquity.In September, a total of 22,469 housing units were sold.Despite the…
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Glenmark Pharmaceuticals and Menarini enter into exclusive licensing agreement for commercializing…
Pune: Glenmark Pharmaceuticals Ltd. (Glenmark), a research-led global integrated pharmaceutical company, today announced that its Swiss subsidiary, Glenmark Specialty S A, has entered into an exclusive licensing agreement with Menarini…
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Know how US-China trade war has benefited Surat traders
Surat: On one hand, COVID19 led to shut down of many industries and businesses while on the other hand exports of gems and jewelry has doubled. India has received an order for gems and jewellery this Christmas due to a trade war between the…
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