Govt may allow 20% foreign investment in LIC public issue
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The IPO, seeking to raise anywhere between 400 billion to 1 trillion rupees, is looking to offer a stake sale of 5-10 percent, with the government estimating a valuation between Rs 8-10 trillion.
In a press note, the Department for Promotion of Industry and Internal Trade (DPIIT) said foreign investment in telecom services will be subject to the condition of Press Note 3 of 2020.
COVID-hit Kerala tourism sector on revival mode, tourist inflow improves
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During the time of crisis the entire focus of the state government was to instill confidence in the sector so that it would be able to overcome the challenges, Kerala Tourism Minister P A Mohammed Riyas told the state Assembly.
The extended partnership builds on a two-decade long relationship between the two organisations, that began with the implementation of the TCS BaNCS core banking solution in 2001.
Honda Cars rolls out festive offers ranging up to Rs 53,500 on its model line-up
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With the onset of the auspicious period of Navratri, customers can avail a host of attractive offers while purchasing Honda cars across all authorised company dealerships till October 31, 2021.
The round also saw participation of Better Capital and Cloud Capital besides individuals such as Info Edge India Ltd Managing Director and CEO Hitesh Oberoi, Unacademy Co-founder and CEO Gaurav Munjal and Kotak Mahindra Bank Joint Managing Director Dipak Gupt
Delhi court sends Unitech promoter Sanjay Chandra#39;s wife, father to ED custody
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Additional Sessions Judge Dharmender Rana sent Preeti Chandra to ED#39;s custody till October 9, Ramesh Chandra to October 8, and Rajesh Malik till October 11.
BMW group sales cross 1 lakh units since entry; BMW alone sells 93% more cars in Q3
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Following the rest of the industry, the company has also announced a marginal price increase across its models and brands to offset the input cost from this month.
India#39;s sugar export reaches record 7.23 million tons in 2020-21: AISTA
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Maximum exports were undertaken to Indonesia at 1.82 million tonne, followed by Afghanistan (6,69,525 tonne), UAE (5,24,064 tonne) and Somalia (4,11,944 tonne) in 2020-21, it said in a statement.
Govt receives over Rs 2,800 crore dividend from Coal India, ONGC this fiscal
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#39;Government of India has respectively received about Rs 1426 crore from Coal India Ltd and Rs 1406 cr from ONGC as dividend in this FY recently,#39; DIPAM Secretary Tuhin Kanta Pandey tweeted.
Merchants hit by revision in payment norms form an alliance
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The changes on e-mandates effected by the RBI from October 1 are intended to make the ecosystem more robust but with only six banks complying with the revised norms, the preparedness of the banking sector is questionable and there is bound to be value erosio
Why did Facebook, Instagram and WhatsApp shut down?
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Hundreds of millions of people were unable to access Facebook, Instagram and WhatsApp for more than six hours on Monday, underscoring the world#39;s reliance on platforms owned by the Silicon Valley giant.
The San Francisco-based company#39;s revenue grew 55.6 percent to $429.9 million in 2020 from a year earlier, its filing showed. Udemy incurred a net loss of $77.6 million over the same period.
Crude oil above Rs 5,800 a barrel, highest since 2014
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Brent crude has given a breakout above the 50-day moving average, suggesting further upside. OPEC decision to gradually hike production and increasing global demand are expected to support prices, say experts
Vedanta Group eyes buying govt stake in Hindustan Copper
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Talking about the progress with regard to Konkola Copper Mines in Zambia, Agarwal said the government of this African country is in the process of working with the company on the matter.
Zoomcar sets up office in San Francisco ahead of US listing next year
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The new office in the US will further bolster Zoomcar#39;s push to create a global car-sharing platform and prepare the company for its broader global marketplace, a statement said.
The cryptocurrency fell below that level on September 7 amid a broader selloff in shares of cryptocurrency and blockchain related firms that day. It continued to fall in September, hitting a low of $40,596 on September 21.
Confederation of Indian E-commerce announced; to bring govt, industry, consumers on one platform
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CIE, which has been formed as a trust and not-for-profit organisation, will be based out of New Delhi. Key e-commerce companies as well as retail, MSMEs (micro, small and medium enterprises) and farmers associations are being invited to be active members of t
DoT mulls withdrawing cases against telcos involving disputes of Rs 40,000 crore
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In line with this, the Department of Telecom has already filed an affidavit before the Supreme Court in a case against Anil Ambani-promoted Reliance Communications to take an informed decision whether to proceed with the present appeal or not, the source said
Bharti Airtel conducts India#39;s first rural 5G trial along with Ericsson
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The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi-NCR using 5G trial spectrum allocated to Airtel by the Department of Telecom.
Gas price increase positive for ONGC, Reliance Industries: Fitch
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The price for gas from fields that were assigned by the state to oil companies, mainly Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), increased to USD 2.90 per million British thermal units (mmBtu) for October 2021-March 2022, from USD 1.79 p
