Bajaj Auto may set up first electric vehicle plant in Akurdi
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The Akurdi plant has been out of action since 2007, after rolling out its last two-wheeler. Bajaj Auto is now seriously looking at resurrecting the factory to drive its EV ambitions
SpiceJet allows passengers to pay for tickets in instalments
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«As part of the launch offer, customers will be able to enjoy three months EMI option at no additional cost (no interest),» the airline said in a press release.
Hope outgoing Air India management ensures staff arrear payment before Tata handover: IPG
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In a letter to Air India CMD late Sunday evening, the guild said that it is optimistic about making a fresh start with the airlineâs new owners, at the same time, urged the current dispensation not to exploit the employees as it could potentially lead t
ILFS looking for higher bid for JK tunnel project as pact with Cube lapses
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The tunnel, which cuts the travel time between Jammu and Srinagar by 31 kms, was put on the block in December 2018 after the parent ILFS went belly up two months before.
Easy Trip Planners â making the most of revenge travel
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In the absence of a multiple re-rating, an annual stock return of Easy Trip Planners, mimicking the earnings growth, is likely. Should there be a further positive surprise on the back of non-airline revenue or more aggressive MA, investors could be in for a j
As part of the order, the company will supply and install DF 113/92 - 2.0 MW capacity Wind Turbine Generators with 113 meters rotor diameter and 92 meters hub height.
M-cap of eight of top-10 most-valued companies jumps over Rs 1.18 lakh crore
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A special one-hour Muhurat trading session was held on Diwali (November 4) to mark the beginning of the traditional Hindu calendar year, called #39;Vikram Samvat#39;.
Global trends, Q2 earnings, macroeconomic data to drive market trends this week: Analysts
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FIIsâ behaviour along with inflation numbers from US and China will remain key factors for this week. After an extended weekend, Indian markets are likely to start a fresh week with a positive note on the global backdrop.
Post demonetisation, notes in circulation on rise; so are digital payments
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Five years after the demonetisation, currency notes in circulation continue to rise albeit at a slower pace even as digital payments surge with more and more people embracing cashless payment modes.
Data breach at CDSL#39;s KYC arm exposed 4.39 crore investors#39; data twice within 10 days: CyberX9
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CDSL said that CVL has taken immediate action and the vulnerability has been mitigated now. According to CyberX9, it reported the vulnerability on October 19, to CDSL and the securities depository took around 7 days to fix it which could have been resolved im
India ready to move into next orbit of growth: SBI Chief Dinesh Kumar Khara
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The kind of vaccine drive the country has seen makes all the Indians proud, especially because the domestically produced vaccine is being used in a big way, Dinesh Kumar Khara said at the India Pavilion at EXPO2020 Dubai.
Edtech sector to consolidate in hiring, investments as schools, colleges open: Experts
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The pandemic has drastically changed the way of teaching and learning, and the funding for ed-tech has remained bullish leading to the adoption of advanced technology, growth in both revenue as well as hiring, CIEL HR Services Director and CEO Aditya Mishra t
Diviâs Laboratories Q2 net profit rises 17% to Rs 606 crore
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The company had posted a net profit of Rs 519.59 crore for the corresponding period of the previous fiscal, Diviâs Laboratories said in a filing to the BSE.
Jefferies Groupâs Christopher Wood bullish on Indian equities, Bitcoin: Report
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Christopher Wood also reduced exposure to gold by 5% in his Japanese portfolio in favour of Bitcoin, a move that is being viewed as the cryptocurrency being the better option in hedging against inflation
McAfee nears deal to sell itself to Advent for over $10 billion: Report
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The potential deal comes at a time when the pandemic-driven shift to remote working and a rise in cyber attacks has spurred demand for antivirus and digital security software.
McAfee nears deal to sell itself to Advent for over $10 billion
newsdepo.com
The potential deal comes at a time when the pandemic-driven shift to remote working and a rise in cyber attacks has spurred demand for antivirus and digital security software.
Whistleblowers accuse IndusInd Bank arm of dressing up defaults under evergreening
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Reports said the whistleblowers warned the practice of âadjusting new loan money with overdues from earlier loans is not checked immediatelyâ, the subsidiary would âeat into financials of the parentâ.
Wall St Week Ahead: Some investors look to diversify amid big tech rally
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Technology stocks have soared this year, and their big weighting in the SP 500 has helped push the index to records with a 25.1% year-to-date gain in 2021
Boeing directors agree to $237.5 million settlement over 737 MAX safety oversight
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The proposed agreement, which is being filed in Delaware Chancery Court late on November 5 and was confirmed by Boeing, will require the election of an additional board director with aviation/aerospace, engineering, or product safety oversight expertise withi
Dhanlaxmi Bank Q2 net declines 74% at Rs 3.66 crore on soaring bad assets
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Interest income was down at Rs 229 crore in Q2FY22 from Rs 243.97 crore in Q1FY21, even as the other income was higher at Rs 37.58 crore, as against Rs 5.69 crore.
US lawmakers to vote on historic $3 trillion Biden agenda
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The House of Representatives was expected to pass a $1.2 trillion infrastructure package for Biden to sign into law after taking a procedural vote to advance a social welfare bill, worth up to $1.85 trillion, to the Senate.
Wall Street eyes record open on strong jobs report, Pfizer COVID-19 pill cheer
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The Labor Departmentâs report showed U.S. employment increased more than expected last month as COVID-19 infections over the summer subsided, offering more evidence that economic activity was regaining momentum early in the fourth quarter.
The US economy added 531,000 jobs last month and job gains in the prior two months were higher than originally reported, while the unemployment rate dropped to 4.6 percent, according to government data.
Department of Telecom fixes December 2022 deadline for transition to new IP addresses
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The DoT has set June 30, 2022, as the last date for government organisation for complete transition to IPv6, according to an official note issued on November 2.
Finance Ministry invites suggestions on taxation from industry and trade bodies
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The request for correction of inverted duty structure, if any for a commodity, should necessarily be supported by value addition at each stage of manufacturing of the commodity, it said.
Russia gets partial win in $50 billion case over bankrupt oil giant
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Khodorkovsky was arrested at gunpoint in 2003 and spent more than a decade in prison as Yukosâ main assets were sold to a state-owned company. Yukos ultimately went bankrupt.
India#39;s forex reserves increase $1.9 billion to $642 billion
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Foreign currency assets, a major part of the overall reserves, increased by 1.363 billion to $578.462 billion for the reporting week, the RBI said in the weekly data.
NCLT approves GAIL buying ILFS#39;s 26% stake in OTPC
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OTPC is a special purpose vehicle between Oil and Natural Gas Corporation (ONGC), ILFS Group and Government of Tripura (GoT) for setting up of a 726.6 MW combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura.
In a statement, Cairn Energy PLC said it "plans to change its company name from Cairn Energy PLC to Capricorn Energy PLC, effective from December 31, 2021. The LSE stock ticker will remain as CNEâ.
India to use revenue surge to fund welfare drives, not beat fiscal deficit target: Report
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The country is set to exceed its 2020/21 revenue collection target of 15.45 trillion rupees ($207.77 billion), the first beat in four years, but a big chunk of the extra cash will go to a rural job programme and to provide free cereals to the poor.
The OPEC group of major producers agreed on Thursday to stick to their plan to raise oil output by 400,000 barrels per day (bpd) from December, ignoring calls from U.S. President Joe Biden for extra output to cool rising prices.
