Resuming India operations after a decade, Qantas to launch Delhi-Sydney flight in December
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Qantas Group CEO Alan Joyce said these tri-weekly non-stop flights will initially be meant for Australian citizens but expects tourists from India to use the service once the countryâs borders reopen to international visitors
What people are saying about China Evergrande Group
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Shares of Evergrande, which is saddled with more than $300 billion in liabilities, rose as much as 8 percent early on October 22 after it wired funds to a trustee account for a bond interest payment
LIC Housing Finance Q2 net profit down 69% to Rs 247.86 crore on higher provisioning for bad loans
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Gowd said business gradually improved towards the end of first quarter in line with the overall sentiments, which is reflected in higher disbursements in the second quarter.
Bharti Airtel#39;s Rs 21,000 crore rights issue subscribed 1.44 times
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The applications received in the rights issue are subject to verification and clearing payments, as applicable, and finalisation of the basis of allotment," the company said in a regulatory filing.
South Indian Bank reports net loss of Rs 187 crore in Q2 on higher bad loans
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Total income during the July-September quarter of 2021-22 also dropped to Rs 1,746.03 crore from Rs 2,115.71 crore in the same period of the previous fiscal, South Indian Bank said in a regulatory filing.
Amazon to increase annual Prime membership fee to Rs 1,499, monthly fee at Rs 179
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The spokesperson added that the price of prime membership in India will be changing very soon, and the company will announce the exact date of the price change at a later time.
Reliance shareholders approve appointment of Aramco Chairman on board
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Disclosing the results of shareholder votes on the appointment, Reliance in a regulatory filing said 98.03 per cent of votes were cast in favour of the resolution to appoint Al-Rumayyan for three years.
Reliance shareholders approve appointment of Aramco Chairman Yasir Al-Rumayyan on board
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Disclosing the results of shareholder votes on the appointment, Reliance in a regulatory filing said 98.03 per cent of votes were cast in favour of the resolution to appoint Al-Rumayyan for three years.
Crypto startup FTX Trading valued at $25 billion after mega funding round
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The financing, led by investors including Ontario Teachers#39; Pension Plan Board, Temasek and Tiger Global, is a continuation of an earlier Series B funding round from July, when the two-year-old startup raised $1 billion from SoftBank, Temasek and other inv
Syngene International Q2 net dips 21% to Rs 67 crore
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Revenue from operations, however, increased to Rs 610.2 crore in the second quarter as against Rs 519.6 crore in the year-ago period, Syngene International said in a regulatory filing.
Coal shortage: 59 thermal power plants have less than four days of fuel stocks
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The number of plants with one day of coal stocks came down to 21 with 25,810 MW capacity as on October 20 as against 27 projects with 36,140 MW capacity as on October 13.
SEBI penalises 2 persons for violating insider trading norms in Mindtree case
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Through two separate orders, the watchdog imposed a fine of Rs 1 lakh each on Uday Kiran Lingamaneni and Virat Kumar Yerramalla, who were employees of Mindtree at the time of violation.
Gold prices marginally dip to Rs 47,469/10 gm on global cues; silver touches Rs 65,000 a kg
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Patel expects gold prices to trade sideways to up with COMEX spot gold resistance at $1800 and support at $1770 per ounce. MCX Gold December support lies at Rs. 47200 and resistance at Rs.47800 per 10 gram.
Novartis signs new deal to help produce Pfizer/BioNTech vaccine
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Novartis has been using its factory in Stein in Switzerland to produce more than 50 million doses this year of the mRNA Covid-19 vaccine developed by German startup BioNTech and US drugmaker Pfizer.
Natural gas futures slip ahead of EIA inventory report
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Natural gas has been trading higher than 50, 100, and 200-day simple and exponential moving averages but lower than the 5 and 20 days SMA and EMA on the daily chart.
Indian Railways may start hiring younger candidates, hold common exams
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Students who have completed Class 12 may be shortlisted through a separate exam conducted by the Union Public Service Commission and offered structured degree and diploma courses tailor-made for the rail transport sector
Airports set to increase revenue after Tata Group takes over Air India
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The takeover of Air India by the Tatas is expected to increase the number of business-class and transfer passengers, improve operational efficiency, and payment of dues on time, all of which will benefit airports.
COVID effect: When the weakest quarter becomes the strongest for airlines
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The Covid pandemic upended quarterly trends for airlines. With tourism and business travel opening up, States relaxing regulations, and international travel set to resume, how long will it take for airlines to return to profitability?
Sitics Logistics eyes Rs 1,500 crore revenue in five years
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Company charts out expansion, digitisation and acquisitions as the route. Already, the company has transitioned from a South India-based player to a pan-India player, expanding from five states to more than 20
Australia should change laws to accommodate crypto, Senate report says
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The report, published by the Senate#39;s Committee on Australia as a Technology and Financial Centre on October 20, also calls for clarity on rules about when banks can refuse to deal with a business customer involved in cryptocurrency
SEBI levies Rs 50 lakh fine on 5 entities, also bans them from securities market
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SEBI noted they are repeatedly executed synchronised trades and created a misleading appearance of trading in the scrip without any intention of change in ownership of the security
Facebook and the dangers of single-minded focus on profit maximisation
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A whistleblower has alleged that Facebook Inc ignored the negative impact of its platforms and chose profits over people. While stakeholders benefit in the short-run, such decision-making may break shareholder trust and question the sustainability of business
SC rejects bail plea of ex-Amrapali director Shiv Priya on medical grounds
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Amrapali Group#39;s ex-directors Anil Kumar Sharma, Shiv Priya, and Ajay Kumar are behind bars on the top court#39;s order since 2019 and multiple cases have been lodged against them for allegedly diverting homebuyers money.
US employers may have to #39;pay more#39; amid labor shortage: Janet Yellen
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Companies nationwide are struggling to find workers to fill open positions, especially service firms like restaurants and hotels, while big employers like Amazon and Walmart have raised wages amid a massive push to bring in more workers ahead of the holiday s
The company added 45 new clients in the second quarter this fiscal, taking its total client count to 649 (LTM) as compared to 651 (LTM) in the first quarter of the financial year 2021-22.
Analysis-Eat or be eaten? Food delivery apps have knives out as pandemic boom fades
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Investor sentiment has turned in 2021 in anticipation of a return to normal, but experts say consumers#39; ordering habits have likely changed permanently.
Renault eyes bigger production cut as chip shortage rumbles on
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The supply problems would cost Renault, which is set to publish its third-quarter sales on Friday, over a third more than the 220,000 lost vehicles it forecast in early September.
Havells Q2 profit drops 7.34% to Rs 302.39 crore, sales up 31.6%
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Havells Its revenue from operations rose by 31.65 per cent to Rs 3,238.04 crore during the period under review as against Rs 2,459.49 crore in the corresponding period of the last fiscal.
Gold prices jump above Rs 47,500/10 gm on firm global trend, festive demand; Silver costlier by Rs 1,386 a kg
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The broader range on COMEX could be between $1,755-1,790 and on the domestic front, prices could hover in the range of Rs 47,050- 47,650, said Navneet Damani, VP â Commodities Research at Motilal Oswal Financial Services..
Online learning firm Udemy targets nearly $4 billion valuation in U.S. IPO
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The company is the latest in a string of online education firms looking to cash in on the demand for new listings in the US, after Coursera Inc and Nerdy Inc went public earlier this year.
Online learning firm Udemy targets nearly $4 billion valuation in US IPO
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The company is the latest in a string of online education firms looking to cash in on the demand for new listings in the US, after Coursera Inc and Nerdy Inc went public earlier this year.
