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Author: businessreputationdata

Business Updates

Geopolitics, political uncertainty pose greatest threats to business growth: Report

May 17, 2022By businessreputationdata

In terms of risks and threats, the KPMG survey found that disruptive technology has emerged as the primary threat to organisational growth for CEOs in India and around.

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Business Updates

Softbank pares 2.5 pc stake in logistics firm Delhivery worth Rs 739 crore

May 16, 2022By businessreputationdata

According to the bulk deal data available with the NSE, Softbank through its affiliate SVF Doorbell (Cayman) Ltd sold 1,83,05,480 shares, amounting to a 2.5 per cent stake in Delhivery.

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Business Updates

Inflation to remain ‘well above’ 6% in Q2, stagflation risk low: RBI article

May 15, 2022By businessreputationdata

In July, consumer price index (CPI)-based inflation rose to a 15-month high of 7.44 per cent from 4.81 per cent in June. The rise in inflation in July was driven primarily by increase in prices of vegetables, cereals, pulses, spices and milk and products,

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Business Updates

Trade deficit hits record high in October driven by gold imports

May 15, 2022By businessreputationdata

Festive demand also boosted Silver imports which leaped 125 per cent to $1.31 billion, official data released by the Commerce and Industry Ministry on Wednesday showed.

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Business Updates

Mahindra & Mahindra profit jumps 98% in June quarter

May 15, 2022By businessreputationdata

Revenue from operations during the quarter rose 22 per cent year-on-year to Rs 24,056 crore. “The company has open bookings of SUVs at 281,000 as on August 1, 2023, reflecting continued strong automotive demand,” it said.

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Business Updates

P&G India announces Rs 300 cr fund for startups, innovators for supply chain solutions

May 14, 2022By businessreputationdata

P&G Supply Chain Catalyst Fund will provide an opportunity to startups and innovators to collaborate with Procter & Gamble (P&G) India on customising business solutions, accelerating its journey towards Supply 3.0 initiatives, the company said.

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Business Updates

Conditions favourable for private investment to pick up: RBI Governor

May 13, 2022By businessreputationdata

RBI Governor Shaktikanta Das said key sectors including iron and steel and automobiles, are already witnessing private investments.

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Business Updates

IMF reclassifies India’s exchange rate regime to ‘stabilised arrangement’, faces RBI pushback

May 11, 2022By businessreputationdata

The IMF reclassification followed the Reserve Bank of India’s likely forex interventions where the rupee traded in a “very narrow range, suggesting intervention likely exceeded levels necessary to address disorderly market conditions,” IMF said in the report.

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Business Updates

India’s exports decline 7% to $34.48 billion in August

May 9, 2022By businessreputationdata

During April-August this fiscal, exports contracted by 11.9 per cent to $172.95 billion.

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Business Updates

Stock markets close higher on fag-end buying; snap two-day losing streak

May 9, 2022By businessreputationdata

The 30-share BSE Sensex rose by 204.16 points or 0.31 per cent to settle at 66,174.20 in a volatile trade. The During the day, it hit a high of 66,256.20 and a low of 65,906.65.

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