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Author: businessreputationdata

Business Updates

Paytm shares fall 19% on plans to scale down loans under Rs 50,000

March 24, 2022By businessreputationdata

The share price hit the lower circuit of 20 per cent after it touched Rs 650.65 apiece.

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Business Updates

Brookfield arm acquires American Tower’s India unit for Rs 21,000 crore

March 23, 2022By businessreputationdata

This will be Brookfield’s third acquisition in the Indian telecommunications space.

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Business Updates

Profitability is not at all-time high; valuations are away from mean, not at extreme: Kalpen Parekh

March 23, 2022By businessreputationdata

Hybrid funds are the solution for that. To make your investing tax efficient, multi asset allocation or hybrid funds are great ways to do it and more so in times like now where one asset class has done well and is at higher valuation and another one is poised to do well.

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Business Updates

Markets decline in early trade amid foreign fund outflows

March 21, 2022By businessreputationdata

Among the Sensex firms, Mahindra & Mahindra, Axis Bank, Kotak Mahindra Bank, Larsen & Toubro, Bajaj Finance and UltraTech Cement were the major laggards.

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Business Updates

DLF sells 1,113 luxury flats in Gurugram for Rs 7,200 cr within 3 days of pre-launch

March 19, 2022By businessreputationdata

Within a year, this is the second successful launch of a residential project from DLF in the Gurugram market.

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Business Updates

Centre set to ban sugar exports for first time in 7 years: Report

March 18, 2022By businessreputationdata

India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of rain has cut cane yields, three government sources said.

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Business Updates

Rishabh Instruments stock climbs over 4% in debut trade

March 17, 2022By businessreputationdata

Rishabh Instruments’ stock began the trade at Rs 460, up 4.30 per cent from the issue price on the BSE. It further jumped 6.49 per cent to Rs 469.65.

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Business Updates

India’s WPI inflation in July stays in negative for fourth month but rises to (-) 1.36%

March 16, 2022By businessreputationdata

“Decline in the rate of inflation is primarily contributed by fall in prices of mineral oils, basic metals, chemical & chemical products, textiles and food products,” the ministry said in a press release.

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Business Updates

‘Cautious optimism’: Experts welcome RBI’s move to continue with pause on repo rate hike

March 14, 2022By businessreputationdata

BankBazaar CEO Adhil Shetty said, “The RBI’s view is that developed economies are nearing a peaking of rates. This is welcome, although inflation is expected to remain elevated for longer than anticipated.”

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Business Updates

Shell hikes diesel prices by Rs 20 a litre

March 14, 2022By businessreputationdata

Shell India has hiked diesel prices by as much as Rs 20 per litre in less than a week’s time, but the dominant public sector fuel retailers continue to keep rates on freeze for a record 18th month in a row.

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