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Business Updates

Sharing of investor data with SEBI: FPIs get seven months to liquidate their holdings

February 16, 2022By businessreputationdata

“There is no immediate deadline or cliff for FPIs to liquidate any holdings,” sources said. Sebi had earlier asked FPIs to bring down such exposure by January 29, 2024.

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Business Updates

Industrial production growth rises to 14-month high of 10.3 pc in August

February 15, 2022By businessreputationdata

The previous high was recorded at 12.6 per cent growth in June 2022. The IIP growth for July has been revised to 6 per cent from 5.7 per cent provisional estimates released last month.

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Business Updates

Govt brings in Goods and Services Tax Network under PMLA ambit

February 13, 2022By businessreputationdata

In October 2022, RIL said it would demerge its financial services undertaking into RSIL, which will be renamed Jio Financial Services Ltd (JFSL).

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Business Updates

TCS shares drop over 1% after Q2 results

February 12, 2022By businessreputationdata

In late morning trade, the stock dived 1.62 per cent to Rs 3,551.25 apiece on the NSE. On the BSE, TCS shares declined by 1.6 per cent to Rs 3,552.60 per piece, emerging as the biggest loser among Sensex shares.

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Business Updates

Sikkim project destroyed by flood may receive only a part of insurance claim

February 12, 2022By businessreputationdata

The 1,200 MW project is run by Sikkim Urja Ltd (formerly Teesta Urja), which is 60 per cent owned by Sikkim Power Investment Corporation Ltd (SPICL). Asian Genco TUL Pte Ltd owns 30.16 per cent stake in the company.

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Business Updates

Boeing front-runner in wide-body jet talks with IndiGo: Report

February 12, 2022By businessreputationdata

Boeing has emerged as the front-runner to secure an order for around 25 wide-body planes from IndiGo, industry sources told Reuters on Monday, as India’s biggest airline deepens its international expansion with new destinations.

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Business Updates

FMCG firm Onest Ltd files IPO papers with Sebi

February 12, 2022By businessreputationdata

The government has invited applications from exporters to allocate quota for exports of wheat to Bhutan during 2023-24 on humanitarian and food security grounds.

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Business Updates

Arunachal Pradesh is Reaping the Benefits of Sustainable Tourism Practices: Nakap Nalo

February 11, 2022By businessreputationdata

In an interview on the sidelines of Green Tourism India Conclave, Shillong, Nakap Nalo, Minister for Tourism, Arunachal Pradesh, talks about the state’s responsible tourism practices and recent achievements

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Business Updates

Among Sensex firms, 83% sexual harassment cases from IT, banking in FY23

February 11, 2022By businessreputationdata

The data also shows a marked decline in cases in the pandemic years of FY21 and FY22 — 398 and 476, respectively. Experts said a lack of awareness and incomplete company policies may have failed to capture instances of online sexual harassment.

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Business Updates

Formal economy getting more digital and transparent for lenders… there’s clarity in credit book: Federal Bank MD

February 9, 2022By businessreputationdata

Srinivasan says rural demand has started picking up. He believes that inflation, which is currently above the Reserve Bank of India’s (RBI) comfort zone, is trending in the right direction.

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