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Author: businessreputationdata

Business Updates

Shriram Finance consolidated net profit jumps 26.6% in June qtr to Rs 1,712 crore

March 13, 2021By businessreputationdata

State-owned Indian Bank posted a 41 per cent increase in net profit at Rs 1,709 crore in the April-June quarter, mainly due to decline in bad loans.

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Business Updates

IMF raises India growth forecast for FY24 to 6.1%

March 13, 2021By businessreputationdata

Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case.

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Business Updates

Zepto most preferred startup for professionals in India: LinkedIn ranking

March 13, 2021By businessreputationdata

LinkedIn on Wednesday released its ‘Top 20 Indian Startups List’, an annual ranking of emerging companies where professionals want to work, based on the hiring platform’s data of almost 1 crore members.

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Business Updates

India’s reliance on crude oil imports rises to 87.8% in April-September

March 12, 2021By businessreputationdata

The reliance on imported crude in April-September was also higher than the previous fiscal’s 87.4 per cent, which was the highest-ever for a full year

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Business Updates

IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning

March 12, 2021By businessreputationdata

State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net profit of 12,967.32 crore in the three months to September 30 – more than half of its best-ever annual profit in just one quarter.

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Business Updates

Amid refinery maintenance season, petroleum product exports dip to 6-month low

March 11, 2021By businessreputationdata

As of October 29, India’s petroleum product exports in October stood at 1.15 million barrels per day (million bpd), the lowest since April’s 1.04 million bpd, as per Kpler data.

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Business Updates

Tata Group’s Air India plans to start flights to Los Angeles, Boston

March 11, 2021By businessreputationdata

Group company Adani Ports and Special Economic Zone Ltd (APSEZ) operates the Mundra Port which is the largest integrated transport utility in India.

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Business Updates

Vishnu Prakash R Punglia IPO to open on August 24; sets price band at Rs 94-99/share

March 9, 2021By businessreputationdata

Vishnu Prakash R Punglia’s IPO comprises a fresh issue of 3.12 crore equity shares with no offer-for-sale (OFS) component.

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Business Updates

Go First revival: DGCA to conduct special audit of airline next week in Delhi, Mumbai

March 8, 2021By businessreputationdata

With the revision, a one-year term deposit with post offices will now earn 0.1 percentage higher point at 6.9 per cent and for the two years tenor — 7 per cent (up from 6.9 per cent).

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Business Updates

Adani group units in talks to tap local bond market to raise Rs 15 billion: Report

March 6, 2021By businessreputationdata

Two units of Adani group are in talks with merchant bankers to raise as much as 15 billion rupees ($181 million) each through local currency bonds as part of the ports-to-power conglomerate’s aim to raise 100 billion rupees this financial year, Reuters reported.

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