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Business Updates

UK economy fares worse than expected in July as strikes weigh

January 8, 2021By businessreputationdata

All major sectors in the UK — services, manufacturing and construction — declined in July, official data showed.

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Business Updates

LPG price cut, Ujjwala expansion could cost over Rs 37,000 crore annually

January 7, 2021By businessreputationdata

The government on Tuesday announced the price cut, which was implemented by public sector oil marketing companies (OMCs) on Wednesday.

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Business Updates

Gold Silver Rates Today (November 8): Gold prices rise marginally, silver cheaper by Rs 477 per kg

January 6, 2021By businessreputationdata

Spot gold remained unchanged at $1,968.11 per ounce by 0247 GMT after sinking to its lowest since October 24 on Tuesday. The US gold futures were changed a bit at $1,974.70.

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Business Updates

Hyundai inks asset purchase agreement to acquire General Motors’ Talegaon plant

January 5, 2021By businessreputationdata

Hyundai Motor India signed an asset purchase agreement to acquire and assign identified assets related to General Motors India’s Talegaon plant in Maharashtra.

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Business Updates

IndiGo taking range of measures to deal with aircraft on ground situation: CEO

January 5, 2021By businessreputationdata

IndiGo told shareholders that a whole range of mitigating measures are being taken to deal with the situation arising out of grounded aircraft and it is working hard to again have a positive net worth for the company.

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Business Updates

Sensex slips 242 pts, Nifty down to 20,133 ahead of US Fed meet; PSU Bank index gains over 3%

January 3, 2021By businessreputationdata

Domestic equities snapped their record-breaking winning run on Monday and ended in negative ahead of US Fed Reserve meeting.

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Business Updates

Key infra sector growth at 5-month high of 8.2% in June

January 1, 2021By businessreputationdata

Current CEO Uday Kotak’s term ends in December this year, and as per RBI’s new rules on limiting the tenures of CEOs, he cannot continue in the office.

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Business Updates

US auto workers target Detroit Three with first simultaneous strike

December 31, 2020By businessreputationdata

The strikes involving a combined 12,700 workers will take place at assembly plants operated by Ford in Wayne, Michigan, GM in Wentzville, Missouri and Stellantis’ Jeep brand in Toledo, Ohio.

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Business Updates

Deadline for mandatory use of Aadhaar-based payment for MGNREGS not to be extended beyond August 31

December 31, 2020By businessreputationdata

The deadline for implementing Aadhaar-based payment system as the only mode of payment to workers under national rural job guarantee scheme MGNREGS will not be extended beyond August 31, PTI reported quoting government sources.

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Business Updates

Centre should partner with foreign govts, form global body on AI regulation: TRAI

December 31, 2020By businessreputationdata

The reliance on imported crude in the first quarter (Q1) of the current financial year (FY24) was also higher than the previous fiscal’s 87.4 per cent–the highest-ever for a full year.

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