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Business Updates

44% rise in value of home sales in 9 months

December 19, 2020By businessreputationdata

Overall sales value of homes sold in nine months was highest in the Mumbai Metropolitan Region (Rs 1.64 lakh crore) followed by NCR (Rs 50,188 crore).

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Business Updates

India’s sunflower imports to falter as Red Sea attacks lift freight costs

December 18, 2020By businessreputationdata

The world’s biggest sunflower oil buyer typically sources most of its imports from the Black Sea region via the Red Sea. However, recent Houthi attacks have compelled shipping companies to reroute trade between Europe and Asia around Africa, increasing time and costs.

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Business Updates

Elevate Your Interior Design with TRUTONEx White Cement-Based Distemper Paint

December 18, 2020By businessreputationdata

This flexibility means that you can use TRUTONEx for a wide range of interior projects, whether it’s to refresh your bedroom, update your living room, or even add a touch of personality to your kitchen.

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Business Updates

Tata Motors unit signs MoU to set up 10,000 EV charging points

December 18, 2020By businessreputationdata

Since inception, TPEM has been maintaining a close collaboration with Tata Power to develop charging infrastructure, resulting in over 4,900 public chargers across the country.

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Business Updates

Markets fire on all cylinders: Sensex, Nifty end at new closing highs

December 18, 2020By businessreputationdata

At the interbank foreign exchange, the domestic unit opened at 81.90 against the dollar and settled at 82.02 (provisional), down 11 paise from its previous close.

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Business Updates

TCS announces Rs 17,000 crore buyback; profit rises 8.7% in Q2

December 17, 2020By businessreputationdata

The buyback is approved at a price of Rs 4,150 per equity share, a 15 per cent premium over Wednesday’s closing price.

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Business Updates

Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head says

December 15, 2020By businessreputationdata

Fossil fuel prices are down from 2022 peaks, but “markets are tense and volatile,” said the IEA in the report.

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Business Updates

Freight rates have doubled due to Red Sea disruptions: Official

December 15, 2020By businessreputationdata

This comes after global shipping giant Maersk on Friday decided to extend its diversion of vessels from the Red Sea for the “foreseeable” future, sparking fears of a sharp rise in freight and insurance cost for Indian products.

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Business Updates

Russia’s flagship crude tops G7 price cap, but impact on supplies to India may be muted

December 14, 2020By businessreputationdata

In addition, the two countries are also working to iron out differences on issues like intellectual property rights (IPR) and rules of origin and some differences in the services sector under the FTA negotiations, the official said.

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Business Updates

Zomato shares spurt 14% after food delivery platform turns profitable

December 14, 2020By businessreputationdata

Zomato’s stock jumped 14.11 per cent to touch an intraday high of Rs 98.39 on BSE, against its previous close of Rs 86.22.

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